Thread regarding Wells Fargo & Co. layoffs

Bonus Delay

I've been informed that bonuses are delayed due a Workday issue. Anyone else experience that issue. HR indicates that it will be paid on 2/17

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| 2956 views | | 13 replies (last January 27, 2023) | Reply
Post ID: @OP+1kSsRUlx

13 replies (most recent on top)

This post is wrong. Being paid on Feb 3

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Post ID: @1lrj+1kSsRUlx

i was shocked to learn that everyone got a 5% across the board! it’s so amazing how rumors come true and how accurate this board is. i’m going to start trusting everything everyone says on here!

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Post ID: @1rqh+1kSsRUlx

It’s always been paid out the second paycheck in February. This isn’t a delay. At least in CSBB it’s the norm….jealous of the plebs in IB and Commercial crying about a $20k raise while we’re out here busting a$$ in front of clients to maybe get $7k all year in bonuses. Get me to your dept :(

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Post ID: @1yeo+1kSsRUlx

RE: 401k contribution change, it was technically due Friday the 20th and there is a special way to modify your contrib for a single pay date at Empower. You can no longer use that special as of the 21st BUT you can still make a standard change to your contributions which, in my experience, happen within a week. Payroll doesn't run until Tuesdays I believe. I dropped my permanent change this past mon or tue because I forgot last week so we'll see what happens next week.

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Post ID: @lmq+1kSsRUlx

Troll

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Post ID: @sxc+1kSsRUlx

Be glad you are getting one at all.

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Post ID: @vhv+1kSsRUlx

What do you expect. Lower your standards.

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Post ID: @oke+1kSsRUlx

And this is how rumors get out of control. Just like the one about giving everyone 5% raises.

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Post ID: @wwp+1kSsRUlx

Not an amount issue. They could not see the amounts to pass on to their direct reports. The issue was fixed before lunch yesterday.

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Post ID: @uox+1kSsRUlx

"viewing issue"... as in the amounts being reviewed are not correct...

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Post ID: @cwt+1kSsRUlx

Changes for 401k were due in by Jan 20th. It is too late to change now fir the bonus payout check.

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Post ID: @jvo+1kSsRUlx

Can someone help me with this, I'm new to Wells and I got Bonus and I want about 20% of it to go to 401k. If I make change today, will it be enough time for the bonus to deduct 20%. Last time I made a contribution change it took 2 cycles to reflect that change on my paycheck.

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Post ID: @vwq+1kSsRUlx

Not correct. There was just a viewing issue yesterday for managers

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Post ID: @rgk+1kSsRUlx

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