Stress, corruption, lack of motviation - Personal Banker Wells Fargo Employee Review

1.0
Mar 11, 2013
Recommend
CEO approval
Business outlook

Pros

You can advance quickly if you drink the company kool-aid and are willing to do some very unscrupulous things in the constant chase for solutions.

Cons

Everything. The sales pressure is insurmountable, the daily (yes daily) sales goals are unrealistically high and the attitude is "do whatever it takes to get your solutions". The majority of employees are unhappy and the majority of bankers come in to work everyday worried about their job security. And lastly, the incentive compensation program with Wells is a joke, the absolute worst in the industry. Please, if you listen to anything I say i strongly advise that you look elsewhere if you are looking for a career in banking. There are other companies with much more sensible sales goals, less sales pressure, much better and more frequent payouts in regards to bonus, and most importantly they incentivize the RIGHT things which result in clean sales and actual banking.

Explore other reviews about Wells Fargo

5.0
May 4, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I loved my manager at the location

Cons

I needed to grow in my career

4.0
Dec 1, 2014
Recommend
CEO approval
Business outlook

Pros

Benefits (but cost creeping up and coverage creeping down each year), Good Morale Both Management and Coworkers, and Honestly a Great Company.

Cons

Cross Selling is the only focus now, firing employees who are great at their job in every area that should matter but if the cross selling results are not meeting the ever ridiculous quota (which continues to rise) than you may not have a job next month. Expectation for customers to say yes to cross selling, leaving you with no real control of your job security. Stress!

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