Thread regarding Wells Fargo & Co. layoffs

Executive/M5 Pay

How much do these guys actually get paid? Base doesn’t look very far from M3s and M4s. Is the bonus what makes a difference?

Does anyone have any numbers u can share for Charlotte and NY?

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Post ID: @OP+1jx84a7mb

11 replies (most recent on top)

  1. Nope, M5s do not make anywhere near 7 figures all in. more like mid 6 figures (total comp - base, cash bonus and restricted stock)
  2. there's no region differential for any level M4 and up.
  3. salary bands overlap 80% with the next salary band
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Post ID: @y5+1jx84a7mb

@ez They're just wrong period. It's not mixed up with a P5 as they aren't getting a $150K bonus. I think you all are both wrong. It's in the 7 figures for an M5, but not upwards of $10M.

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Post ID: @x0+1jx84a7mb

So the executives get a huge bonus (like $150K-$200K) and their total comp is almost twice of the base salary. The staff employees get a bonus of around $10K-$15K.

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Post ID: @st+1jx84a7mb

In the old days it would have been 250,250,250. If you don’t know what that means then I’m sorry. I don’t know what they currently offer.

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Post ID: @gk+1jx84a7mb

@b5 you might confused M5 to P5. P5 is individual. M5 is very high in the ranking.
For reference, M6 are Senior EVPs, in SEC filling, typically $10M+.

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Post ID: @ez+1jx84a7mb

@b5 that’s definitely not the case bc im a director and make more than that

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Post ID: @eh+1jx84a7mb

Mind your own business minion.

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Post ID: @e9+1jx84a7mb

Why are you concerned about it?

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Post ID: @e6+1jx84a7mb

M5 typical starting salary 225 to 240. Bonus averages 150k a yr.

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Post ID: @b5+1jx84a7mb

They don't make anything after they are laid off, which is what this board is geared towards. Do the needful and move your employment/salary inquiries over to Reddit.

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Post ID: @ab+1jx84a7mb

They deserve upper 6 figures. It’s tough work!

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Post ID: @a5+1jx84a7mb

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