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Nice benefits... out of touch seniors/executives

Senior Data Engineer
Current Employee
Has worked at Wells Fargo for 20 years
February 9, 2022
West Des Moines, Iowa
3.0
Pros

Great PTO. There are good people who work here. Good 401k match.

Cons

Senior management is not very in tune with the workforce.

Advice to Management

Go back to quarterly 401k matching intervals, reinstate profit sharing, and increase annual merit increases.

Average merit increase has stayed the same that it was in 2008, which is when they lowered it because of tough financial times. WF has shown to make record-breaking quarterly earnings several consecutive quarters, with no increase/reinstatement of benefits and compensation they had reduced.

Additional Ratings

Work/Life Balance
5.0
Culture and Values
3.0
Diversity, Equity, and Inclusion
3.0
Career Opportunities
5.0
Compensation and Benefits
4.0
Senior Management
1.0

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