Objective promotions. Great career growth potential. - Branch Manager Wells Fargo Employee Review

5.0
Mar 22, 2010
Recommend
CEO approval
Business outlook

Pros

Wells is a great company. I have been challenged and been able to grow and improve greatly in my personal sales during the past 3.5 years I've worked here. I've gained fantastic training and management experiences I wouldn't trade for anything. I've been rewarded with good monthly commission. This is a job that you have to earn. It's sales and I think some of the credit managers forget that sometimes. A lot of new hires feel entitled when they haven't yet proven themselves. They don't last long. No job that doesn't make you work for it is worth doing. This is not a company for babies. This is a company and a job where when the going gets tough, the tough get going.

Cons

Sometimes managers don't do as well as they should in managing expectations. Some credit managers come on thinking that earning VCP (commissions) will be a snap. No, you have to work for it. I don't have a problem with that fact, just that some new hires feel a little lead on. I tell people that if you've never done cold call telemarketing before that this job will feel like it. I have done cold-call telemarketing before and to me this job feels nothing like it. However if you treat this job as though you are a cold-call telemarketer you can do very well. The moving package is okay although not as good as it used to be. I don't like that our pension plans disappeared last year...not sure how that's going to figure into my eventual retirement plans. For 2009 there were several very heavily weighted portions of all us managers' reviews that had to do with company performance and not individual or branch performance. These measures actually made it mathmatically impossible to reach the highest rating, even if one scored perfectly in every single area that they could affect directly. That would definately be a disconnect between upper management and sales managers. It was quite a demotivator.

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5.0
Jul 1, 2026
Recommend
CEO approval
Business outlook

Pros

Good company to work with with good benefits

Cons

Could find some politics depending on your location

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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