HR or Marketing?Claim Your Free Employer Account
Wells Fargo Claimed Company
The reason we wake up in the morning is to help our customers succeed financially and to satisfy their financial needs, and the result is that we make money. It’s never the other way around. read more
Wells Fargo Company Culture
Wells Fargo Culture
This score is derived from employee ratings & reviews3.9/5
Wells Fargo's Overall Culture is rated B
Top Rated Culture Dimensions
Perks & Benefits
A-Compensation
BEnvironment
BHappiness
BTeam
BWells Fargo CEO
Top 50%Top 50% of Similar Size Companies on Comparably
Charles Scharf
69 /100
See More
Diversity at Wells Fargo
Top 50%Top 50% of Similar Size Companies on Comparably
C+
Diverse employees at Wells Fargo have rated Team, Environment, and Perks And Benefits as the highest categories they have scored
Women at Wells Fargo
Top 40%Top 40% of Similar Size Companies on Comparably
B-
Women at Wells Fargo have rated Perks And Benefits, Team, and Work Culture as the highest categories they have scored
Wells Fargo eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 50%Top 50% of Similar Size Companies on Comparably
Recommend to a Friend?
5
Wells Fargo employees are 5% more likely to recommend Wells Fargo as a great place to work
| 43% | Promoters |
|---|---|
| 19% | Passives |
| 38% | Detractors |
Working at Wells Fargo
Working at Wells Fargo is rated average by 1757 employees, across various culture dimensions. Wells Fargo employees are most satisfied about Perks And Benefits, Compensation, and Environment categories, putting Wells Fargo’s culture in the Top 35% compared to similar sized companies on Comparably and in the Bottom 45% compared to other companies in San Francisco. See below in detail how working at Wells Fargo was rated by employees.
Overall Company Culture at Wells Fargo
B
Overall Company Culture at Wells Fargo is rated B
Last updated today
Top
35%
Wells Fargo ranks in the Top 35% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score
Wells Fargo Employee Reviews
Out of 2281 Wells Fargo employee reviews, 70% were positive. The remaining 30% were constructive reviews with the goal of helping Wells Fargo improve their work culture.
| Positive Reviews | 70% |
|---|---|
| Constructive Feedback | 30% |
Positive Reviews From Wells Fargo Employees
- What are some of the best things about your team?Peer discussion and peer led sessions but overall engagement from senior leadership
- What is the best part about your compensation package?Simple and easy to understand
- What do you like best about the leadership team?Collaborative, authentic and transparent about the decisions and direction of the firm
Constructive Feedback From Wells Fargo Employees
- What needs to change to make the company culture better?Value employees, promote employees that work hard and go above and beyond, and have better transparency. Hard working employees get taken advantage of. They are essentially punished for working hard with other peoples work.
- What does the leadership team need to get better at?Transparency is lacking and they feel very unapproachable.
- What would you improve about your company's interview process?speed it up to less than 6 months
Wells Fargo Company Information
Wells Fargo Mission, Vision & Values
Wells Fargo Mission Statement
The reason we wake up in the morning is to help our customers succeed financially and to satisfy their financial needs, and the result is that we make money. It’s never the other way around.
Wells Fargo Vision Statement
We want to satisfy our customers’ financial needs and help them succeed financially. This unites us around a simple premise: Customers can be better served when they have a relationship with a trusted provider that knows them well, provides reliable guidance, and can serve their full range of financial needs.
Wells Fargo Values
- What’s right for customers.
- People as a competitive advantage.
- Ethics.
- Diversity and inclusion.
- Leadership.
Sustainability and Corporate Social Responsibility at Wells Fargo
We’re accelerating the planet’s transition to a low-carbon economy and helping to reduce the impacts of climate change on our customers, team members, communities, and business. We are committed to doing our part to accelerate the transition to a lower-carbon economy and reduce the impacts of climate change. We do this by increasing our operational efficiency, and advancing clean technology, innovation, and other environmental solutions. We engage our customers, team members, suppliers, and community partners in our efforts to reduce waste, conserve resources, and support resilient communities.
Wells Fargo’s philanthropy will focus on strengthening financial health, housing affordability, and supporting small business growth.
| Headquarter | San Francisco, CA United States of America |
|---|---|
| Website | www.wellsfargo.com |
| Tel | (480) 814-2820 |
| Company Status | Public |
| Stock | WFC |
| Jobs | www.wellsfargo.com/about/careers/ |
Wells Fargo Competitors
Wells Fargo competitors include Bank of America, Citi, State Street, and Bank of China. Wells Fargo ranks 1st in Overall Culture Score on Comparably vs its competitors. See below how Wells Fargo compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Culture Video
Wells Fargo Employees
Wells Fargo has 266000 employees. 1757 employees at Wells Fargo have reviewed Wells Fargo across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was today.
Overall, the 1757 Wells Fargo employees give their leadership a grade of B-, or Top 40% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Wells Fargo are generally satisfied with their total compensation at Wells Fargo, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Wells Fargo are pleased with their team. 1757 Participants grade the quality of their coworkers a B. The majority believe the meetings at Wells Fargo are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Wells Fargo believe the environment at Wells Fargo is positive. Most Participants believe the pace of work at Wells Fargo is extremely fast. About 65% of the employees at Wells Fargo work 8 hours or less, while 6% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Wells Fargo are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
Wells Fargo employees generally work 8.9 hrs a day
Work Hours
A Day in the Life
Employees at Wells Fargo report the work pace is extremely fast
Work Pace
A Day in the Life
On a typical day, employees at Wells Fargo have 1 meeting
Meetings
A Day in the Life
80% of Wells Fargo employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Wells Fargo employees most often take 20-30 paid vacation and sick days each year
Perks & Benefits
A Day in the Life
63% of Wells Fargo employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Wells Fargo employees typically get valuable feedback on how to improve at work Once a month
Feedback
A Day in the Life
73% of Wells Fargo employees call their work environment positive
Environment
Joining Wells Fargo - Employee Onboarding
The prevailing opinion from employees about joining Wells Fargo is that the company was very prepared on their first day. Wells Fargo employees concluded that their overall onboarding experience was positive. 78% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Wells Fargo KPIs and OKRs
Wells Fargo KPIs and OKRs are most clear in the Operations department and Business Development department, whilst employees in IT and Engineering departments think their goals least clear. Out of 138 Wells Fargo employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 89 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Featured Press for Wells Fargo
Wells Fargo CEO & Leadership
69 /100
Wells Fargo CEO Awards and Recognitions
Wells Fargo’s CEO Charles Scharf started in this role in 2019. Charles’s approval rate is just above average, putting Charles in the Top 50% of all CEOs of similar-sized companies on Comparably, and in the Bottom 45% compared to the CEOs of all other companies in San Francisco. Charles Scharf is well regarded by employees for the Perks And Benefits Wells Fargo offers, and ranks among the Top 15% of CEOs by employees in that category. Charles is most liked by employees with 6 to 10 Years experience and employees in the Finance department. However, employees in the Customer Success department have a slightly unfavorable view of the CEO. When compared to Wells Fargo’s competitors, Charles Scharf ranks just above State Street’s CEO Ronald O'Hanley. With Charles’s leadership, Wells Fargo employee respondents are most happy about their Perks And Benefits and Compensation. Charles was rated slightly below average for Professional Development.
Wells Fargo Leadership
The Wells Fargo Executive Team is rated a “B-” and led by CEO Charles Scharf, Chief Risk Officer & Senior EVP Michael Loughlin, and Head of Operations and Executive Vice President Titi Cole
Charles Scharf CEO / President
Charles Scharf serves as the CEO / President of Wells Fargo.
Michael Loughlin Chief Risk Officer & Senior EVP
Mr. Michael J. Loughlin, also known as Mike, has been the Chief Executive Officer and President of Wells Fargo Real... read more
John Richard Shrewsberry CFO & Senior EVP
Mr. John Richard Shrewsberry has been the Chief Financial Officer and Senior Executive Vice President at Wells Fargo... read more
Avid Modjtabai Senior Executive Vice President of Payments, Virtual Solutions and Innovation
Ms. Avid Modjtabai has been Senior Executive Vice President of Payments, Virtual Solutions and Innovation at Wells Fargo... read more
Ms. Susan G. Swenson was Chief Executive Officer of Inseego Corp from October 2015 to June 2016. Ms. Swenson was Chair... read more
Glen Kelley Regional President of Greater Virginia
Glen M. Kelley has been Regional President of Greater Virginia at Wells Fargo & Company since October 2013. Glen M.... read more
Cathy Durfee Senior Vice President and Business Banking Manager
Cathy Durfee serves as Senior Vice President and Business Banking Manager at Wells Fargo & Company.
Nick Salomone Head of Middle Market Banking
Mr. Nick Salomone has been Head of Middle Market Banking at Wells Fargo & Company since December 12, 2016. Mr. Salomone... read more
Wells Fargo Salaries
How much does Wells Fargo pay?
How much do people at Wells Fargo get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Wells Fargo is $142,994, or $68 per hour, while the estimated median salary is $153,221, or $73 per hour.
At Wells Fargo, the highest paid job is a Group Product Manager at $330,000 annually and the lowest is a CS Rep at $35,500 annually. Average Wells Fargo salaries by department include: Operations at $114,574, Sales at $212,968, HR at $135,249, and Finance at $95,648. Half of Wells Fargo salaries are above $153,221.
1172 employees at Wells Fargo rank their Compensation in the Top 25% of similar sized companies in the US (based on 3657 ratings) while 1122 employees at Wells Fargo rank their Perks And Benefits in the Top 15% of similar sized companies in the US (based on 1236 ratings).
Salaries contributed from Wells Fargo employees include job titles like Lead Engineer, Engineering Manager, Scrum Master, and Senior Product Manager. Comparably data has a total of 116 salary records from Wells Fargo employees.
