Wells Fargo
3.1 of 5 4,938 reviews
www.wellsfargo.com San Francisco, CA 5000+ Employees

Wells Fargo Reviews

Updated Apr 16, 2014
All Employees Current Employees Only

3.1 4,938 reviews

                             

75% Approve of the CEO

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

John G. Stumpf

(2,714 ratings)

56% of employees recommend this company to a friend
4,938 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "Work life balance is great with telecommuting option available"
    in 186 reviews
  • "Great benefits with plenty of PTO for a nice work/life balance"
    in 409 reviews
Cons:
  • "Sales goals that must be met whether the customer wants or needs the products"
    in 419 reviews
  • "No work life balance, very stressful work environment derived from upper managerment"
    in 95 reviews
  • Show more review highlights

Reviews

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

 

Past employee

Billing Specialist (Former Employee)
Mississauga, ON

I worked at Wells Fargo full-time for more than 3 years

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

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  • Culture & Values
         
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  • No Opinion of CEO

 

Wells Fargo

Anonymous Employee (Former Employee)
Mississauga, ON

I worked at Wells Fargo full-time for less than a year

ProsFriendly co-workers, good work-life balance

ConsOld Boys club, hard to advance

Yes, I would recommend this company to a friend

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Company was OK...could be better.

Anonymous Employee (Current Employee)

I have been working at Wells Fargo

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

I worked at Wells Fargo full-time for more than 5 years

Pros-nice people work at wells

Consmangement is cheap with raises and promotions

Advice to Senior Managementtreat people better

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  • Work/Life Balance
         
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Wells Fargo Financial Corporation Canada closed it's doors in the Canadian market for consumer lending.

Manager (Former Employee)
Toronto, ON

I worked at Wells Fargo

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

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Good Company of some... Frustrating for many

Credit Manager (Current Employee)
Kelowna, BC

I have been working at Wells Fargo

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

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2 people found this helpful  

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

Credit Manager (Current Employee)
London, ON

I have been working at Wells Fargo

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

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  • Disapproves of CEO

1 person found this helpful  

avoid working here

Senior Pc/lan Analyst (Current Employee)
Toronto, ON

I have been working at Wells Fargo

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

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1 person found this helpful  

It was a wonderful experience and I hope some day I will be blessed to get another position there.

Anonymous Employee (Former Employee)

I worked at Wells Fargo

ProsThe atmosphere, benefits are great...it's family oriented although it's a place of business.

ConsParking was too expensive and more telecommuters save more money for the company. Not all employees are irresponsible...Learn to trust.

Advice to Senior ManagementBe mindful of lower experienced employees...They're important too.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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4 people found this helpful  

Challenging banker

Personal Banker I (SAFE) (Current Employee)
Atlanta, GA (US)

I have been working at Wells Fargo full-time for more than 3 years

Pros401k match is great at 6% . PTO and vacation days are great. Benefits are great as well and it is easy to move up within the company because they tend to hire mostly from within.

ConsPressure from upper management is unrealistic. You need to have two checking acct appts at a minimum per day and in the Cherokee county district 3 credit card apps per day. Also, expectation is often unrealistic and you can't just expect to work here and sit in your office or desk and expect to get sales. The compensation bonuses are like 1000 max per quarter IF you go way above your quota which the way the market is, not a lot of ppl are hitting it. As a banker, don't expect to be offered more than 15.10 an hour and that is with experience. Turnover rate is absolutely appalling.

Advice to Senior ManagementDistrict managers need to quit trying to micromanage everything and making employees irritated because that's why turnover is so high.

– I'm not optimistic about the outlook for this company

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Wells Fargo – Why Work for Us?

Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores and more than 12,000 ATMs and the… Full Overview

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