Wells Fargo Reviews | Glassdoor.ca

Wells Fargo Reviews

Updated 22 October, 2018
19,582 reviews

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3.5
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Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
2,422 Ratings

19,582 Employee Reviews

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Pros
Cons
  • "Work life balance was a poor aspect of the job" (in 367 reviews)

  • "Can be hard to reach sales goals" (in 1265 reviews)

More Pros and Cons

  1. "Excellent culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analyst in Toronto, ON
    Former Employee - Credit Analyst in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Wells Fargo full-time (More than a year)

    Pros

    Very down to earth mentality from senior management; one of the few banking environments where career longevity seems like a positive.

    Strong balance sheet and risk appetite. Excellent credit knowledge.

    Cons

    Pay is lower compared to other banks; focus is heavily on lending products and retail. Capital markets division is something that needs to be improved.

    Internal "chat" function monitors your speech so if you swear, they chastise you. Not a great thing in a banking environment...

    Can seem less intense than other banks, which may be a negative to type A personalities.

    Not great employee training, but they are working to improve this (maybe I was spoiled at my last employer)

    Advice to Management

    Keep doing a great job.


  2. "Limited Growth Opportunities in Operations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Care Representative/Operations Analyst/Operations Processor in Mississauga, ON
    Former Employee - Customer Care Representative/Operations Analyst/Operations Processor in Mississauga, ON
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time (More than a year)

    Pros

    - Good work/life balance, you're able to work from home after one year of employment
    - Good benefits
    - Great culture
    - Amazing diversity, you get to work with a diverse group of smart individuals

    Cons

    - Limited growth opportunities, you basically would have to seek other companies if you want an advancement (varies by department)
    - Favouritism
    - Bullying from a different Department (Belittling One's work, causing loss of confidence)
    - Limited resources to perform day-to-day job functions. There wasn't a clear sense of direction on what the business was expecting

    Advice to Management

    Take care of your people and they'll take care of you:
    - Develop more frequent one-on-one sessions with your employees
    - Management should take action of the bullying that was apparent within the workplace
    - Ask employees for feedback of manager
    - Make communication a priority

  3. "Good learning"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wells Fargo full-time

    Pros

    Good learning experience and great co workers

    Cons

    Unapproachable management and inflexible leave structure

    Advice to Management

    Be more available


  4. "okay place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Its not all bad. mgmt is poor

    Cons

    no pension, but currently looking to change


  5. "Its alright if you're working with the right kind of people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time

    Pros

    Onshore management is wonderful to work with

    Cons

    'Diversity' - In this version, people of non-local backgrounds feel the pinch in all aspect of local correspondence.


  6. "BSC"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time

    Pros

    A good place to work

    Cons

    Inclusion needs to be improved


  7. "Financial Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at Wells Fargo full-time

    Pros

    Great pay and solid benefits

    Cons

    Very slow-paced / old school environment

  8. "nice"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    good environtment to work with

    Cons

    competitve environment t owork with


  9. Helpful (5)

    "An American company with American values"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON
    Current Employee - Anonymous Employee in Toronto, ON
    Neutral Outlook
    No opinion of CEO

    Pros

    - job security
    - compassionate mid-level and upper-level management
    - pays up to 9% into an RRSP/NRSP (3% default, 6% matched)
    - good insurance package
    - free coffee
    - new offices in some locations
    - company appears to love diversity & equal opportunity
    - lots of competent, talented people

    Cons

    - catty Mean Girls/frat boy atmosphere depending on the team you're in
    - some silent acceptance of racist comments from certain individuals; company as a whole, however, does not espouse this kind of philosophy
    - unspoken pact among team members that you work over the allotted 7.5 hours/day (or else they will complain)
    - subtle encouragement to eat at your desk & work through lunch
    - many rude entry-level workers and self-serving middle managers
    - many cuts recently due to transition from GE to Wells Fargo
    - projects take forever to get executed because there will be 700 calls about them, which makes work very unrewarding sometimes
    - basically nonexistent work-life balance, expected to be at the office at all times unless you're in sales, in which case you're expected to be on the road at all times - double standard on policies about working from home
    - limited vacation windows; you'll never be able to take holiday during Christmas/New Year's or during any other end-of-quarter month
    - virtually no training. Learning is done almost entirely through trial and error
    - limited communication and harmonization between and among teams; one question will solicit 6 different answers from 6 different people
    - no sense from upper-mid-management about deadlines for projects and sideline administrative tasks; all work seems to come due end-of-year when everyone is already exhausted with normal work & holiday preparations. Work always ebbs and flows and is never constant; in the down periods you are expected to twiddle your thumbs & stare at your email inbox

    Advice to Management

    Stop hiring babies, get focused, stop being so cheap to your employees, and make it clear that diversity is one of your most important values through means other than through a news bulletin nobody reads. Invest in your employees and train them properly to gain an edge in the market.


  10. "CSR"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wells Fargo part-time

    Pros

    great team environment
    good pay
    nice staff

    Cons

    not as good of benefits as i would have liked


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