Salaries at wells fargo: Wells Fargo Salaries | Levels.fyi

Опубликовано: September 1, 2023 в 5:14 pm

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Категории: Miscellaneous

Wells Fargo and Company Salaries (2023) – 1577 Entries

1,574 total salary submissions

Average Wells Fargo and Company Salary

Total Median Pay

$99,000

Median Base Pay

$74,000

Median Bonus Pay

$25,000

How much does Wells Fargo and Company pay?

Base range: $38,000 – $127,000

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: $3,500 – $95,000

Filter Wells Fargo and Company Compensation by Position, Location and/or Division

InternAnalystAssociateSummer Associate InternVice PresidentOtherFinancial AdvisorConsultantTellerAccountantManagerPortfolio ManagerAssistantFinancial RepresentativeAuditorDeveloperBrokerEngineerTrader

CharlotteNew YorkSan FranciscoLos AngelesHoustonMinneapolisChicagoDallasAtlantaSt. LouisPhiladelphiaBostonWashingtonCharlotteColumbiaCharlotte, NC, USASan DiegoLondonDenverNew yorkMiamiPhoenixBaltimoreSeattleIndianapolisAustinNew York, NY, USAConcordSan joseDes MoinesHong KongRaleighMcLeanSan FranciscoPortlandSan Francisco, CA, USAPalo AltoOrlandoMilwaukeeClevelandBirminghamWashington D. C.FresnoRichmondBethesdaSummitMenomonee FallsJacksonvilleRoanokeSaint LouisSalt Lake CityEast LansingPepper PikeOaklandSioux FallsLos AngelesEl PasoChicagoNashvilleFort MyersPhiladelphiaFremontNaplesRancho Cordova, CaliforniaSaratoga SpringsVirginia BeachBoisePlatform OfferOmahaLas VegasTallahasseeDel MarLivingstonCarmelCarlsbadViningsAmerican ForkLaramieBillingsFairfaxTorontoOCDurhamBozemanOaklandLeawoodSan MateoRancho CucamongaDaytonWhite PlainsMonroevilleDuvalIrvingSan AntonioBaltimoreMartinezHamptonHoustonFinancial AnalystWells Fargo SecuritiesMinneapolisCharMaconChicago, IL, USAEugeneLos Angeles, CA, USANorfolkPortland, OR, USASingaporeloSheltonGreater New York AreaWest CovinaTBDJacksonwestonFort WayneCoral GablesCalgaryFort WorthHoffman EstatesKansas CityReadingSnellvilleBloomingtonWells FargoIndianapolis, IN, USASeasttleChapel HillCharlotte, NCNew2-4mm metro areaScrantonPompano beachCHARLOTTTampaLakelandSeattleCentralChandlerWalnut CreekSacramentoEC4A 4AUSan LeandroCity of LondonAtlantaSt. Louis

Investment BankingCommercial BankingCorporate BankingGeneralistReal EstateDebt Capital MarketsMergers and AcquisitionsLeveraged FinanceSales and TradingNAWealth ManagementEnergyPublic FinanceTechnology, Media and Telecom (TMT)Equity ResearchRisk ManagementConsumer – RetailRiskMiddle MarketIndustrialsPrivate Wealth ManagementFinancial Institutions Group (FIG)HealthcareCredit RiskInvestmentsRetail BankingEquity Capital MarketsStructured Products FSRFixed IncomeCorporate FinanceTreasuryPrivate BankingOtherCreditFinancial ServicesOil & GasOil and GasInvestment ManagementAsset Backed SecuritiesAsset ManagementFinancial SponsorsCapital MarketsTradingFICC – Fixed Income Currency and CommoditiesCommercialSecuritiesOperationsPowerStructured ProductsAdvisoryTechnologySalesDerivativesInvestment ResearchAuditFinanceSyndicationsStrategyResearchInformation Technology (IT)RetirementInvestment Grade FinanceMacroInsuranceGlobal Financial InstitutionsRatesBrokerageMarketsMultifamilyRCBOEquitiesOther AdvisoryPrivate EquityAnalyticsPortfolio ManagementPrime BrokerageCorporate DevelopmentRestructuringWholesaleGlobal MarketsAsset-Backed FinanceEquity long onlyThe Private BankInvestmen BankingWells Fargo Home MortgageCorporate finance group (fairly new division)Asset Based LendingWebCommoditiesRetail Banking GroupCRERotationalInstitutional Retirement and TrustLending DepartmentFIG Investment BankingGovernment Institutional BankingWFSsaleInvestments – DevelopmentRMBS TradingWBRInternational GroupWF AdvesorsGovernment and Institutional BankingRetail Commercial BankingCorporate Banking, Financial Institutions GroupCorporate LendingFinancial Planning and AnalysisProp TradingAccountingCollateralized Mortgage Obligations (CMO)Strategy and OperationsMarketingQuantitative ResearchGamingBusiness DevelopmentBack OfficeGovernment – FederalLife SciencesSoftwareBusiness Process Outsourcing (BPO)ComplianceProduct ManagementNatural ResourcesGrowth EquityIBCM

