Wells Fargo reviews

3.5

57% would recommend to a friend

(54,459 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 54,459 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 Finance industry (3.7 stars).

Reviews by job title

54K reviews
1.0
Jul 1, 2024
Recommend
CEO approval
Business Outlook

Pros

You get a big brand name on your resume if you are lucky, you will get a great manager and team to work with If you are very lucky and talented, you will get favoritism.

Cons

Lala ji manages everything. sick mentality of few managers and even people sitting in leadership position. You wont be able to see your HR or know your HR after joining. You wont be able to get your pending documents after you lose access to portal. settlement team wont respond to emails at all for many days. Management will make you cry blood and you will lose hope and charm to live, while they enjoy perks!

2.0
Sep 10, 2023

Not what it once was

Recommend
CEO approval
Business Outlook

Pros

PTO, personal holidays, 401(k) matching, insurance benefits

Cons

Wells Fargo no longer thinks you need a sufficient staff to run a branch. Branches are staffed with skeleton crews and no one cares. Salaried employees are lucky to get a lunch break. When you do, you’ll be stuck not able to leave the branch in case you’re needed. You may get 15 minutes, 30 if you’re lucky. There is no longer a work life balance for employees. Imagine running a branch with 3 to 4 employees!! This is what Wells Fargo wants. Why? Because they don’t want customers coming to the branches. They want customers using ATMs and mobile banking. Employees are forced to hound customers about not coming inside the branch and using ATMs and mobile banking instead. Unless you’re bringing in lots of money or you want to borrow money, Wells Fargo wants you to bank on your own. The customer relationship is longer important. You’re there to be transactional. It’s sad this is where the bank has gone. Don’t let the shiny benefits fool you!

2.0
Mar 13, 2020

Pathetic

Recommend
CEO approval
Business Outlook

Pros

The only reason you can work here for long is the work life balance and on time salary. The firm also provides lazy managers and other colleagues with fun time like Kshitij and sports etc. Canteen is ok ok.

Cons

There are many cons working in this firm. 1) Hardly any learning you will get here as the works here are no brainer task and they don't have much technical people in the company. 2) Lately this bank has been involved in many scandals for which they are still paying penalty in USA and as result the brand value has gone from bad to worse. 3) EGS India has become a place of dirt accumlation as employees think it as a retirement company and hence no enthusiasm to do something creative is left. Quality of resources are going down day by day 4) EGS Managers are even more pathetic . They are coming from services company like Wipro and Tech Mahindra and are making the place more filthy with their dirty politics. 5) There appraisal process is to laugh about . They say no bell curve but give every Manager a task to keep at least 10% of the population in need improvement/NI with PIP bracket. The worst part is they give NI based on circumstances and by keeping in mind their personal problems. For ex one of my colleague got a NI just because he had taken more leaves for his marriage seriously .... 6) They give mangers a title of Technology Manager and the best part is the Manager is far far away from Technology. 7) You will be respected only if you are valuable resource for the project. Once they know that you are no more necessary for the project they will play games and will surely keep you in NI bracket. 8) If you want good hikes in this company then either you have to be from the same state as of Manager( preferably Telangana or Tamil Nadu) or you should know how bootlicking is done else forget good hikes in your tenure. 9) The firm is going down with a rapid pace. They fired approx 175 QA managers as suddenly those people had become burden. Also they demoted all the TM2 to ASE5 role 10) Promotions here depends how close you are with Manager or in other words how good you can bootlick your manager. Also rather then promoting existing member in the team they will hire a contractor and make him permanent after 18 months at a level higher than you.

Viewing 34 - 36 of 54,459 Reviews

Glassdoor has 58,566 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.