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Wells Fargo salary estimate

$41,599yearly

$20.00 hourly rate

Entry-level salary
$22,000 yearly salary
Updated April 25, 2024

How much does Wells Fargo pay?

The average Wells Fargo salary in the United States is $41,599 per year. Wells Fargo salaries range between $22,000 a year in the bottom 10th percentile to $77,000 in the top 90th percentile. Wells Fargo pays $20.0 an hour on average. Geographic location also impacts Wells Fargo salaries. Wells Fargo employees in New York, NY get paid the most.

Highest paying jobs at Wells Fargo

The highest paying jobs at Wells Fargo are applications & systems engineer, senior java developer, senior software engineer, and business systems consultant. Applications & systems engineer jobs at Wells Fargo earn an average yearly salary of $114,854, Wells Fargo senior java developer jobs average $105,451, and Wells Fargo senior software engineer jobs average $105,352.

The lowest paying Wells Fargo roles include phone banker and cashier. Wells Fargo phone banker average salary is $32,478 per year. So while the average Wells Fargo salary is $41,599 there is a big variation in pay depending on the role.

Highest paying jobs at Wells Fargo

RankJob TitleAverage Wells Fargo SalaryHourly Rate
1Applications & Systems Engineer$114,854$55.22
2Senior Java Developer$105,451$50.70
3Senior Software Engineer$105,352$50.65
4Business Systems Consultant$87,533$42.08
5Credit Manager$81,311$39.09
6Team Leader$73,345$35.26
7Business Analyst$71,963$34.60
8Loan Servicing Specialist$60,045$28.87
9Quality Assurance Analyst$57,318$27.56
10Finance Advisor$55,875$26.86
11Service Manager$55,699$26.78
12Mortgage Underwriter$54,763$26.33
13Personal Banking Officer$48,070$23.11
14Accounting Clerk$41,108$19.76
15Client Associate$40,728$19.58
16Loan Documentation Specialist$38,630$18.57
17Personal Banker$37,262$17.91
18Administrative Assistant$37,005$17.79
19Process Operator$36,940$17.76
20Customer Sales Representative$36,201$17.40

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Average Wells Fargo salary by state

Wells Fargo pays the highest salaries in New York due to higher costs of living and competition in the state.

RankStateAverage Wells Fargo SalaryHourly Rate
1New York$50,525$24.29
2New Jersey$47,746$22.95
3Maryland$45,422$21.84
4Delaware$44,475$21.38
5California$44,070$21.19
6North Carolina$43,791$21.05
7Virginia$43,256$20.80
8Washington$42,912$20.63
9Pennsylvania$42,739$20.55
10Minnesota$42,582$20.47
11Illinois$41,751$20.07
12Colorado$41,615$20.01
13Oregon$40,986$19.70
14Georgia$40,683$19.56
15Texas$40,517$19.48
16South Carolina$40,305$19.38
17Arizona$39,449$18.97
18Missouri$38,943$18.72
19New Mexico$38,733$18.62
20South Dakota$38,584$18.55

How much does Wells Fargo pay by location?

The average Wells Fargo salary varies by location. Wells Fargo salaries are the highest in New York, NY, at $50,506 per year. Wells Fargo pays the second highest average salary in Summit, NJ, at $47,692 per year. It's important to factor in the cost of living when negotiating a salary or choosing a place to work.

Highest Paying Wells Fargo Locations

RankLocationAverage Wells Fargo SalaryHourly Rate
1New York, NY$50,506$24.28
2Summit, NJ$47,692$22.93
3Danbury, CT$47,388$22.78
4Boston, MA$46,456$22.33
5Columbia, MD$45,282$21.77
6Washington, DC$44,670$21.48
7San Francisco, CA$44,458$21.37
8Wilmington, DE$44,423$21.36
9Charlotte, NC$43,367$20.85
10Glen Allen, VA$43,188$20.76
11Philadelphia, PA$43,166$20.75
12Seattle, WA$43,004$20.68
13Minneapolis, MN$42,548$20.46
14Miami, FL$42,108$20.24
15Chicago, IL$41,844$20.12
16Denver, CO$41,633$20.02
17Portland, OR$40,876$19.65
18San Antonio, TX$40,855$19.64
19Atlanta, GA$40,549$19.49
20Menomonee Falls, WI$40,316$19.38

