Unlike our upper management, so many other competent ELTs have realized that WFH works better both for them (fewer costs, increased productivity) and their employees. A lot of those companies are currently hiring for remote positions and I've already submitted several applications. If WFC won't keep up with the times, then I have no plans to stay here.
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Step 1: RTO in hubs
Step 2: sell buildings and don't renew leases, reducing the number if available 'landing zones' for impacted employees.
Step 3: continue to reduce benefits, so employees making value decisions in their career are less interested in relocation.
Step 4: centralize / consolidate hubs down to 2-3. Don't like SF, NYC, or Charlotte? Relocate or leave!
Step 5: profit
RTO is basically a short term Hail Mary to spur attrition. Covid wasn’t something Charlie counted on. He was supposed to be further along with his time table at this point. He never factored in a once in a lifetime pandemic into his plans and couldn’t foresee that most of us would ride out the storm in the safe harbor that WFH provided.
Do I blame him for finally pulling the bandage? No. It’s in his nature. It was always going to come to this. He’s the scorpion and we’re the frog. He was always going to sting us. It was just a matter of when?
There's all these life coaches and executives who give reasons why employees should return to the office. And they are all about advancing your career or the company cannot be competitive without people being in the office.
What if those reasons don't mean sh!t to me compared to being a good dad and husband.
But think about this: If you are allowing WFH, I will give you 100% of my time out of appreciation. I mean that...
Do you really want to see me leave?
Nobody is talking with anyone. Everyone is going to sit at their desk through lunch on damn phone calls just the same as they could do in the office. My boss contacted me last week on my remote work contract. The ball is rolling. At least I live in a hub. I feel bad for colleagues who do not and we’re hired on the premise of work from home.
USAA for example is taking our top talent. They are offering remote work. There are thousands of remote roles. I suspect this will be short lived when they realize again there are not enough seats for everyone, and need to divert back
But but but being together builds relationships and we innovate. And we can pop our head in on meetings. Remember, we can have casual bump ins while going to take a dump that lead to the next blockchain like invention
I left WF for a global tech company - pay bump and 100% wfh. I don't know what these other posters are talking about. In fact, WF mid range salaries have actually gone down.
You must be talking about the majority of tech jobs?
If you look at the jobs paying at least 6 figures,(meaning the thousands of consultants and the management positions that do not manage the day to day operations at Wells Fargo)Wells Fargo would rather have an office expense and have employees do things like RANDOM IN PERSON COLLABRATION) , than having employees who are working from home 100 percent of the time and just manage the day to day operations. (Again, if you say I am wrong just look at the Wells Fargo jobs paying 6 figures and you can tell what Wells Fargo values)
See the goal is not RTO, the goal is to create an atmosphere to "Let Go". Once RTO is done, expect next will be performance, cutting hubs, overloading work...so on. Long story short...the goal is without paying packages, compensation how best, legally they can show you the exit door.
Yeah how on Earth would not paying for office space and giving employees lower wages benefit Wells Fargo?!
Then give reasons how allowing 100 percent WFH benefits Wells Fargo KNOWING few jobs allow it and the ones that do don't pay much
@ozx+1bTLSjpZ, LOL. Keep believing that, Chainsaw.
Most other companies value, respect and appreciate their employees and want them to stay. The opposite situation exists here at WF. They want attrition to go up and expenses to go down. At other companies, human capital is an asset. To Chainsaw, you are a head and an expense to cut. Remember that next time you're asked to work late or told to do more with less.
Wells Fargo isn't allowing many to work 100 percent WFH because it doesn't benefit them. They know very few jobs are 100 percent work from home, and the few ones that are only doing so because they want to pay like $45,000 a year, so Wells Fargo doesn't believe many will leave. ( Not including mortgage underwriters, but those require mortgage underwriting experience)
So go work elsewhere. Stop your whining.
And Chuckie says, oh good you have no plans to stay here, exactly what they want....attrition. The only company I have ever worked for that literally does everything they can to pi-s off employees and trash morale so they quit. And they hope you leave. Toxic and abusive workplace.