Thread regarding Wells Fargo & Co. layoffs

Raise 2022

Let's discuss

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| 3345 views | | 9 replies (last November 24, 2021) | Reply
Post ID: @OP+1dSkrJAr

9 replies (most recent on top)

bonus is going to be a mix of restricted stock shares and cash

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Post ID: @6xhz+1dSkrJAr

Flat department budgets for raises. Hope for that ever generous 2%. There’s no better feeling than being downwardly mobile.

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Post ID: @1tmu+1dSkrJAr

my boss told me I got the max bonus last year because I am under a pay freeze. they also know I will go apesh1t and quit if they do not.

what's changed this year is I am not tied to a business or tech area that is getting a fancy schmancy refresh. Heck, I dont even know if my stuff is go forward in 2022.

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Post ID: @1irb+1dSkrJAr

if you don't know what TVC is you probably aren't bonus eligible. basically no more target % it is all variable.

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Post ID: @voz+1dSkrJAr

So most people I know are getting title changes. What is this variable compensation? Anyone know?

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Post ID: @vtk+1dSkrJAr

@tkg+1dSkrJAr

You're the only id--t posting here so far.

Hence why I'm calling you out.

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Post ID: @xxn+1dSkrJAr

What does this topic have to do with layoffs?

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Post ID: @hcn+1dSkrJAr

@ndx+1dSkrJAr do not say hence why it makes you look like an id--t.

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Post ID: @tkg+1dSkrJAr

We promote long term career stability and future career development. Thats why we dont have variable pay for performance. But in reality, the longer you stay in a company, there is higher chance that your value is going to be lower vs outside market due to salary compression. Hence why you see many people have to make the jump out in order to get more salary.

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Post ID: @ndx+1dSkrJAr

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