Risk Management Consultants earn the highest median pay at about $92K annually, followed by Business Systems Consultants (approximately $84K), Analytics Consultants ($76K), and Private Bankers ($71K). Personal Bankers make an average around $37K, close to the bottom of the company pay scale.
Years of Experience
Those who have five to nine years of work experience see average salaries of $73K per year. Workers who have been with the company for more than one year but less than five can make $56K annually on average. Broken down by tenure, the largest share of Wells Fargo & Co. employees (31 percent) have 10-19 years of experience and earn $97K per year on average.
When it comes to location, the highest average paycheck (around $103K annually) can be spotted in the company's headquarter city of San Francisco, Calif.; Phoenix, Ariz. (about $91K), Charlotte, N.C. ($86K), and Minneapolis, Minn. (approximately $77K) are the next top-paying cities. On the lower end is St. Louis, Mo. at $66K. By state, Wells Fargo & Co. pays its California employees the most; the pay rate there is about $94K per year.
Certifications and Degrees
Project Management Professionals receive bigger paychecks ($107K annually) than those without credentials. Earning a Certified Public Accountant certification garners significant financial rewards of approximately $92K per year on average. Wells Fargo & Co. workers who hold a B.A. in Bachelor of Arts and Science (BASc) are also well compensated, earning $136K on average.
When it comes to skills, employees who report Project Management among their abilities seem to make the most, reporting a median income of around $91K annually. It's pretty common to find people here who know Financial Analysis; close to one-seventh consider it a key competency. Three more common skills are Microsoft Excel, Data Analysis, and Sales.
Benefits and Perks
Wells Fargo & Co. sponsors a 401(k) program, and most workers use this option to save for their retirement. A large number of survey participants report having health insurance, and a large number of workers report having 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.