Thread regarding Wells Fargo & Co. layoffs

bonus announcement

knowing we're waiting on the "ok" from the BOD sometime today-friday on managers getting the ok to release the bonus info. Can a manager please respond back once you've been given the official green-light to discuss comp?

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| 5558 views | | 28 replies (last January 29, 2021) | Reply
Post ID: @OP+197OGoZg

28 replies (most recent on top)

You’ve got the green-light to discuss comp. have at it!

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Post ID: @2kwy+197OGoZg

@1ppz, same here.

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Post ID: @1slh+197OGoZg

it looks like bonuses are inconsistent based on other comments, I am in IT

I got 80% of target, rated a 3, got over 100% last year, was rated a 4

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Post ID: @1ppz+197OGoZg

@1gcs+197OGoZg, depending on what your salary is compared to the MRP for your job title, your comp ratio may have already been too high to warrant a raise with that rating level. Ask your manager.

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Post ID: @1wti+197OGoZg

Does displaced employees get any notice from managers for bonus payout ?

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Post ID: @1txn+197OGoZg

I did not get raise at all. Is it normal? 0%, rating is meet.

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Post ID: @1gcs+197OGoZg

Sounds like Charlie did good!

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Post ID: @1vot+197OGoZg

wasn't told what the group was funded at but got 5% less than my target bonus amount and was a "meets"

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Post ID: @1ktb+197OGoZg

Approved this AM. Our group at 100%. Some people got promotions.😎

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Post ID: @emj+197OGoZg

Got 85% of target

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Post ID: @ery+197OGoZg

My division was funded at 70 percent. I got 76, do I guess that’s good. Was expecting pool to be lower as my division was hit hard by COVID.

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Post ID: @qdl+197OGoZg

anyone over 120K will get 20%

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Post ID: @yil+197OGoZg

Internal auditor here. Management said our average bonus was 80% of target and a 1.5% salary increase. From what I’ve heard from coworkers, that’s about on the mark.

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Post ID: @tas+197OGoZg

My team found out this AM. 100% of bonus target (not a prorated 100% for funding pool but actual target) + 4% merit raise.

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Post ID: @dpc+197OGoZg

My job level was funded at 85% of target as a whole, meaning the average person with my title got 85% of their target. Some more, some less. I got 89% and know that there were some people that got 100%.

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Post ID: @hex+197OGoZg

Got 88% 🤭

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Post ID: @suc+197OGoZg

Rated a 2; 65%

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Post ID: @lha+197OGoZg

91% here

Very pleased and was pleasantly surprised

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Post ID: @tgi+197OGoZg

102% no issues here

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Post ID: @xxt+197OGoZg

Got my notice this morning. No cutbacks in my group afaik.

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Post ID: @qec+197OGoZg

I just found out mine. 95%. Gonna need to hire a financial advisor.

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Post ID: @mzn+197OGoZg

Got the info this morning. 80% for bonus, which was more than expected.

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Post ID: @arm+197OGoZg

all bonuses cut 60 %, remember we have all you workers - "working for wells is real bonus" so no need for monetary bonus, we are letting you work here for now, that should be enough

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Post ID: @wyn+197OGoZg

Green light was given but haven’t heard from mgr yet

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Post ID: @pvq+197OGoZg

Just heard from my manager.

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Post ID: @gnb+197OGoZg

Working at Wells is the real bonus

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Post ID: @vtn+197OGoZg

I got it a few minutes ago. Seems staggered as several of my peers haven’t received yet.

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Post ID: @ioc+197OGoZg

green light will be sent late this morning.

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Post ID: @qzc+197OGoZg

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