of 158 pages

Year Position Location Group/Division Pay Rate/Type Bonus
2023 Summer Analyst Charlotte Commercial Banking

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2023 Credit Analyst Charlotte Middle Market

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2021 Investment banking analyst New York Investment Banking

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2023 Incoming Associate New York Investment Banking

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2023 IB Summer Analyst Charlotte Leveraged Finance

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2019 Financial Advisor Charlotte Private Wealth Management

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2022 ESG Investment Analyst Intern St. Louis Private Wealth Management

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2023 summer analyst charlotte Private Wealth Management

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2023 Investment Banking Analyst Charlotte Healthcare

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2023 Senior Business Relationship Support Analyst Charlotte Structured Products

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of 158 pages

Position

# of Submissions

Avg Total Annual Comp

$ in USD

Total Pay Range

The blue bars below represent the minimum and maximum base salary for each position.

If salary is over $300k, we still show the max # but cap the length of the blue bar not to throw off the scale for the other positions.

The dark blue line within each bar represents the average salary for that position. The green line within each bar represents the median salary for that position. You can get the exact average and median by hovering over any bar

For interns and other positions that are paid hourly, weekly or monthly, we have annualized their base salary for easy comparison based on a 40 hour work week and 50 weeks worked per year.

Managing Director

2 Salaries

$532,500

465k

600k

Director

11 Salaries

$380,797

190k

600k

Engineer

1 Salaries

$150,000

150k

150k

Vice President

64 Salaries

$228,831

96k

404k

Associate

184 Salaries

$188,049

92k

300k

Trader

1 Salaries

$220,000

220k

220k

Consultant

8 Salaries

$118,228

35k

240k

Summer Associate Intern

74 Salaries

$120,899

39k

250k

Developer

2 Salaries

$87,500

85k

90k

Auditor

3 Salaries

$104,908

74k

141k

Portfolio Manager

5 Salaries

$93,500

74k

109k

Analyst

607 Salaries

$111,945

65k

165k

Financial Advisor

9 Salaries

$87,554

46k

255k

Accountant

5 Salaries

$72,201

55k

100k

Manager

5 Salaries

$80,518

38k

116k

Financial Representative

4 Salaries

$79,250

41k

116k

Other

22 Salaries

$69,306

38k

100k

Intern

491 Salaries

$59,093

37k

83k

Assistant

4 Salaries

$56,500

40k

74k

NA

8 Salaries

$53,250

30k

95k

Credit Analyst

3 Salaries

$49,000

35k

62k

Broker

1 Salaries

$46,000

46k

46k

Teller

8 Salaries

$25,885

21k

31k

Highest Paying Jobs at Wells Fargo and Company

Year Position Location Group/Division Pay Rate/Type Bonus
2012 Vice President San Francisco Generalist

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2018 Director Charlotte Investment Banking

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2014 Vice President Los Angeles Derivatives

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2017 VP Charlotte Investment Banking

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2015 VP Charlotte Investment Banking

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2016 Director Houston Leveraged Finance

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2014 Director San Francisco FICC – Fixed Income Currency and Commodities

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2013 Associate Charlotte RMBS Trading

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2014 Director New York Quantitative Research

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2018 Associate 3 Charlotte Investment Banking

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Average Pay by City for Wells Fargo and Company

