With the talk about mid year raises it’s clear wells pays below market price but is working for wells easier than working at another bank? Wells’ incompetent management means expectations aren’t too high. The constant regulatory scrutiny means you can get by without attention of detail. Is wells just generally an easy place to work? I wonder if banks like BOA who pay more also expect competency and growth from their employees. What’s you alls experience working for other institutions compared to wells?
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I've been at other companies. WF stands out as having more work that is "urgent, but not important", and "work about other work that doesn't matter in the first place".
Nothing that my team does has anything to do with making WF a better financial institution, or helping our customers meet their financial needs, or whatever the mission statement of the day is.
IMO other there banks that are harder to get into and layoff (dead wood) more frequently tend to have more professional people. The work may be easier at WF, but if you do a good job and actually achieve something, you are liable to be thrown under the bus or atta_cked by people not interested in doing a good job and contributing to the company, but see you as a reason they might get laid off, or have a not stellar review, as your performance would be ahead of theirs and push them down in the stack ranking. It's a tough balance doing a good job and defending your reputation.
The work is EASY at WF, it's the petty accusers, whiners, power-plays (in employees AND some managers) and job hoarders that will either get in the way of you moving up, maintaining or inspire you to move on.
On mid year raises/reviews: expectations may not be high, but if it's between competency & growth and an honest appraisal of your performance, I'd take that over lowered expectations and an inexperienced manager inserting something negative in your review as they might be feeling in competition with you, or insecure about THEIR job, resulting in them doling out the higher raises to their less worthy "buddy" employees.
There's probably more general competency to merit correlation in the Technology sector. Better yet- start your own business. It's why a lot of people leave Corporate America.
Wells Fargo does suffer all of the same issues as the other major banks, but two really big issues. First is seriously outdated technology. Second is highly clerical jobs because of that dated technology. Third is that it is going to get even worse quickly because we are so inefficient that we cannot survive and compete.
What this means is a lot of layoffs coupled with forced overtime for exempt employees. It was always this way in tech but it’s going to be endemic to the company.
Wells is easier.
Wells Fargo is all about busywork and spending time on cumbersome processes and meetings that accomplish nothing. This leaves little time during the traditional workday for actual bank business, so there’s lots of unpaid overtime.
It's easier. Trust me .
not just banks but most companies. a lot of someone's happiness at work comes down to your management and team, I've had good and bad teams at Wells Fargo and good and bad teams at other companies. you'll always find happy people and discruntled people at any company
Not as easy as your mother.
Wells Fargo is spread so thin personnel wise that you're stuck doing the job of 2 or 3 people while only being paid about 75% of what one employee is paid at the other big banks.
I got bad news for you. The big banks are all the same. The executive layers just bounce around between them.
If you want a different experience, you'll have to go to a local or regional bank and hope it isn't bought out or merged to make another big bank.