Business Consultants earn the highest median pay at about $83K annually, followed by Analytics Consultants ($82K), Risk Management Consultants (around $81K), and Financial Consultants ($75K). With salaries averaging approximately $35K, Personal Bankers are among the lowest paid at Wells Fargo & Co.
When it comes to location, the highest average paycheck ($102K per year) can be spotted in the company's headquarter city of San Francisco, Calif.; Phoenix, Ariz. (about $91K), Charlotte, N.C. ($76K), and Minneapolis, Minn. (around $72K) are the next top-paying cities. Expected earnings are below average ($58K) in Des Moines, Iowa, one of the lowest-paid cities. Wells Fargo & Co. workers in California earn the most — $95K annually on average.
Years of Experience
Those who have five to nine years of work experience see average salaries of approximately $74K per year. Workers who have been with the company for more than one year but less than five can make about $55K annually on average. Broken down by tenure, the largest share of Wells Fargo & Co. employees (34 percent) have 10-19 years of experience and earn $82K per year on average.
Certifications and Degrees
Monetary compensation comes to around $102K annually for Project Management Professionals, far surpassing the earnings of non-credentialed workers. Acquiring certification to be a Certified Public Accountant is rewarded with median pay of approximately $79K per year. Regarding salaries and education, Wells Fargo & Co. pays those with a B.A. in Business Administration the most — $99K.
In this role, the best-paying skill appears to be Project Management; individuals who claim it among their capabilities enjoy a higher median salary of $88K annually. It's pretty common to find people here who know Financial Analysis; about one in seven consider it a key competency. Three more common skills are Microsoft Excel, Customer Service, and Microsoft Office.
Benefits and Perks
One in three respondents have paid vacation, and only about one in eight survey participants can take paid time off for illness. Nearly all workers take advantage of the 401(k) plan that Wells Fargo & Co. sponsors. Most workers report having health insurance, and most respondents report having dental coverage. Wells Fargo & Co. also dishes out privileges such as tuition reimbursement, life insurance, a casual working environment, and a subsidized cell phone.