Thread regarding Wells Fargo & Co. layoffs

Are you supposed to get your bonus if you quit?

I left Wells Fargo IT in August for a different job and am trying to figure out if I’m entitled to the 8 months that I worked in 2019. I couldn’t find any mention of this in the handbook - does anyone know?

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| 984 views | | 8 replies (last March 14, 2020) | Reply
Post ID: @OP+13X9PTao

8 replies (most recent on top)

Very simple. If you quit, no, you will not get a bonus. If you were displaced or retired, you would get your prorated bonus amount.

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Post ID: @1qvt+13X9PTao

If you were eligible for retirement, you can retire and get a pro-rated bonus.

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Post ID: @1lls+13X9PTao

They have given bonuses to laid off employees in the past.

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Post ID: @1rnb+13X9PTao

I was displaced last year and got a prorated bonus through my last day as an active employee.
No, you do not get a bonus if you quit.
Bonuses were paid out on March 6th. If you didn't get one you're not getting one.

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Post ID: @1uie+13X9PTao

Well so which is it?

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Post ID: @1ftm+13X9PTao

You will get a pro rated bonus if you are displaced not if you quit for another firm. Displaced from WFA during the WBS/PCG combo and all displaced people received a pro rated bonus

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Post ID: @1ybb+13X9PTao

Lol, what?

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Post ID: @1eri+13X9PTao

No – except for a few special circumstances, you need to be an active employee on the day that bonuses are paid out in order to receive the bonus.

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Post ID: @1eft+13X9PTao

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