Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Where would you consider transitioning

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 

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.

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| 1700 views | | 8 replies (last December 18, 2022)
Post ID: @OP+1kdaMJDj

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?

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| 1300 views | | 2 replies (last December 18, 2022)
Post ID: @OP+1kdsWmMH

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 

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| 1170 views | | 4 replies (last December 16, 2022)
Post ID: @OP+1kdT2wnr

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 

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| 1150 views | | 1 reply (December 16, 2022)
Post ID: @OP+1kdD5Pq0

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

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| 840 views | | 3 replies (last December 16, 2022)
Post ID: @OP+1kcxpoDd

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!

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| 1540 views | | 8 replies (last December 16, 2022)
Post ID: @OP+1kcZTpTx

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?

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| 1640 views | | 9 replies (last December 17, 2022)
Post ID: @OP+1kcK8fFr

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 

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| 2260 views | | 8 replies (last December 16, 2022)
Post ID: @OP+1kc3Csn8

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

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| 1430 views | | 3 replies (last December 14, 2022)
Post ID: @OP+1kbz5Y2o

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!

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| 2070 views | | 5 replies (last December 15, 2022)
Post ID: @OP+1kbgKkQt

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)?

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 

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.

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 

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 

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| 1480 views | | 6 replies (last December 13, 2022)
Post ID: @OP+1kaZvpgt

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 

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| 1390 views | | 5 replies (last December 13, 2022)
Post ID: @OP+1ka1znep

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 

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| 1100 views | | 6 replies (last December 15, 2022)
Post ID: @OP+1kaaf3Wc

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 

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| 1320 views | | 10 replies (last December 13, 2022)
Post ID: @OP+1k9ZEsRi

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