Most people that post here hate WF and/or their role. If they doubled your pay would you stick around and be content or would you still hate it and try to find something else?
I'm wondering how many highly compensated ee's we have that are miserable but stick around for the big checks.
Admittedly my level of pay has kept me on the reservation this year. All things being equal I would have been in the job market earlier this year but I'm also planning to retire in 21 so I chose to hang. But significantly higher pay wouldn't entice me to stay and continue to do what I'm doing. No.
More pay makes people happier for a short period but the problems remain. Double my salary? Sure, bring it on.
I would not. While I make a lot more than average, I realize I am part of a scandal plagued organization that has lost its identity through a major reshuffle of top management. I do believe the sales issues were isolated in retail (unit sales goals). From that, however, the rest of the bank has been negatively impacted, whether you work in wholesale or WIM. As a result, I do not want to be a part of an organization that has failed to correct its reputational image, 5 years after the issues started coming to light.
To make matters worse, current management has to deal with the asset cap. Whether you agree or not, management has taken various measures to limit employee expenses, such as eliminating raises for those making $150,000 or more and attempting to eliminate 401k match, etc. I am certain they will come up with more expense reductions in 2021 in this regard. Being part of an organization that tells its people that $150,000 or more is a highly compensated employee is comical. Many of us have excelled in our roles for many years and have invested in ourselves with professional degrees etc. The message here is that management does not value our contributions and, hence, it is time to move on. It is clear to me that one does not build a career here any longer. It is a job. That's it.
For me, these two factors have necessitated an initial exploration of opportunities to build a career elsewhere.
No. I make $250k and I’m looking to take a pay cut for something less stressful and more enjoyable
Enjoy the job more? No. Make it more tolerable? Yes.
I’d still be looking because I think anyone not looking right now, at least casually, is foolish considering the company will eventually be cutting 1 in 5 people (or so) that worked here at the end of Q2.
You couldnt pay me enough to go back there! People that work here are beyond toxic, they are far worse, especially the management
150k too low for me; the bs i wont put up with, very immature and i am looking to move forward not back. Company needs to find proper management with some minimal level of ethics and an understanding of labor laws. Personally maybe the goal is just to sell it off piece by peice, not really sure, but i wont stick around and be treated bad for no good reason.
No, I think my salary is fair. I won't turn down more money but more money won't increase my level of happiness.
I'm one of the few on here that seems to like my job and colleagues and for the most part believe I'm compensated fairly.
No. I am making more money than I ever imagined I would. I am just above the pay where I will not be getting a raise this year but not at an obnoxiously obscene level of compensation. I have been at this for a while now and have not increased my standard of living as my pay has increased. I am debt free.
I have enjoyed working for Wells up until approximately February-March of this year. I have had my time wasted in meetings that achieved nothing, my priorities changed for the indulgence of the egos of the new leaders Chuckie has brought in, my team moved from one organization to another with no clear communications on how my role is to adjust or what the expectations are. I effectively have not had a manager for the last 7 weeks and last but not least, Domiciles' sword (the threat of being laid off) poised over my neck for 6 months now.
I would have never left if I made more. WF has great benefits but they pay low compared to industry standards.
Yes with a caveat. I neither hate WF nor my role so doubling my pay would make it that much better. I enjoy working here with my group without burying my head in the sand. I cannot champion this place as some sort of holy grail establishment but I will carry on until the equation does not equal my desires and then move on or be moved on.
No. It’s my day to day life that matters, not my paycheck. More money would not make Sunday nights any happier.
“The opposite of job dissatisfaction isn’t job satisfaction, but rather an absence of job dissatisfaction.
They’re not the same thing at all.
It is important to address factors such as a safe and comfortable working environment, relationship with managers and colleagues, enough money to look after your family—if you don’t have these things, you’ll experience dissatisfaction with your work.
But these alone won’t do anything to make you love your job—they will just stop you from hating it.
So, what are the things that will truly, deeply satisfy us, the factors that will cause us to love our jobs?
These are what Herzberg’s research calls motivators.
Motivation factors include challenging work, recognition, responsibility, and personal growth. Feelings that you are making a meaningful contribution to work arise from intrinsic conditions of the work itself. Motivation is much less about external prodding or stimulation, and much more about what’s inside of you, and inside of your work.”
—Quoted from “how will you measure your life?”
I can put up with a lot of bs for 300k. I already do for 150k...
It's not about the money. Its about the opportunities that Wells Fargo presented itself to have. Been here a decade & what they've promised over the years haven't happened. A bunch of empty promises from District & Regional managers. Reputation used to be solid but now I realize it was built on quick sand & smoke and mirrors.
It's not the roles that people don't like. It's the fact that the company is poorly run. Leadership/management is the problem.
Hating WF has nothing to do with my pay. I can work here, do a good job, and still recognize them to be a scandal-plagued corporation. But I don’t go around with my head in the sand acting like they are a great company.