Vantaggi
Management is very smart and focused. Wells Fargo was able to avoid the majority of the subprime mess that is affecting a lot of banks right now due to its management. The company has laid off very few people thus far (nothing close to the likes of Citibank or Wachovia) and the majority of these people that lost their jobs were able to be placed into new positions within the company if they so choosed. The company has great benefits like the 401k plan with a company match of $1 for $1 up to 6%, discounted medical, dental, and vision plans, and 25 days of paid time off. The company also is employee friendly allowing team members to volunteer during work hours, work a flexible schedule, and train as often as you like.
Svantaggi
The salaries offered through Wells Fargo are often on the lower end of the payscale compared to similar positions at different companies. Part of the reason could be the lower cost of living in the midwest (Iowa), which is where I work, but the positions' salaries still seem lower compared to other midwestern cities. Annual raises are also low compared to similar positions at other companies. Also, most positions do not include a bonus or profit sharing plan. The company also can have too many corporate levels within a department, meaning too many middle managers between the top executives and the entry level positions.