Salaries by Location at Wells Fargo and Company

Rank City Total pay Range Range of $/hr
1 New York $85,000 – $165,000 $43/hr – $83/hr
2 Houston $70,000 – $162,500 $35/hr – $81/hr
3 San Francisco $71,000 – $141,000 $36/hr – $71/hr
4 Charlotte $70,000 – $140,000 $35/hr – $70/hr
5 Boston $70,000 – $115,000 $35/hr – $58/hr
6 Chicago $67,200 – $113,000 $34/hr – $57/hr
7 Los Angeles $65,000 – $105,000 $33/hr – $53/hr
8 Dallas $66,000 – $99,000 $33/hr – $50/hr
9 Philadelphia $60,000 – $89,000 $30/hr – $45/hr
10 Atlanta $60,000 – $85,000 $30/hr – $43/hr

Average rate per hour is calculated based on 40hr week or 2,000hr year.

Wells Fargo and Company Salaries by Department

Rank Department Average Pay Average Hourly Pay
1 Structured Products $197,500 $99/hr
2 Oil & Gas $175,000 $88/hr
3 Ficc Fixed Income Currency And Commodities $175,000 $88/hr
4 Industrials $162,000 $81/hr
5 Risk Management $158,000 $79/hr
6 Strategy $145,750 $73/hr
7 Equity Research $143,000 $72/hr
8 Investment Banking $141,000 $71/hr
9 Sales And Trading $137,500 $69/hr
10 Equity Capital Markets $135,000 $68/hr

Average rate per hour is calculated based on 40hr week or 2,000hr year.

Recently Added Wells Fargo and Company Salaries

Year Position Location Group/Division Pay Rate/Type Bonus
2023 Summer Analyst Charlotte Commercial Banking

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2023 Credit Analyst Charlotte Middle Market

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2021 Investment banking analyst New York Investment Banking

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2023 Incoming Associate New York Investment Banking

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2023 IB Summer Analyst Charlotte Leveraged Finance

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Interview Query | Wells Fargo Data Analyst Salary

Min: $91K

Max: $146K

Min: $1K

Max: $138K

Normalized Wells Fargo Data Analyst Salaries

Base salary

Total compensation

Average total compensation

0% – Low

15%85%

Cost of living

0% – Low

15%85%

Years of experience

0% – Low

15%85%

The average base salary for Data Analyst at Wells Fargo is in the top 90% compared to all other companies salaries.

The average base salary for Data Analyst at Wells Fargo is $120,853 while the average Data Analyst base salary is $82,666.

If we normalize the salaries at Wells Fargo by the cost of living, then the average base salary for Data Analyst at Wells Fargo is in the top 97% compared to all other companies.

If we normalize the salaries at Wells Fargo by the years of experience, then the average base salary for Data Analyst at Wells Fargo is in the top 74% compared to all other companies.

Wells Fargo Data Analyst Salary by Seniority Levels

Base salary

Total compensation

Senior*

$115K

$150K

Entry Level*

Seniority can increase the pay of a Data Analyst at Wells Fargo. Here are the base salaries of a Data Analyst at Wells Fargo grouped into 2 seniority categories.

  • Senior (6+ years of experience) average base salary is $136,000
  • Entry Level (0-1 years of experience) average base salary is $112,500

Wells Fargo Data Analyst Salary Compared to other Positions

Base salary

Total compensation

Product Manager

$83K

$198K

Data Scientist

$113K

$181K

Software Engineer

$100K

$175K

Data Analyst

$91K

$146K

Data Engineer

$75K

$148K

Machine Learning Engineer

$82K

$158K

Business Analyst

$63K

$119K

Most data science positions fall under different position titles depending on the actual role.

From the graph we can see that on average the Product Manager role pays the most with a $151,200 base salary while the Business Analyst role on average pays the least with a $94,833 base salary.

Top Cities for Wells Fargo Data Analyst Salaries

Base salary

Total compensation

New York, NY*

$140K

$143K

Charlotte, NC

$115K

$146K

San Francisco, CA*

Des Moines, IA*

Dallas, TX*

Minneapolis-St. Paul Area*

Denver, CO*

The Data Analyst salary in New York, NY is the highest paying salary with a $141,500 average base salary. The Data Analyst salary in Denver, CO is the lowest paying salary with $71,000 average base salary.

