Thread regarding Wells Fargo & Co. layoffs

Training

Dang! Do your training on time! Apparently this is a pet peeve of Charlie's. We just got a rather threatening email saying if we are late with required training, our name and our manager's name will be forwarded to Enterprise Risk and Control, etc. etc. What a bunch of bs, we've been taking some of the same classes every year for like 10 years.

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| 3853 views | | 33 replies (last August 7, 2020) | Reply
Post ID: @OP+16hcMBiL

33 replies (most recent on top)

@2dmx: Ok. Because of your well-written emotionally intelligent post, I am going to try to stop “whinging”. Good thing the firm has guys like you to tell us how to be better.

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Post ID: @3esg+16hcMBiL

everyone that gave a "+" in this column will be getting sh–canned. do your job, shut the f-up and stop whinging. it's a freaking layup task and you're complaining about it, god knows how much you brats whine about being asked to do real work. get fired and leave already.

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Post ID: @2dmx+16hcMBiL

To the previous poster... Yes, I've taken those questions, but I am not sure why they were required, as I don't see how they're relevant.

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Post ID: @1rpa+16hcMBiL

To the Corp risk poster- there is csi and attorney privilege training already; believe the law dept maintains it but it’s in develop u.

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Post ID: @1bnk+16hcMBiL

Some of Wells Fargo’s processes are not in line with the Compliance class directives and corporate policies. (Yes I did pay attention to the few classes that were actually related to my job.) I have pointed them out on occasion, and typed up memos with physical documentation for my manager. These were issues related to the company not protecting customer information like we say we do. Something hidden in plain sight. I can tell you that my manager was not all that excited about escalating the issue, potentially ruffling the feathers of the people in charge of the areas of concern. (This was during a time where they had the big Raise Your Hand 🖐 Campaign to encourage employees to bring their risk concerns to management’s attention.). Response back from up-the-chain was Corporate PR speak on one occasion, and on the other occasion it was a verbal admission that the problem should be corrected but it would require a massive overhaul that our system could not handle. And system upgrades were already years behind. True story. Never a response back in writing. Definitely no pat on the back lol. The problem still exists today.

The ugly truth is that they don’t want you (us) to point out what is wrong because you’re making their job harder than it already is. Wells is often more concerned about how something appears on the surface, rather than the truth that lies beneath. If they could get away with it, they would say “Take your damn classes, so we can tell the regulators that if they catch us doing something wrong: it’s your fault, not the company’s. Than keep your mouth shut.”

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Post ID: @1beq+16hcMBiL

Corporate Risk here. I've completed all my assigned training, and my transcript shows a few under 20 classes taken this year. How many of those classes were relevant to my job? I'd say about half. I don't believe any of us think training is useless; however, do I really need a training on, say, confidential supervisory information or attorney-client privilege?

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Post ID: @1amk+16hcMBiL

It isn’t weird, it makes it obvious that the training wasn’t getting done.

If everyone was getting it done, no need for email.

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Post ID: @1tnb+16hcMBiL

Can you people not understand that the OP (me) was commenting on the TONE of the email about training? Nobody is stupid enough to not understand that training is necessary on ANY job. It was just WEIRD to get this threatening email out of the blue.

Get it? Or are you going to sit around acting all wise and explaining the purpose of training??? JC

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Post ID: @1ent+16hcMBiL

These training courses are done at all banks, it’s part of working in financial services. It’s a highly regulated industry.

Of course, it shouldn’t be surprising that some WF employees don’t see a connection between their job and complying with the law.

It’s not your fault really, you’ve just had a bunch of crooks as your leaders and you are now finding out what it’s like to have management intent on running a profitable company that stays out of heaps of regulatory trouble.

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Post ID: @1oed+16hcMBiL

I’ll use an analogy: it’s like being a plumber, and your company is proud of themselves for making you take 20 annual classes for carpentry, sewing, and canoeing to make you be a better plumber. And the company is probably paying some Learning & Development consulting firm a huge heap of money for their plumbers to take classes for carpentry, sewing and canoeing. We take them because we have no choice, but there is something about it that is insulting to a busy person who has common sense. Yes, there are much bigger issues at Wells, it is just one of many examples of how effed up we are. It’s another big misdirected campaign that wastes the company’s (investor’s) money, time and resources. And Wells makes a big deal about all of it. The point being: if the company chooses to do something, they should at least try to do it well.

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Post ID: @1uja+16hcMBiL

Those compliance courses are irrelevant, time-wasting, and easy. Most can be tested out of in a few minutes once you’ve done them once.
Why on earth would anybody not just do them and get them off their plate?

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Post ID: @1pzn+16hcMBiL

OP is just letting off some steam. I would bet that most employees and managers would agree with OP if they could answer anonymously. Any thinking person would.