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Wells Fargo salaries by department

Salaries at Wells Fargo vary depending on the department you work in. Wells Fargo salaries in the engineering department are the highest with an average salary of $99,164. Employees in the marketing department at Wells Fargo receive relatively high salaries as well, with an average salary of $82,614 per year. Departments that don't pay as well at Wells Fargo include the retail and the customer service organizational functions, with employees earning average salaries of $34,112 and $38,485, respectively.

Average Wells Fargo salary by department

RankDepartmentAverage Wells Fargo SalaryHourly Rate
1Engineering$99,164$47.68
2Marketing$82,614$39.72
3IT$76,601$36.83
4Plant/Manufacturing$55,766$26.81
5Sales$46,133$22.18
6Finance$42,699$20.53
7Administrative$39,143$18.82
8Customer Service$38,486$18.50
9Retail$34,113$16.40

How much does Wells Fargo pay by department?

Best paying Wells Fargo finance salaries

RankPositionAverage Wells Fargo SalaryHourly Rate
1Credit Manager$81,311$39.09
2Collection Supervisor$66,993$32.21
3Finance Consultant$63,164$30.37
4Loan Servicing Specialist$60,045$28.87
5Senior Underwriter$57,017$27.41
6Finance Advisor$55,875$26.86
7Branch Manager$55,468$26.67
8Mortgage Underwriter$54,763$26.33
9Operations Analyst$51,546$24.78
10Banking Associate$51,015$24.53
11Personal Banking Officer$48,070$23.11
12Loan Documentation Specialist$38,630$18.57
13Personal Banker$37,262$17.91
14Home Mortgage Consultant$32,960$15.85
15Phone Banker$32,479$15.61

Best paying Wells Fargo retail salaries

RankPositionAverage Wells Fargo SalaryHourly Rate
1Assistant Manager$55,626$26.74
2Store Manager$45,463$21.86
3Teller$33,610$16.16
4Cashier$32,926$15.83

Best paying Wells Fargo customer service salaries

RankPositionAverage Wells Fargo SalaryHourly Rate
1Pc/Lan Analyst$75,465$36.28
2Service Manager$55,699$26.78
3Client Services Consultant$49,769$23.93
4Processing Specialist$46,048$22.14
5Client Associate$40,728$19.58
6Operations Servicing Specialist$35,274$16.96
7Customer Service Representative$33,217$15.97
8Call Center Representative$33,163$15.94

Wells Fargo competitors’ average salaries

Average salaries at Wells Fargo competitors, like Bank of the West, Citizens Financial Group, and Citi, vary. Bank of the West employees earn the highest salaries, with an average yearly salary of $83,013. The average salary at Citizens Financial Group is $75,737 per year, and the average salary at Citi is $75,483 per year.

Highest paying Wells Fargo competitors

RankCompany NameZippia ScoreAverage Salary
1Bank of the West4.7$83,013
2Citizens Financial Group4.3$75,737
3Citi4.6$75,483
4JPMorgan Chase & Co.4.8$73,946
5Capital One4.7$61,566
6Rhinebeck Bank3.8$60,872
7KeyBank4.4$56,777
8Island Finance Puerto Rico Inc3.9$56,694
9Bank of America4.7$53,211
10Fifth Third Bank4.6$48,033
11Regions Bank4.1$47,661
12U.S. Bank4.6$46,793
13M&T Bank4.7$45,852
14SunTrust4.9$44,515
15BB&T4.8$40,025