Wells Fargo Data Analyst Salary Compared to other Companies

Base salary

Total compensation

Antra

$63K

$659K

Netflix

$131K

$350K

The d. e. shaw group

$145K

$250K

Bank Of America Merrill Lynch

$96K

$241K

A. T. Kearney

$143K

$183K

Citadel Llc

$110K

$200K

Two Sigma

$90K

$215K

Twitter

$117K

$177K

Course Hero

$110K

$200K

Contextlogic

$119K

$172K

Citi

$75K

$200K

Affirm, Inc.

$100K

$174K

Meta

$95K

$183K

Lyft

$110K

$180K

Wells Fargo

$91K

$146K

The Data Analyst at Vodafone salary is the highest paying salary with a $400,000 average base salary. The Data Analyst at Enterprise business solutions salary is the lowest paying salary with $44,000 average base salary.

Salaries in Fargo (USA), average salaries in 2023 and 2022

Salaries in Fargo (USA), average salaries in 2023 and 2022 | BDEX

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204,930 ₽

Average salary in Fargo

As of June 1, 2023, the salary in Fargo is 204,930 ₽.
In micro-enterprises with up to 15 employees – the average salary is 122,960 ₽,
in small enterprises with up to 100 employees – 184,440 ₽,
and in medium-sized companies with more than 100 employees – 225,420 ₽.
In large enterprises in Fargo, with more than 250 employees, the salary is 286,900 ₽.
In the public sector in Fargo, the average salary is 163,940 ₽.

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Average salaries in Fargo in 2023 and 2022

The median salary in Fargo in 2022 was ₽198,780 and in 2023 it was ₽204,930.
The increase in the average salary in Fargo for the year amounted to 6,150 ₽.

2023

Company size (number of employees)

Salary per month (net)

Large companies (from 250)

286,900 ₽

Medium companies (up to 250)

225 420 ₽

Small companies ( up to 100)

184,440 RUB

Micro-enterprises (up to 15)

122,960 RUB

Public sector

163,940 RUB

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2022

Company size (number of employees)

Salary per month (net)

Large companies (from 250)

278,290 ₽

Medium companies (up to 250)

218 660 ₽

Small companies ( up to 100)

178,900 ₽

Micro-enterprises (up to 15)

119,270 ₽

Public sector

159,030 ₽

18

the United States occupies the place in the ranking of countries by salaries

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Fargo salaries by industry

We calculate the average salary in Fargo by line of work based on vacancies posted in the public domain,
as well as information from users living in Fargo.

Education

The average education salary in Fargo ranges from $114,370 to $240,810. On average, a college teacher earns 240,810 ₽, a school teacher – 208,250 ₽, a speech therapist earns 164,180 ₽, a tutor in Fargo receives 158,650 ₽ per month, and a social teacher, respectively, 142,040 ₽.

College teacher

$240,810 $

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IT

The average IT salary in Fargo ranges from ₽156,800 to ₽175,250. On average, a system administrator earns 175,250 ₽, an equipment repair specialist – 171,560 ₽, a technical support specialist earns 162,340 ₽, a tester in Fargo receives 156,800 ₽ per month.

System Administrator

175,250 RUB

Equipment Repair Specialist

171,560 RUB

Technical Support Specialist

162,340 RUB

Design

The average salary in design in Fargo ranges from ₽186,520 to ₽251,080 . On average, a ux/ui designer earns ₽251,080, a game designer ₽250,880, an interior designer earns ₽223,410, a 3d designer in Fargo earns ₽208,650 per month, and a web designer, respectively, ₽201,480.

UX/UI designer

251,080 RUB

Game designer

250,880 RUB

Interior designer

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Marketing

The average salary in marketing in Fargo ranges from ₽112,530 to ₽175,250. On average, a marketer earns 175,250 ₽, an event manager – 164,180 ₽, a pr-manager earns 162,340 ₽, a director in Fargo receives 162,340 ₽ per month, and an SMM specialist, respectively, 138,350 ₽.

