Good pay and benefits but little career growth opportunity - Anonymous employee Wells Fargo Employee Review

3.0
26 Jun 2011
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The company offers decent salary compensation relative to the individual's position and experience. The benefits offered are excellent and cover everything from 401K, legal services, child care, etc.

Cons

Depending on the division you are in, you might find yourself stuck in neutral with your career. Few individuals were ever promoted (and none of the IT division I was in) and little is done to encourage employees to work toward promotion. Because it is a bank change is glacially slow and you cannot expect to utilize the latest technologies, but can expect to use far outdated technologies that will be of little benefit to you if you choose to leave. The workplace environment is often extremely parochial and even childishly petty. Comments and behavior are often at a high school level which you will have to either accept or withdraw from in order to survive long term.

Explore other reviews about Wells Fargo

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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