Good Intentions, Falls Short - Senior Premier Banker Wells Fargo Employee Review

3.0
13 May 2023
Recommend
CEO approval
Business outlook

Pros

-High base salary compared to the industry. -Compensation plan is actually pretty good and straightforward (2022). -Essentially the highest valued employee at the branch and you should have a private office. -Premier program is highly competitive and adds a lot of value for clients. -Absolutely zero pressure to perform which is probably a negative and is unsustainable in the long run.

Cons

-You are absolutely handicapped as a banker. Cannot take ownership of client situations at all and outcomes are dependent on service departments that are poorly trained or do not care, sometimes have long wait times which means you can't do your job. -WF makes the client come into the branch for nearly everything due to the account opening scandal. Mass affluent clients realize this is dumb and burdensome. You're supposed to be a white glove service for clients and you can't do anything remotely. -Not supported in the branches nearly as much as you need to be. Branches are constantly short staffed and proper staffing and training is not made a priority. It falls back onto premier bankers to make sure things run smoothly which is a waste of talent and time. Not to mention you convince people to consolidate with WF and then they have absolutely horrendous experiences with untrained customer service/tellers which reflects poorly.

Explore other reviews about Wells Fargo

5.0
12 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Good ALM team to work for and also very supportive ALM corporate Risk Business team.

Cons

I was a past employee of Wells Fargo. We have a change in management I past years and the current manager is more of a people manager who do not understand the functionality and the code where lot of questions are asked with the team by him that why we are doing this all the time ? He keep on putting his team under the bus in front of the business. Also wanted to change the technology to Java since the application was running smoothly in .NET and is deployed in cloud successfully. He keeps on creating problems for the team that the application is slow and UI layouts are old and performance is slow whereas the application is upgraded to .NET 8 and all the libraries are also updated. In production the application is very much responsive and fast and since he do not like .NET and is a Java person, he constantly creates lot of issues for the team. Personally I am not against any technology but creating and spreading false information is detrimental to the team and to the business. He also take care of the credit or work performed by the team to his own .

4.0
1 Dec 2014
Recommend
CEO approval
Business outlook

Pros

Benefits (but cost creeping up and coverage creeping down each year), Good Morale Both Management and Coworkers, and Honestly a Great Company.

Cons

Cross Selling is the only focus now, firing employees who are great at their job in every area that should matter but if the cross selling results are not meeting the ever ridiculous quota (which continues to rise) than you may not have a job next month. Expectation for customers to say yes to cross selling, leaving you with no real control of your job security. Stress!

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