Wells Fargo reviews

3.5

57% would recommend to a friend

(54,447 total reviews)
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Charlie Scharf

62% approve of CEO

55% positive business outlook

Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,447 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
3.0
Aug 1, 2009
Recommend
CEO approval
Business Outlook

Pros

I do believe there is room for growth within Wells Fargo Financial. Don't be mistaken though, Financial is a different company than the Wells Fargo Bank, so you better want to move up in the sales world. It is a good experience for recent college grads.

Cons

After a year of working there, it gets old- every day is the same. This is SALES, which means unrealistic goals, NO BONUSES, and pushing things on people you would NEVER yourself sign up for. 28% auto loan?? No thanks. You harass people on the phone to get then to come in. That's right. It is a glorified telemarketer (although I have heard they make much more). These people are sometimes called every week, and you are expected to call them several times a day until they agree to come in. What is funny is they require a college degree to work here, but it is a joke. This job requires no intelligence. I cannot believe I spend tens of thousands of dollars to be a telemarketer. Sales numbers are getting worse and worse and management keeps increasing the goals- very bad for motivation. You find yourself rolling your eyes because success here is impossible. Don't even THINK about the $3,000 bonus op every month. Nobody gets it. They mislead you in thinking you can make more money than the janitor, but the truth is, they are making just a couple thousand dollars less than you every month.

3.0
Jul 31, 2009
Recommend
CEO approval
Business Outlook

Pros

I iked the junior people, and some senior management. The pay package is relatively good, and the city of Charlotte is a great place for young professionals.

Cons

The orginization means well, but the bank tries to be like a traditiona buldge bracket firm and this is not Wachovia's strong point.

2.0
Jul 30, 2009
Recommend
CEO approval
Business Outlook

Pros

wells fargo offers a base salary for a sales job, with great benefits. no overtime cap, can, and will work plenty of overtime. lots of down time to play on the computer.

Cons

high high high sales pressure, lack of respect. can be on top of the world one month, but see what happens when you have down month. constantly driven into the ground on a daily means about how bad you are doing. constantly pointing out all the negatives about being on the infamous "zero list". all about calling the same people cycled every week but still trying to force outrageous loans on prime customers. because they are the only ones who will be approved.

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Glassdoor has 58,554 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.