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Good until they want to improve their stock market value

Senior Engineer
Current Employee
Has worked at Wells Fargo for less than 1 year
June 6, 2022
3.0
RecommendsNeutral OutlookNo CEO Opinion
Pros

Offer many training courses to improve your skillset.

Healthcare plans are priced slightly better than other large companies.

Teammates usually work well together.

Add money to your 401(k) with a matching program.

Cons

You are their most valued asset, unless their stock market price drops. Then they don't need you anymore.

Average annual raises are really small (like 1%).

Higher-up managers are not as competent as lower-level managers and employees.

Good reminder that companies are not people or family. Your family doesn't kick you (and possibly entire departments) out when the stock market shifts.

Lots of claims about being pro-mental health, pro-diversity, pro-this, pro-that. But see note about firing employees without warning when market share drops.

Enjoy and learn what you can while you're there, but be prepared to be let go without any notice and not for anything you have done.

Additional Ratings

Work/Life Balance
4.0
Culture and Values
3.0
Diversity, Equity, and Inclusion
3.0
Career Opportunities
3.0
Compensation and Benefits
3.0
Senior Management
2.0

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Wells Fargo Interview Experiences