There are newer employer reviews for Wells Fargo

 

If you get a good manager and are willing to work, the sky is the limit.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Personal Banker in Las Vegas, NV (US)
Current Employee - Personal Banker in Las Vegas, NV (US)

I have been working at Wells Fargo full-time (more than an year)

Pros

The company offers great benefits, including solid vacation pay (from Day 1), company match 401k (after year 1), reasonable starting salary, good hours with easy work/life balance, and significant growth opportunities. The job itself is not hard if you're somewhat intelligent and are a people person. If you're willing to work hard, you will see doors opening much faster, of course.

Cons

Of course there is sales pressure, but its not anywhere near as bad as I've read in other reviews (of course this will vary greatly depending on where you are working and under whom). I was fortunate to get one of the good managers. Phenomenal, actually. Not without flaws, but a genuine concern for his employees and their growth. A decent amount of downtime (which I actually enjoyed), and some days it can be boring, but that is up to you. Conference calls are not awesome. My biggest complaint is probably the number of employees that should not have been hired in the first place. Wastes time and money to train them when they end up quitting or getting fired within 6 months anyway.

Advice to ManagementAdvice

Weed out bad hires more quickly and recognize and promote talent sooner. This is minor, though. Overall, all that really needs to happen is that the bad managers need to either be trained by the good ones or weeded out sooner.

Recommends
Positive Outlook
Approves of CEO

6688 Other Employee Reviews for Wells Fargo (View Most Recent)

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  1. 1 person found this helpful  

    Wells Fargo Advisors

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Registered Client Associate in Austin, TX (US)
    Current Employee - Registered Client Associate in Austin, TX (US)

    I have been working at Wells Fargo full-time (more than 3 years)

    Pros

    Great benefits, good hours and several holidays off. There are a lot of education opportunities within the firm.

    Cons

    Commission based salary and low growth potential. Also, almost all of the FA's are men and almost all of the CA's are women. There are clear gender biased roles and most women do not break through the CA position.

    Advice to ManagementAdvice

    Continue to recognize CA's for their work. We handle most of the relationship with the clients.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Regional Private Banker Minneapolis, MN

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Regional Private Banker in Minneapolis, MN (US)
    Former Employee - Regional Private Banker in Minneapolis, MN (US)

    I worked at Wells Fargo full-time (more than 8 years)

    Pros

    technology is great. working for a large company, it is possilbe to have a long rewarding career. 401k and vacation time are generous. Salary is average for this position in the marketplace. Midpoint for a seasoned private banker 1 is 55,000. Private Banker 2 is 62,000. both have annual and quarterly bonus potential.

    Cons

    Sales expectations are high; bankers have a dotted line reporting to an affluent sales coach; be prepared for intense one on ones at least once or twice a month to review sales pipeline. Bankers are responsible for achieve 3 of four metrics in deposits, investments, loan, and partner referrals.

    Recommends
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for Wells Fargo

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