Wells Fargo reviews

3.5

57% would recommend to a friend

(54,393 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 54,393 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
2.0
Jun 3, 2008
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo Financial is a great place to learn how to sell. New employees with zero sales experience get great sales training that transcends to other industries. Management does encourage growth, and when you do well they make sure everyone knows about your success. If you move, there is usually a local Wells Fargo Financial branch to where you are going. Some of the best benefits in the industries. This is primarily a mortgage company, so to get a competetive base salary plus commision potential allows for less stress than other mortgage sales jobs which are usually 100% commission. Also, if you are not happy at Wells Fargo Financial you can always look to transfer within the Wells Fargo & Company families to find a better fit.

Cons

As a sub-prime consumer lender, sometimes you can feel bad about what you are doing. We help a lot of our customers, but at the same time some of the loans we do really aren't good loans and will eventually hurt us and our customer. Also, management sometimes wants us to do what's best for the company as opposed to what is best for the customer. This seems counter to the company's goal of "making good loans that improve our customers' financial situations." Also, there is a lot of pressure to hit goals, and that pressure sometimes leads to some employees in the company doing unethical things to get business booked. Also, our personal sales goals are usually unrealistic and are given to us too late to make an impact on how we plan to reach them. No cost of living raises, and performance based raises are very difficult to acheive.

4.0
May 31, 2008
Recommend
CEO approval
Business Outlook

Pros

I work on the Financial side which has great opportunity for those who are willing to take there career into there own hands. If you want to be stuck going nowhere then it wouldn't be the position for you but for those who are self motivated, money hungry, and are looking to work in a company that rewards you for what you are worth to them, Wells fargo Financial is something you should check out.

Cons

Some basic downsides would be the amount of stress you can put on yourself to acheive your goals.

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