Working At Wells Fargo

Wells Fargo is a world leader when it comes to being a financial services company. The company provides banking services for large corporate, government and financial institution clients. With their worldwide expertise and services, Wells Fargo ensures its clients have the resources to improve their earnings, manage their risks and develop opportunities within the global marketplace. The company operates within offices in 37 countries and territories, and is headquartered in San Francisco.

Wells Fargo isn't your average bank though. The people who work there are continuously finding what boundaries they can push in order to better serve their customers. In addition, the bank has a belief that if you work together as a team you will go farther. That's why the culture at Wells Fargo largely depends on collaboration and teamwork. At Wells Fargo, anyone can come up with a great idea that has an impact and makes a difference for the company.

Employees are drawn to Wells Fargo because of the supportive environment that is fostered within its walls. Wells Fargo is a place where you're encouraged to learn and grow your career. With the company's global reach, you'll have plenty of opportunities to develop a career.

Diving Into the Values at Wells Fargo

While the No. 1 goal at Wells Fargo is satisfying its clients financial needs, the company knows it needs spectacular team members to make that happen. In order to make sure those teammates stay on the same page, the company has 5 primary values that guide every action they take:

  • What's right for customers: The customer is at the center of everything.
  • People as a competitive advantage: The company attracts, develops, motivates and retains the best team members to maintain its success.
  • Ethics: The team members at Wells Fargo hold each other to the highest standards when it comes to integrity and maintaining transparency.
  • Diversity and inclusion: The company believes that diverse perspectives bring the most success.
  • Leadership: They strive to find people to be leaders within the organization that will lead themselves, others, and the company.
  • In addition to these values, the company also has five goals that it's continually trying to reach. Everyone within Wells Fargo works hard together to ensure these goals are being met every day. The company wants to lead the world in:

  • Customer Service and Advice: Providing only the best service and guidance for customers.
  • Team Member Engagement: Since the team members are viewed as the company's best asset, it's important to Wells Fargo that it's truly the employer of choice.
  • Innovation: Maintaining innovative thinking throughout the team in order to test and learn new things.
  • Risk Management: Managing all forms of risk to protect the client's assets, info and privacy.
  • Corporate Citizenship: Contributing to the communities they serve through philanthropic works, ensuring a diverse and inclusive team, creating economic opportunity and promoting environmental sustainability.
  • Shareholder Value: Keeping up with a balanced business model, maintaining strong risk discipline, executing efficiently and hiring a world-class team.
  • All in all, Wells Fargo truly strives to be a place of employment that everyone would take pride in working there. The company is a place where every team member feels valued and appreciated. It's a place where you're respected as a person and within your role at the company.

    The Team at Wells Fargo

    A Group You Can Bank On

    When you start working at Wells Fargo, you'll take note of how everyone comes from different backgrounds, and has had different experiences with a variety of perspectives. They believe at Wells Fargo that the key to success is through a diverse and inclusive team. With the variety of perspectives, the company has become more creative and innovative. That's why they really aim at making the environment at Wells Fargo welcoming and a place where you can bring your true self and shine.

    With diversity and inclusion at the heart of the company, it's no surprise Wells Fargo has several initiatives in place that support the team. Starting with the Diverse Segment Outreach, the Wells Fargo team reaching out to specific communities to learn how to better serve them. These communities include Hispanics, Asian Americans, African Americans, LGBTQ community, women, members of the military and veterans, and people with disabilities.

    Wells Fargo also has instilled Diversity and Inclusion Councils within the company. These CEO-led councils help senior leaders across the company make decisions that align with their goals while also inspiring change. These councils are on every level within the company, which includes regional, local and line-of-business levels.

    In addition to inspiring diversity and inclusion in the Wells Fargo team, the company also strives to integrate diversity into the vendor sourcing process through the Supplier Diversity Initiative. By creating a diverse vendor team, the company is supporting economic growth and creating jobs.

    Wells Fargo also offers Team Member Networks. The networks are made available to all team members. With several networks offered, each one is made specific to team members who are connected by a shared background, experience or other affinity. The networks include:

  • Asian Connection
  • Native Peoples Team Member Network
  • Black/African American Connection
  • PRIDE Team Member Network
  • Diverse Abilities Team Member Network
  • Veterans' Team Member Network
  • Latin Connection
  • Women's Team Member Network
  • Middle East Team Member Network
  • And last, but not least, is the company's Neurodiversity Initiative. This initiative provides the company the focus necessary to remove barriers that may limit team members from performing at their full potential. They realize that everyone has unique strengths and skills, and believe their team members should be able to showcase those in their work.

    The company as a whole believes that every person has something to offer that is spectacular. Through the supportive and caring culture, the team members are given the resources necessary to build strong, long-lasting relationships with one another and the clients.

