Thread regarding Wells Fargo & Co. layoffs

This years pay increases

Just curious, what’s the percentage of your yearly increase? It’s been 1-2% for many too long which isn’t even keeping up with COLA.

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| 1187 views | | 7 replies (last February 7, 2019) | Reply
Post ID: @OP+XscQDfL

7 replies (most recent on top)

1-2% is standard in the mortgage industry right now. I have colleagues who are with other banks and they see seeing the same thing

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Post ID: @3ksn+XscQDfL

1.5-2.0%

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Post ID: @1vsw+XscQDfL

They want to ensure more leave, given the 1% or less raises. After bonus payout (if any), watch the exodus. It's truly disgusting how execs get exorbitant bonuses, etc., but lower level team members can't even get cost of living raises.

Total disrespect for employees. Can't even treat them with respect, honesty, and dignity.

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Post ID: @1dar+XscQDfL

They might steal your bonus so no pay increase

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Post ID: @1klc+XscQDfL

-100% for 26,500.

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Post ID: @1vtj+XscQDfL

I’m sure it will be 1-2% while the executive team will continue to add double digit bumps to their pay

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Post ID: @1jkw+XscQDfL

Average across the board for Wholesale is 1%

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Post ID: @fnf+XscQDfL

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