A lot of my coworkers are jumping ship to join Wells Fargo. What is the deal?
16 replies (most recent on top)
you know, working for a big bank is just different flavors of the same s*it.
Pick your flavor and get compensated for it as best as you can.
Many people coming over from BOA To WF. They tell me management is a horror show there.
@fj If PTO keeps you here, then it sounds like you are in the same boat as the new and inexperienced folks.
In the land of the blind the one eyed man is king.
@a1 You know who they pay well? New and inexperienced people are paid more because they know they can’t go anywhere else making what they make. Those of us who have been around a long time make less because they increase the hiring salaries without bumping our pay. The younger newer people I know have told me they’re stuck at WF because they have no experience to go anywhere else and make what they make. I can go pretty much anywhere but I enjoy my PTO too much and don’t want to start over.
@b8 So quit griping, go get a job where you think its better and report back.
Welcome to Lil' Chase!
@b7 "We arent JP Morgan which has a self-aggrandizing CEO forcing people to work at a mid town Manhattan monument to his ego."
You're right, we're a storied west-coast bank that JPMC CEO wannabe closed the historical headquarters of, refused to operate out of, and replaced with a half-billion dollar monument to his ego that isn't even in Manhattan. A guy who is making his claim to fame taking the biggest mortgage bank in the country and turning it into another Wall St. also-ran. Who is just following the standard playbook developed by the guys he wishes he was.
We don't have it as good as the guys you say are worse than WF.
People saying Wells is toxic haven't worked anywhere else. Wells has too many managing directors who ask inane questions and create too much paperwork. Wells has a douchy CEO who doesnt know how to grow a business.
But...were not Citi or BoA which have worse problems. We arent JP Morgan which has a self-aggrandizing CEO forcing people to work at a mid town Manhattan monument to his ego.
Stacked ranking is a fact of life everywhere, too.
What line of business are these people in?
Must be from Citi
If this us true, they'll be sorry. Wells Fargo and its management is toxic.
@OP you "work for a competition"?
Do you also not speak English natively, or even secondarily?
WHY?
Maybe Wells Fargo is the tallest mid-et when it comes to the industry?
Pays well. Pay for performance
Culling old.