    The Culture at Wells Fargo

    You Are the Most Important Asset at This Bank

    The team members at Wells Fargo are constantly set up for success with the company's learn-and-grow management style. Best practices are instilled early in your career with hands-on training. The management at Wells Fargo really contributes to each employees' success through their ability to adjust approaches to accommodate individual personalities. It's through this support and trust that you'll be able to move mountains at Wells Fargo.

    Since its inception in 1852, the company has a reputation for being a great place to work. It really shows through the culture that has been built there. Despite what role you may take on at Wells Fargo, you will be valued and respected as an important asset to the team. Your viewpoint and ideas matter at Wells Fargo. That's why the company relies so heavily on constant collaboration. This environment promotes a team that enjoys working together.

    The Benefits at Wells Fargo

    Rewards Aren't Just for the Customers

    Wells Fargo truly aspires to be your employer of choice, which is why the company takes pride in the benefits package that is offered there. The package is available to all team members (including part-timers). While comprehensive health insurance plans are generally pretty standard, there's a couple of perks that you'll find at Wells Fargo that you won't find anywhere else.

    Parenthood can be an exciting time. But what's not fun are the expenses that come along with that child. Especially if you adopt, you're looking at even more expenses. But through your career at Wells Fargo, you won't have to worry as much if you do choose to adopt. With the Adoption Reimbursement Program, the company provides up to $5,000 in financial relief for adoption-related expenses. And while we're on the topic of having a child, the primary caregiver of that child receives 16 weeks of paid parental leave immediately following the birth or adoption. The parent who is not the primary also receives up to 4 weeks of parental leave.

    Another unique benefit is the tuition reimbursement perk. But the company doesn't just support your professional development. No, it goes the extra step to support even your kids' educational development. In addition to reimbursing you up to $5,000 for eligible tuition expenses each year, Wells Fargo also offers several scholarships throughout the year. There are scholarships for dependent children and other scholarships that are offered to children of team members every year. The scholarships range from $1,000 to $3,000.

    In addition to these unique benefits, the company offers comprehensive medical, dental and vision benefits. As a full-time employee you'll also accrue 18 days PTO in your first year with periodic increases throughout your career. And every employee receives commuter benefits, whether you take mass transit or have to pay for parking.

    With these benefits and the culture that is built around the company, Wells Fargo is definitely an employer of choice.

    The Organization’s Mission

    We want to satisfy our customers' financial needs and help them succeed fi nancially.

    Perks of Working at Wells Fargo

    Wells Fargo offers comprehensive and competitive medical, dental, and vision benefits, paid time off, adoption reimbursement, commuter benefits, 401k plan, education benefits, and other perks.

    Industry

    Financial Services

    Revenue

    $86.4B

    Employees

    258,700

    Founded in

    1852

    Headquarters

    San Francisco, CA

    Website

    www.wellsfargo.com

    Organization Type

    Public

    Is This Your Company?

    The team at Wells Fargo

    Key People
    • Beth Hummels (Human Resources Senior Leader)
    • Linda Soldatos (SVP Marketing)
    • Allen Parker (ceo)
    The Inside Scoop
    Wells Fargo & Company is a community-based financial services company that provides banking, investment and mortgage products and services, as well as consumer and commercial finance. The company has about 263,000 team members in 38 countries and serves one in three households in the United States. Well Fargo was founded in 1852 and is headquartered in San Francisco.
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    The Culture At Wells Fargo

    Information provided by the company
    We aspire to greatness. And we believe strongly in work-life balance.
    Learning is a part of the everyday experience at Wells Fargo and we will empower you to unlock your potential. We aspire to greatness.
    We leverage our team members, nationwide facilities and technology to deliver innovative, quality products and solutions
    We aspire to greatness.
    The Technology Finance team, within the Enterprise Finance group, supports Wells Fargo's multi-billion dollar Technology organization.

    Wells Fargo Reviews

    Zippia Official Logo

    3.0

    Zippia UserMay 2020

    3.0

    Zippia Official LogoZippia UserMay 2020

    What Do You Like About Working There?

    Independence of my day; being an active advisor to my clients Show More

    What DON'T You Like About Working There?

    working on commission Show More

    What Are Your Favorite Benefits/Perks?

    come and go as I please Show More
    Zippia Official Logo

    4.0

    Zippia UserApril 2020

    4.0

    Zippia Official LogoZippia UserApril 2020

    What Do You Like About Working There?

    The mortgage loan processing and the software they used. I also like to work in a call center on the phones. Show More

    What DON'T You Like About Working There?

    Short term. Show More

    What Are Your Favorite Benefits/Perks?

    Location Show More
    Zippia Official Logo

    5.0

    Zippia UserApril 2020

    5.0

    Zippia Official LogoZippia UserApril 2020

    What Do You Like About Working There?

    Teamwork, good management team, everyone willing to help Show More

    What DON'T You Like About Working There?

    Extreme volume, not enough people to manage the volume in Home Equity Show More

    What Are Your Favorite Benefits/Perks?

