Thread regarding Wells Fargo & Co. layoffs

If you were offered a job outside of Wells tomorrow would you take it?

If it paid you the same or more, would you quit Wells? Or would you stay and ride this out and try to move up?

by
| 1909 views | | 23 replies (last April 28, 2022) | Reply
Post ID: @OP+1gskpaf4

23 replies (most recent on top)

All other things (like pay, PTO and WFH) being equal - Yes.

It would be worth it just to get out from under all the red tape and to actually be able to get some real work done.

by
| | Reply
Post ID: @1whp+1gskpaf4

No way. I don't believe that the grass is greener on the other side. Remember, a company that is hiring can easily be in the same boat as the one you leave. You REALLY won't know until you work there.

by
| | Reply
Post ID: @fbf+1gskpaf4

I did. Much higher base, bonus eligible and the same PTO plus additional sick time if needed. I even kept an officer title, not that it makes any difference.

by
| | Reply
Post ID: @koy+1gskpaf4

Yes!

by
| | Reply
Post ID: @dra+1gskpaf4

It would depend on what the job is.

What's does the role/work entail? Do I like the hiring manager or know people there? Is it remote or hybrid?

Are benefits pretty much the same? What about PTO?

by
| | Reply
Post ID: @olp+1gskpaf4

Absolutely!

by
| | Reply
Post ID: @ynn+1gskpaf4

The grass is not always greener--right? That said, I would still seriously consider an outside offer even tho I'm a few years away from retirement.

by
| | Reply
Post ID: @bgy+1gskpaf4

100% yes

by
| | Reply
Post ID: @lyz+1gskpaf4

No, I would not.

Because I'm too close to retirement to start over someplace else.

If I was 5 years younger, then yes. No question about it.

by
| | Reply
Post ID: @gee+1gskpaf4

If I had leadership that at the very least didn’t want to make things harder, middle management that actually wanted to work and a company that isn’t constantly in the news, I’d likely leave

by
| | Reply
Post ID: @kzw+1gskpaf4

I did. Full time WFH and $20,000 more in base pay. There is no bonus, but my bonus last year was like 8% and I had an exceeds rating. I would much rather have the guaranteed money and WFH (and I started with 27 days of PTO). I had taken an internal promotion earlier 6 months prior to starting my search, so I was afraid it might turn some employers away, and maybe it did, but about 6 weeks into my search I was getting a several interview requests a week. If you are looking for more money, look both places. Between the two changes, I am making $40,000 right now than I was in August. Do what works for you!

by
| | Reply
Post ID: @fpe+1gskpaf4

WFH, good leadership at every level, same pay range. Goodbye

by
| | Reply
Post ID: @nau+1gskpaf4

for the right job I would move for less money. while money is a big motivator, if it doesn't have to be look at what will make you happy or get you where you want to go. sometimes one step backwards can move you two steps forward.

by
| | Reply
Post ID: @vks+1gskpaf4

Unlikely, not looking.

by
| | Reply
Post ID: @vme+1gskpaf4

Every single company including bofa cannot meet the salary that WF pays me so no, also many want full time in the office.

by
| | Reply
Post ID: @qzo+1gskpaf4

Same pay? Gone.......no need to think about it......

by
| | Reply
Post ID: @smz+1gskpaf4

I had one last week and accepted. WF tried to counter but wasn’t good enough to consider staying.

by
| | Reply
Post ID: @klr+1gskpaf4

I had one yesterday, and did.
Also, the 401k loan is not die when you leave the firm, as long as you don't roll it over. Just set up an auto pay and you'll be golden

by
| | Reply
Post ID: @zmm+1gskpaf4

I have a loan against my 401k so it’d take a ton for me to quit. Probably a 50% pay increase in base salary.

That will not be happening. Thankfully I like my job quite a bit!

by
| | Reply
Post ID: @hsh+1gskpaf4

Totally WFH...I would even take a pay cut..

by
| | Reply
Post ID: @sku+1gskpaf4

If it was a solid company offering a position I would want, I would absolutely leave for greener pastures.

by
| | Reply
Post ID: @dpk+1gskpaf4

Out in a heartbeat.

by
| | Reply
Post ID: @rvs+1gskpaf4

It all depends on who and how much. Too many variables

by
| | Reply
Post ID: @vmo+1gskpaf4

Post a reply

: