Compare Bank of America vs Wells Fargo BETA

See how working at Bank of America vs. Wells Fargo compares on a variety of workplace factors. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. All salaries and reviews are posted by employees working at Bank of America vs. Wells Fargo. Learn more about each company and apply to jobs near you.
Bank of America company icon

Bank of America

Wells Fargo company icon

Wells Fargo

Employee Ratings

  • Bank of America scored higher in 8 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Senior Management, Culture & Values, CEO Approval, % Recommend to a friend and Positive Business Outlook.
  • Wells Fargo scored higher in 1 area: Work-life balance.
Overall Rating
(full-time and part-time employees only)
Overall Rating
(full-time and part-time employees only)
3.8
(based on 22690 reviews)
Overall Rating
(full-time and part-time employees only)
3.6
(based on 24095 reviews)
Career Opportunities
Career Opportunities
3.7
Career Opportunities
3.5
Compensation & Benefits
Compensation & Benefits
3.9
Compensation & Benefits
3.7
Work-life balance
Work-life balance
3.6
Work-life balance
3.7
Senior Management
Senior Management
3.4
Bank of America employees rated their Senior Management 0.3 higher than Wells Fargo employees rated theirs.
Senior Management
3.1
Culture & Values
Culture & Values
3.8
Bank of America employees rated their Culture & Values 0.3 higher than Wells Fargo employees rated theirs.
Culture & Values
3.5
CEO Approval
CEO Approval
Bank of America Ceo Brian T. Moynihan
90%
90%Brian T. Moynihan
Bank of America employees rated their CEO Approval 13% higher than Wells Fargo employees rated theirs.
CEO Approval
Wells Fargo Ceo Charlie Scharf
77%
77%Charlie Scharf
% Recommend to a friend
% Recommend to a friend
77%
Bank of America employees rated their % Recommend to a friend 8% higher than Wells Fargo employees rated theirs.
% Recommend to a friend
69%
Positive Business Outlook
Positive Business Outlook
69%
Bank of America employees rated their Positive Business Outlook 21% higher than Wells Fargo employees rated theirs.
Positive Business Outlook
48%

Salaries

Of the top 3 common jobs between the two companies, Wells Fargo salaries averaged £6,728 higher than Bank of America.
Salaries for similar jobs
Salaries for similar jobs
Vice President47 Salaries
£92,348/yr
Analyst46 Salaries
£52,620/yr
Associate18 Salaries
£82,796/yr
Salaries for similar jobs
Vice President2 Salaries
£111,576/yr
Analyst2 Salaries
£56,144/yr
Associate2 Salaries
£80,229/yr

What Employees Say

  • Bank of America had 533 more reviews than Wells Fargo that mentioned "Great benefits" as a Pro.
  • Bank of America had 95 more reviews than Wells Fargo that mentioned "Good benefits" as a Pro.
  • Wells Fargo had 98 more reviews than Bank of America that mentioned "Upper management" as a Con.
Pros
Pros
"Great benefits"(in 2518 reviews)
"Good benefits"(in 1548 reviews)
Pros
"Great benefits"(in 1985 reviews)
"Good benefits"(in 1453 reviews)
Cons
Cons
"Work life balance"(in 612 reviews)
"Upper management"(in 497 reviews)
Cons
"Sales goals"(in 1338 reviews)
"Upper management"(in 595 reviews)
Featured Review

Current Contractor - Analyst

I have been working at Bank of America

Pros

Helpful and friendly colleagues throughout the organisation

Cons

Never had any issues at all

Advice to Management

N/A

Current Employee - Business Initiatives Consultant

I have been working at Wells Fargo full-time for more than 3 years

Pros

Really supportive and collaborative colleagues - everyone is happy to help. Huge organization, lots of opportunity BUT you are expected to self-serve your development and career path (that suits me).... Exciting plans for International development and growth, some great new senior hires. Support in place (HR, IT etc) people are very happy to help. I think remuneration is higher here than at other comparable organisations. Lots of communication, I feel like I always get updated on internal moves / changes or new hires. Highly inclusive and dedicated to diversity & inclusion - each region across the globe has a D&I council. Very philanthropic and encouraging of employees to get involved in charity or volunteering activities - everyone in EMEA gets 2 days off a year to volunteer.

Cons

Very slow pace of work because the company is risk adverse, you need to get used to managing a number of projects over a fairly long period. Everything always takes longer than originally expected

Job Postings

Wells Fargo has 1,207 more recently posted open jobs than Bank of America.