Wells Fargo reviews

3.5

58% would recommend to a friend

(54,316 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 54,316 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
Jun 12, 2008
Recommend
CEO approval
Business Outlook

Pros

Great benefits, good salary, great training.

Cons

You essentially are a car salesman. Wells Fargo implements goals for bankers to attain bonuses so high that you have to offer financial products that the customer might not need or want. You basically convince customers that they need the products. Bankers at Wells are not true lenders but order takers. Wells Fargo pushes community banking but it really is not. Loan decisions are made in Neveda, phoniex, or Texas. Bankers have to "sell" 8 solutions to each customer. And some management has the philosophy "just do it" regardless if the customer needs the service.

5.0
Jun 12, 2008
Recommend
CEO approval
Business Outlook

Pros

Its vision and values Its track record Its commitment to diversity Because of these things, team members can be assured that they are working in a company where what they do really matters to the customers that they serve as well as to tthe bottom line. Additionally, they can be confident that Wells Fargo really is committed to People as a Competitive Advantage. Especially in these turbulent times a company like Wells with its nearly matchless track record of performance and history combined with strong and caring leadership at the top is a great place to start a career or to continue a career.

Cons

It's a complicated structure, so collaboration skills are essential. This is no place for lone rangers. Expectations are high, even in difficult economic environments, so you have to stay committed to do well.

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Glassdoor has 58,409 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.