Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Got an exceeds and only went into office 2x last year

Feel bad for those on team that went in 2-3x weekly and got meets 🤷‍♀️. There is zero standard when it comes to these reviews. I got a meets mid year and exceeds in final. A co worker got exceeds in mid year and meets in end of year and didn’t get... — read more 

Take severance or retire w/bemefits?

Laid off, in 60 day period (still employed). Should I proceed w/taking severance or turn in my resignation to get WF medical benefits under retirment plan? (I meet the age + 10 yrs. tenure requirement.)

Pay

I see a posting for my friend. It just shows a pay range. Nothing on bonus percentage. Does this mean the pay range includes the bonus or the bonus is totally discretionary is not included. Wish there were additional data on bonus in the job... — read more 

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| 1630 views | | 9 replies (last January 31, 2023)
Post ID: @OP+1kUFnrhl

RTO mandates

Get ready folks. The hammer is coming down regarding RTO. E-mail coming out Monday on requirements and what will happen if requirement’s are not met.

Consolidation in Des Moines

Just got word that all non-customer facing employees in DSM are being "consolidated" (crammed) into one building. DSM currently has over 12,000 WF employees. How do they expect to fit that many people into one building? I'm afraid I already know... — read more 

Charlie not taking a raise

Surprised not to see this on here yet. I guess it doesn't fit the "I hate Charlie" narrative. Maybe Charlie is finally coming around.

Sad Story

One of the first guys i worked with at the bank was an old Asian guy. He retired 4 years ago, our group even had a retirement party for him. This guy pushed himself, worked 9 hour days, was online over the weekends, didn't take PTO when things were... — read more 

Secret Tracking System - They're Taking Notes About You

Upper management tracks notes about every individual, especially if the notes are about certain topics of interest at the time. When you talk to your manager, they take notes about what you say. Even in other meetings besides your 1:1, they'll note... — read more 

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| 3660 views | | 25 replies (last January 30, 2023)
Post ID: @OP+1kTu7KJI

Bonus Income Tax Withholding

Anyone know how to adjust Federal tax withholding in Workday? More specifically, before Trump changed tax laws we were able to adjust federal exemptions for any given pay period. In turn this adjusted the tax withholding. The reason I ask is... — read more 

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| 2180 views | | 9 replies (last January 27, 2023)
Post ID: @OP+1kTOzpF1

Back to serving customers

Charlie sounded an awful lot like Stunpf and Sloan in the town hall with “serving customers”, a rerun to the old days upon us?

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| 1330 views | | 9 replies (last January 28, 2023)
Post ID: @OP+1kS76yUo

Promotion in 22’ same bonus as prior

I interviewed for an internal position and was hired at the time I was told that the bonus would be $46,500/~25% by HR (over the phone). I received a Meets on my review just got bonus figured back today and got 20k the explanation give was bonus is... — read more 

Lay off on loa?

If I’m on loa right now, how do I get notified of a layoff? Do they just wait until I’m back, call, email? surgery and just want to know if I should be worried about getting any notifications from management?

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| 1140 views | | 4 replies (last January 27, 2023)
Post ID: @OP+1kSPP8WD

Bonus Delay

I've been informed that bonuses are delayed due a Workday issue. Anyone else experience that issue. HR indicates that it will be paid on 2/17

The goal is to drive attrition

I don't know many people who are satisfied with their merit raises - if they got one in the first place. I think this is intentional. I think their main goal is to drive attrition to reduce the number of needed layoffs and save money on severance... — read more 

Raise, Bonus, Your Org, Thoughts - I'll start

Raise +1% Bonus .92% of Target Tech Thoughts; Inflation this last year was at least 10% more like 15% so i'm taking a huge 9% to 14 pay cut. I will be looking for new job at another bank or financial. Bing Ling didn't come through and Charlie is... — read more 

area 000 gets screwed again

I know Iive in a high cost of living area like new York and as a result I get much less of a merit % increase so those lesser paid folks in places like Des Moines can get more money even though they have better cash flow than I do.

5 percent increase

Now that Merit raise time is behind us. Are we going to get the 5 percent and/or rsr’s? Does anyone have insight on this? I was thinking with all of the talk of people leaving after getting their bonus that this may be the companies response to keep... — read more 

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| 2360 views | | 6 replies (last January 26, 2023)
Post ID: @OP+1kSx8dlN

Any word on layoffs on 01/26

Has anyone heard any rumors of layoffs for tomorrow? I know they are coming just trying to brace myself

Clown hall feedback

Mr. Schart, what you’ve just said is one of the most insanely id--tic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is... — read more 

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| 2340 views | | 4 replies (last January 29, 2023)
Post ID: @OP+1kRdFw8V

Mixed emotions

Received my compensation numbers. More than expected actually. Good bonus and good merit increase. Layoffs are still in the back of my head. My dept is extremely slow right now. We are basically not doing anything and we’re just waiting to start on... — read more 

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| 2710 views | | 8 replies (last January 26, 2023)
Post ID: @OP+1kRYE6oy

Waaaa,waaa I got inconsistently meets and no raise

I busted my azz at WF for years and got Meets and Exceeds and still got 1-2% raises, far less than I deserved for doing a good job. For those of you who didn't "meet the bar" and got below Meets, and no raise, go find another job. For those of you... — read more 

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| 2480 views | | 7 replies (last January 26, 2023)
Post ID: @OP+1kRzPa6i

Nadeems Org gets no raise

So the bar was raised to make Meets and anyone in Nadeems org who received an inconsistently meets received NO raise. What a crock. I hope WF gets blasted in the media for not giving raises during super inflation. No one will come here if it gets... — read more 

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| 2280 views | | 9 replies (last January 26, 2023)
Post ID: @OP+1kRweOWz

No merit increase due to taking a new role.

I moved into my role early 2022. I was told by my manager it was a company decision to not give a merit increase to people who took a new role in 2022. They said the department has no control over it. Is anyone else hearing this same thing or am I... — read more 

Equity Review

Curious to know how many received an increase as a result of an "Equity Review"???

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| 2460 views | | 6 replies (last January 25, 2023)
Post ID: @OP+1kRvOj1y

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