Recently added Wells Fargo salaries

JobLocationDate AddedSalary
Business Execution Senior Manager, Personal LendingCharlotte, NC12/16/2024$120,400
Client AssociateRowe, MA12/16/2024$50,881
Branch Manager Arlington Tarrant County DistrictGrand Prairie, TX12/16/2024$55,493
Lead Training and Learning ConsultantPhoenix, AZ12/16/2024$131,481
Associate Personal Banker-ST ThomasOwings Mills, MD12/16/2024$41,740

What employees say about salary at Wells Fargo

Employee Reviews
profile
2.0
A zippia user wrote a review on Oct 2024
Pros of working at Wells Fargo

Health benefits

Cons of working at Wells Fargo

Inexperienced managers put in place with no experience or very limited in the field. You can get hired by your buddies who are abusive and have no experience whatsoever.

Wells Fargo Benefits

None someone just died at her desk and wasn't found for four days that speaks volumes of the company and culture.

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2.0
A zippia user wrote a review on Sep 2024
Pros of working at Wells Fargo

Lots of structure and training. Aggressive incentives.

Cons of working at Wells Fargo

Finding the wrong team or manager

How would you improve Wells Fargo's culture?

Have a frequent check on overworked high performing team members. Allow for more wlb

How does your compensation at Wells Fargo compare to the industry average?

below average and very difficult to hit targets.

What's the diversity at Wells Fargo like?

non-existent.

What brings you the most joy at Wells Fargo?

my customers

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2.0
A zippia user wrote a review on Feb 2024
Pros of working at Wells Fargo

Generous PTO, hybrid work

Cons of working at Wells Fargo

Systems are outdated and training is severely lacking

Wells Fargo Benefits

Generous PTO

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1.0
A zippia user wrote a review on Jan 2024
Pros of working at Wells Fargo

A large company that does pay well

Cons of working at Wells Fargo

The company emphasized diversity over talent and this will cost them in long term

Wells Fargo Benefits

The were no perks offered to white males

What do you like best about Wells Fargo's CEO and the leadership team?

Had 4 CEO in five years no opinion

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1.0
A zippia user wrote a review on Jan 2024
Pros of working at Wells Fargo

A large company that does pay well

Cons of working at Wells Fargo

The company emphasized diversity over talent and this will cost them in long term

Wells Fargo Benefits

The were no perks offered to white males

What do you like best about Wells Fargo's CEO and the leadership team?

Had 4 CEO in five years no opinion

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4.0
A zippia user wrote a review on Jan 2024
Pros of working at Wells Fargo

assisting customers and able to deliver great customer service with a great team to back me up.

Cons of working at Wells Fargo

no chance of career advancement or raise in pay. since covid there has been no raise of pay for me.

Wells Fargo Benefits

401k

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4.0
A zippia user wrote a review on Jan 2024
Pros of working at Wells Fargo

assisting customers and able to deliver great customer service with a great team to back me up.

Cons of working at Wells Fargo

no chance of career advancement or raise in pay. since covid there has been no raise of pay for me.

Wells Fargo Benefits

401k

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3.0
A zippia user wrote a review on Jan 2024
Pros of working at Wells Fargo

Close to home, the community, customers, & my team

Cons of working at Wells Fargo

No career advancement and pay rate lower compare to the market

Wells Fargo Benefits

Work life balance

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4.0
A zippia user wrote a review on Jan 2024
Pros of working at Wells Fargo

It was consistent work environment where I felt comfortable to utilize every department if help was necessary.

Cons of working at Wells Fargo

Terrible manager who was unprofessional and disrespectful, kept me confined to a department I didn't enjoy and wouldn't allow me to advance.

Wells Fargo Benefits

Early paycheck advance, excellent paid time off benefits, and I loved casual Friday.

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5.0
A zippia user wrote a review on Jan 2024
Pros of working at Wells Fargo

Helping with our customers problems and resolving them

Cons of working at Wells Fargo

I wish I would have stirred when I was younger so I'd have a big retirement

Wells Fargo Benefits

The medical benefits for great as well as free banking

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1.0
A zippia user wrote a review on Nov 2023
Pros of working at Wells Fargo

None. Constant threat of layoffs. Everyone is stressed out.

