Wells Fargo reviews

3.5

57% would recommend to a friend

(54,496 total reviews)
avatar

Charlie Scharf

61% approve of CEO

55% positive business outlook

Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,496 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Wells Fargo employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Reviews by job title

54K reviews
1.0
Oct 25, 2023

Don't Work Here

Recommend
CEO approval
Business Outlook

Pros

This ran its course. Was there too long and I'm glad I'm gone. Benefits. Good co-workers trying to do a good job.

Cons

1- Wells is not the same company and is an embarrassment. 2- DEI and a woke culture has taken over. You will know it and have to engage in it because it will fill your work space every day/month to a point of being brain washed. 3- Senior management ties your manager's hands to a point where any good idea you have will never get implemented because of the layers and layers and layers of management. 4- Pay is not consistently applied to those with the same position. They will take advantage of you when they can without you realizing it until some later point. They will give you more responsibility with the perception they are happy with your work without additional compensation. 5- Notice the favorable reviews come from overseas workers? 6- Wells has tried for 6+ years to get out of the scandals they created and still can not get out from the asset cap imposed by the Federal Reserve. What does this tell you? Do you really want to work for a company like this? 7- Your work is audited to a point of nauseam. Don't make any mistakes either or they can hold it over your head come any raise or bonus time. 8- The money they waste because of inefficiencies, settling lawsuits, etc. because they have such deep pockets is mind blowing. If only that money was channeled to your workers, who actually deserve it.

1.0
Apr 1, 2022
Recommend
CEO approval
Business Outlook

Pros

There are some good people there that haven't left yet

Cons

Does not promote from within, prefers to hire outside of the company. There is no clear path for promotions, and they are not talked about. You get pigeon-holed and forgotten about. Applying internally for other positions is a waste of time as you won't get a response of any type. HR is doesn't seem to exist. Communication is horrible. Management only doles out the minimal amount of information as it is needed. Lots of backstabbing, so always need to CYA. Teams do not work cohesively. Management gives entire teams bad ratings, contrary to what was being said all year. They give a generous 1 to 2% raise if you do get a good review. Employees are not treated as assets, but more like contractors where they will get rid of you on a whim. Saw several people with 20+ years of experience and knowledge suddenly let go without warning. My recommendation would be to never apply here, ever.

1.0
Feb 10, 2021

Company from Hell

Recommend
CEO approval
Business Outlook

Pros

You will not find any Pros here

Cons

1. No holidays or rather if you want to have a legal holiday mandated by law, you need to have it approved and it will have certain conditions wherein they can revoke your right for a holiday. 2. VERY DISORGANISED process and they do not communicate to streamline it. 3. Leaders treat their staff as robots and machine. They think you owe them if they let you have an off day. Also, the leaders don’t know the process they handle but they will really abuse their power and act almighty. 3. Compensation heavily relies on your manager’s approval. So expect there will be months where your salary is unbelievably low. Their payroll process is completely prone to human error. 4. Their diversity and inclusion advocacy is a SCAM. They don’t value diversity inside. Your mental health does not matter, your health does not matter. Once you sign the contract they “own” you. 5. Power tripping is disgustingly profound especially in the contingent resource department.

Viewing 55 - 57 of 54,496 Reviews

Glassdoor has 58,604 Wells Fargo reviews submitted anonymously by Wells Fargo employees. Read employee reviews and ratings on Glassdoor to decide if Wells Fargo is right for you.