Thread regarding Wells Fargo & Co. layoffs

What is everyone’s raise % like? 4% ?

by
| 4034 views | | 39 replies (last January 28, 2022) | Reply
Post ID: @OP+1f0XeOhh

39 replies (most recent on top)

Two words - he-l no.

2% and that was only because I was a high performer and my manager likes me. But managers don’t make the decisions anyway, they can only lobby. Typical for this place.

by
| | Reply
Post ID: @1nos+1f0XeOhh

Consistently exceeds in Risk. 0% raise, but 200% of old target bonus.

by
| | Reply
Post ID: @1oew+1f0XeOhh

Exceeds - 3.5% raise and bonus was 145% of old target - Commercial Banking

by
| | Reply
Post ID: @1yhs+1f0XeOhh

1% merit (I'm fairly high in the comp area for my role)

  1. 8% bonus
by
| | Reply
Post ID: @1dup+1f0XeOhh

Had a meets btw. same poster as Post ID: @1zae+1f0XeOhh

by
| | Reply
Post ID: @1qsx+1f0XeOhh
  1. 5% Merit. Didn't get the promotion I was told I would get. "Next year for sure, just keep doing what you're doing. Corporate only allows so many people, yada yada" Happy with the raise I guess. might cover inflation? Feels like I'm getting smoke blown up my a-s about the promotion though. Debating jumping ship, but its a relatively low stress job and I currently get to work from home.
by
| | Reply
Post ID: @1zae+1f0XeOhh
  1. 8% and I was told that was the max they could give me. My friend is an analyst & said she got 6%. Analysts are getting bigger raises (4-6%) since so many have left or are on medical leave.
by
| | Reply
Post ID: @1omo+1f0XeOhh

I guess I have gotten a "raise" by working at a more remote site for the past several years where one does not have to pay close to around $150.00 per month (surely is more now a days) to park in the city garages. Also working remote for a couple of years saves around $60.00 per month in gas fees. Working remote is a "raise" in itself. Not complaining.

by
| | Reply
Post ID: @1cph+1f0XeOhh

2% meets and they claim I was a top performer.

by
| | Reply
Post ID: @1oia+1f0XeOhh

1% meets 9.5% bonus. Reading between the lines, they want me to move with that kind of raise. Time to move on.

by
| | Reply
Post ID: @1ppa+1f0XeOhh

Meets 1% raise, same bonus as last year 10%. I’m at midpoint so no real raise. I asked my boss about new job titles (combined 2 & 3s) & what next if next level is 4&5. She had no idea and couldn’t tell me where to find the pay midpoints.

by
| | Reply
Post ID: @1wmo+1f0XeOhh

I have never seen more than 2% merit so i guess our group is cheap or everyone else it getting 10 % merit. 8% bonus for TOG

by
| | Reply
Post ID: @1zuo+1f0XeOhh
  1. 82% -0- bonus

bonus eligibility removed when titles were changed to reflect industry standard. so, my co-worker doing same job who's title didn't change received $10k bonus 2.5% merit. my LOB is technology so not sure of trend among the teams..... I'm happy that it was above 2%.

by
| | Reply
Post ID: @1gdj+1f0XeOhh

meets, 3.5% increase and 16.5% bonus

by
| | Reply
Post ID: @1zyn+1f0XeOhh

Meets, 0% base, 20% bonus

by
| | Reply
Post ID: @flc+1f0XeOhh

meets - 2% merit, 30% bonus

by
| | Reply
Post ID: @fml+1f0XeOhh

The merit pool for our group was 3%. Slight deviation in individual awards, but not much.

by
| | Reply
Post ID: @rsz+1f0XeOhh

3% Exceeds

by
| | Reply
Post ID: @dtn+1f0XeOhh

No raise (promoted earlier in the year with large pay increase)
18% bonus
Meets

by
| | Reply
Post ID: @cyb+1f0XeOhh

Well it sounds like no one got zero and with 8 percent to 15 percent bonus doesn’t sound like anything to whine about unless that is your sport. I did well with meets but i am not paid that much and that means i got far less then everyone else

by
| | Reply
Post ID: @bxy+1f0XeOhh
  1. 7% with Meets and 10% bonus. I'm at the high end on my team so they are trying to cap me.
by
| | Reply
Post ID: @xua+1f0XeOhh

1% raise with a meets

by
| | Reply
Post ID: @acf+1f0XeOhh

9% (was promoted)

by
| | Reply
Post ID: @wmf+1f0XeOhh

2%

by
| | Reply
Post ID: @boj+1f0XeOhh
  1. 5% raise, 9.5% bonus

Not unhappy with that per se but def not happy enough to stop looking elsewhere

by
| | Reply
Post ID: @zog+1f0XeOhh

Anything under 7% is a pay cut

Laughable that they prattle on about attracting and retaining talent and even people with “exceeds” get a “merit” decrease in pay

by
| | Reply
Post ID: @ybc+1f0XeOhh

Hy

by
| | Reply
Post ID: @fhl+1f0XeOhh

All exec’s should make their performance reviews public.

by
| | Reply
Post ID: @slc+1f0XeOhh
  1. 5%
by
| | Reply
Post ID: @iok+1f0XeOhh
  1. 2% (with exceeds rating)

13% bonus

by
| | Reply
Post ID: @cwo+1f0XeOhh
  1. 4% merit increase and 15% bonus
by
| | Reply
Post ID: @qmz+1f0XeOhh

10% but was promoted

by
| | Reply
Post ID: @ptc+1f0XeOhh

I got point seven percent, and the same bonus as always.

I was "Meets", but was recently re-orged into a role where I'm now about 30% over what the that roles old midpoint was.

I suppose I should be happy with anything, but then I keep hearing in the news about how employers are giving raises and bonuses. I'm not seeing it here.

by
| | Reply
Post ID: @oma+1f0XeOhh

Why not read one of the other half dozen threads on this

by
| | Reply
Post ID: @zpj+1f0XeOhh
  1. 9% exceeds rating
by
| | Reply
Post ID: @dkz+1f0XeOhh

I got a 4% raise with a meets but Im on the low end of the pay range.

by
| | Reply
Post ID: @bpu+1f0XeOhh
  1. 5% So, in light of the inflation rate, only got a 3.4% pay cut. Hooray!
by
| | Reply
Post ID: @lib+1f0XeOhh

5%...but I left WF last year...so 25% if you include the 20% increase I received moving to a new company. 😉

by
| | Reply
Post ID: @vxj+1f0XeOhh

Hahahahaha

by
| | Reply
Post ID: @yly+1f0XeOhh

Post a reply

: