Bringing in the most money are Risk Management Consultants — their earnings average about $96K annually. Business Systems Consultants are a close second at approximately $88K along with Analytics Consultants ($75K) and Private Bankers ($70K). Personal Bankers make an average $37K, close to the bottom of the company pay scale.
Years of Experience
Those with one to four years of experience at the company can expect to make around $56K per year on average. Survey participants who have worked at Wells Fargo & Co. for between five and 10 years earn $73K annually on average. The greater proportion of employees (31 percent) report 10-19 years of experience and bring home median pay of around $93K per year.
When it comes to location, the highest average paycheck (about $99K annually) can be spotted in the company's headquarter city of San Francisco, Calif.; Phoenix, Ariz. (approximately $88K), Charlotte, N.C. ($85K), and West Des Moines, Iowa ($78K) are the next top-paying cities. On the lower end is Des Moines, Iowa at around $65K. Within the company, workers earn the highest salaries (an average of approximately $91K per year) in California.
Certifications and Degrees
Project Management Professionals receive bigger paychecks (about $107K annually) than those without credentials. Bigger paychecks are awarded to Uniform Combined State Law Holders with credentials; these people earn $71K per year on average. The highest-paying degree here is a B.A. in Bachelor of Arts and Science (BASc); Wells Fargo & Co. awards $136K to these degree-holders.
The highest-paying skill in this position seems to be Project Management; individuals who report it as part of the repertoire have a median income of $91K annually. Financial Analysis is a popular skill in the Wells Fargo & Co. workforce; approximately one in seven of those surveyed report putting it to use in their jobs. Employees also tend to round out their skills sets with Microsoft Excel, Data Analysis, and Sales.
Benefits and Perks
For employees looking to save up for their golden years, Wells Fargo & Co. provides an optional 401(k) plan, and most workers participate. Wells Fargo & Co. provides health insurance to most respondents, and most survey participants do receive dental coverage. Some other advantages of working at Wells Fargo & Co. are tuition reimbursement, a casual working environment, a subsidized cell phone, life insurance, and a stock purchase plan.