Can anyone share how your annual merit increases and bonus are impacted by the various review ratings - specifically Meets, Inconsistently Meets, Needs Improvement since Exceeds and Far Exceeds appear to be off the table.

Capital One laid off its entire Agile team (1200+ positions). I wonder if we are next? Of course, Capital One is not Chase so I suppose we are safe until Chase does something like that.

Something to do with technology- not sure if it was operations or what - managers are scrambling.

Did anyone get their W2 from WF for 2022 yet? They sent me an email with a workday “temporary password” but of course it isn’t working

Between layoffs, RTO, issues with raises, so much bad publicity, and so many other negative things I'm getting burnt out and overloaded with bad news.

Something to consider when they give you that measly "merit" increase - i can promise you it wont be 20% And this is in SPITE of record fines and the asset cap STILL not lifted. Wells Fargo gives CEO Scharf a 20% pay boost to $24.5M Dive Brief: ... — read more 

My office is so dusty and the carpets are filthy and smell like mildew…. Pretty sure the flex cubicles do not get cleaned with each use either. Vents are old and we hear the whirring all day and it’s so dry in the office im getting nosebleeds And... — read more 

I was in the area of WFA’s headquarters in St. Louis on Market Street yesterday. What a ghost town, absolutely no cars in the parking lots or people walking in the campus areas. I stopped for lunch at one of the very close by restaurants who said... — read more 

Well, well, well…was just watching a YouTube video (Relax! It’s before 7 here and I’m holding off starting my workday for a few more minutes) and an ad came on for Wells Fargo Early Pay Day. For “eligible” direct deposits, you’ll get access to your... — read more 

They’re always looking for ways to nickel and dime us and laying people off to ‘cut cost’ so why not just sell off the hundreds of offices that are sitting empty? Every building I go into is nearly empty and in need of repairs….went into the office... — read more 

Worker Bee Get up, coordinate with spouse to get the kids to school. Walks 15 blocks to get to work because the subway is no longer feels safe for her. Gets to the office and looks for a cube finds one but of course it is dirty so it needs to be... — read more 

My manager suggested that a company wide announcement related to changes to current RTO policy to come. No suggestion as to whether it would be More flexible than the current 3/2 model or more time back in office. Has anyone else heard anything... — read more 

Ignore what's been threatened or what could happen. Has anyone actually been directly terminated as a result of not going in when they were told to?

This bank fails at banking. https://files.consumerfinance.gov/f/documents/cfpb_wells-fargo-na-2022_consent-order_2022-12.pdf

We are approached year-end review next friday, but i have not had my year-end until today. Should I be concerned about my job security (already tensed!)?

This would be devastating to shareholders. The heavy hand of govt up these executives azzes would drop earnings to $0.00 overnight. Hsu and the OCC use a four-level escalation framework that decides whether a bank should be broken up. Issue... — read more 

mean

https://www.business-standard.com/article/companies/air-india-bans-ex-wells-fargo-exec-shankar-mishra-for-four-months-123011901334_1.html Air India has named former Wells Fargo executive Shankar Mishra, who is accused of ur!nating on a co-passenger... — read more 

It’s startling to read all the ways Wells Fargo has harmed their own customers. It can be only one of two things: INCOMPETENCE or THEFT. (Or both.) As part of a $3.7 billion settlement, Wells Fargo has agreed to pay more than $2 billion... — read more 

Who is actually even going to bother signing on or showing up?

Just curious if you were told if not being in the office 3 days a week had any impact on your pay/bonus?

Wells Fargo might owe you money—here’s how to get it If you had a Wells Fargo account between 2011 and 2022, you might be one of the 16 million customers who qualify for damages, says the Consumer Financial Protection Bureau... — read more 

Is that my dog is happy to see me when I get home. That’s it. I went in yesterday for the first time and have never seen more miserable people in one place at the same time.

Problem cited: employee retention and very low morale. Option vest / salary increase only to those who meet expectations Probably announced later this month

overheard in NY - 2 wells execs at a bar They were joking "Maybe we should just cut 10 thousand" other guy - "No no no - TWENTY thousand" laughing their a$$ off.... The first guy got up on the bar "HEY EVERYONE - WATCH THIS!" pulled out his... — read more 

Laid out in the tech manager call Managers regardless of hierarchy in 3x weekly Non agile workers follow 2/3 model All of this will be tracked back to performance goals. Holidays and PTO count toward meeting your weekly quota. Oh and “be thankful “... — read more 

And for those who are bonus eligible, would you in turn expect that Exceeds rating to translate to a dramatic difference in bonus amounts compared with peers rated Meets? At what point would the theoretically higher bonus (targets not guaranteed, by... — read more 

With the recent developments about the mortgage division, I was wondering if anyone knew what impact this had on Wells Fargo mortgage workers in India? Are they still keeping all their jobs or are they shutting it down?

What to do if you are treated unfairly by Wells Fargo or another financial company If you’re having a problem with a financial institution, first try to resolve it directly with the company. They can generally answer questions unique to your... — read more 

So we want to be inclusive but we are ignoring the one benefit people want. WFH helps diverse people stay employed longer and happier. Show me someone who wants RTO and I will show you a rich able-bodied white guy who has someone else taking care of... — read more 

why do they always do it on Thursdays?

Can you get promotion based on years review as meets? Or must Exceeds or above? My manager said she has not seen any exceeds for many years.

despite all of the nonsense on RTO and remote work and the pain a manager has to go through to hire someone who is a telecommuter it all boils down to who you know and who your boss is. have someone on my team who as very little work experience but... — read more 

https://www.cnn.com/2023/01/18/business/citi-work-from-home-jane-fraser

Upvote if you are supposed to be in 3 days but have not gone a single day since last March. I have probably gone like less than 10 days.

Last year, for those that were bonus eligible, or managers with the information, how much does having a 2 rating (inconsistently meets) affect the bonus, versus having a 3 rating? Thanks

But track shots in HR.. https://www.cnbc.com/2023/01/17/wells-fargo-downgrades-pfizer-to-equal-weight-citing-need-for-covid-reset-.html

https://www.wsj.com/articles/too-big-to-manage-banks-may-face-breakup-top-regulator-says-11673982801

Any way district managers will know raise information before the 25th?