Thread regarding Wells Fargo & Co. layoffs

Sorry peeps, we cannot afford your $$$ increases this year

“Sorry but we can’t afford raises this year. But, but, but... here’s an email announcing our record-breaking profits.”

Your Leadership

by
| 14 views | | 8 replies (last 17 hours ago) | Reply
Post ID: @OP+1m71dx8da

8 replies (most recent on top)

Did they say no raises??? Which department?

by
| | Reply
Post ID: @ky+1m71dx8da

No raises. They needed the money to hire more failures from BOA.

by
| | Reply
Post ID: @h5+1m71dx8da

@eh+1m71dx8da

Managers have hardly any control over your comp. We're give a tiny budget, told to stick to very narrow bands of acceptable increases depending on the individual's circumstances, and we shift a few pennies around to use up all the budget dollars. We aren't holding your increases hostage, and we don't get some kind of bonus increase if we don't spend the merit budget. 100% of the blame lies with the executives. Managers are just giving you the news.

by
| | Reply
Post ID: @ev+1m71dx8da

Management is and always has been tone deaf regarding any compensation activities.

by
| | Reply
Post ID: @eh+1m71dx8da

Record profits equal unpaid wages.

by
| | Reply
Post ID: @cd+1m71dx8da

Same cr-p different day from HY. Increases and bonuses for those above the director level are always massive, even if profits were down, but for the underlings it doesn't matter what you do, you get peanuts. Jokes on them though, I'm here for the severance, not the increases. Close enough to the finish line it really doesn't matter.

by
| | Reply
Post ID: @ax+1m71dx8da

@OP as my leader says, you’ve consistently exceeded on every review for four years in a row, but I have no plan for you. Oh but can you please absorb all of these different displacements into your current workload year after year!

Enjoy the record breaking earnings a$$h0lez

by
| | Reply
Post ID: @an+1m71dx8da

Isn’t that the story every year?

by
| | Reply
Post ID: @ag+1m71dx8da

Post a reply

: