Wells Fargo reviews

3.5

57% would recommend to a friend

(54,470 total reviews)
avatar

Charlie Scharf

61% approve of CEO

55% positive business outlook

Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,470 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
Apr 27, 2020
Recommend
CEO approval
Business Outlook

Pros

They won't lay you off if they can help it, they'll move you to a different department if possible.

Cons

Literally everything else. You'll be fine if your manager likes you, but 1 bad manager can destroy years of work. And you will be moved and you will not have a choice, so it's just luck of the draw if you have a good manager or not. The training is poor, and the only way you'll get support outside of training is if you're lucky enough to have a helpful senior employee. And they will tell you to do things you know are wrong when you get into production so you can try to reach their insane goals. Probably why they have so many lawsuits all the time. They will tell you there is a bonus structure and then do everything they can to make sure no one can reach their goals to get the bonus, which is why their employees ste worked to death and constantly stressed to their max. Room for advancement is limited and managers can block you from applying to different departments for ANY reason. Really. ANY reason. Think of what that could mean if someone has some arbitrary issue with you? It's an incredibly toxic work environment and I watched more than one person reach their limit with Wells Fargo in my 7 years with them. It isn't worth it & leaving was the best decision I've ever made for myself and my family.

1.0
Apr 1, 2020
Recommend
CEO approval
Business Outlook

Pros

The pay is fairly good. Contributions to HSA for doing Well-Being activities (annual physical, biometric screening, etc.) Apps System Engineer is a generic title for various disciplines of Software Development from SW Engineer, DevOps, SDET, etc. All are paid roughly the same depending on grade level. The CEO is doing his best cleaning up the mess from past events and has a good reputation in the industry.

Cons

Cons greatly outweigh the Pros as you can see from the upcoming rant. Benefits aren't that great. Still have to pay for the high deductible plan and contribute to an HSA. The deductible is also much higher than what I used to have elsewhere. Constant reorgs. I accepted an offer, then about a week before my start date the team I joined was put under a different group of which the Manager has no idea why the team is reporting to him! I have not worked on a single thing since I was hired... NOT A SINGLE THING. The reorg has nothing to do with it though, the project pipeline has no future insight. They work on a single project until it is done and THEN decide what the next project is. SLOW!!!! The team I joined says they've been working on the same project for 3+ years! Everyone that works here seems to be stuck in their old ways, they aren't open to adopt anything new. Skype Audio Meetings are literally just becoming a thing here and no one seems to want to adopt it for some reason, this is a decent example of how far behind they are in terms of using modern technology. They would rather dial in from a VIOP phone AND join a Skype Meeting to view what someone is presenting. Makes no sense to me why no one wants to add audio to the Skype Meeting, it's simple. I'm mind blown by this. TONS of restrictions. I understand with it being a bank and all, but software that you can install on your system is very limited, no modern technology, all old legacy stuff. You'd think modern tech would have better security vs legacy. Hard to research and learn a topic or simply find a solution to a problem since almost every single site is blocked (except for StackOverflow THANK GOD). I left a job where I was valued (but underpaid) and worked with tons of other smart engineers for this. Thought I was coming in to be in more of a Lead role and was more motivated than ever. Now I am demotivated, twirling my thumbs everyday trying to keep myself busy.... I could go on and on but I'll stop here. Would not recommend coming here, especially if you're in Tech. Not to mention the bad rep from historical events of which I figured they had moved on from.

1.0
Mar 31, 2020
Recommend
CEO approval
Business Outlook

Pros

- Decent benefits. - Average pay. - Some people are nice.

Cons

- The WF lifers have a creepy cult mentality. - Unless you're the very top of the food chain (i.e., Mary Mack, Titi Cole, Charlie Scharf), you have no influence or ability to make an impact on your line of business. - They don't care about their contact center employees, which is evident in the way they are handling COVID-19. - Work/life balance. - People are nice, but it's mostly fake. - Impossible to get in touch with HR, and when you do, you're talking to someone straight out of college who is following a playbook. - Overly concerned about reducing attrition and don't consider the fact that some people need to go, because keeping them there is a risk.

Viewing 346 - 348 of 54,470 Reviews

Glassdoor has 58,577 Wells Fargo reviews submitted anonymously by Wells Fargo employees. Read employee reviews and ratings on Glassdoor to decide if Wells Fargo is right for you.