Wells Fargo reviews

3.5

57% would recommend to a friend

(54,403 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 54,403 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
Jun 12, 2008
Recommend
CEO approval
Business Outlook

Pros

The benefits are wonderful and better than most companies. As well as the Paid Time Off. Wells Fargo is very interested in keeping a variety of people and is committed to diversity. There are many options to volunteer in things as far reaching as a Gay Pride Parade to Habitat for Humanity. Also, Wells Fargo allows life partners to attend Wells sponsored events.

Cons

The budget cuts make it impossible to purchase even t-shirts for new employees or take them to lunch. Also, makes it impossible to hire people as needed and give them raises as necessary. The recognition and compensation plans are minimal and can be very misleading and discouraging. The current quarterly sales compensation plans are too long for Generation Y employees and we are seeing a huge decrease in motivation due to it.

2.0
Jun 12, 2008
Recommend
CEO approval
Business Outlook

Pros

The banking and loan options for employees are really good. There were several good options for medical care, as well as optional dental and vision coverage. Also, the company has pretty advanced technologies for managing customer accounts and identification, making a teller job easier than many other places. However, this makes many elderly customers uneasy, causing complaints. This will probably be the case in many customer-service jobs though.

Cons

The management team I had was very passive and lacking in ways to motivate their employees. Giving away prizes (e.g. baseball tickets) is great, but when management gives you insanely unrealistic goals, who cares? The training was extensive, but many employees, myself included, get thrown to the wolves, waiting months before attending a teller class. This is a bank, where people manage money, especially cash. Training should be the number one priority upon hiring a teller. This is NOT always the case at Wells Fargo.

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