Cons of working at Wells Fargo

No job advancement. Every day could be your last due to layoffs, cutting benefits and minimal pay increases.

Wells Fargo Benefits

PTO

What do you like best about Wells Fargo's CEO and the leadership team?

Sneaky and insincere

How would you improve Wells Fargo's culture?

Treating employees with respect

How did you prepare for the Wells Fargo interview?

Don’t go. Look elsewhere

Is this useful?1 people found this review helpful
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4.0
A zippia user wrote a review on Oct 2023
Pros of working at Wells Fargo

There were a lot of opportunities at one point in time and the ability to advance based on performance

Cons of working at Wells Fargo

New senior leadership thinks they have all the answers and can micromanage change without considering all factors and listening to those in the roles.

Wells Fargo Benefits

Lots of holiday time off as well as personal days and PTO

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3.0
A zippia user wrote a review on Sep 2023
Pros of working at Wells Fargo

Hours and coworkers

Cons of working at Wells Fargo

Management and the Policy and Bureaucracy

Wells Fargo Benefits

retirement Benefit

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4.0
A zippia user wrote a review on Aug 2023
Pros of working at Wells Fargo

Lots of training and feedback.

Cons of working at Wells Fargo

Upset customers, and it seemed like they liked me to stay in my original position.

Wells Fargo Benefits

They had lots of retirement options

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4.0
A zippia user wrote a review on Jul 2023
Pros of working at Wells Fargo

benefits and stability and career improvement

Cons of working at Wells Fargo

trainings for the new hires does not show real work examples

Wells Fargo Benefits

medical

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4.0
A zippia user wrote a review on Jul 2023
Pros of working at Wells Fargo

Opportunity to do what I do best every day

Cons of working at Wells Fargo

Opportunity for career growth, compensation.

Wells Fargo Benefits

Healthcare resources

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5.0
A zippia user wrote a review on May 2023
Pros of working at Wells Fargo

Working hours

Cons of working at Wells Fargo

The salary grade is very low in terms of trying to move up within the company.

Wells Fargo Benefits

Off on holidays and weekends

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2.0
A zippia user wrote a review on Apr 2023
Pros of working at Wells Fargo

New hires are paid a premium

Cons of working at Wells Fargo

New hires are slammed with work with minimal training. They are the replacement/backup for the recent vacated position.

Wells Fargo Benefits

Paid Time Off The downside is coming back to double the workload.

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1.0
A zippia user wrote a review on Mar 2023
Pros of working at Wells Fargo

A paycheck you MAY be able to rely on; benefits package; PTO amount is generous but comes at a high non-monetary cost of the employee

Cons of working at Wells Fargo

They make it clear they DO NOT care about their employees, they dismiss you if you have a disability and point fingers to avoid accountability; everyone who I’ve spoken to who has had disability leave has stated the same; every team is spread so thin that days off are no longer days off as you end up working double shifts to make up the time as there are no “backups” accounted for in staff management

Wells Fargo Benefits

Misery loves company so at least my team members and I can relate on that level and help the misery seem more tolerable

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2.0
A zippia user wrote a review on Jan 2023
Pros of working at Wells Fargo

I've worked with some great individuals and learned a lot.

Cons of working at Wells Fargo

New management doesn't care about employees that have been there for a while. If you weren't a recent hire from Chase, Citi, BNY Mellon, or Bank of America, then your opinion seems to be worthless.

Wells Fargo Benefits

Benefits have been gutted as part of cost cutting so the value of a number of things has been taken away.

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2.0
A zippia user wrote a review on Dec 2022
Pros of working at Wells Fargo

good pay and industry respected training

Cons of working at Wells Fargo

culture, lack of care for individual team members

Wells Fargo Benefits

incentive pay

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4.0
A zippia user wrote a review on Oct 2022
Pros of working at Wells Fargo

The people who I work with are wonderful and kind, they offer 7 weeks PTO including holidays, and they allow employees to work from home two days a week.

