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Wells-Fargo

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Old Mar 11, 2009 | 05:14 PM
  #11  
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Originally Posted by vader1,Mar 11 2009, 01:21 PM
I have a friend who works for them in IT and likes it. He is told that Well Fargo is one of the more sound big banks.

His group finished a very large IT project a few years ago and WF paid to send to whole department to a week at the Hilton Hawaiian Village. I doubt you can count on perks like that in this environment.

He also gets something like a half point of whatever the current rate is one mortgages as an employee.
I've got a friend who quit after 3 months there in IT (previous 6 years at his other employer). . . the conversation ended with something along the lines of, ". . . and without the common courtesy of a reacharound. . . "

YMMV. . .
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Old Mar 11, 2009 | 05:50 PM
  #12  
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GF just got hired there about 7 weeks ago.
only person hired out of 180 applicants so she said they hired her because she really showed herself off to them at the interview. she works as one of them people you call at the call center and i am surprised to hear she likes the job. people calling ALL the time about overdrafts, defaults etc etc so she has to help them, mad, sad, happy, etc etc etc.
its not for a job for me but i guess she wants to stay there
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Old Mar 11, 2009 | 08:59 PM
  #13  
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I worked there for a year as a teller. It was amazing under the first management I dealt with. Then when he got promoted, and they brought in new management it was out right horrible. Because the new manager brought in his own team, with a whole bunch of people who thought they were managers (when they were just bankers, who STEPPED DOWN from a management position), and I had had enough.

it's a typical sales job, which I hated. But it was a decent position that paid well for what it was. I still enjoy the services they offer to me, and I have no issues on the banking side of things. As an employee of the company, I had an amazing time under the right management, but once that had moved on it was hell.

Edit: For the record, if you're stuck under the wrong management, on their bad side. They will, and DO do anything they can to get you the **** out. On top of that, when you call HR about issues (from first hand experience), they tell you to basically suck it up and deal with the verbal abuse (they literally said maybe you should have a thicker skin). So I would never go back to them because if I find myself under the wrong management again, I'd probably shoot everyone above me.
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Old Mar 11, 2009 | 09:06 PM
  #14  
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They might not be as bad as many say, the best thing about large corporations is that usually there is a path of advancement career wise.

After a few years of good work there, you find more opportunities (global opportunities too) compared to working at some tiny company out woop woop.

Offtopic but related to the banking industry:
I was listening to a podcast about the financial sector crisis, the demand for mortgage based securities was so great that at one point banks were loaning money to dead people. Yep, dead people. (financial sector lobbyists wanted financial sector deregulation and this is what they did once they got it? lol)
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Old Mar 12, 2009 | 05:59 AM
  #15  
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Originally Posted by mattfeet,Mar 11 2009, 02:31 PM
Your thoughts on them as an employer? I just got a call for an interview in Knoxville which Im stoked about. However, I've heard some nay-sayers about the company and just wondered if anyone here had first-hand experience with them? This is likely for insurance-sales and not a bank teller/collections person. Thanks! Im trying to do as much homework on them as I can before my interview on the 25th!

-Matt
matt you should have posted in our local section.....Samantha now works for Wells Fargo in their new securities division (Wacovia buy out). Even though the merger has not offically started she has said she is happier with them then Wacovia.

As for the insurance sales.....dont do it. I did it for 2 years before I took my position at Whirlpool Corp. The experience was good and it was nice that someone paid me to get my P&C license but other then that it was the worst job ive ever had. Endless amounts of paper work and sleezy insurance sales calls. Just my experience. If you decide to go for it good luck. Any job now adays is a good one.
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Old Mar 12, 2009 | 07:24 AM
  #16  
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No complaints on WF, a very conservative bank by todays standards and with the acquisition of Wachovia Investments they will be even stronger.
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Old Mar 12, 2009 | 09:12 AM
  #17  
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Thanks a lot for the replies everyone, I do appreciate it.

-Matt
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