    Flexibility for needs of the employees in their life. Show More
    Zippia Official Logo

    5.0

    Zippia UserMarch 2020

    5.0

    Zippia Official LogoZippia UserMarch 2020

    What Do You Like About Working There?

    I love the customer-centric approach to deepen relationships and providing options through match talk to help our customers succeed. Show More

    What DON'T You Like About Working There?

    Reg 9-6 hours at the same location Show More

    What Are Your Favorite Benefits/Perks?

    Health benefits and 401k Show More
    Zippia Official Logo

    4.0

    Zippia UserMarch 2020

    4.0

    Zippia Official LogoZippia UserMarch 2020

    What Do You Like About Working There?

    Great company culture, Great work/life balance, great experiences and pay is decent. Show More

    What DON'T You Like About Working There?

    N/A Show More
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    Wells Fargo Rankings

    Wells Fargo is ranked #14 on the Best Finance Companies to Work For in California list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

    Read more about how we rank companies.

    Wells Fargo Salaries

    How much does Wells Fargo pay?
    The national average salary for a Wells Fargo employee in the United States is $42,050 per year. Employees in the top 10 percent can make over $85,000 per year, while employees at the bottom 10 percent earn less than $20,000 per year.
    9.1
    Salary Score
    Average Employee Earnings

    Wells Fargo Salaries By Job Title

    While Wells Fargo employees earn an average yearly salary of $42,050, different roles can command different wages. The higher paying positions at Wells Fargo include Loan Documentation Specialist, Finance Consultant, Service Manager, and Quality Assurance Analyst. A typical Loan Documentation Specialist salary at Wells Fargo is $77,180. Some of the other roles at Wells Fargo are Cashier and Customer Service Representative. A worker with the title Cashier at Wells Fargo earns an average salary of $26,972 per year.

    Wells Fargo careers

    On average, employees at Wells Fargo stay with the company for 2.8 years. Employees most commonly join Wells Fargo after leaving Bank of America. When they leave Wells Fargo, they most frequently get their next job at Bank of America.

    Average Length of Employment
    U.S. Bank2.8 years

    Wells Fargo

    2.8 years
    Top Employers Before Wells Fargo
    Citi7.0 %
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    Top Employers After Wells Fargo
    U.S. Bank10.9 %
    Citi6.6 %
    Show More
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    Wells Fargo Employment Videos

    Wells Fargo Financial Performance

    9.8
    Performance Score
    We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

    Revenue

    > $1B

    Founded in

    1852

    Organization type

    Public

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    Wells Fargo Subsidiaries

    Subsidiaries to Wells Fargo include EVEREN Capital, Ge Capital Solutions, and AG Edwards & Sons. Employees at the parent company, Wells Fargo, earn $42,050. In comparison, the salaries at EVEREN Capital, Ge Capital Solutions, and AG Edwards & Sons are $109,699, $80,247, and $74,113.

    Wells Fargo Competitors

    Based on our research, similar companies to Wells Fargo are Morgan Stanley, Goldman Sachs, and The Bank of New York Mellon. Employees at Morgan Stanley earn more than most of the competition, with an average yearly salary of $119,629. Employees at Goldman Sachs earn an average of $105,030 per year, and the employees at The Bank of New York Mellon earn an average salary of $82,840 per year.

    Frequently Asked Questions about Wells Fargo

    When was Wells Fargo founded?

    Wells Fargo was founded in 1852.

    How many Employees does Wells Fargo have?

    Wells Fargo has 258,700 employees.

    How much money does Wells Fargo make?

    Wells Fargo generates $86.4B in revenue.

    What industry is Wells Fargo in?

    Wells Fargo is in the financial services industry.

    What is Wells Fargo's mission?

    Wells Fargo's mission statement is "We want to satisfy our customers' financial needs and help them succeed fi nancially."

    What type of company is Wells Fargo?

    Wells Fargo is a public company.

    Who are Wells Fargo's competitors?

    Wells Fargo competitors include Bank of America, U.S. Bank, JPMorgan Chase, Fifth Third Bank, KeyBank, Citizens Financial Group, Wachovia Securities Financial Holdings, Morgan Stanley, Citi, The PNC Financial Services Group, SunTrust Banks, Capital One, Regions Financial, M&T Bank, Goldman Sachs, BB&T, Bank Iowa, The Bank of New York Mellon, Discover Financial Services, AG Edwards & Sons.

    Who works at Wells Fargo?

    Beth Hummels (Human Resources Senior Leader)

    Linda Soldatos (SVP Marketing)

    Allen Parker (ceo)

    Are you an executive, HR leader, or brand manager at Wells Fargo?

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    You can find out what it is like to work at Wells Fargo, also known as WELLS FARGO AND CO, Wells Fargo, Wells Fargo & Company, Wells Fargo Bank and wells fargo/wachovia.

    Zippia gives an in-depth look into the details of Wells Fargo, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Wells Fargo. The employee data is based on information from people who have self-reported their past or current employments at Wells Fargo. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Wells Fargo and its employees or that of Zippia.