Cons of working at Wells Fargo

The pay doesn’t increase with seniority.

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3.0
A zippia user wrote a review on May 2022
Pros of working at Wells Fargo

Intensive training diverse room for growth

Cons of working at Wells Fargo

Going completely digital and getting rid of people

Wells Fargo Benefits

Financial planning

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5.0
A zippia user wrote a review on May 2022
Pros of working at Wells Fargo

Great Folks

Cons of working at Wells Fargo

Uncertainty of the business relative to the market.

Wells Fargo Benefits

PTO & bonus package.

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4.0
A zippia user wrote a review on Mar 2022
Pros of working at Wells Fargo

good pay and acceptable benefits

Cons of working at Wells Fargo

The internal politics seems wasteful at times. But that is typical of all large corporations.

Wells Fargo Benefits

401k company matching

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3.0
A zippia user wrote a review on Oct 2021
Pros of working at Wells Fargo

salary schedule flexibility

Cons of working at Wells Fargo

hours structure

Wells Fargo Benefits

paid time off; ability to choose own hours

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3.0
A zippia user wrote a review on Aug 2021
Pros of working at Wells Fargo

benefits

Cons of working at Wells Fargo

I didn't like the politics and the constant re-organization of business units and employees.

Wells Fargo Benefits

I enjoy the 401k match of 6%.

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3.0
A zippia user wrote a review on Aug 2021
Pros of working at Wells Fargo

the benefits, the time I worked

Cons of working at Wells Fargo

the way they treat their employees

Wells Fargo Benefits

the 401K, the people i work with

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4.0
A zippia user wrote a review on Jun 2021
Pros of working at Wells Fargo

Benefits and the flexible hours

Cons of working at Wells Fargo

Quality of other workers

Wells Fargo Benefits

Paid time off/holidays

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4.0
A zippia user wrote a review on Jun 2021
Pros of working at Wells Fargo

I like the benefits and I like to help people.

Cons of working at Wells Fargo

I don’t like working weekends.

Wells Fargo Benefits

The 401k match is my favorite benefit.

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2.0
A zippia user wrote a review on Jun 2021
Pros of working at Wells Fargo

Nothing - they are very bad about providing a good work life balance.

Cons of working at Wells Fargo

Overworked employees

Wells Fargo Benefits

Nothing at all

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2.0
A zippia user wrote a review on Jun 2021
Pros of working at Wells Fargo

Nothing - they are very bad about providing a good work life balance.

Cons of working at Wells Fargo

Overworked employees

Wells Fargo Benefits

Nothing at all

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2.0
A zippia user wrote a review on Jun 2021
Pros of working at Wells Fargo

Nothing - they are very bad about providing a good work life balance.

Cons of working at Wells Fargo

Overworked employees

Wells Fargo Benefits

Nothing at all

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3.0
A zippia user wrote a review on Jun 2021
Pros of working at Wells Fargo

diversity

Cons of working at Wells Fargo

unorganized; conservative (in a "behind the times" way)

Wells Fargo Benefits

They have a legal team which will help you with most situations outside of work-related issues. You can opt to have the service fees come out of your paycheck and its really low - comparable to life insurance.

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5.0
A zippia user wrote a review on May 2021
Pros of working at Wells Fargo

Work/life

Cons of working at Wells Fargo

A lot of pointless middle management and out dated working tools.

Wells Fargo Benefits

The managers definitely do care and try their best to help you.

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3.0
A zippia user wrote a review on May 2021
Pros of working at Wells Fargo

the pay, the coworkers

Cons of working at Wells Fargo

underfunded department, mediocre brokerage products

Wells Fargo Benefits

401k plan and match

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5.0
A zippia user wrote a review on May 2021
Pros of working at Wells Fargo

Pay and Benefits

Cons of working at Wells Fargo

They displace good employees and hire people overseas with no experience to replaced the good people with experience.

Wells Fargo Benefits

We received a bonus and never had that before.

