For more bad news, HR has started advising managers to raise the bar on performance expectations this year. Good luck!
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Now is the time to retain a lawyer and get counseled on what evidence to gather ahead of a wrongful termination Suit. Do not wait until you're fired (which is the end game so severance costs are reduced), take detailed notes, screenshots, get all directions in writing so your attorney can make good use of it.
Medium rare please.
Inconsistently meets = Burned at the steak.
I am encouraging advisors and clients to leave. And they are. Wells needs to be shut down and it will be through its own mediocrity. Most of you have a choice to leave. Eventually the cost cutting will lead to another scandal because of fewer people watching compliance matters. Meanwhile be your best advocate.
I knew there was a reason I ignore emails from HR and senior leadership. I won't echo their stupidity and malice. I'm sure if it's important, my direct manager will tell me about it.
Everyone on our team is working a ton of overtime since they have laid off a good chunk of our team AND they are rolling out the location strategy soon, which means a few people are going to quit and a few others are going to have a few hours of a commute to go into an office that no one else on their team is in. This should be fun....
“Inconsistently Meets is the new Exceeds”
News Flash : Being the same lump of mud this year as you were last year will not net the same gains.
More at 11!
Once had a goal of “being a co-creator, strategic enabler” - still trying to figure out what that even means..
HR is outsourced. They don't establish performance goals.
I tell my team every year that what counts as a meets this year may not count next year.
How about raise the performance bar for Charles Scharf? He is below subpar!
Darn. Ive been working my tail off for years and was hoping to slow down this year - I need a break! Even when the job market was favorable to workers I didn’t take advantage of that and slack off. It seems that as soon as the job market favors Wells Fargo that it is going to be an a--hole and take advantage of it. I blame only myself for not being prudent. If you dance with the Devil one should never forget who their partner is. I did.
Not to worry intrepid remote HR person, I use the same scale to rate my people that the board uses to rate the CEO. Surely that's the gold standard. Right?
This is correct. And I’ve heard that management has been instructed to rate additional people to rate below a meets this year.
Lol, I raise the bar on management for being poor quality. The people at the bottom are often more knowledgeable and intelligent than 3 4 layers higher.
Whatever.
Most people perform similarly. Every now and then someone who feels that they work so much harder than everyone else makes their voice heard.
But most people perform about the same most of the time.
So, in most cases, managers would have to lie and single someone out for lower performance. But Wells isn't slick enough to pull that off without multiple publicized lawsuits etc.
If the company wants to shrink headcount, this ain't gonna work.
Wells made the mistake of over-hiring. Wells can pay (severance) to fix their own mistake.
Everyone. It’s another tool Wells Fargo is going to use to cull the herd.
getting goals by end of March is a lot better than it used to be. In years past we'd be halfway through the year before they came down from on high
What is hilarious is we don't even have our goals for this year. It is March 8th. How can you be almost all the way through the first quarter and have no goals? Then in May we will be asked to complete a mid-year performance against the goals, that you just received. It is ridiculous.
Does this apply to managers too or it just for the employees that are pulling all the weight?