Wells Fargo reviews

3.5

57% would recommend to a friend

(54,418 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 54,418 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
4.0
Jan 31, 2009
Recommend
CEO approval
Business Outlook

Pros

They are well-managed. They were not involved in any of the excessive debt and equity securities that caused the financial meltdown in 2008. Although during the mortgage boom time, every firm made huge fortune in mortgage backed securities and CDOs, Wells Fargo stayed away from those securities.

Cons

At the end, it's corporate America. With over 300,000 employees after Wachovia acquisition, really you're just a number in the company. Also, on retail banking side, some of the bankers are really not that knowledgeable. They don't know the basic financial terms and all they do is pushing products. They should be more selective with their employees.

4.0
Jan 30, 2009
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo was generally a nice place to work and treated their employees well. They pay technical staff well and have decent benefits including matching 401K plan to 6%.

Cons

Recent reductions in staff due to downturn in Mortgage Industry. At times, Senior management made decisions on projects that should have had input from Technical staff causing the projects to fail.

4.0
Jan 30, 2009
Recommend
CEO approval
Business Outlook

Pros

The company has a very rigid structure that allows for advancement provided you work within the confines of the structure. Pay is good and raises are provided at regular intervals, though again the pay raises are structured. The company emphasizes pride in the company which results in a fun atmosphere to work in.

Cons

One of the reasons to work for Wells Fargo is also one of the reasons why one might not like it at Wells Fargo. The structure can be stifling at times, particularly for those who don't appreciate a rigid setup.

Viewing 54142 - 54144 of 54,418 Reviews

Glassdoor has 58,524 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.