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5.0
A zippia user wrote a review on May 2021
Pros of working at Wells Fargo

always open to keeping employees and clients first. number one was clients have to be taken care off.

Wells Fargo Benefits

open door policy. raise your hand . employees were open to offer suggestions if procedures needed to be changed to better service company, clients and shareholders

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3.0
A zippia user wrote a review on Apr 2021
Pros of working at Wells Fargo

People I work with, benefits, training support

Cons of working at Wells Fargo

Constant take aways from employees that do not support work life balances

Wells Fargo Benefits

Fertility benefits

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5.0
A zippia user wrote a review on Apr 2021
Pros of working at Wells Fargo

Assisting clients , working as a team, management , clientele

Cons of working at Wells Fargo

Set income

Wells Fargo Benefits

Benefits

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4.0
A zippia user wrote a review on Apr 2021
Pros of working at Wells Fargo

My team and the clients.

Cons of working at Wells Fargo

The company is changing, it’s going to moving clients to online banking.

Wells Fargo Benefits

Health benefits.

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5.0
A zippia user wrote a review on Apr 2021
Pros of working at Wells Fargo

I like the complexity of work and team engagement.

Cons of working at Wells Fargo

The company functions in a silo environment.

Wells Fargo Benefits

My favorite perk is the bonus structure.

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4.0
A zippia user wrote a review on Apr 2021
Pros of working at Wells Fargo

They pay their employees well. Great work environment.

Cons of working at Wells Fargo

Too many changes all at once and not enough employees to accommodate everyday life and people's PTO.

Wells Fargo Benefits

Weekends off.

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4.0
A zippia user wrote a review on Mar 2021
Pros of working at Wells Fargo

My manager is very supportive. Huge Opportunity to grow and financially satisfying.

Cons of working at Wells Fargo

Lots compliance training but less sales training that’s needed for my position.

Wells Fargo Benefits

Retirement benefits and health benefits.

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5.0
A zippia user wrote a review on Mar 2021
Pros of working at Wells Fargo

Respectful, cooperative, team work driven environment.

Cons of working at Wells Fargo

Compensation could be higher. Offer more permanent job opportunities instead of consultant/temporary work for long term growth.

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3.0
A zippia user wrote a review on Mar 2021
Pros of working at Wells Fargo

The benefits are great

Cons of working at Wells Fargo

It’s Hard to move up with the company

Wells Fargo Benefits

Paid Time Off is great

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4.0
A zippia user wrote a review on Mar 2021
Pros of working at Wells Fargo

Helping people having to work with them to keep there homes. They would listen to your input. You get to learn a lot about each kind of personality’s. The traveling was great at the beginning but it got old after a while.

Cons of working at Wells Fargo

Traveling was away from home a lot. The company was beginning to not help the people anymore. There rules would change day to day decided to retire.

Wells Fargo Benefits

When I was in town office was real close. Great boss

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4.0
A zippia user wrote a review on Mar 2021
Pros of working at Wells Fargo

Benefits and pay

Cons of working at Wells Fargo

Management

Wells Fargo Benefits

Medical, Vision, Dental, PTO, VTO, Holiday, Personal time off

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4.0
A zippia user wrote a review on Mar 2021
Pros of working at Wells Fargo

I liked the environment. I worked in the capacity of a banker.

Cons of working at Wells Fargo

Nothing at all.

Wells Fargo Benefits

The benefits and helping people.

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4.0
A zippia user wrote a review on Feb 2021
Pros of working at Wells Fargo

benefits health insurance benefits health insurance benefits health insurance benefits health insurance benefits health insurance benefits health insurance benefits health insurance

Cons of working at Wells Fargo

work life balance

Wells Fargo Benefits

health insurance

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Frequently asked questions about Wells Fargo salaries

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Zippia gives an in-depth look into the details of Wells Fargo, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Wells Fargo. The employee data is based on information from people who have self-reported their past or current employments at Wells Fargo. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Wells Fargo. The data presented on this page does not represent the view of Wells Fargo and its employees or that of Zippia.


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