The highest average salaries go to Risk Management Consultants, who bring in close to around $90K per year, though Analytics Consultants are not far behind at $82K along with Financial Consultants (approximately $74K) and Private Bankers ($66K). Among the lower-paid positions at Wells Fargo & Co. are Personal Bankers — the median salary for this role approaches about $33K.
Years of Experience
Average pay is $75K annually for those with five to nine years of experience. Those with one to four years of experience at the company can expect to make $56K per year on average. The largest slice of the Wells Fargo & Co. workforce (32 percent) has been working for 10-19 years and earns, on average, around $92K annually.
When it comes to location, the highest average paycheck (about $104K per year) can be spotted in the company's headquarter city of San Francisco, Calif.; Phoenix, Ariz. ($90K), Los Angeles, Calif. (approximately $81K), and Charlotte, N.C. ($79K) are the next top-paying cities. High paychecks are not found in Des Moines, Iowa; in fact, at around $59K it is one of the worst-paid cities. By state, California offers the highest pay at $99K annually.
Certifications and Degrees
Being a Project Management Professional certainly has its perks — salaries approach about $99K per year and far exceed the paychecks of those without certification. On average, salaries rise to $87K annually for accredited Certified Public Accountants. Wells Fargo & Co. provides the highest financial reward to those with a B.A. in Business Economics — these employees rake in $342K per year.
When it comes to skills, employees who report Project Management among their abilities seem to make the most, reporting a median income of approximately $93K annually. One of the more prevalent skills at Wells Fargo & Co. is Financial Analysis, with nearly one in seven considering it a key competency. Employees also tend to know Microsoft Excel, Customer Service, and Sales.
Benefits and Perks
The vast majority of employees save up for retirement through a 401(k) plan. Perks cover health insurance for a large number of employees and dental coverage for most survey participants. Wells Fargo & Co. employees also enjoy perks such as tuition reimbursement, a company cell phone, life insurance, a casual working environment, and a stock purchase plan.