The highest average salaries go to Risk Management Consultants, who bring in close to around $95K per year, though Business Systems Consultants are not far behind at $91K along with Analytics Consultants ($76K) and Compliance Officers (approximately $75K). Personal Bankers at Wells Fargo & Co. do not see much in the way of financial compensation and represent one of the lower-paid positions ($37K on average) at the company.
Years of Experience
Those with one to four years of experience at the company can expect to make about $57K annually on average. Those who have five to nine years of work experience see average salaries of $73K per year. Overall, the greater share of Wells Fargo & Co. folks have 10-19 years of experience and earn an average approximately $94K annually.
When it comes to location, the highest average paycheck (about $114K per year) can be spotted in Los Angeles, Calif.; the company's headquarter city of San Francisco, Calif. ($98K), Phoenix, Ariz. ($85K), and Charlotte, N.C. (around $85K) are the next top-paying cities. St. Louis, Mo. is one of the lowest-paid cities, with earnings averaging $64K. Wells Fargo & Co. workers in California earn the most — around $92K annually on average.
Certifications and Degrees
Being a Project Management Professional certainly has its perks — salaries approach $106K per year and far exceed the paychecks of those without certification. Uniform Combined State Law Holders also rank high on the pay scale, with expected average earnings of $71K annually. Those with a B.A. in Bachelor of Arts and Science (BASc) at Wells Fargo & Co. come out on top, and their salaries approach approximately $136K per year.
When it comes to skills, Project Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $92K annually. A common skill in Wells Fargo & Co.'s work force is Financial Analysis; around one in six of survey participants report using it on the job. Employees also tend to know Microsoft Excel, Data Analysis, and Sales.
Benefits and Perks
Most survey participants participate in the company's 401(k) retirement savings plan. Most employees can count on health insurance, and a large number of survey participants have dental coverage as a benefit. Some other advantages of working at Wells Fargo & Co. are a casual working environment, tuition reimbursement, a company cell phone, life insurance, and a stock purchase plan.