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Average Salary for Wells Fargo & Co. Employees

Operating out of San Francisco, Calif., national commercial banks sector company Wells Fargo & Co. employs talent in positions ranging from Personal Banker to Financial Analyst. A typical Wells Fargo & Co. employee can expect to make $59K per year. For the most part, employee paychecks at Wells Fargo & Co. fluctuate depending on what you do at the company; geography and your experience level also matter, but to a lesser degree. The data for this overview comes from answers to PayScale's salary questionnaire.

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$33K$66K$99K
[-]Personal Banker (44)
$29,047 - $42,577  
   
[-]Personal Banker (44)
Salary$30,201 - $44,698  
   
Bonus$0.00 - $3,523  
Commission$516 - $10,124  
Total Pay$29,047 - $42,577  
[+]Teller (26)
$18,986 - $28,783  
   
[+]Teller (26)
Bonus$0.00 - $5,918  
   
Commission$294.37 - $3,623  
Total Pay$18,986 - $28,783  
[+]Financial Analyst (18)
$50,997 - $97,136  
   
[+]Financial Analyst (18)
Salary$56,765 - $83,223  
   
Bonus$1,021 - $16,638  
Profit Disbursement$430.39 - $4,075  
Total Pay$50,997 - $97,136  
[+]Customer Service Representative (CSR) (17)
$22,813 - $38,867  
   
[+]Customer Service Representative (CSR) (17)
Salary$24,231 - $49,113  
   
Bonus$212.40 - $6,173  
Total Pay$22,813 - $38,867  
 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: 20 Nov 2014 | Individuals Reporting: 722
United States (change)

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

Analytics Consultants represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $92K — though Risk Management Consultants, Financial Consultants, and Financial Analysts also do fairly well at around $71K, $67K, and about $63K, respectively. Personal Bankers make $35K, close to the bottom of the company pay scale.

Locations

When it comes to location, the highest average paycheck (approximately $98K annually) can be spotted in the company's headquarter city of San Francisco; Los Angeles ($82K), Minneapolis (about $75K), and Charlotte ($72K) are the next top-paying cities. Des Moines is near the bottom for pay at approximately $58K. U.S. pay levels are highest in the state of California; salaries there average to around $90K per year.

Years of Experience

Between the one and five year mark, pay is typically $53K. Five to nine years of work experience seem to result in median wages of about $70K. Overall, the greater share of Wells Fargo & Co. folks have 10-19 years of experience and earn approximately $77K annually.

Certifications and Degrees

Project Management Professionals receive bigger paychecks ($95K) than those without credentials. Becoming a Certified Public Accountant can certainly pay off here; those folks make $83K. Regarding salaries and education, Wells Fargo & Co. pays those with a Master of Business Administration (MBA), Accounting & Finance the most — $99K.

Skills

Employees who count Project Management among their skills tend to enjoy higher pay; the median for this group is around $87K. Financial Analysis also popped up often in the survey as an important skill; just under a fifth of employees surveyed report using it at work. Customer Service, Microsoft Excel, and Microsoft Office are also desirable skills.

Benefits and Perks

The benefits packages at Wells Fargo & Co. can sometimes lack paid time off; 35 percent get paid vacation days, and one in six workers receive paid sick leave. For employees looking to save up for their golden years, Wells Fargo & Co. provides an optional 401(k) plan, and the vast majority of workers participate. Perks cover health insurance for the greater part of workers and dental coverage for a solid majority of workers. Additional benefits of working here are tuition reimbursement, life insurance, a casual working environment, and a subsidized cell phone.

Key Stats for Wells Fargo & Co.

Gender

Female
48 %
Male
52 %
Salary
$34,501 - $74,151
Salary
$37,120 - $100,173
Less than 1 year
6%
1-4 years
33%
5-9 years
25%
10-19 years
26%
20 years or more
9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 199 votes.

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