Wells Fargo

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Wells Fargo Reviews

Updated 18 August, 2014
Updated 18 August, 2014
6,310 Reviews

3.2
6,310 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,186 Ratings

Review Highlights

Pros
  • The service is top rate to the customers and the work/life balance is very good (in 241 reviews)

  • They do have good benefits although they continue to degrade a little every year (in 431 reviews)


Cons
  • Sales goals that must be met whether the customer wants or needs the products (in 481 reviews)

  • No work life balance, very stressful work environment derived from upper managerment (in 111 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Past employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Billing Specialist  in  Mississauga, ON
    Former Employee - Billing Specialist in Mississauga, ON

    Pros

    It was a learning experience in the financial realm.

    Cons

    Banking with WF was a different story, somehow disappointing!

    Advice to ManagementAdvice

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

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Wells Fargo

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Mississauga, ON
    Former Employee - Anonymous Employee in Mississauga, ON

    Pros

    Friendly co-workers, good work-life balance

    Cons

    Old Boys club, hard to advance

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Company was OK...could be better.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    The old TAPS program was great

    Cons

    The wages were really low

  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    wells fargo corporation 2013 review

    Former Employee - Operations  in  Mississauga, ON
    Former Employee - Operations in Mississauga, ON

    Pros

    -nice people work at wells

    Cons

    mangement is cheap with raises and promotions

    Advice to ManagementAdvice

    treat people better

  6.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Manager  in  Toronto, ON
    Former Employee - Manager in Toronto, ON

    Pros

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

    Cons

    To 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 ManagementAdvice

    N/A

    Approves of CEO
  7.  

    Good Company of some... Frustrating for many

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Credit Manager  in  Kelowna, BC
    Current Employee - Credit Manager in Kelowna, BC

    Pros

    WFF 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.

    Cons

    The 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 ManagementAdvice

    I 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.

    Recommends
  8. 2 people found this helpful  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Credit Manager  in  London, ON
    Current Employee - Credit Manager in London, ON

    Pros

    You can get paid to do nothing.

    Cons

    How 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 ManagementAdvice

    Pay 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

    Doesn't Recommend
  9. 1 person found this helpful  

    avoid working here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior PC/LAN Analyst  in  Toronto, ON
    Current Employee - Senior PC/LAN Analyst in Toronto, ON

    Pros

    absolutely nothing, working there was a nightmare

    Cons

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

    Advice to ManagementAdvice

    stop treating your employees like dirt

    Doesn't Recommend
    Disapproves of CEO
  10. 2 people found this helpful  

    Home Mortgage Consultant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Home Mortgage Consultant  in  Layton, UT (US)
    Former Employee - Home Mortgage Consultant in Layton, UT (US)

    Pros

    Wells Fargo provides all the resources you would need to be successful at this job. All you need is the drive to succeed and they will get you there.

    Cons

    The sales goals are high and sometimes may seem daunting but they can be achieved.

    Advice to ManagementAdvice

    Break down goals into small bit size pieces so that they don't seem so large and hard to get to.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 2 people found this helpful  

    Lead Teller & Teller

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Lead Teller  in  Mesa, AZ (US)
    Former Employee - Lead Teller in Mesa, AZ (US)

    Pros

    The company is great to work for, many perks in discounts, retirement match, paid time off, quarterly bonuses, many opportunities to grow within the company. Great coworkers and environment (most of the time...you always have those few who are Debbie Downers)

    Cons

    Be ready to sell products! Its all about the customer and making sure they have EVERY possible product that will help benefit them. If you don't meet your goals, no bonus. After a certain amount of not meeting your quarterly goals, they will write you up if you don't make a change.

    Recommends
    Approves of CEO

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