5
eNPS Score
Q&A With Wells Fargo Employees
At Wells Fargo, we believe in the power of working together because great ideas can come from anyone. Through collaboration, any team member can have an impact and make a difference for the entire company. So join our team to start your career in a supportive environment where you can learn and grow.
How employees describe working at Wells Fargo
To be good at my work and responsibility.
Review from Product Dept
Hard working, but not necessarily working smarter.
Review from Product Dept
The welcome I received in the first few months.
Review from Design Dept
I have been working in this company for 9 years. I like the environment and the benefits the income is fair. What i don't like is too many changes on a fast pace without a real structure. They change their mind and the systems and tools frequently. It makes it difficult to keep up and be consistent
Review from Finance Dept
It has changed a lot throughout the years
Review from Customer Support Dept
What it's like to work at Wells Fargo
- Wells Fargo employees generally work 8.9 hrs a day
- Employees at Wells Fargo report the work pace is extremely fast
- On a typical day, employees at Wells Fargo have 1 meeting
- 80% of Wells Fargo employees look forward to interacting with their team every day
- Wells Fargo employees most often take 20-30 paid vacation and sick days each year
- 63% of Wells Fargo employees report they are happy with their work life balance
- Wells Fargo employees typically get valuable feedback on how to improve at work Once a month
- 73% of Wells Fargo employees call their work environment positive
Q&A With Wells Fargo Employees
IDX: 0 TOT: 132
How much and how often do raises happen at Wells Fargo?
Top Employee Response
1-5% max, depending on performance and how close to market value you came in. Very fair.
I am a teller and my quarterly bonus was $89. And that is with excellent ratings which is what the bonus is based on.
Annually, rarely excessive but comparable to market. Don’t expect to be “right-sized” IF you over perform.
What is the best part about your compensation package at Wells Fargo?
Top Employee Response
I have not been about to access my full ability due to opportunities
I make pretty good money for my position. The benefits are great and not too expensive. One of the best things is the 6% retirement match.
That is base on activities and behaviors not sales goals.
What are some of the best things about your team at Wells Fargo?
Top Employee Response
We have a diverse team
The very best I've ever worked with
Supports every time. Teamwork
What is most positive about the culture and environment at Wells Fargo?
Top Employee Response
Despite what people think it's a great culture. We genuinely care about our customers and always put them first. That's why we're successful
Great energy among the team. Evyone works with a purpose
WF admitting they made a mistake. John Stumpf should still be with us -- unfortunate for a great executive to lose his legacy, very good CEO
What do you like best about the leadership team at Wells Fargo?
Top Employee Response
They have a personal interest in both personal and professional.
My leadership team is the reason I stay sleuth Wells Fargo
Open, honest, transparent . . .
How's the work life balance at Wells Fargo?
Top Employee Response
Excellent! Positive culture change over the last year.
ok for some, terrible for others. depends on the department
It is now busy all the time. No time to even take a breath between calls. So not worth it!
What makes you most happy at Wells Fargo?
Top Employee Response
We're making a huge difference in helping our clients meet all of their financial objectives every day.
I like when I see my team's and my own hard work pay off. I love seeing someone get better at their job and be excited to come to work.
That I work for a company that truly cares
How common is it to switch departments or teams at Wells Fargo?
Top Employee Response
Varies
When you move into a position, you have to be in that position for a year before you can move without Manager approval. After the year, you can pretty much move around as you like.
Wells Fargo is reconized as keeping the team members forever. It’s easy to apply internally to work in another position. You have to be at the same position for at least one year to be eligible to move.
What benefits does Wells Fargo provide?
Health benefits, 401K, disability if proven, paided vacation,
Okay benefits but you can feel the cut in what is provided and the higher cost.
Health, dental, vision.. standard stuff
What's one thing you wish you'd known before joining Wells Fargo?
How long some initiatives would take. When people on salary make decisions for people in commissions, the timing is always too long
The stress levels
Our overly paranoid ineffective credit culture! That being said the rest of the organization is great to work for. WE DONT MANAGE RISK, WE FREAK OUT AND AVOID IT ALL TOGETHER WITH 0 TOLLERANCE FOR REASON.
If you could make changes, how would you improve the culture at Wells Fargo?
Top Employee Response
Right now there is a witch hunt mentality where a lot of people are afraid they are going to , unknowingly, make a mistake and get fired.
Better pay/bonus. Why do people have to have 2 or 3 jobs to have a family when the CEO gets a raise of 6.8 millions. We are the people that keeps WF working and we are treated as if we are the worst expense of WF.
There is too much nepotism at this bank. A manager will hire their friends and pay them outrageous salaries.
What should I wear for an interview at Wells Fargo?
Buisness casual
Business casual
Suit
How long do the interviews usually take at Wells Fargo?
1 hour
3 months
Hour
What unique perks and benefits does Wells Fargo provide?
A genuine sense of pride in your job.
6 percent match in 401k
Used to be benefits
What are the team outings like at Wells Fargo?
Boring and forced
We have none. Budget cut.
what are team outings?
How much diversity is there among employees at Wells Fargo?
Getting better at street level. Not much change in management
At the bottom? Its pretty diverse, but the higher you go the more you see only old white guys
Too many uneducated entitled people
How's the morale at Wells Fargo?
Ok...still feel beat up, but the bad press is starting to finally take a backseat.
Very bad due to the benefit changes that have justt been announced
In the IT dept? Pretty SAD!!!
How common are layoffs at Wells Fargo?
Top Employee Response
Not to common they phase people out by attrition or lack of movement in a section, there is an elimination of 100% telecommute which will phase many people out
VERY COMMON, lots of people just got laid off while they're hiring in India and the Philippines like crazy... hm wonder why
I never know anyone that was laid off
How rewarding is your job at Wells Fargo?
Helping people great. But everything about the job is wearing you down. Micromanaging, no meetings, no get outings, and pay that you have to get another job to afford anything.
not very
Average
How difficult is it to maintain a social life while in your job at Wells Fargo?
Hard they expect alot no set days off for some team members but others get lots of time off
Not difficult. Work-life balance is reasonable.
Impossible
How's the vacation policy at Wells Fargo?
Top Employee Response
It's great! You are provided so many options on how to take off work in a year that I usually don't get a chance to use all mine cause there's so much of it
Very good. 4 weeks to start and 1 week more at 3 years. Another week added at 10 years.
It varies with how long you have been with the company. I believe that it starts in the 23-25 day range. After a few years it jumps to 28-29 days. This doesn't include holidays. Time off is one huge perk for working at Wells Fargo.
How flexible is your work schedule at Wells Fargo?
Badly always flexible for them but them not for me
I am a financial advisor so mine is pretty flexible
Very, I put in time but on my standards
Who did you meet with during your interview? And how long did it take to hear back from Wells Fargo?
I meet an area manager, branch manager and another manager. It took less than 24 hours.
Manager and a few weeks
My interview was about two hours. I heard back after about five minutes.
What's the office layout like at Wells Fargo?
Badly planned for privacy with customers
Pisspoor
Cubes
How do you feel about Wells Fargo's future?
Worried
Same as other major financial institutions....I hope we’re not regulated out of business
I think it will fail.
Curious about what work's like at Wells Fargo?
Anonymously Ask Wells Fargo Employees Any Question
Should I work at Wells Fargo?
43% of Wells Fargo employees would encourage their friends to become coworkers, whereas 19% are neutral and 38% would not recommend working at Wells Fargo to their friends.
| 43% | Promoters |
|---|---|
| 19% | Passive |
| 38% | Detractors |
