Wells Fargo and Company Salaries

4 total salary submissions
Avg. Hours Worked (94%)

The average hours worked chart shows the distribution of average hours worked per week generated based on the Compensation data at this company.

The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each workload given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

58.8
  • 10-20 Hrs
  • 20-30 Hrs
  • 30-40 Hrs
  • 40-50 Hrs
  • 50-60 Hrs
  • 60-70 Hrs
  • 70-80 Hrs
  • 80-90 Hrs
  • Over 90 Hrs
Relative Compensation (96%)

The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.4
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average Wells Fargo and Company Salary

3.5
Total Median Pay
$56,000
Median Base Pay
$50,000
Median Bonus Pay
$6,000

How much does Wells Fargo and Company pay?

Base range:
$37,000 - $65,000

For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. These ranges are from employer specific salaries submitted by WSO members.

Bonus range:
$3,000 - $9,000

Wells Fargo and Company pays an average salary of $50,000 per year. This base compensation is the equivalent of $25 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at Wells Fargo and Company based on our data is actually 59 hours, which would bring down the true effective hourly rate to $18 on average. If you include the average bonus of $6,000, then the total average pay at Wells Fargo and Company would be $56,000 per year or $20 per hour at the 59 hour work week.

There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. This is largely dependent on seniority and location. Wells Fargo and Company pays the highest-paid employees over $170,000 a year, while the lowest-paid employees are paid less than $70,000. Wells Fargo and Company employees in different groups or divisions tend to have different salaries as well.For example, employees in the Structured Products sector earn an average yearly salary of $197,500.While employees in the Other sector earn an average yearly salary of $30,000. Additionally, geographic location can impact the compensation for employees at Wells Fargo and Company as well. Based on the WSO data, Wells Fargo and Company employees in New York and Houston get paid the most.

Wells Fargo and Company Salaries

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Highest Paying Jobs at Wells Fargo and Company

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Vice President
Year 2012
Job Title Vice President
Group/Division Generalist
Location San Francisco
Pay Rate/Type
Bonus
Director
Year 2018
Job Title Director
Group/Division Investment Banking
Location Charlotte
Pay Rate/Type
Bonus
Vice President
Year 2014
Job Title Vice President
Group/Division Derivatives
Location Los Angeles
Pay Rate/Type
Bonus
Senior Vice President
Year 2017
Job Title Senior Vice President
Group/Division Investment Banking
Location Charlotte
Pay Rate/Type
Bonus
Vice President
Year 2015
Job Title Vice President
Group/Division Investment Banking
Location Charlotte
Pay Rate/Type
Bonus
Director
Year 2016
Job Title Director
Group/Division Leveraged Finance
Location Houston
Pay Rate/Type
Bonus
Director
Year 2014
Job Title Director
Group/Division FICC - Fixed Income Currency and Commodities
Location San Francisco
Pay Rate/Type
Bonus
1st Year Associate
Year 2013
Job Title 1st Year Associate
Group/Division RMBS Trading
Location Charlotte
Pay Rate/Type
Bonus
Director
Year 2014
Job Title Director
Group/Division Quantitative Research
Location New York
Pay Rate/Type
Bonus
Vice President
Year 2015
Job Title Vice President
Group/Division Mergers and Acquisitions
Location Charlotte
Pay Rate/Type
Bonus

Average Pay by City for Wells Fargo and Company

Below we use 4 salary submissions to order the is the total average compensation by city for Wells Fargo and Company. Cost of living across the world varies a lot, so this data gives you a sense if there are significant adjustments for higher cost of living. Looking at the WSO data, the city with the highest average salary is New York, where employees earn an average salary of $135,000.

Salaries by Location at Wells Fargo and Company

Rank
City
Total pay Range
Range of $/hr
New York
Rank 1
City New York
Total pay Range $85,000 - $175,000
Range of $/hr $43/hr - $88/hr
Houston
Rank 2
City Houston
Total pay Range $70,000 - $170,000
Range of $/hr $35/hr - $85/hr
Charlotte
Rank 3
City Charlotte
Total pay Range $70,000 - $142,500
Range of $/hr $35/hr - $71/hr
San Francisco
Rank 4
City San Francisco
Total pay Range $71,000 - $141,000
Range of $/hr $36/hr - $71/hr
Chicago
Rank 5
City Chicago
Total pay Range $67,200 - $115,000
Range of $/hr $34/hr - $58/hr
Boston
Rank 6
City Boston
Total pay Range $70,000 - $115,000
Range of $/hr $35/hr - $58/hr
Los Angeles
Rank 7
City Los Angeles
Total pay Range $65,000 - $106,500
Range of $/hr $33/hr - $53/hr
Dallas
Rank 8
City Dallas
Total pay Range $66,000 - $99,000
Range of $/hr $33/hr - $50/hr
Philadelphia
Rank 9
City Philadelphia
Total pay Range $60,000 - $89,000
Range of $/hr $30/hr - $45/hr
Atlanta
Rank 10
City Atlanta
Total pay Range $60,000 - $85,000
Range of $/hr $30/hr - $43/hr

Wells Fargo and Company Salaries by Department

Salaries at Wells Fargo and Company depend on the group, division, department or function. Employees who work in the Structured Products group tend to get paid the most at at Wells Fargo and Company, earning an average yearly salary of $197,500. Employees in the Ficc Fixed Income Currency And Commodities receive relatively high salaries as well, where wages average $175,000 per year. A division that does not pay as well at Wells Fargo and Company includes the Other group, with employees earning $30,000 on average.

Rank
Department
Average Pay
Average Hourly Pay
Structured Products
Rank 1
Department Structured Products
Average Pay $197,500
Average Hourly Pay $99/hr
Ficc Fixed Income Currency And Commodities
Rank 2
Department Ficc Fixed Income Currency And Commodities
Average Pay $175,000
Average Hourly Pay $88/hr
Oil & Gas
Rank 3
Department Oil & Gas
Average Pay $170,000
Average Hourly Pay $85/hr
Industrials
Rank 4
Department Industrials
Average Pay $162,000
Average Hourly Pay $81/hr
Risk Management
Rank 5
Department Risk Management
Average Pay $158,000
Average Hourly Pay $79/hr
Strategy
Rank 6
Department Strategy
Average Pay $145,750
Average Hourly Pay $73/hr
Equity Research
Rank 7
Department Equity Research
Average Pay $143,000
Average Hourly Pay $72/hr
Investment Banking
Rank 8
Department Investment Banking
Average Pay $143,000
Average Hourly Pay $72/hr
Equity Capital Markets
Rank 9
Department Equity Capital Markets
Average Pay $140,000
Average Hourly Pay $70/hr
Sales And Trading
Rank 10
Department Sales And Trading
Average Pay $137,500
Average Hourly Pay $69/hr

Recently Added Wells Fargo and Company Salaries

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
1st Year Analyst
Year 2024
Job Title 1st Year Analyst
Group/Division Private Wealth Management
Location Charlotte
Pay Rate/Type
Bonus
1st Year Analyst
Year 2023
Job Title 1st Year Analyst
Group/Division Real Estate
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2024
Job Title 1st Year Analyst
Group/Division Financial Sponsors
Location New York
Pay Rate/Type
Bonus
Intern
Year 2024
Job Title Intern
Group/Division Generalist
Location Charlotte
Pay Rate/Type
Bonus
1st Year Associate
Year 2023
Job Title 1st Year Associate
Group/Division Investment Banking
Location New York
Pay Rate/Type
Bonus