Years of Experience
For those with one to four years of experience, median paychecks reach $56K per year. Survey participants who have worked at Wells Fargo & Co. for between five and 10 years earn about $75K annually on average. The largest slice of the Wells Fargo & Co. workforce (30 percent) has been working for 10-19 years and earns, on average, $94K per year.
Nearing the top of the pay scale are Risk Management Consultants, Financial Consultants, Analytics Consultants, and Private Bankers; while the first receives the highest median pay at $82K annually, the other salaries come in at approximately $78K, around $76K, and $71K, respectively. Wells Fargo & Co. hands out some of the smallest paychecks to Personal Bankers (around $36K on average).
When it comes to location, the highest average paycheck (about $102K per year) can be spotted in the company's headquarter city of San Francisco, Calif.; Phoenix, Ariz. ($93K), Charlotte, N.C. ($87K), and Minneapolis, Minn. (approximately $79K) are the next top-paying cities. Des Moines, Iowa is near the bottom for pay at about $63K. By state, the highest compensation levels appear in California, where the average salary is around $95K annually.
Certifications and Degrees
Project Management Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to $104K per year. On average, salaries rise to $102K annually for accredited Certified Six Sigma Green Belts. Those with a B.A. in Bachelor of Arts and Science (BASc) at Wells Fargo & Co. come out on top, and their salaries approach approximately $136K per year.
When it comes to skills, SQL seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $96K annually. Financial Analysis is a popular skill among Wells Fargo & Co. workers, with nearly one in seven of those surveyed reporting using it on the job. Other skills in demand are Microsoft Excel, Data Analysis, and Sales.
Benefits and Perks
Most employees report contributing to a 401(k). At Wells Fargo & Co., a large number of workers have health insurance, and a large number of survey participants have dental coverage. Wells Fargo & Co. folks also make good use of tuition reimbursement, a company cell phone, a casual working environment, life insurance, and a stock purchase plan.