Marketer

175,250 RUB

Event Manager

164,180 RUB

PR Manager

162,340 RUB

Accounting

The average salary in accounting and finance in Fargo ranges from ₽180,780 to ₽243,500 . On average, an auditor earns ₽243,500, a credit manager – ₽225,050, an accountant earns ₽180,780.

Auditor

243,500 ₽

Credit manager

225,050 ₽

Accountant

Rs. On average, a HR director earns 284,090 ₽, an assistant manager – 171,560 ₽, an HR specialist earns 164,180 ₽, a purchasing manager in Fargo receives 160,490 ₽ per month, and a housekeeping manager, respectively, 143,890 ₽.

HR Director

284,090 ₽

Executive Assistant

Rs. up to 1 102 050 ₽. On average, a judge earns 1,102,050 rubles, a notary – 512,900 rubles, a realtor earns 287,780 rubles, a bankruptcy lawyer in Fargo receives 215,830 rubles a month, a lawyer, respectively, 213,990 rubles.

Judge

1,102,050 ₽

Notary

512,900 ₽

Realtor

287,780 ₽

Medicine

The average salary in medicine in Fargo ranges from 123,600 ₽ to 356,020 ₽. On average, the head physician receives 356,020 rubles, the head of the department – 267,470 rubles, the dentist earns 230,590 rubles, the surgeon in Fargo receives 228,740 rubles a month, the traumatologist, respectively, 208,450 rubles.

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Restaurants

The average salary in catering and restaurants in Fargo ranges from ₽125,440 to ₽219,520. On average, a chef earns 219,520 ₽, a cook – 162,340 ₽, a waiter earns 140,200 ₽, a barista in Fargo receives 136,510 ₽ per month, and a bartender, respectively, 134,660 ₽.

Chef

Rs. 78 Trade

The average salary in trade in Fargo ranges from ₽103,310 to ₽223,210. On average, a sales manager receives 223,210 ₽, a store director – 202 920 ₽, a merchandiser earns 162,340 ₽, a sales representative in Fargo receives 153,110 ₽ per month, and a cashier, respectively, 145,730 ₽.

Sales manager

223,210 ₽

Store manager

202,920 ₽

Merchandiser

162,340 ₽

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Beauty

The average salary in the beauty industry in Fargo ranges from ₽110,680 to ₽217,680. On average, a masseur receives 217,680 ₽, a barber – 213,990 ₽, a cosmetologist earns 193,700 ₽, a hairdresser in Fargo receives 136,510 ₽ per month, and a manicurist, respectively, 110,680 ₽.

Masseur

217,680 RUB

Barber

213,990 RUB

Cosmetologist

The average wage in manufacturing in Fargo ranges from ₽130,970 to ₽243,500. On average, an operations engineer earns 243,500 ₽, a chief engineer – 228,740 ₽, a design engineer earns 226,900 ₽, a quality engineer in Fargo receives 215,830 ₽ per month, an ACS engineer, respectively, 208,450 ₽.

Operations Engineer

243,500 RUB

Chief Engineer

228,740 RUB

Design Engineer

226,900 RUB

900 78 Transport

The average salary in transport and logistics in Fargo ranges from 95,930 ₽ to 162,340 ₽. On average, a driver earns 162,340 ₽, a taxi driver – 160,490 ₽, an auto mechanic earns 145,730 ₽, a logistician in Fargo receives 138,350 ₽ per month, and a packer, respectively, 125,440 ₽.

Driver

162,340 RUB

Taxi driver

160,490 RUB

Auto mechanic
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Construction

The average salary in construction and housing and communal services in Fargo ranges from 125,440 ₽ to 309,920 ₽. On average, an architect earns 309,920 ₽, a foreman – 232,430 ₽, a process engineer earns 228,740 ₽, a gas welder in Fargo receives 213,900 per month.90 ₽, design engineer respectively 206 610 ₽.

Architect

Rs. 8 Security

The average salary in law enforcement agencies in Fargo ranges from 158,650 ₽ to 465,380 ₽. On average, a police colonel earns 465,380 ₽, a police major – 312,290 ₽, a lieutenant, a police ensign earns 220,340 ₽, a lifeguard, a firefighter in Fargo receives 202,900 per month.20 ₽, labor protection engineer, respectively 193,700 ₽.

