Thread regarding Wells Fargo & Co. layoffs

Severance Package

For those that have been laid off what does the severance package look like from Wells?

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| 3582 views | | 10 replies (last September 21, 2020) | Reply
Post ID: @OP+171w874B

10 replies (most recent on top)

@1dus Gotcha, since a couple of WIM folks allegedly got their packages same day two years ago, it's a great use of everyone's time to stalk the Fed Ex guy. I give up.

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Post ID: @2nvq+171w874B

it's listed in the benefits book - no more, no less. not sure why people keep asking this when you can quite literally look it up if you're an employee. People that think they can "negotiate" and get more are incorrect.

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Post ID: @1yqj+171w874B

You don’t work here so why do you care?

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Post ID: @1gyt+171w874B

FYI when WFA had their reorg back at the end of 2019 a few severance packages were sent out before the team member was told. They were for positions that didn't map and where you didn't have to apply for the position. So HR can and will screw up.

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Post ID: @1dus+171w874B
  1. 5 x 11 guy! Freaking brilliant!
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Post ID: @iie+171w874B

I don't understand the obsession on this site about the physical package potentially coming via Fed Ex. Why does it matter where they are mailed from?

Once again, if you want to know if you are being displaced WATCH FOR THE MEETING ON YOUR CALENDAR. It will be from your boss, contain no agenda or details and be for LATER THAT DAY. This is how it's worked for every person I know whose been laid off – whether their package was Fed Ex'd or handed to them in a conference room. If it's Fed Ex'd it arrives the following day, I promise.

HR won't take a risk of you figuring it out the day prior, and taking PTO on layoff day.

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Post ID: @ibe+171w874B

Is the severance package sent from NC?

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Post ID: @cvp+171w874B

It in the benefits book I believe but works out to about 2 weeks per year of service up to a max of about a year.

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Post ID: @mcm+171w874B

It's not massive. It's 8.5 x 11 and probably less than an inch thick. (At least for exempt.)

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Post ID: @mxn+171w874B

Depends on how long you've been here and, I believe, whether or not you are exempt.

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Post ID: @wqp+171w874B

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