The annual compliance classes are one more example of WFC executing a task incompetently, only for the sake of appearances. Smoke and mirrors. Embellishing the truth and misleading the regulators. It’s a pattern for the company. A classic quote comes to mind: “If you can’t dazzle them with your brilliance, then baffle them with bull——.” This is the Well Fargo model.

Does WFC really want their employees to be properly trained? Then, as others here have stated, make the classes relevant to an employee’s job. Throwing 20 completely irrelevant classes at me every year that have zero to do with my job function is a big shining example that they know it’s a joke. And so do I.

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Post ID: @1qay+16hcMBiL

You really think the CEO has to do this training? He’s making $35k per hour this year. The cost of him completing all this training would be about a half million in salary.

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Post ID: @1nbg+16hcMBiL

You have months to do this training. It’s annoying but you can do it while on calls or on the toilet or while drinking... whatever. Pay your kid to do it.

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Post ID: @1bnd+16hcMBiL

LOL @ getting paid to do training = NK prison camp. Talk about entitlement

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Post ID: @1bdj+16hcMBiL

Unlike at a North Korean prison camp, you are paid to do a job that includes taking training and also free to leave anytime, feel free to exercise that option instead of complaining about having to take 30 minutes of training in your air conditioned office.

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Post ID: @1pis+16hcMBiL

This place is starting to feel more and more like an oppressive North Korean prison camp. The culture is disgusting. If you don't do your training, it will be escalated and you will be sentenced to 10 years of hard labor. If you don't open enough deposit accounts, you will be relocated to a branch that gets robbed. Sound familiar?! Nothing has changed. Nothing!

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Post ID: @imv+16hcMBiL

SR Execs have a lot riding on you getting that training done. Do it for Charlie!!!!

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Post ID: @pvg+16hcMBiL

After being given a 40% increase in caseload and told to get it done immediately (essentially entirely because of FCI's total inability to have consistency across teams, adequate written guidance, or address garbage referral sources), we are being told to drop everything and complete these asinine trainings also immediately...despite them not being due for weeks. I've never seen leadership so out of touch or totally unable to address the simplest needs of their teams. Absolutely worthless and I truly hope they lose their jobs and worse.

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Post ID: @kyt+16hcMBiL

We have always had to have all training done a month before due date in my dept. Nothing new. Now it becomes a performance issue though.

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Post ID: @jba+16hcMBiL

I have heard some higher ups get paid bonuses on how quickly these get done, hence the pressure.

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Post ID: @apq+16hcMBiL

If you can't complete an assigned and externally mandated task your average second grader can complete, honestly, you deserve to be let go.

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Post ID: @wxu+16hcMBiL

"Drink your juice, Shelby!"

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Post ID: @dut+16hcMBiL

this is a COMPLIANCE issue. Not completing required compliance and other training on time causes issues with the regulators. there is nothing to see here.

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Post ID: @lim+16hcMBiL

So AGAIN.... ASSET CAP.

A specific line item in the consent orders is around comprehensive risk management training programs. The bank has to demonstrate planned and completed training in order to get the asset cap lifted.

Obviously the tone of the communication is driven by utter disbelief that WF employees and managers cannot achieve the simplest of tasks.

Go ahead complain about the training, which is easy, and the email. When the asset cap isn’t lifted and gobs more people are laid off, starting with the people who can’t seem to do their training, you will be wishing for some boring online training to do.

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Post ID: @ucw+16hcMBiL

Yeah, its just one more sign of their rotten axx culture. 99% of the courses are totally irrelevant. They only know how to lead and govern by fear, bullying and intimidation. You would think its a felony to not get a course done.

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Post ID: @mhj+16hcMBiL

Exactly, half of my training is related to retail branches and anti-terrorist banking which I will literally never face in my job capacity. It’s just stupid.

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Post ID: @cfs+16hcMBiL

If the training were all relevant to my job this would be fine.

But half the training I'm required to take has zero to do with my work and takes time away from real work.

And it's 100% just to HR can say "everyone takes classes in blah blah blah we're so good and honest".

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Post ID: @psn+16hcMBiL

@uyw+16hcMBiL - right, because everyone on here has such a cheery attitude, you call me toxic for making a comment about training. And my point was that it seems like management's email was rather threatening, which we haven't seen in the past. (Yeah we all know training is important...)

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Post ID: @isy+16hcMBiL

With that toxic attitude, just leave already.

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Post ID: @uyw+16hcMBiL

Just do it on time and no problems.

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Post ID: @rdy+16hcMBiL

With all the scandalous behavior at this insane asylum, I don’t blame Chucky. Embarrassing still in the news for bad behavior.

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Post ID: @mgt+16hcMBiL

How about you just do your job.

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Post ID: @lvw+16hcMBiL

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