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.
  • Both tied in 1 area: Work-life balance.
Overall Rating
(full-time and part-time employees only)
Overall Rating
(full-time and part-time employees only)
3.9
(based on 23254 reviews)
Bank of America employees rated their Overall Rating 0.3 higher than Wells Fargo employees rated theirs.
Overall Rating
(full-time and part-time employees only)
3.6
(based on 25120 reviews)
Career Opportunities
Career Opportunities
3.8
Bank of America employees rated their Career Opportunities 0.3 higher than Wells Fargo employees rated theirs.
Career Opportunities
3.5
Compensation & Benefits
Compensation & Benefits
4.0
Bank of America employees rated their Compensation & Benefits 0.3 higher than Wells Fargo employees rated theirs.
Compensation & Benefits
3.7
Work-life balance
Work-life balance
3.7
Work-life balance
3.7
Senior Management
Senior Management
3.5
Bank of America employees rated their Senior Management 0.4 higher than Wells Fargo employees rated theirs.
Senior Management
3.1
Culture & Values
Culture & Values
3.9
Bank of America employees rated their Culture & Values 0.4 higher than Wells Fargo employees rated theirs.
Culture & Values
3.5
CEO Approval
CEO Approval
Bank of America Ceo Brian T. Moynihan
92%
92%Brian T. Moynihan
Bank of America employees rated their CEO Approval 22% higher than Wells Fargo employees rated theirs.
CEO Approval
Wells Fargo Ceo Charlie Scharf
70%
70%Charlie Scharf
% Recommend to a friend
% Recommend to a friend
78%
Bank of America employees rated their % Recommend to a friend 10% higher than Wells Fargo employees rated theirs.
% Recommend to a friend
68%
Positive Business Outlook
Positive Business Outlook
71%
Bank of America employees rated their Positive Business Outlook 23% higher than Wells Fargo employees rated theirs.
Positive Business Outlook
48%

Salaries

Wells Fargo has 1,055 more total submitted salaries than Bank of America.
Salaries for similar jobs
Salaries for similar jobs
Relationship Manager1034 Salaries
$48,843/yr
Personal Banker1004 Salaries
$44,079/yr
Vice President721 Salaries
$127,447/yr
Salaries for similar jobs
Teller1461 Salaries
$15/hr
Personal Banker I1140 Salaries
$39,183/yr
Branch Manager321 Salaries
$70,142/yr

What Employees Say

  • Bank of America had 516 more reviews than Wells Fargo that mentioned "Great benefits" as a Pro.
  • Bank of America had 69 more reviews than Wells Fargo that mentioned "Good benefits" as a Pro.
  • Wells Fargo had 117 more reviews than Bank of America that mentioned "Upper management" as a Con.
Pros
Pros
"Great benefits"(in 2574 reviews)
"Good benefits"(in 1582 reviews)
Pros
"Great benefits"(in 2058 reviews)
"Good benefits"(in 1513 reviews)
Cons
Cons
"Work life balance"(in 620 reviews)
"Upper management"(in 501 reviews)
Cons
"Sales goals"(in 1352 reviews)
"Upper management"(in 618 reviews)
Featured Review

Former Intern - Financial Advisor Development Program (FADP)

I worked at Bank of America

Pros

Firm had a great culture and everyone I met was very supportive of my learning throughout my internship.

Cons

Couldn't be in the office due to COVID.

"great company"Nov 26, 2020

Current Employee - Teller

I have been working at Wells Fargo part-time

Pros

lots of benefits for everyone

Cons

low hours, less full time open for tellers

Job Postings

Wells Fargo has 4,496 more recently posted open jobs than Bank of America.