Police Colonel

465,380 ₽

Police Major

312,290 ₽

Lieutenant, Ensign of Police

220,340 ₽ 900 03

Agriculture

The average salary in agriculture in Fargo ranges from ₽134,660 to ₽171,560 ₽. On average, a livestock specialist earns 171,560 ₽, an agronomist – 160,490 ₽, a tractor driver earns 149,420 ₽, a machine operator in Fargo receives 134,660 ₽ per month.

Agronomist 78 Without a profession

The average salary in a job without a specialty in Fargo ranges from 90,390 ₽ to 145,730 ₽. On average, a packer earns 145,730 ₽, a maid – 134,660 ₽, a call center operator earns 127,290 ₽, a labeler in Fargo receives 125,440 ₽ per month, and a loader, respectively, 123,600 ₽.

Packer

145,730 RUB

Maid

134,660 RUB

Call Center Operator

127,290 RUB

ethical issues and possible preventive measures essay example

In today’s society, scandals that have befallen large corporations are quickly detected and discussed through the use of the media. How a company responds and solves a problem can be detrimental to success and growth. In the following text, we will discuss the recent Wells Fargo scandal, ethical issues, and how or if the scandal could have been prevented.

Case Facts

In 2008/2009, Wells Fargo introduced a quota for opening or cross-selling by employees across the company. However, it was discovered that in order to meet the quota, employees began to create fake accounts for customers. These “free” accounts promised by employees to customers were actually premium accounts, Wells Fargo premium accounts come with high fees. These large commissions lead to account overdrafts, and account overdrafts lead to more serious problems, such as the destruction of a client’s credit lines.

Ethical issues

The most obvious ethical issue of the 2008/2009 Wells Fargo scandal. there was a loss or breach of trust that resulted in the loss of integrity of Wells Fargo employees. The loss of integrity for personal incentive had an impact on the corporation as a whole. Poor decision-making issues, chosen and carried out by employees rather than consumers, are detrimental to Wells Fargo’s reputation and morale.

Was Wells Fargo wrong or not?

Wells Fargo employees were wrong, they lied, created and opened fake accounts, and hid the fact that they did it to get an incentive. Piazza & Jourdan (2018) acknowledged that without publicity, organizations’ misbehavior may or may not change organizational membership, meaning that if they are not caught, employees will stay to reap the benefits of their paycheck. Carberry, EJ, Engelen, P. & Van Essen, M. (2018) found that the costs of corporate misconduct begin with the cost of replacing employees and can lead to reputational penalties that can be associated with a corporation’s decline in share price and loss interested parties. The entire Wells Fargo account-opening scandal was systemic in the sense that it involved the entire company and was not caused by one person.

What is the root cause or source?

Knowing and distributing incentives for employees to cross-sell services and accounts was the biggest problem in the Wells Fargo scandal. Elections were made within the whole company so that everyone who participated in them could benefit.

How could this have been avoided?

First of all, without offering an incentive for quota purposes. When you create rewards but don’t track how they are achieved or earned, you start allowing employees to engage in unethical business practices. What’s more, when Wells Fargo executives discovered there was a problem with fake accounts, they needed to stop the program, declare the problem, and fix it before it got worse. Corporations facing misconduct try to limit the exposure of problems in order to limit external losses. In an attempt to remedy the situation, Wells Fargo laid off 5,300 participating employees, about 1 percent of the company’s 300,000 employees. However, when there are multiple reasons for hitting certain market thresholds, it’s not just your day-to-day employees that are at fault. Piazza & Jourdan (2018) recognized that when a member of an organization is attached to it and has to deal with the consequences, the less they should react to a scandal. The corporate culture will have to change, starting with making sure that the ethical decisions of the CFO or CEO are consistent with those of the company. The higher-ranking employee has the opportunity to convey to all employees the ethical business values ​​necessary to conduct business with integrity.

When misbehavior becomes the focus of attention, the organization has the opportunity to show that they have higher ethical standards or are perceived as strict adherents of ethical standards. With a combination of personal and business ethics, organizational control and government regulation, the company is less likely to create an unethical corporate culture. However, more than one person or department is responsible for how an organization is run, and its social responsibility leads to better bottom line results, greater profits, and more customers for business growth.

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