Those who are leaving for new jobs but could be considered too important to lose by the management? Has it ever happened that they offered to meet an employee's new pay or offer some other benefits? Or are they just happy to see people leave without having to pay them severance?
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Get an offer from a competitor if you want a raise or promotion. WF will try to keep you if you're worth it...negotiate during your two week notice
Actually that would be reactively. Proactively would have been giving them a promotion and raise so they didn’t go interview or look elsewhere.
Outsider here, but I know of 1 scenario of a WF employee who had received an offer & promotion from another bank, and WF proactively worked to keep the employee via more $$$ and a better title.
That employee is an excellent employee for WF and your customers, and I was personally impressed that they did the right thing in working to keep him.
I think they are broke and failing; you can try
Only ever moved internally. I only know of one position that wanted to keep me, but there was no way they could match the new salary I was getting. It would have been well over MRP.
Had it happen multiple times internally. Only stayed once.
I also got a counter for an internal move. I didn’t take it because they had dangled the carrot of a promotion and bigger raise for a year at that point and so I got my own promotion and raise.
I had it happen to me once, but that was in 2015. I told my manager I had an offer at another department. That manager told the senior director I was leaving. When asked why, replied that it was for more money. The senior director approved a 25% raise on the spot.
That's probably not happening today, but it can happen. The directors have a budget and if there's room, they can make it work.
Not these days..
I've never heard of it happening. But that doesn't mean it hasn't happened.
Pretty much anybody is replaceable at Wells.
Back when WF was flush (or claimed to be thanks to fake sales) this happened a lot in digital. Usually cronyism at the center of it, and the beneficiaries were usually male. "So-and-so is bored, and we need to keep him by finding something new/promoting him." I tried to have a similar conversation about career opportunities with the head of online banking once, and got the cold shoulder for a long time afterwards. Ridiculous.
Now, it seems hard to believe anyone could negotiate this way. It's a lot more difficult to get someone more money or a promotion off review cycle – that actually started pre-Charlie. And it's really easy for leadership to put you off by claiming they have no idea what the future looks like, you should hold tight until the dust settles blah blah blah.
It doesn't sound like you were considering an ultimatum, which is good. That would NOT go down well. But fair or not, even teeing up even a "let's talk about my career path" could come across as entitled, given looming layoffs in many orgs. If you are talented and ambitious, start looking elsewhere.
I have seen them try to keep contractors, but that usually fails.
You win funniest post of the day. Hahahahah, you are joking right?! When have you ever heard a senior exec, board member, or ceo say they want to be an employer of choice, a best place to work, etc? You never will. Instead it's, if you don't like this train, get off it, even if you have legitimate concerns. Don't let the door hit ya in the a– on the way out.
Mind torture until you leave without severance is the goal