Earning $83K per year on average, Business Consultants receive the most money, followed by Analytics Consultants ($82K), Risk Management Consultants (around $81K), and Financial Consultants (about $75K). Wells Fargo & Co. hands out some of the smallest paychecks to Personal Bankers (approximately $35K on average).
When it comes to location, the highest average paycheck ($102K annually) can be spotted in the company's headquarter city of San Francisco, Calif.; Phoenix, Ariz. (around $91K), Charlotte, N.C. (approximately $76K), and Minneapolis, Minn. ($72K) are the next top-paying cities. Des Moines, Iowa ranks low on the pay scale — at $58K, it is one of the lowest-paid cities. By state, California offers the highest pay at about $95K per year.
Years of Experience
Those with one to four years of experience at the company can expect to make $55K annually on average. Average pay is about $74K per year for those with five to nine years of experience. The largest slice of the Wells Fargo & Co. workforce (34 percent) has been working for 10-19 years and earns, on average, $82K annually.
Certifications and Degrees
Project Management Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to $102K per year. Earning a Certified Public Accountant certification garners significant financial rewards of approximately $79K annually on average. Wells Fargo & Co. workers who hold a B.A. in Business Administration are also well compensated, earning $99K on average.
When it comes to skills, Project Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of around $88K per year. A skill that is commonly seen around here is Financial Analysis; close to a seventh deem it necessary for work. Three more common skills are Microsoft Excel, Customer Service, and Microsoft Office.
Benefits and Perks
As part of compensation, Wells Fargo & Co. gives paid vacation to one in three respondents and paid sick leave to an eighth of workers. Nearly all respondents save up for retirement through a 401(k) plan. For most employees, benefits include health insurance, and a large number of workers get dental coverage, too. The list of perks also includes tuition reimbursement, life insurance, a casual working environment, and a company cell phone.