I'm a CSBB employee and location strategy is coming quick...There are roughly 37k non-customer facing employees in CSBB 3k are remote an I would estimate 10-15k of them are on the chopping block for forced relocation or severance as CSBB is spread... — read more
Paranoia- comp call tuesday morning
I thought I might get comp #s yesterday. Didn't get them today, but call call invite sent around 4pm today for Tuesday morning. Am going to get shafted or am I just paranoid....? 3rd year at Wells but 1st year w boss...
HR directive said Bonus can be same or slightly more than last year
So how the heck can you go from 10k to 20k? Seems like you're stuck
Allspring Global Investment Layoffs coming
Why bother when CEO is never around? Why bother when business is crashing? Why bother to hire when it’s only short term? Why bother to show up on Squawk Box? Why bother to expand when it’ll go under? Why bother to be fake? Why bother to pretend it’s... — read more
Meets but bonus less than last year?
Anybody else?
Vacation days at quit date
I know on teamworks they say accrued time off not used when you leave gets reimbursed to terminating employee. I plan on taking floaters and personal days before I quit. I am an exempt employee, do exempt also get refunded unused but accrued or... — read more
Rating system
Can someone explain the ratings system? I was under the assumption that it was Needs Improvement, Meets and Exceeds. I just heard there are two more, Inconsistently Meets and Consistently Exceeds? Is this true? I have searched teamworks and I... — read more
What is the difference between Business Accountability Specialist and BEC?
Are these jobs immune from layoffs because I see a lot of job postings for them.
RSR and lay offs
Any one know if people being laid off got RSR? If you get RSR does that mean you are on the layoff list?
$1000 cash payout
Surprised I didn’t see anyone already discussing Charlie’s announcement. Obviously an attempt to appease the disgruntled folks unionizing, but I’m not sure a one time payout will actually address the problems in the branches those folks are upset... — read more
Inconsistent Meet Bonus/Raise
So I got an inconsistent meet for mid year and year end based on a lighter workload then my other team members and received a 10% bonus with no raise this year. Can anyone speak to if I can apply for other roles with this rating? It's documented that... — read more
What the heck!?!?!?!
2% increase. Why bother. After years and years, and I mean a lot of years of service I get a 2% increase?!?!?!? I guess they figured we’d give them titles this year instead of a pay increase. Wow! Way to make me feel valued WF.
Wells Fargo’s $6.5 Million Settlement Gets OK in Wage, Hour Suit
Wells Fargo Bank NA‘s $6.5 million settlement of class action claims by the lender’s California employees won final approval in the Central District of California. The settlement, approved by Judge John A. Kronstadt of the US District Court for the... — read more
PIP document-dont agree with it.
There seems to be no substantiation to put me on PIP. Perhaps I could claim retaliation for age over 40 (Texas)? What happens if I don't sign it. Will I be terminated with no severance?
What the F am I doing?
I have so much experience, but I had to deal with my husband dying and dealing with his sickness of cancer for so many years and I’m finally getting back to realizing the world and where I am! Wells Fargo served me good for about 15 years I think... — read more
Risk Managers given lower titles than their direct reports
External officer titles have been updated today for risk-anybody else have directs given higher officer titles than yourself? How do you explain that?guess nobody cares about external titles but then why make a big deal about updating it and... — read more
Tech layoffs Yesterday
Group got hit with some tech layoffs yesterday. But we don’t want to talk about it so maybe you won’t notice when some of your team shows the Zz by their name! Guess they don’t care if the delivery date moves.
IT&V?
Can someone who works in non-tech IT&V functions give me an example of the type of task you have complete on a day-to-day? What is the process from end-to-end. How long does your test take l? Please d-mb it down for me. My site is closing in 2025... — read more
Bonus
If your rating was meets, what percentage was your bonus?
401k contribution. When can it be put back?
Had to set to zero to capture the bonus cash
BEC what did merit and bonus look like?
Salary transparency is a good thing! Who is willing to share? Merit 2.5% Bonus 13k
Thoughts on Des Moines?
Now that it's official that Des Moines isn't long for this world as a WF hub, what are everyone's thoughts? Good or bad for the company, and why?
Guy with the same name as me got zz'ed
Any chance some internal systems may have me inadvertently impacted?
Bonus for the displaced??
I understand that you're eligible if received the notice after 9/30. But does that mean you're actually getting one? My old manager has stopped responding to my emails since November.
UX Layoff
Anybody know anything about the entire Ux team being let go overnight?
Has comp been released yet?
Are the numbers out yet? If so, do tell! What is your LOB, merit %, and bonus.
Bonuses
With bonus info being given out starting today, what's the word on them? We were told ahead of time to expect them to be smaller. How much smaller are they?
Compliance to RTO after CSBB announcement
CSBB location strategy was announced last week. Remote workers without medical accommodations should start to Return to office. Didn’t see any time frame on when this should be executed by. My manager advised to just hang tight until I get a... — read more
Tech is such a mess
Literally the most important day of the year to have tech running and we can't even access workday? For Pete's sake. But don't worry guys, crack support teams are working on it! 😐
How many were laid off so far this year?
January is not even over and we know about several small rounds that took place already this year. And that's only the ones we know because people from those groups post here. Who knows how many happened that we don't even know about. This is going... — read more
SVP talk of RTO "solidarity"
During his recent AMA (Ask Me Anything), SVB said everyone near hub and w/o medical accommodation is reqd. to come in min. of 3 days per week. That's a lie. And he's the one who authorized special WFH arrangements for tech support staff. I know of... — read more
What you have to look forward to if laid off or leaving
I left Wells already, and am gainfully employed. I was interviewing for another job this week (that I wasn't all that enthusiastic about to begin with) and the interviewer mentioned how great of a company WF was and asked me why I left. First, I... — read more
Need New Blood - Middle Management Leadership
Most of the recent middle management changes within the LOB I am in are filled by people with 20, 25 or 30 years experience at Wells Fargo. This is literally rearranging the deck chairs on the Titanic after the ship strikes the iceberg. These... — read more
Things don’t get better
Been at Wells Fargo for almost 4 years now. Moved departments 10 months ago to a new department thinking that it would get better but my new boss is a super nice but has no idea what is going on and is a lost soul. She has no idea what her upper... — read more
Location Strategy, ADA, and Work from Home Accommodation
For anyone with insight... I work from home with a health accommodation. While I did not claim a disability, my health issue is an ADA protected condition (it's legitimate, not taking advantage of the situation here). I work about 20 miles from a... — read more
Cash award
1 time cash bonus for people making under 75k. That’s some bs! The rest of us get sc--wed. I don’t make much more than that and will get nothing.
PIP
I was put on PIP todays(rating 1). I was told my manager and he will be in a call next week. They mentioned it's a 90 day plan. I assume if I get terminated after 90 days, I won't get severance.? Will I lose all benefits the day I get... — read more
2024 Benefits Book is out
Sorry trolls, no significant changes to the severance plan. Guess you'll have to find something else to nag us with.
Layoffs today?
Does anyone know if there will be layoffs today?