Thread regarding Wells Fargo & Co. layoffs

Change to the "Employee" TEAM MEMBER HANDBOOK

Did anyone else notice:
WF replaced the coinage of "Team Member" and now they are only "EMPLOYEE" in the handbook. Apparently alot easier to Layoff "Employees" vs. a fellow Team Member. Further devaluation of staff.

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| 2382 views | | 15 replies (last September 4, 2020) | Reply
Post ID: @OP+16MWAuU1

15 replies (most recent on top)

Hey everyone, U753861 here and these changes are so great!

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Post ID: @ird+16MWAuU1

A couple thoughts:

The Team Member vs Employee was always a bit flowery. But, the change IS sending a strong message to employees about Charlie’s management style, and it’s not a message that gives me a lot of hope for enjoying my future employment at this company.

Are they going to change the name of Teamworks? What to? Employeeworks? Workingstiffworks?
How about Youarejustanumberhereworks?

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Post ID: @ipg+16MWAuU1

Fine with me. I am an employee. I’m here for pay and benefits, not the feels of being on a team. I’ll leave if I can find something more attractive. I think it’s best for all if we keep the relationship crystal-clear and businesslike, and not obfuscate things with verbal fluff.

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Post ID: @ppn+16MWAuU1

@hej : The salary continuation pay schedule is still in the Jan 2020 employee benefits book on page 14-8. For now, it is still the same. Let's hope they don't cut that back again...

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Post ID: @ylf+16MWAuU1

@hej+16MWAuU1 60 days?! You're dreaming buddy! WF has always been employment at will.

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Post ID: @yfk+16MWAuU1

they have a building floor in India dedicated to learning and development. :)

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Post ID: @grx+16MWAuU1

Is anyone else worried that the new handbook dosen’t have the displacement years tables? I think this means Chainsaw Charlie is going to pay 60 days and no other severance when he cuts 25%!of us. This is now an Employment at Will company.

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Post ID: @hej+16MWAuU1

So we paid people to update the handbook from tm to employee. Because we dont have more important things to focus on.....

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Post ID: @kbq+16MWAuU1

Wow. I use to be a team member,now I'm just an employee. Wells is now just an employer. That's all.

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Post ID: @rjm+16MWAuU1

This is such old news (see it mentioned in several old threads). Please try to keep up. Charlie did away with "team member" almost immediately after he came on board.

He despises WF and isn't here to care about the employees.

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Post ID: @rdl+16MWAuU1

Don’t call me Shirley

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Post ID: @cwp+16MWAuU1

https://youtu.be/fOxuRD1ycj0

thats the EMPLOYEES they want to hire.

They dont have to pay:
Social security tax
Medicaid tax
Unemployment insurance tax
401k matching
profit sharing
risk of lawsuits
state taxes

and they dont have to pay:
high health care insurance(its so cheap there wells just pays it 100%)
Etc etc

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Post ID: @uts+16MWAuU1

Call me what you want just pay me tomorrow.

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Post ID: @lwi+16MWAuU1

They have money to make those changes, but they don't have money to keep people employed.

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Post ID: @uga+16MWAuU1

Also noticed they crossed out jury duty as an occasion to not have to take pto. Don't know if it means u have to take pto because it doesn't specify.

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Post ID: @fzd+16MWAuU1

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