Thread regarding Wells Fargo & Co. layoffs

I'm a lead and now the tellers make 15 an hour while I've been with the company for years and now only make 89 cents more. How can he sleep at night especially when we are the ones handling risk way more than a banker. We are the ones that give those bankers customers to begin with. We handle all the money that comes into the branch but we are treated like crap when the bankers make out far better than us. Every single branch manager and service manager who has been in their position since the scandal broke got that position by gaming. Rumors are the service managers will give up their raises for the leads to make up for the fact that tellers were making 13 and got a 2 dollar raise while we got 51 cents. I am almost to the point where I'll step down to a teller so I'm only responsible for my cash and customer interactions. As a lead I am responsible for my transactions as well as the tellers. Sloan should be ashamed of himself. He says that we are the most important to the company yet when it comes to compensation we get paid like we are the least valuable asset. I'm waiting to find out if my branch will close and will take the severance and unemployment

Tim Sloan should be out on his phony a$$. There is no way he was not involved in the fake account scandal in his role as COO. And if he wasn't aware, he should be fired for THAT.

I can't watch any more of his folky town halls where he and his henchmen sit there whirling like dervishes as they spin the "building better every day", "making it right for our customers", and "full transparency" cr*p that was written for them by some PR hack, and vetted by a phalanx of lawyers to ensure they don't say anything they might be held to. The obscene raise he just received is the last straw. Management at Wells could not possibly care less about employees. Cut, cut, cut, and outsource as they line their own pockets, and not one of them loses a nanosecond of sleep over it.

It didn't used to be this way. Years ago PACA actually meant something. Now I am embarrassed to work for Wells Fargo, and am counting the weeks to my retirement.

Lucky to receive 1% will a very reduced bonus. I don’t how Mr. Sloan can sleep at night. He and his Executive Management Team are responsible for this mess. We are working diligently to complete every single clean project they give us. I bet you zero to none they projects are not even correct. Why is the Bank responsible for his private security system? Isn’t that a personal expense? After all the money he has made and he can’t even pay $87K for a security system? It should be loose change for him. I can’t even watch videos of the executive team lecturing us on being honest and doing the right thing. Guess what Mr Sloan I have always been honest and have done the right thing and if I was in your shoes I would forgo my raise and give it to my team members ask my executive to leave then resign.

I had a WF manager try to reduce my bonus because i exceeded expectations and therefore he didnt want to pay me money and offered me food to eat instead. For real. WF has a lot of freakazoids and perverts.

For the last several years we’ve gotten 1%-1.5% raises. We’ve been told there’s intense pressure to control expenses and that’s all the company can afford. Now we know senior managers see us as s---ers!!!! How could the board approved such substantial pay raises in a year where WF continued be fined, multiple consent orders, and terrible reputations management? There’s absolutely zero accountability at this company. I’m concerned the longer I continue to work for this place, the more tainted my reputation is and greater challenge of joining an ethical bank.

35% increase? Those of us in the trenches were lucky to see 2%. Nice to know that he doesn't have to work 2 jobs to keep the lights on and food on the table.

And they weren't fired but got a raise how dirty qas that?