Wells Fargo Reviews

Updated Sep 24, 2020

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3.6
69%
Recommend to a Friend
77%
Approve of CEO
Wells Fargo CEO Charlie Scharf
Charlie Scharf
705 Ratings
Pros
Cons
More Pros and Cons
  1. "review"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst 
    Recommends
    Positive Outlook

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

    Pros

    - amazing place to work

    Cons

    - hard work is expected of you

  2. "Not recommended as a workplace"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Operations Analyst in Montreal, QC
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time

    Pros

    -new downtown offices -extra activities to bring people together -medical insurance -only for starters

    Cons

    -racism well developed with management silently accepting and encouraging racist behaviors -bullying and harrassment in documentation is a normal thing, management actually using internal gossip to play around employees -immature management in the portfolio management team, the manager plays favourites with everyone's silent acceptance, the team itself is a champion in racial inequalities with people actually mocking foreign names of colleagues, chances and project being given to personal friends of the very same manager; -HR team in Mtl is represented by a sinister guy that is known to be laughing at racist jokes around the office, that covers up managements bullying on employees DO NOT EVER GO SEE HIM, HE WILL GO BEHIND YOUR BACK TO YOUR MANAGER, he is BEYOND UNPROFESSIONAL and has no empathy!!! -there is much propaganda around diversity and inclusion within the company, but the sour truth is that nobody cares nor acts towards such concepts within the Montreal office were locals marginalize and bully people that are diverse, or don't speak french; -there is a woman in credit that takes care of business initiatives that needs to be educated on what a micro - aggression is! I once got out of the kitchen and literally felt her breath on my neck!she has no issue ripping down people based on the cheap gossip she entertains each time she has the occasion, thank God her dream of managing ops was shattered this spring!

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  3. Helpful (5)

    "Toxic workplace and full of constant propaganda about diversity & growth -DON'T FALL FOR IT. AND CHEAP!!!"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Sales in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I have been working at Wells Fargo full-time for more than 5 years

    Pros

    1) A-1 Benefits package- better than most banks. 2) Nice new down town office 3) Small teams- everyone knows each other 4) bathroom is (fairly) clean and they have a big kitchen and nice view 5) receptionist is nice

    Cons

    where do I begin..... 1) Canada HR is HORRIFIC! Do not go to them and complain about your manager... THE WHOLE COMPANY will get a copy of your email and they will HUMILIATE you! HR will always look out for the bank and bad managers and colleagues will NOT be disciplined. 2) So much favoritism. No matter how foul a person can be, if they're good at kissing butt, your life will be miserable (again, don't bother going to HR about racist or sexist comments because they will not be taken seriously- you'll only get viewed as a complainer or a "problematic" employee. 3) I am so sick and tired of all the propaganda about diversity and growth and supporting internal talent! Such a load of poo!!! This bank ALWAYS hires externally (except for when a VP hires his friend's kid as a favour in which case even deserving undergrads with no connections do not have a chance). 4) There is NO diversity in sales- its all white males. And for those diverse analysts and associates, they get squeezed out cause it’s a white boys club- its so toxic and pathetic. If you’re a diverse candidate, your talent and time is better spent elsewhere. You will not be valued you. If you do get hired, they do it to keep their stats up—they don’t actually value you. 5) Upper management on the “Support” floor always takes credit for anyone else’s work. In particular, there is a woman in senior leadership that runs projects and governance initiatives- she lovessss sitting at the boys table (even though she doesn’t actually bring any value) and will step and tear down any other females that intimidates her. She will PUBLICLY HUMILATE other women just cause deep down she knows she’s threatened. But will flirt and act all cute with the men in the room. 6) The “RISK” group is a bunch of clowns. Such a joke. Nobody knows what they’re doing. I can’t wait for Charlie to get rip them apart. It’s a bunch of morons hiring their friends from back home who can barely speak a word of English. If you walk past them, all you’ll hear is them speaking in their own language and you have no idea if they’re making fun of you or talking about work. And I don’t know if they actually ever even do anything they’re always standing around the kitchen talking and laughing. This place is a joke. 7) If you’re not part of the Corporate Investment banking team, you’re a joke and made fun of by everyone on the team from the interns, to associates, to RMs and even the MDs make fun of everyone behind their back. Its so toxic. 8) nobody gets a raise or promotion – unless you threaten to quit. Actually, you may not even get a promotion that way. I have no idea how anyone progresses at this place. 9) they are so CHEAPPPPPPPPPPPP!!! No Christmas party, no lunches, no happy hour, ITS LITERALLY WORK HARD and zero play. Works out if you’re completely emotionless though and don’t care for any recognition. 10) also, their education reimbursement is dumb. Nobody gives it out because it comes out of that team’s AU, and nobody wants to approve that because that means it’s a cut from everyone else’s bonus and you get questioned as to why your AU has so many expensive. The bank doesn’t actually have funds set aside for education or growth so while they talk about helping you grow, they also make you feel like poo when you ask them to pay up. 11) They just fired a bunch of people and think moral stayed the same. Everyone is traumatized from that, and everyone had to pick up and do more work with no increase in pay. Its nuts.

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  4. "Good culture"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Quantitative Risk Analyst 

    I have been working at Wells Fargo full-time

    Pros

    Very good culture. Diversity is highly valued. Very little politics

    Cons

    Hard to promote due to flat structure.

  5. "Database admin"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager 

    I have been working at Wells Fargo full-time

    Pros

    Heath work environment, good friendly peopl

    Cons

    No work from home. Sometimes night work

  6. "Good job"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Banker 
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Fun for the whole family

    Cons

    They pay way too much

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  7. "G"

    5.0
    Current Employee - Underwriter in Toronto, ON

    I have been working at Wells Fargo part-time

    Pros

    Best reason is the pay

    Cons

    Downside is the pay and hours

  8. "Good Place To Work For More Established Individuals"

    4.0
    Current Employee - Consultive Sales Associate- Home Improvement 

    I have been working at Wells Fargo full-time

    Pros

    Financial upside is high, good job stability

    Cons

    Current ongoing re-org with unknown changes still to come.

  9. "a lot of politics in culture"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Operational Risk Consultant 
    Doesn't Recommend
    Neutral Outlook

    I have been working at Wells Fargo full-time for more than a year

    Pros

    The company is going through a lot of positive change.

    Cons

    Politics and lack of clear roles hinder positive change

  10. "Positive and healthy work place"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    Former Employee - QA Analyst 

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

    Pros

    Good salary hikes, work from home and transportation

    Cons

    No change in projects for long time

Found 24146 reviews