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.
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.
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.