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Average Salary for Wells Fargo & Co. Employees

Headquartered in San Francisco, California, Wells Fargo & Co. offers a range of employment opportunities in the national commercial banks industry, from Personal Banker to Financial Analyst. Compensation for Wells Fargo & Co. employees tends to be around $58K per year. Though your city and your experience level do impact pay, your job title is the primary influence on employee salary at Wells Fargo & Co. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

How This Employer Pays

Wells Fargo & Co. typically pays:
1%
above market

Similar employers pay:
1%
above market
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 - $45,795  
   
[-]Personal Banker (44)
Salary$30,304 - $44,544  
   
Bonus$-0.50 - $5,960  
Commission$701 - $14,727  
Total Pay$29,047 - $45,795  
[+]Teller (26)
$19,306 - $28,783  
   
[+]Teller (26)
Bonus$0.00 - $5,872  
   
Commission$291.76 - $4,014  
Total Pay$19,306 - $28,783  
[+]Bank Teller (18)
$20,167 - $28,282  
   
[+]Bank Teller (18)
Salary$19,045 - $39,455  
   
Bonus$0.83 - $653  
Total Pay$20,167 - $28,282  
[+]Financial Analyst (16)
$53,829 - $97,830  
   
[+]Financial Analyst (16)
Salary$53,327 - $83,590  
   
Bonus$1,007 - $16,886  
Profit Disbursement$394.77 - $4,016  
Total Pay$53,829 - $97,830  
 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: 6 Nov 2014 | Individuals Reporting: 700
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Wells Fargo & Co. Details

Address:

San Francisco, California 94710

Year Established:

1852

Industries:

National Commercial Banks, Investment banking, Financial Services

Number of Employees:

276,000

Also Known As:

Wells Fargo, Wells Fargo & Co, Wellsfargo
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Source: Freebase, licensed under CC-BY

Jobs

Analytics Consultants rake in the most money, with average earnings of around $92K; Business Consultants come in second with typical earnings amounting to $75K, while Risk Management Consultants and Financial Analysts rank near the top as well ($71K and $62K, respectively). Near the bottom at Wells Fargo & Co. are Personal Bankers, pulling in just approximately $35K.

Locations

When it comes to location, the highest average paycheck (about $99K annually) can be spotted in the company's headquarter city of San Francisco; Los Angeles (around $82K), Minneapolis ($75K), and Charlotte (about $71K) are the next top-paying cities. Approaching the lower end of the pay scale (at $58K) is Des Moines. Across its U.S. offices, the state of California pays Wells Fargo & Co. the most — approximately $90K per year on average.

Years of Experience

Workers who have been with the company for more than one year but less than five can typically make $53K. Survey participants who have worked at Wells Fargo & Co. for between five and ten years haul in about $70K on average. Overall, the greater share of Wells Fargo & Co. folks have 10-19 years of experience and earn $78K annually.

Certifications and Degrees

Project Management Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to approximately $95K. Acquiring certification to be a Certified Public Accountant is rewarded at $83K per year. At Wells Fargo & Co., employees who hold a Master of Business Administration (MBA), Accounting & Finance receive the highest salaries at $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 is a popular skill among Wells Fargo & Co. workers, with just under one in five of those surveyed reporting using it on the job. Many workers usually know Customer Service, Microsoft Excel, and Microsoft Office as well.

Benefits and Perks

Paid time off is hard to come by at Wells Fargo & Co.; the company rewards only 36 percent with paid vacation time and only one in six workers with sick leave. Almost all employees take advantage of the 401(k) plan that Wells Fargo & Co. sponsors. Health insurance comes as part of the deal for the greater part of workers, and a solid majority of workers report receiving dental coverage as well. Wells Fargo & Co. also dishes out privileges such as tuition reimbursement, life insurance, a casual working environment, and a subsidized cell phone.

Wells Fargo & Co. Job Listings

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Work Stress (?)

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Job Flexibility (?)
Highly flexible
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Extremely flexible
Typical Benefits
Vacation Weeks
3.3 Weeks
3.3 Weeks
3.8 Weeks
Gender Breakdown
47%
52%
52%
47%
50%
49%
Years of Experience
 
1-4
5-9
10-19
 
 
1-4
5-9
10-19
 
 
1-4
5-9
10-19
 
Popular Perks
401(k), Paid Holidays / Vacation, Education/Training/Tuition/Certification Reimbursement
401(k), Paid Holidays / Vacation, Life Insurance/Disability
401(k), Paid Holidays / Vacation, Life Insurance/Disability

Key Stats

Gender

Female

48 %

female alumni

Male

52 %

male alumni
Salary
$34,481 - $74,280
Salary
$37,120 - $100,280

Years of Experience

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 202 votes.

Top Degrees

Company Locations for Wells Fargo & Co.

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