Pros
The company is great for anyone under 30 years old, especially college graduates. Entry level - Credit manager is a sales/customer service position handling real estate, auto and personal loans/lines of credit. Every employee has an abundance of responsibilities and quickly amass experience in customer communications, data analysis, management and other skillsets. The company gives a nice base salary but the monthly bonuses have potential to match the base salary. Wells Fargo has a nice benefit package that gives employees the benefit of up to 20 personal days per year. The company is great at awarding high performing employees with reward dinners and trips.
Cons
At Wells Fargo the base salary is fairly small compared to industry standards. The bonus structure is very rigid and is based upon not only mortagages but other product/unit/volume sales as well. A bonus payout can vary up to 100% if dependent on one variable. The company promotes an independent work environment but fails to empower employees to much extent. Wells Fargo has a rigid structure to solicitaction, and processes that basically ensure that each is employee is doing the same thing at the same time. Wells Fargo needs a better compensation structure, and create more diverse work opportunties outside of the home office.