Wells Fargo

  www.wellsfargo.com
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Wells Fargo Reviews

Updated Jul 25, 2014
All Employees Current Employees Only

3.1 6,041 reviews

75% Approve of the CEO

Wells Fargo President, CEO, and Director John G. Stumpf

John G. Stumpf

(3,040 ratings)

56% of employees recommend this company to a friend

Review Highlights

Pros
  • Work life balance is great with telecommuting option available(in 216 reviews)

  • The company provides great benefits like health insurance, employee discounts etc(in 462 reviews)


Cons
  • Sales goals that must be met whether the customer wants or needs the products(in 470 reviews)

  • No work life balance, very stressful work environment derived from upper managerment(in 108 reviews)

6,041 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Past employee

    Billing Specialist (Former Employee) Mississauga, ON

    ProsIt was a learning experience in the financial realm.

    ConsBanking with WF was a different story, somehow disappointing!

    Advice to Senior ManagementA bank client must be given the benefit of the doubt before determining to close his/her account.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Wells Fargo

    Anonymous Employee (Former Employee) Mississauga, ON

    ProsFriendly co-workers, good work-life balance

    ConsOld Boys club, hard to advance

    Yes, I would recommend this company to a friend

     

    Company was OK...could be better.

    Anonymous Employee (Current Employee)

    ProsThe old TAPS program was great

    ConsThe wages were really low

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    wells fargo corporation 2013 review

    Operations (Former Employee) Mississauga, ON

    Pros-nice people work at wells

    Consmangement is cheap with raises and promotions

    Advice to Senior Managementtreat people better

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Wells Fargo Financial Corporation Canada closed it's doors in the Canadian market for consumer lending.

    Manager (Former Employee) Toronto, ON

    ProsGood Salary, GREAT BENEFITS.
    very good company structure, clear objectives, polices and procedures in place
    professional

    ConsTo many changes to fast, the changes made did not compliment the Canadian market.
    Expectations were to high with the targets given to the branch employees
    Work load for head office employees were at times excessive and unrealistic

    Advice to Senior ManagementN/A

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Good Company of some... Frustrating for many

    Credit Manager (Current Employee) Kelowna, BC

    ProsWFF is an excellent company to start out with if you are looking to begin a career in the finance industry. Decent training program to learn the ropes in lending.

    ConsThe major downsides to working with the company include low salary to start, poor support and recognition, and a unattainable bonus structure in a few of the markets.

    Advice to Senior ManagementI believe the major issue with the corporation is that there is a very large gap between the ground level employees and upper level management who make the decisions. Many of the implemented policies do not seem to be very realistic.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    2 people found this helpful  

    This company has one of the highest turnover rates in Canada, period.

    Credit Manager (Current Employee) London, ON

    ProsYou can get paid to do nothing.

    ConsHow much space do I have for this?
    Getting promoted is a joke. You're lucky if you get a 2% raise at promotion; there are NO yearly raises what so ever.
    Bonus structure is laughable. Sure there is an "opportunity" to make more money, but it requires an emmence amount of effort for a pathetic return. 99% of Credit Managers don't make bonus, those who do its rare for it to be over a few hundred dollars.

    Advice to Senior ManagementPay higher base salary and give bonuses. There minimum targets are WAY too high at this company (on purpose so they don't have to promote anyone). Turnover for Credit managers in the GTA area was OVER 90% IN 2008!!!!! 90% THAT IS NOT A TYPO

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    avoid working here

    Senior PC/LAN Analyst (Current Employee) Toronto, ON

    Prosabsolutely nothing, working there was a nightmare

    Consdesktop manager in sioux falls is an idiot. has no clue on how to treat people

    Advice to Senior Managementstop treating your employees like dirt

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    SALES SALES SALES SALES

    Lead Teller (Current Employee) High Point, NC (US)

    ProsBenefits- Time off, 401k,

    ConsIn retail all they care about is sales

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Dependant on your location and manager

    Anonymous Employee (Current Employee)

    ProsGreat growth opportunity, hire and promote from within.

    ConsAggressive sales environment
    Pressure from management
    Self sourcing required in some areas, but not in others.

    Advice to Senior ManagementI am fortunate enough to be at a busy store so we can rely on walk-ins and inbound calls to meet our sales goals, but other stores in the district see a fourth of what we do, yet their sales goals are the same. I think that is very unfair and is the cause of such high turnover. Use common sense and adjust the goals to compensate for store traffic.

    Yes, I would recommend this company to a friend

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