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      Wells Fargo

      Engaged Employer

      Wells Fargo reviews

      3.5

      57% would recommend to a friend

      (54,463 total reviews)
      avatar

      Charlie Scharf

      62% approve of CEO

      55% positive business outlook

      Ratings by demographic groups

      Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,463 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Wells Fargo employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

      Reviews by job title

      54K reviews
      1.0
      Sep 28, 2021

      Eroding Culture, Poor Executive Leadership

      Corporate risk
      Recommend
      CEO approval
      Business Outlook

      Pros

      Employees I work with are fantastic and focused on doing the right thing Employees are very customer focused Compensation is competitive.

      Cons

      Executive leadership decided to disregard all telecommuter arrangements previously put in place and force everyone to start coming into the office, and during a pandemic. All work from home positions have been eliminated, with no logical reason given. Employees are angry, and rightly so. Executive leadership refuses to listen to employee and management feedback, despite declining morale, decreasing employee engagement, and increasing attrition. Full steam ahead. Benefits: Poor paid time off for new hires. No sick time. Expensive medical insurance. Lack of good technology for employees. Manual processes, Lack of diversity in executive positions, especially those making decisions about how employees work

      2.0
      Sep 21, 2021

      Headed for a takeover

      Branch manager ii
      Recommend
      CEO approval
      Business Outlook

      Pros

      PTO, holidays, and personal holidays were great. Professional training was stellar prior to Covid.

      Cons

      I started my career here amost two decades ago and thought I'de retire here. Uncertainty of many positions is rampant. Career advancement has dried up due to job cuts. CEO is cutting so many jobs, your workload becomes an impossible task and you are required to stay late or work 6 days a week to get it accomplished. Work/life balance is a thing of the past. It has the feeling of a take-over coming soon and great, tenured employees are fleeing the sinking ship quickly. In the district of 11 branches I was in, 6 branch managers have left in a span of 4 months. 3 more are actively looking outside of Wells Fargo.

      2.0
      Jun 13, 2021

      Good idea for entry, but not for the long term, unless you "know" someone.

      Banker
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Ability to contribute to HSA - 6% 401K match - School reimbursement, but work's schedule, & company's interest comes before yours. "It's a business, after all", been told. - Great direct management team. - Friendly co-workers. - Dress code tends to be relaxed, as long as it's appropriated, and professional. - May be a good stepping stone to get into the finance world.

      Cons

      - Very micro-managing. - Rules & regulations are made & given by bunch of CEOs, etc., who have no idea how the real branches work. - Long process(es) to get something done. - Sale practices are being replaced by contanst reviews of the CNAs, BNAs, & # of referrals from the management. - Raises are being replaced by customers' quarterly average of reviews, & surveys. - Extremely under-staffed. - A person's education, knowledge, years of service, level of customer service, or # of licenses don't mean a squat, but the ability of "kissing the right places", definitely do wonders. - The memory of the scandals are tattooed in the public's minds. Customers still bring them up from time to time, & employees are still being hammered for something they didn't do. - Just like with all big companies, anyone is replaceable. - Extremely difficult to move up. - Pay is low, compare to the company's competitors. Typical 2% annual raise, if there's any.

      Viewing 325 - 327 of 54,463 Reviews
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