Let's start with: Is Wells Fargo a good place to work?
19 replies (most recent on top)
Until the regulatory issues are behind us and we can grow again - Saul said no automatic employee growth when reg issue lifted in his ama this past week.
It used to be.
Shart doesn't care if the cap is lifted, he will keep downsizing domestic employees until he leaves. He brings absolutely nothing else the to table. It's the ONE thing he does. He won't stop in 12 months, or 24 months, or ever. It will end when he is replaced, and not before.
No. It was a good place to work.
Now it is just a job that provides decent pay and benefits while hanging the threat of displacement over every employee's head.
401k match once a year is awful...vacation days su-k until you are here 10 years and technology at y2k levels...got to pay more than market rate for competent people but at same time lower costs by letting too many people go thus making best employees want to mentally check out...
Sleezy, untrustworthy, lying upper management that has created a toxic work environment. My peers and immediate manager are wonderful. It's the a--clowns running the place that are putrid.
It's a company in the fourth quarter of recovery and still needing to shed tens of thousands of headcount. Therefore it's a a difficult place to be for the next 12-24 months. Until the regulatory issues are behind us and we can grow again, it's going to be a tough place to work. Just a fact.
Immediate manager and peers are great. Everyone higher is absolute garbage and despicable.
I am extremely happy at Wells. Good boss and team, I’m not fu---d with. I certainly realize that I am significantly in the minority here….
Yes and No
Benefits and pay are really good and that is important to a lot of people (there is no other place where a business execution P5 level can earn 25-30% bonuses and make over 200K).
However, the monitoring of how many hours people are in the office, awful leadership, and fear of layoffs every 2 weeks, make this place intolerable.
If you manage to get into a good group that isn't overwhelmed with work, yeah... It's a pretty good place to work.
If not, it's absolute torture. Politics gets you ahead, while talent gets you punished. Incompetence is rewarded, capability is viewed as a threat. Cronyism is a way of life here.
absolutely I love it.
Is the reason that the cloud migration is failing because the bank and management wasted so much time on "going agile"?
The benefits at Wells Fargo are really good, if you can deal with the toxicity. Not sure an early grave is worth it. The leadership is really bad.
It is the most banking and financial services holding company ever!!!
You must not work there or you would already know.
Pre Shart / Scandal / JP rejects / millions of controls added / layoffs - an excellent place to work