Wells Fargo reviews

3.5

57% would recommend to a friend

(54,465 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 54,465 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
5.0
Sep 4, 2014

Personal Banker

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great room for advancement. If you are great with customers and love to sale, you will do great. If you don't have customer services skills and don't like to sale, don't waste your time. This company is a great company to work for but they are sales and customer orientated.

Cons

Depending on the district you may be placed, you may have an amazing management staff or the worst. If you don't meet your sales goals (may I say they are ridiculous, how many accounts can someone really open?) you will be placed on a warning and quickly pushed out.

1.0
Jan 27, 2009
Recommend
CEO approval
Business Outlook

Pros

Strong bank with strong traditions in lending. Strong name recognition with customers.

Cons

You will not have a life, you will be expexted to sell to friends and family twenty four hours seven days a week. They will change your compinsation plan each year to make it harder for you to earn incentive compensation. Be prepared to cold call and be yelled at by customers and management. If you are not meeting their goals that are set extremily high you will stay late and make outbound calls. Your job will be threatened by putting you on corrective action including being terminated for notmaking sales goals. Plenty of team members will seel inappropreate products to customers including credit products.

1.0
Oct 25, 2024
Recommend
CEO approval
Business Outlook

Pros

They can’t give you any sales goals because of previous lawsuits. You work in AC. Job is easy and someone with a double digit IQ can do it.

Cons

The hours end up being way longer than 9-5. They have so many mandatory meetings, that could have been emails, first thing in the morning. Management and above seems like they are cashing in on all of their employees, while everyone else was struggling to survive and many people had multiple jobs. All the extra bonuses you could get as a personal banker were based on customer satisfaction scores that were across the entire branch, which included teller line. So if the teller line got negative scores you would not be getting a bonus, even if it had nothing to do with you. Wells Fargo did this kind of thing to make sure they paid everyone as little money as possible.

Viewing 55 - 57 of 54,465 Reviews

Glassdoor has 58,572 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.