Thread regarding Wells Fargo & Co. layoffs

Attrition?

Have received two notices in the last week reminding us about the employee referral program. And have had several key players on projects announce they are leaving Wells with 2 weeks notice. Maybe the attrition by "how we run things" scheme is a little too effective.

by
| 2112 views | | 9 replies (last August 24, 2021) | Reply
Post ID: @OP+1csCmHYD

9 replies (most recent on top)

There was talk of retention bonuses for individuals at certain levels who could check certain DE&I boxes.

Retention of certain groups was a problem. This was when HR was talking about "viewing all staffing decisions through a DE&I lens", and "moving the needle in a more favorable direction". Not that long ago.

by
| | Reply
Post ID: @2awc+1csCmHYD

Where do I sign up for a retention bonus? So many have quit that the rest of us haven't had time to job hunt. Double and triple workloads for some -- crashing here.

by
| | Reply
Post ID: @2snd+1csCmHYD

Attrition is a big problem. No way could I recommend WF as an employer.

by
| | Reply
Post ID: @1bkv+1csCmHYD

How is this alleged off-cycle sh-t happening?

by
| | Reply
Post ID: @1xrf+1csCmHYD

"Actually saw some people get pay bumps and retention bonuses this past week to help combat attrition in COO. I don’t think the plan to naturally apply attrition is working for all groups."

Hearing similar things. Wonder if there will be any RTO flexibility for retention? For some it might be more valuable than the money.

by
| | Reply
Post ID: @1vht+1csCmHYD

"Actually saw some people get pay bumps and retention bonuses this past week to help combat attrition in COO."

Not saying it didn't happen, but I've never seen that happen off cycle.

by
| | Reply
Post ID: @1xvn+1csCmHYD

Actually saw some people get pay bumps and retention bonuses this past week to help combat attrition in COO. I don’t think the plan to naturally apply attrition is working for all groups.

by
| | Reply
Post ID: @mxr+1csCmHYD

The catch 22 is that if you want to leave, you can wind up going to a company that is good at hiding their weaknesses such as people abandoning ship and then you're in the same battle all over again.

by
| | Reply
Post ID: @tgj+1csCmHYD

Apple delayed RTO

https://www.google.com/amp/s/www.nytimes.com/2021/08/20/business/apple-return-to-office.amp.html

by
| | Reply
Post ID: @kdw+1csCmHYD

Post a reply

: