A lot of people moved to Charlotte within the past 10 years as it had a lower cost of living than most other places. They were initially in other industries, ie: working on the corporate side at places like Lowes, as a Project Manager or something. They start talking to their friends & see how much more they can make in banking. They get hired at the bank, the only place in town that will hire them without banking experience & through a "friend". Suddenly they become an instant "banker." They get put in as a middle manager & feel threatened by the people that work for them that know the business. They treat those people poorly as they could easily be replaced by them, and abuse them. They keep the ineffective "yes" people around. They know nothing about their business. As long as they maintain their "managerial stance", ie: control, pretending to know what they are doing, nit picking & finding "mistakes" in people's work, etc, they keep up the facade of "being a manager". The good people are run off & leave, unless you know how to finesse these fragile egos.
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I hear you can hire some great people from Lowe’s and Dollar General in Charlotte! Lololol
Charlotte is a horrible city. But I heard most of the country is headed down the same path. You cannot even get onto the lake without dock rage and boat rage on the lakes. It’s a place people sell their souls for a few extra bucks. The sooner I can get out of here the longer I might get out of this one life that we have before I die from work stress, arsenic poisoning from the water, or some crime related issue. A pretty skyline but beyond that blahhhhhh. Hate it! Another job? Oh TIAA and BofA might have 5 jobs posted. Forget about USAA, or LPL. I hope my disgusting Michigan fan neighbors best me to it. Just another liberal city surrounded by dollar generals. If you are from the northeast keep out!!!
I can tell it is true that the some people in Charlotte got hired into management position without any banking experience before. I was astonished that so many people used to work in the retail side and then jumped to wells fargo as the executive risk manager or something else. This will not happen too often in other cities. You need to be really careful when working with those kind of managers. Charlotte is a small city and those people tend to have very strong connection and they will not leave those high paying jobs. You can go to those major golf clubs and you can see most of them play golf together everyday. It is a a who do you know rather than a what you can do culture .
Agreed. I lived in Charlotte for a while, I always felt something was missing. Soul.
@3vrw+1opjUwwM. Thank you, yes. A soulless city. Lots of soulless people too.
Moved to Charlotte and hate it here. It's been 4 years and now selling home and leaving. The people, the weather, the lack of beaches/mountains, the politics, etc. Stifling.
It's now an overpriced location relying too heavily on banking (which is imploding).
Might make some happy, but could never imagine staying here. So excited to leave.
Cue the haters telling me not to let the door hit me on the way out.
Charlotte has become quite expensive, with housing costs rivaling those of larger cities like CA or NY. Many people have commented on its transient nature, especially in areas close to the city center. The financial sector has a strong presence in Charlotte, and it's not uncommon for professionals to start out on contracts through recruiting agencies. When I moved to Charlotte a decade ago, I found the dating scene to be different from other progressive cities, with many in their 30's already settled or in committed relationships. In terms of leisure activities, while there are options like the beach and mountains, they are roughly 3 hours away, and the traffic can be challenging. Overall, Charlotte's evolving nature has both its pros and cons. Mostly CONS...Working in banking in CLT is not fun and sure want out of here ASAP.
There are some very good people in Charlotte, but the talent pool isn't that deep in the job market. Duke and even UNC star graduates tend to go elsewhere. And NC's main appeal is that it's a cheap place to live and their version of barbecue is good. When you hire that many people in a mid-size metro and B of A and Truist are fishing the same waters, you're going to end up with mostly quantity, not quality.
@1kbn+1opjUwwM. Most of them are wanna be New Yorkers that don't have the intelligence & guts to make it in NYC
What intelligence and guts are needed to make it in NYC? Charlie’s squad is there so that in itself proves you wrong. I am guessing you didn’t have the intelligence or guts to make it in NYC.
@1kbn+1opjUwwM. Most of them are wanna be New Yorkers that don't have the intelligence & guts to make it in NYC. Then you have the people that come to Charlotte thinking they're in the "big city".
@1kbn+1opjUwwM Yes. It's true.
I don’t know why there are so many haters on here but there are lots of Charlotte employees across tons of groups. They don’t all $u-k. I’ve worked with people everywhere in this company (even Canada, UK, India, etc.) and never had an issue with literally everyone from one single town. Sounds like you might be the problem.
Say what you will about Charlotte, but it's the #1 hub location and the remote one off location firings are coming and those jobs are going to either Charlotte or India.
"Considering Charlotte is the 2nd largest banking center in the country"
Maybe that has something to do with the corrupt culture there.
Plenty of people in CLT aren’t great, but that’s what happens when over 10% of a global company is in 1 city. Pretty sure the good egg to bad egg ratio is pretty similar to everywhere else in the company, except maybe Europe, my god are they bad across the pond, assuming they are even working on any given day.
Considering Charlotte is the 2nd largest banking center in the country, original post doesn’t really hold water in terms if talent availability.
Not sure where the CLT hating is coming from. There are nearly 30k employees there. They don’t all su-k. Cmon. I know lots of folks there both good and bad. This is a silly thread.
Charlotte processing managers are the worst. Grouping mortgage processors together in a hub and having these poor managers has been a nightmare!
Most of the workers from Charlotte are very difficult to work with. They are arrogant, argumentative and dishonest. The Charlotte office is one of the most toxic offices at Wells Fargo. They are competing against another toxic bank called Bank of America, which is headquartered in Charlotte. For some reason, this city tends to attract a lot of rotten professionals. Maybe something is wrong with the water they drink.
Charlotte people svĉķ.
You say "We need more transparency on how it really is day-to-day and all levels of mgmt need to acknowledge it and then sell us on how they are going to improve it."
It will never happen. It's actually getting worse and worse each year towards zero transparency. They intentionally hide everything for various reasons that will only benefit themselves.
Their favorite words: "Need To Know Basis".
The #1 way to get hired anywhere is through connections. Favoritism and the inherent bias that comes with it is something that will never go away.
It is good to acknowledge where WF is failing, yet the effects of bad hires really becomes a more personal than unique issue to any common worker.
My issue is the lack of trust WF has in the existing loyal workforce to promote and allow to fail upwards. It feels like we are kept in a vice, where pressure is supposedly released when WF tries, through distraction of this lack of career growth, to present some image of themselves as being all inclusive and welcoming to anyone.
We need more transparency on how it really is day-to-day and all levels of mgmt need to acknowledge it and then sell us on how they are going to improve it.
Action is needed now, not in 2 years or through some d-mb high level ambigious marketing effort that gets them favor in LinkedIn "Best Places to Work" bullsh.....
Wait!!! I thought Charlie is the only one who su-ks. LOL
every single person on enterprise BPM fits this description.
There is a guy who came to Control team a few years ago. His original background was the manufacturing industry. He got a Control job through his friends at Wells Fargo. This guy has no clue of what's going on around here, but just because he has Six Sigma blackbelt, he thinks he knows it all. He is so arrogant and obnoxious to other employees. His job is to find and report other people's mistakes to upper management, and takes credit of those findings. Of course he is part of the Charlotte office.