If you wanted to leave banking and that’s all the experience you have for 15+ years now? What industries would you consider? Just curious. I’m so tired of these banks, big ones at least. Tired of the sham CEOs, toxic culture, and being treated like... — read more
Mortgage processors required to go back to office
Direct manager stated higher ups said mortgage is required to rto in 2023. No formal announcement has been made as of this writing.
401k rollover
Are we able to rollover 401k monies into an IRA while still employed with WF? The investment options working the current 401k is pathetic.
When will we see the 401k deposit match?
Will it be Jan 1 or are we looking at a few months?
401K Benchmarking Exercise - Assistance Requested
I currently work at BNY Mellon. Our CEO recently announced a change to the 401K plan. Currently our company match (max 7%) is implemented each pay period. Starting in 2023, the match will be paid at the end of the year (actually, three months after... — read more
Analytics roles
I see a lot of Analytics roles that look like they could pay $160k plus bonus in Minneapolis. Any insight on these roles in Risk and Audit? Would you recommend these roles? Is $160k plus bonus realistic for these roles?
Learning that RTO policy seems to be different for every org…..
Our team has been pretty flexible. I try come in once a week or so. No word about it impacting bonus or performance. Same with my general org. Never realized how different it was for other teams until I saw all the posts! Hardly ever see anyone... — read more
Truist, Wells Fargo, Bank of America fare poorly in customer satisfaction report
The three largest banks in North Carolina — Bank of America Corp., Wells Fargo & Co. and Truist Financial Corp. — are at the bottom of the 2022 J.D. Power rankings for overall satisfaction with national and super-regional... — read more
Why not add more flexibility options
Why not have an option for 1,2 or 3 days a week and/or special meetings. More flexibility. To say 3 days a week across the board just does fit for everyone that has teams spread across country. Why not trust employees to choose a fit that is best... — read more
If they want to cut your bonus they’ll find some excuse to do it
Seriously people are too focused on RTO affecting bonus. Just look around you how many people are actually coming into the office? If you been with the company for a while you already know bonuses are always being cut and are seemingly random. Last... — read more
RTO is never going to be enforceable
There was a push to get everyone back in the office this year and it just didn’t happen. I think people came in for awhile, realized that no one else was in the office, and stopped coming back or decided to just come in once in awhile to check things... — read more
I am quitting this site for 2023
Piece out homies
2023, the year of RTO tracking
3 and 4 down managers received notification and reports of their RTO compliance rates. 2023 will be a year of tracking and enforcing RTO. People managers are required to be in office 3 days per year or face discipline. Technology individual... — read more
Is WF a safe bank?
Study says no. Gold Seek: Is Your Bank Safe? A Look At Wells Fargo. https://goldseek.com/article/your-bank-safe-look-wells-fargo
Open positions with no salary range included
Lately I am seeing some positions with the pay range area blank? What the heck? It’s bad enough that you have these huge ranges but now they are just leaving you guessing completely!
India has more benefits than you do
Remember - India workforce gets: Free healthcare - not just for them, but their kids, spouse AND extended family BONUS for training credits - skills are pushed - more training, more bonus Free transportation Beds in office to take nap whenever... — read more
Branch incentive pilot
Manager call was today. Any insight on what this looks like for the retail branch?
Dates to Remember
Reviews come out in mid January Compensation and Promotions come out end of January Possibly, reviews can be delayed to do them with compensation. You probably may know about a promotion before it happens. So quit flipping out if you don’t know... — read more
Why do you work at such a poorly ran and managed company?
Scandal after scandal, fine after fine, news headline after news headline. They paid billions in fines for mismanagement yet ask you to tighten your belts and lay off people. No respect for employees or how their decisions impact them. A CEO who... — read more
Fully vested date?
I started in 2021 after the vesting policy changed to a 3 year period and am confused about when I’m fully vested in company match. Is it… 3 years from start date, 3 years from 401k contribution eligibility date, or 3 years from match... — read more
TI Town Hall
anyone have takeaways from this mornings town hall regarding product transformation...how do you feel about what's ahead................
Benefit survey
Make sure you take it.. ;) they are asking if pto is important to us and I don’t want to hear a year from now “we asked for feedback and… “ insert more benefit changes here
A guy who left in 2019 is back
Why would anybody want to return? Especially now that RTO is all but guaranteed? How bad must your other place of work be to say, "Hey, I think I'm going back to WFC, that's going to be an improvement!" If I found a way to leave, I know for sure I... — read more
Raises
When are they communicated? Manager is on leave so i am in the dark!
If you had your own personal work area, would you go back 3+ days a week?
The biggest hassle of RTO (other than the time it takes commuting each way) is unpacking your stuff every morning and packing it all back up again. If you had your own workspace, would you be more likely to want to go back at least 3 days a week?
Collaboration
Forced collaboration in person has actually turned me against it altogether. We get that some of you decision-makers may hate being at home or your spouse and family all together so you insist on collaborating in the office. But please remember the... — read more
HR complaint process
Any HR folks or folks that have been through this able to provide guidance on how this process works/timelines/when your manager is notified (assuming it’s a complaint against the manager)?
RCSA layoffs
Anyone from rcsa get laid off?
My Bonus section is blank
It's my 1st full calendar year with bank. I wasn't eligble last year due to start date. My manager explained last year I would be. When I logged into my pay section. I didn't see anything regarding a bonus. THE ENTIRE SECTION WAS BLANK. Does this... — read more
Empty threats about RTO make leadership look even more weak
Very few are actually complying despite efforts to get people back into the office. I am the only one in my city and come in periodically to check out the situation. I would say in the beginning more people came in and compliance seemed to be around... — read more
401k settlements are out
Well, I expected a lot more than what I got today. Once again, Wells Fargo has let me down. I been with WF for almost 7 years and got 155.00.
Independent Testing & Validation (IT&V) All Hands - Dec. 13
My key takeaway: Most of Patrick’s DRs spoke about high attrition and said their teams were 40-50% new hires or team members in new roles. They congratulated people who stayed, are picking up extra workloads and getting the work done. Patrick is... — read more
Pulse VPN - multiple drops throughout the day
Anyone else experience this? I can't be the only one, and it's pretty much everyday. Why? Why does Wells struggle so badly with something so simple? It's nothing new either. This started a couple years ago and never improved. There's no regularity... — read more
Why are we holding job fairs when people are still being laid off?
Wells Fargo holding job fair to court Bay Area tech talent Wells Fargo is holding a job fair in San Francisco Tuesday afternoon as it seeks to fill more than 50 positions in the region for executive, senior and junior technology... — read more
Who cares if RTO is tracked?
The RTO rate in my building is less than 10%. The times I came in I never saw more than 3 people on the entire floor. The parking garage is empty too. Only the new people come in and once they catch on, they start to WFH too. If only a minority were... — read more
Serious Question! Wells Scandals
It was in the news last week that 3 of the 8 (who are not great) former WF executives that were fined by OCC in 2020 got reprimanded by an OCC administrative judge who recommend that they pay their fines (like the others already did). For some... — read more
Let's pretend we couldn't see it coming...again...
In May 2020 I posted an article in the Higher Education Inquirer on the last economic downturn. It was the 27th downturn in US history. Remarkably, few could see that downturn coming, a result of the covid pandemic. More than a million people died... — read more
PTO Usage
Super first world problem here - I still have a job, so I’m happy about that BUT… I work in mortgage. We recently found out in 2023 only 10% is allowed out on PTO per day. That is 1 person per team. If another person requests, they will look at my 2... — read more
Internal Lateral Move?
If I were to move from a Lead Bus Execution Consultant to a Lead Tech Bus. Services Consultant role is it a lateral move and am I truly ineligible for any increase?
Branch Banking/Management Role
For those who work in Branch Banking, please share your truth when it comes to staffing and what you are seeing in the branches. These threads are monitored by WF as we all know so instead of using Loudspeaker and it goes nowhere, throw your... — read more