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Average Salary for Wells Fargo & Co. Employees

Based in San Francisco, Calif.,national commercial banks player Wells Fargo & Co. offers many employment opportunities, including Financial Analyst and Personal Banker positions. The average employee at Wells Fargo & Co. takes home $61K annually. Your job title plays the largest role in compensation at Wells Fargo & Co., but where you live and how long you've been working affect income (to a lesser degree) as well. The data for this overview comes from answers to PayScale's salary questionnaire.

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How This Employer Pays

Wells Fargo & Co. typically pays:
at market
 
Similar employers pay:
at market
 
Similar companies include:
Urban Lending Solutions, Citibank, Chase Bank
Employer: Wells Fargo & Co.
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Personal Banker (39)
$29,701 - $41,000  
   
[-]Personal Banker (39)
Salary$30,100 - $40,186  
   
Bonus$-0.50 - $5,872  
Commission$637 - $10,482  
Total Pay$29,701 - $41,000  
[+]Teller (23)
$19,674 - $29,006  
   
[+]Teller (23)
Bonus$87.21 - $2,679  
   
Commission$257.88 - $3,308  
Total Pay$19,674 - $29,006  
[+]Financial Analyst (20)
$49,670 - $99,860  
   
[+]Financial Analyst (20)
Salary$57,369 - $86,577  
   
Bonus$1,030 - $19,392  
Profit Disbursement$372.29 - $4,372  
Total Pay$49,670 - $99,860  
[+]Risk Management Consultant (14)
$49,429 - $136,743  
   
[+]Risk Management Consultant (14)
Salary$48,224 - $120,553  
   
Bonus$-0.50 - $18,389  
Profit Disbursement$880 - $10,101  
Total Pay$49,429 - $136,743  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 29 Mar 2015 | Individuals Reporting: 697

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About This Company

San Francisco, California 94710

1852

National Commercial Banks, Investment banking, Financial Services

276,000

Wells Fargo, Wells Fargo & Co, Wellsfargo


Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

Earning about $84K per year on average, Analytics Consultants receive the most money, followed by Business Consultants ($75K), Financial Consultants ($72K), and Risk Management Consultants (approximately $71K). Among the lower-paid positions at Wells Fargo & Co. are Personal Bankers — the median salary for this role approaches around $34K.

Locations

When it comes to location, the highest average paycheck ($101K annually) can be spotted in the company's headquarter city of San Francisco, Calif.; Charlotte, N.C. (around $75K), Minneapolis, Minn. ($73K), and Phoenix, Ariz. ($72K) are the next top-paying cities. Expected earnings are below average (approximately $51K) in Raleigh, N.C., one of the lowest-paid cities. U.S. pay levels are highest in the state of California; salaries there average to about $93K per year.

Years of Experience

For those with one to four years of experience, median paychecks reach $55K annually. Average pay is about $71K per year for those with five to nine years of experience. Broken down by tenure, the largest share of Wells Fargo & Co. employees (33 percent) have 10-19 years of experience and earn around $80K annually on average.

Certifications and Degrees

Project Management Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to approximately $102K per year. Acquiring certification to be a Certified Public Accountant is rewarded with median pay of $84K annually. The highest-paying degree here is a B.A. in Business Administration; Wells Fargo & Co. awards $99K to these degree-holders.

Skills

When it comes to skills, Project Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $86K per year. Financial Analysis is a popular skill among Wells Fargo & Co. workers, with roughly a sixth of those surveyed reporting using it on the job. Key skills also include Microsoft Excel, Customer Service, and Microsoft Office.

Benefits and Perks

Paid time off is in short supply here, with only 35 percent receiving paid vacation and one in seven survey participants receiving paid sick days. The vast majority of survey participants save up for retirement through a 401(k) plan. Wells Fargo & Co. provides health insurance to most survey participants, and most employees do receive dental coverage. Wells Fargo & Co. folks also make good use of life insurance, tuition reimbursement, a casual working environment, and a company cell phone.

Key Stats for Wells Fargo & Co.

Gender

Female
48 %
Male
52 %
Salary
$34,960 - $73,886
Salary
$40,526 - $102,723
Less than 1 year
4%
1-4 years
34%
5-9 years
23%
10-19 years
29%
20 years or more
10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 173 votes.
United States (change)

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