Switching to lab tests in Feb. I presume the intent here is to require more expensive testing before transitioning from company-supplied to employee-supplied to coerce compliance? We shall see.
Jamie Dimon got a $3 million raise in 2021
Jamie Dimon got a $3 million raise in 2021, JPMorgan Chase disclosed in a filing late Thursday. The raise boosts the pay for the CEO of the nation's largest bank by 9.5%, to $34.5 million. The pay package includes a base salary of $1.5 million and a... — read more
CEO Town Hall Posted
Now available on Wells Fargo On Demand, unedited with cult comments and all.
Most insane story I’ve read about us….
I was surfing the interwebs to see if anyone leaked the $hht show today and stumbled upon this gem. I’ve never read such a crazy story about wells and know it has nothing to do with layoffs. Had to share. You’re welcome!... — read more
Can't wait for the next town hall
There's nothing better than being lied to, gaslit, and constantly patronized. Good times.
Anyone else expecting a Jelly-of-the-Month Certificate in lieu of a bonus?
Starting to feel like TVC (total variable compensation) is just a fancy way of saying everyone’s getting jack squat this year…
45K New Hires
Did we hear that right in the CEO Town Hall? What are all these hires going to do?
Corporate Risk
Good thing we get those follow up reminders on how to click a link to get a meeting invite. We are not children, stop treating us this way.
Being and employee and a Relator at the same time
I’ve been Wells Fargo going on 19 years… With all the chaos going on the last couple years I decided to get my real estate license more as a back up. I’ve yet to use it despite several opportunities because I know it’s against the COE unless you’re... — read more
We should re-brand Teamworks to Cultworks™ and Microsoft Teams to Microsoft Cults™
Should this go in the new suggestion box?
“Cult” team member v employee
Anyone listening to Charlie. Just stated coming to WF was cultish due to the term team member and being a team member is not inclusive and more of a sports reference. It was a horrible rant and very unprofessional.
Off Shore Roles in Job Postings have Watered Down Qualifications Compared to US for Same Role
I have been actively looking for a new role at WF for over a year. As we all know we have been challenged with the "HUB" locations rule, and the AGILE/Journey transformations along with very rigid US qualifications for key roles - like Product... — read more
Money CAN buy happiness
I was miserable at work for years with minimal raises, horrible bosses, a toxic environment, and everything else we have to deal with on daily basis. I was ready to leave. Then six months ago I got a promotion with a huge bump in pay. I still have a... — read more
Wednesday deposits
For those of you that normally get your paycheck Wednesday night, have you received yours? I’m wondering if it will be delayed due to the holiday.
Big U.S. banks see higher expenses from workers' rising wages
Full article below. Interesting comment here tho: **Wells' Chief Financial Officer Mike Santomassimo said last week the bank expects a $500-million increase here in wage and benefits-related costs in 2022 on top of the normal level of merit and pay... — read more
Forgot to sign up for flex spending acct
Is there an exception process, i missed this on the signing up. Is there some sort of qualifying event i could make up so i can add it? Help me out bros
Covid sick days?
How is it that we don’t have extra sick days due to covid? People are working with covid from home which isn’t efficient and other people have to half watch their kids and work at the same time. No one wants to take PTO to be sick.
Bonus when transferring?
I've read the plan document about this but it's still unclear to me. If someone transfers from one job to another within WF midyear, and both jobs are bonus eligible, how does that work for the payout? This is assuming the old bonus targets (which I... — read more
Remote is not the answer
It will ensure we lose our jobs to cheaper labor from overseas. Let's face it, we can get into the office, and they can not! Be careful what you wish for because you just might get it, and then be on the street.
Do Sr Exec have back door access to HRWELLS?
Otherwise this cluster would be different
When is the next employee survey?
We need to ask this question at every town hall or all hands meetings. Time to force the question and give leadership our thoughts at all levels how things are being run. My guess is they will not be positive.
Why is leadership not worried?
From what I can see, attrition has never been worse. We don't have time to backfill positions before more people walk away. I only have anecdotal evidence, but it's hard to believe that my team and location are for some reason different than the rest... — read more
Hiring gridlock, what will our recruiters do now
https://www.forbes.com/sites/jackkelly/2021/10/13/a-worker-shortage-and-companies-refusing-to-offer-job-candidates-remote-and-flexible-options-lead-to-stressed-recruiters-and-hiring-gridlock/?sh=5ed88c3c3ea6
Onboarding New Roles India/philippines
Now it’s happening ! Now the on boarding has started In India now. when are layoffs happening???
BORING!
Anyone got any insight to when the firings will start? Is everything on hold until 2/4? If so, how soon after that does the axe start to swing?
No raises for promotions (over 200K)
Has anyone here heard that those employees making over 200k wont get a "promotion raise" this year?
A Good Way to Say Goodbye After Quitting
What's a good way to say goodbye to the wider group after I quit?
Retention Bonuses
These need to start or attrition will continue. The FAs are older - get a clue they want a final huge check before they retire to set up their retirement home.
How do you know if you get promoted or not?
When do you get notified if you get promoted? Is it during the performance review talk? Is it during the compensation talk? Like I have no idea how it works here at WF
This says it all
Warren Buffett missed out on $10 billion in gains by dumping Wells Fargo stock — but he probably doesn't regret cashing out "Given the numerous controversies clouding Wells Fargo's outlook, Buffett might be happy to have cut ties at a cost of $10... — read more
Offer me proper pay, damn it!
Why are banks still lowballing people when we all know they're desperate for employees? I want to leave WFC more than I can say, but the pay I'm being offered is a joke. If you're wondering why there are so many people on this forum complaining but... — read more
Customer Service Email
hi is there an email for this?
SVB Wanted a path for technical staff to grow...
and so the PE (Principal Engineer) and DE (Distinguished Engineer) positions were created. Yay....!!!! Right? Not so fast... What I've seen is that instead of being promoted, we are having to apply for open PE positions. How is that a promotion?... — read more
Be Honest
For those looking to leave Wells, what will make you stay?