Wells Fargo reviews

3.5

57% would recommend to a friend

(54,403 total reviews)
avatar

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 54,403 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
Dec 2, 2008
Recommend
CEO approval
Business Outlook

Pros

Excellend company, classy, and good organization structure.

Cons

Repetitiveness; not really being able to take on new challenges, questionable management. Dissatisfaction with the way they handled a very important personal situation. There is a huge conflict of interest within the entire company. "Financial" is the consumer finance division of Wells, their primary product is sub-prime refinancial/lending. However the consumer finance division also offers auto secured lending and unsecured lines of credit. The problem is Financial offers higher rates on the secured and unsecured lending products, you solicit these products to existing Wells customer to offer diversified products, but some if not most these existing customers have similar products already at much much lower rates. So how can the same company offer similar products, to existing consumers, at a higher cost?! How would take a line of credit from Financial @ 18%-24%, when they can call the Wells Bank in South Dakota via phone, or internet and obtain the same product for a 4-13% rate? You competing for consumers within the same parent company which the biggest competitor ironically!

Viewing 54166 - 54168 of 54,403 Reviews

Glassdoor has 58,504 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.