Example , say your yearly employment anniversary is Dec 17 And you are laid off Oct 20. Does 401k match and severance pay (2weeks per year) calculated on day of layoff or after the 60 days. So in the above example after 60 days on Dec 20 , do you... — read more
National Branch Network Pay Raise?
Colleen Canny sent out an email today saying “we are increasing base pay for more than half of our branch employees”. Does anybody have more details on this? What positions does this apply to? What much is the increase of base pay? Thank you,
P3,P4,P5 salaries
With salary ranges provided for various job levels at the bank, how much is HR going to offer candidates whether it is an internal transfer or external candidates?. How much should you negotiate for?.
Opinion 8/20 response
Can not confirm or deny Sounds like I’m out. Only been here a short time. Midwest remote location
Another lawsuit (shocking)
Wells Fargo class action claims consumers charged fee for depositing bounced... — read more
Re-org, 1 Year
If a re-organization occurs and someone reports to a new manager, does the one year (you know...the blessing of posting for other positions after one year in a position) start over?
In office time- saturdays?
If we normally work Monday to Friday but come in on a Saturday to catch up on work, does that count in reporting for a day in office?
Only a matter of time before the scandal hits with the fake annual employee reviews
Designed to drive attrition. Managers are asked to fabricate aka calibrate reviews to drive out higher compensated employees in non-hubs.
How much does Tracy Kerrins make?
https://www.wellsfargo.com/about/corporate/governance/kerrins/
Is Sioux Falls center staying open?
Heard through the grapevine that Sioux Falls is no longer on the list of locations being closed. Anyone have any insight?
Anyone ever taken a demotion? For example going from a P4 to a P3 etc.
I am currently a P4 but not feeling good about the position I am in. There is a P3 role req open that I am interested in. Would my current salary decrease if I switched roles? Or would it stay the same similar to a lateral move. I'm not looking for... — read more
How much in savings?
How much saved up as a single guy to not give a single sht about getting laid off or not? 400k good?
How to deal with Wells Fargo managers that don’t manage
Because many of them … can’t … or won’t? (Either) from one who has done it successfully elsewhere. They want to micromanage or tear your drafts apart for no real reason? Ask them three questions for every one of theirs and then ask for a meeting... — read more
Onshore vs Offshore
does anyone know the onshore vs offshore numbers for Wells, BofA, Chase, Citi, Truist?
Pay raise ?
I came into work today and was told that the company has re-evaluated the pay and I will be receiving $1.35 more an hour. Has anyone else had a similar situation?
"Location Strategy" is to get rid of people.. We have too many employees..
Posting this again because people are not getting it... We have too many employees.. Our revenue per employee is $315,653. Compare this to: Citi - $ 352,829 Bank of America - $472,697 JPMorgan - $595,886 Morgan Stanley -... — read more
Joining Union
Am joining Union. You should as well.
Global Employee Survey
What would happen if there was a drastic decrease in participation to the employee survey? It can’t be worse than their non response to honest feedback. I hope everyone just ignores the survey. Its a waste of time.
The inanity of location strategy
I can't be the only one being driven slowly insane by the dissonance between location strategy being used as rationale for the largest layoffs I've ever seen in my time here, and managers at the same time cheerleading the value of working together in... — read more
Lump sum or bi-weekly severance?
Should we take the lump sum? What's the down side?
Switching jobs internally would my manager know on workday
I am interested in applying to this job internally and was wondering if I applied for it on workday, would my manager know that I am looking for another job internally? I am afraid if I apply and don’t get that job that would give my manager a... — read more
Charlie switching on god mode
Game is about to get real. 8/20 will be a massacre. Mark it.
Ultra layoffs 8/20
It will be the biggest wave ever.
Wave2 layoffs for Tech under Head of IT August 20th...
WAVE2 for Tech is August 20th... These will be no notice layoffs. That is, you will show up to work, a meeting invite will show up on your calendar at some point, you will join the meeting and will be told that it is your last day. Access will be... — read more
cant sleep
been at Wells Tech for 7 years, and I’ve never encountered a layoff situation like this before. I rely on this job to provide for my kids. What are my options?
Tech Location Strategy Wave 2
Can anyone comment on location strategy wave 2 under TK/Bridget - when will it be complete? And then, is that it for the year? Location strategy only, not efficiencies. Thanks.
Volunteer for Layoff
I know couple people who volunteer for layoff and were laid off. But I read on this forum many times that you can not volunteer. They indicated to their manager if layoff come up - they should choose them first. However, my take is even if they do... — read more
Senior Leads doing minimums
I have worked with some Sr Lead Data Mgmt analyst and can barely prepare PowerPoint slides, write any excel formula or do data analysis. I just see them to be a low skill PM whose sole job is to schedule a meeting and send notes. Most of these folks... — read more
The core problem of Wellsfargo
The management teams of Wellsfargo are deeply corrupt, conspiring to intimidate those who are not within their inner circle. They are long-standing folks who bully newcomers. It has been Wellsfargo culture for decades. To truly reform the company it... — read more
Performance Reviews - Manager Decision Or Not?
I was speaking with some co-workers about performance reviews. One stated that she received an Inconsistently Meets. Per the employee, her manager told her that she tried to fight for her to get a better rating but she couldn't convince "them". The... — read more
Senior livings
What’s Wells life? It is a luxurious senior livings sponsored by Americans’ deposits. Wellsfargo employees can comfortably retire.
Location strategy
Remote engineers are panicking. The organization has become a Hollywood movie industry. Everyday you see remote folks pretend hardworking. Email flooding with no significance. Folks continue pretending and faking.
Tech hits coming Oct & Jan
To all of my tech brothers and sisters, do not despair. You have location strategy coming plus maybe a bonus round in January. Hang in and make them pay!
Why not improve management instead of having high turnover of people?
I know hiring and firing is the easiest way. But this whole place is such a mess, with so many needless procedures and paperwork, barely competent mid management (who also love to breathe down our necks as if they have nothing better to do - which... — read more
Email from Bridget’s on Tuesday
I thought that it was weird to get an email from her almost 2 weeks ahead of her starting date. I’m not sure what to think about it. Sounds to me that she already had a plan of actions and will not spend much time on getting to know her new... — read more
High focus on reducing costs
Is there really no other way Charlie can think of to improve our numbers? Is he really a one-trick pony who only knows how to get rid of people to make the numbers look good for a quarter and then he keeps repeating the same move over and over again?... — read more
Hagerman off to be CIO at Truist
Well just made the press. Or I just read it. Good for him , since he wasn’t given an opportunity here it’s good he got a CIO role elsewhere. Hopefully Truist isn’t so bad that it churns and spits him out. I am sure there are folks he will take... — read more
Am I eligible for any Bonus?
I was a P5 and then displaced in May'24. Mid year review was inconsistently meets (no brainer as I was already displaced). I am rehired as a P4 now. Any chance I will get any Bonus this year? or is it lost cause?
JP Morgan giving 60K employees an AI assistant -- when will Wells do this? Are you being left behind?
https://www.msn.com/en-us/money/companies/jpmorgan-chase-is-giving-its-employees-an-ai-assistant-powered-by-chatgpt-maker-openai/ar-AA1ovVGm I heard tech was affected and that this was given to TK to do.