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $70k | $70k | 1st Percentile |
17th Percentile $114k | $114k | 17th Percentile |
33rd Percentile $153k | $153k | 33rd Percentile |
50th Percentile $208k | $208k | 50th Percentile |
67th Percentile $267k | $267k | 67th Percentile |
83rd Percentile $317k | $317k | 83rd Percentile |
100th Percentile $330k | $330k | 100th Percentile |
$142,994*
Average Compensation
$153,221*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Wells Fargo Salaries by City
- Los Angeles
- Minneapolis
- Phoenix
- Miami, FL
- Des Moines, IA
- Charlotte, NC
- Wilmington, DE
- Ames, IA
- San Francisco
- Dallas
- Fort Worth, TX
- Salt Lake City
- Provo, UT
- Seattle
- Pittsburgh, PA
- Santa Barbara, CA
- Richmond, VA
- Greensboro, NC
- Saint Louis, MO
- Winston Salem, NC
- New York
- Boston
- Portland
- Chicago
- Atlanta
Wells Fargo Salaries by Department
Diversity & Inclusion at Wells Fargo
Diverse employees at Wells Fargo score the company 66/100 across various culture categories, placing Wells Fargo in the Top 50% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Wells Fargo across various culture dimensions.
Our diversity and inclusion strategy provides common direction and clear goals across Wells Fargo. We focus on three areas: Team members. We strive for a culture with inclusive policies and programs that attract, develop, engage, and retain the best talent.,
Ranked Culture the Highest
Ranked Culture the Lowest
Wells Fargo Perks & Benefits
Health & Wellness
- Dental Insurance
- Health Insurance
Wells Fargo PTO
Wells Fargo's PTO and Vacation policy typically gives 20-30 days off a year with 79% of employees expected to be work free while out of office. Paid Time Off is Wells Fargo's most important benefit besides Healthcare when ranked by employees, with 38% of employees saying it is the most important benefit. Wells Fargo's benefits and PTO Package averages to represent a $500 -$1000 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Wells Fargo Careers
Wells Fargo Jobs
No Recent Jobs found for Wells Fargo on Comparably
Mark that you are interested and we will alert you when there are new positions available listed on Comparably
H1B Visa
In 2019, Wells Fargo applied for 156 H1B visas. Of the work permits applied for, 98% were approved.
An in-depth look at ‘Certified-withdrawn’ H1B applications at Wells Fargo unveil that one approved work permit application was withdrawn before the employee’s start date.
Work Permit Application Outcome
Wells Fargo has a total of 266000 employees
156
Total Applied
H1B Applications Outcome
- 98% Granted (153 out of 156)
- 1% Denied (2 out of 156)
- <1% Withdrawn Application was withdrawn by the employer before approval/rejection (1 out of 156)
- 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 156)
This data was calculated using publicly sourced data from OFLC Performance Data
Let Wells Fargo Know You Want To Work There
Overview of Candidates Interested in Wells Fargo on Comparably
Candidates By Department
All Industries | 51% | |
|---|---|---|
Engineering | 13% | |
Operations | 7% | |
IT | 7% | |
Product | 6% | |
Other | 16% |
Candidates By Location
Charlotte | 9% | |
|---|---|---|
San Francisco | 7% | |
New York City | 7% | |
Phoenix | 6% | |
Minneapolis | 4% | |
Other | 67% |
Wells Fargo Internship Program
Wells Fargo's wide range of internship and development programs for undergraduates and post-graduates are designed to prepare you for a rewarding and successful career. We offer a variety of exciting career paths that will allow you to flourish in an inclusive environment comprised of other smart, dedicated professionals who are focused on success.
Joining our team will allow you to work in a fun, diverse environment where you'll gain exposure to the multitude of businesses within the company.
How difficult is it to get an internship at Wells Fargo?
Engineering
Operations
Business Development
Finance
Customer Support
IT
Very Difficult40%
Somewhat Difficult40%
Not Difficult0%
Difficult0%
Does Not Offer Internships20%
Answered by 5 Engineering Interns
Very Difficult0%
Somewhat Difficult63%
Not Difficult25%
Difficult0%
Does Not Offer Internships12%
Answered by 8 Operations Interns
Very Difficult33%
Somewhat Difficult34%
Not Difficult33%
Difficult0%
Does Not Offer Internships0%
Answered by 3 Business Development Interns
Very Difficult17%
Somewhat Difficult8%
Not Difficult8%
Difficult8%
Does Not Offer Internships59%
Answered by 12 Finance Interns
Very Difficult25%
Somewhat Difficult50%
Not Difficult0%
Difficult0%
Does Not Offer Internships25%
Answered by 4 Customer Support Interns
Very Difficult0%
Somewhat Difficult0%
Not Difficult57%
Difficult14%
Does Not Offer Internships29%
Answered by 7 IT Interns
Frequently Asked Questions regarding Wells Fargo
Who is the CEO of Wells Fargo?
Wells Fargo CEO is Charles Scharf, their score by employees is 69
What is Wells Fargo eNPS?
The eNPS for Wells Fargo is 5
What is Wells Fargo revenue?
Wells Fargo revenue is $86B
What is the salary for Event Planner in Wells Fargo?
Event Planner average salary in the US is 94k
What are the salaries in the IT in Wells Fargo?
The average salaries for IT in Wells Fargo is 110k
×