Yes, I meant it. If you look at the horrific inflation numbers, you can see that if you want to live comfortably, you will need at least 10M to retire. So I understand why there are so many deadwoods who don’t want to retire.
Stock dividends
When are stock dividends going to go back up?!? We give MMs in grants and make Billions. Our stock is back up in the $50s. When are we going to be paid a higher dividend amount?
Tech connect
I just spent 72 minutes on hold to get disconnected. Did they lay a bunch of help desk staff off or what? So now my productivity is now taking a double hit… anyone got any details? This is ridiculous…
Cleaning house and good 'ole boy/girl club
Many have seen layoffs in various groups (yes, tech has been affected. :-) ) Recently a tech group displaced two "execs". But guess what, they just hired a new leader (higher title) and guess what company this person came from-- yep, BofA... — read more
401k matching
Did anyone notice the new policy hidden in the fine print about the 401k matching?
Reason for RTO
Vishal Garg, the founder and CEO of the digital mortgage company Better.com, laid off more than 900 people over Zoom last week. He accused "at least 250" terminated staff members of stealing from the company by working just two hours a day, Fortune... — read more
As we near the end of the year, candidates to replace CS?
As this board has been pretty decisive that CS will be gone sometime in 2022, any names come to mind?
Enough is enough
I'm getting sick and tired of seeing WFC donating millions left and right while it completely ignores its employees. Some of those publicity stunts could help fund raises for employees that would actually keep pace with inflation, but no. We have to... — read more
Thank goodness WF CEO is not as heartless....
Better.com CEO Vishal Garg announced the mortgage company is laying off about 9% of its workforce on a Zoom webinar Wednesday abruptly informing the more than 900 employees on the call they were being terminated just before the holidays. "If you're... — read more
Stuff your politics!
I used to come to this site to kind of try to understand what my coworkers were going through.... nowadays it's just your typical political a--hats fuming at each other. I won't be coming back to this site again but just so ya'all know..... nobody... — read more
Odds that RTO gets pushed again?
Curious what everyone thinks… and what day we will be notified. I say yes, it will get pushed out by 12/10 and we will be back to the monthly updates.
First year analysts at Chase to start at $100K/year Salary
https://www.bloomberg.com/news/articles/2021-08-09/jpmorgan-extends-pay-bump-for-analysts-across-corporate-ib-unit
Your upcoming bonus IS your severance!
Given how many people will be jumping ship shortly after being paid their bonus, you can pretty much look at your bonus as your severance. You waited around for it, you got it, now you're moving on. You say, "what if I don't get a bonus?!". No... — read more
No changes after tomorrow...
Kind of sucks for folks that aren't yet vaccinated that if they don't have it done, recorded and a picture uploaded by tomorrow they're screwed until January 3rd. So, even though a huge portion of the employees won't return to work until January... — read more
St Louis reserved parking and shuttle services gone
The last benefit from the AGE days is officially history. Effective immediately, all campus parking is first come, first serve. Also, want to take the Metro? Take a bus to the station. No more shuttles for you. Even less incentive to go to the... — read more
Reasons to stay at Wells Fargo
Interested in the reasons why people who work for Wells Fargo are still there. Certainly there are team members who are in good positions that they enjoy. But what about the rest of you...? What are your reasons for staying...?
New Jobs title and compensation email
Any idea why this is being distributed to only select employees* ?
Question for unvaccinated.
Please no discrimination from Vax na-is about getting vaccinated. With the deadline to record Vax status by Dec 4th in the new HR tool - for those that are unvaccinated - is it better to fill in the form and acknowledge the testing requirements OR... — read more
Who can spot the similarities between Wells Fargo management and Boeing management?
By David Gelles Dec. 1, 2021 FLYING BLIND The 737 Max Tragedy and the Fall of Boeing By Peter Robison In October, a federal grand jury indicted a former Boeing test pilot named Mark Forkner, accusing him of deceiving the Federal Aviation... — read more
I think about leaving every day
I have been thinking about leaving Wells Fargo for more than a year. I'm at the point where I think about it every single day. I'm obsessed with it, but I can't do anything about it because I can't afford a pay cut and those are the only offers I've... — read more
Service Now is creating jobs, not automating them.
Worst system upgrade I've seen in nearly a quarter century working here. P2k runs circles around SN, even in the horrible webpage mode. The Change side of SN is slow, but the HR/Survey side is much, much worse. If this is what passes for enterprise... — read more
Inflation raise
So I am expecting a raise in salary. Is it possible to get 5%+ increase in salary because of the high inflation this year? Why or why not?
Vaccination Reporting - Interesting...
An email is sent to the employee and their manager if an employee confirms as vaccinated. Doesn't send if the employee reports as not vaccinated. Why would this be set up in a way that confirms who and who isn't vaccinated? Hmm.
Total Variable Compensation
Does anyone have more details on this and it will work?
Former job family tool.. will we get a new version?
Does this mean we will no longer be able to see the pay ranges for different titles in the future? The job families tool has always been my go to thing when exploring career changes :( Will we have a new version of this with all the changes... — read more
Officer titles next on the chopping block?
Looks like the people that have been telling us all what a good thing it is to be demoted as a title, that we no longer have bonus targets, that our 3% “merit raise” bucket is a good thing will now have their AVP/VP/SVP officer titles under review... — read more
Accommodation Accuracy on My Location site
Has anyone else with an approved ongoing work from home medical accommodation had an issue with the status not updating to their Workplace Location page? Mine was approved back in October but when I look on the site it still shows "No" in the HR... — read more
No email from HR
Didn’t get email about title change but my teammates did. I am not getting a new title?
Is Wells hiring?
I've submitted applications and interviewed, but haven't heard anything.
I don't think there will be layoffs until
next year. What do you think?
December cuts
Other than Columbia, are there any more layoffs expected this month?
No Bonus Target going forward
Sad to hear the news. Copying idea from Chase?
When the rats leave the sinking ship 1Q 2022, what then?
I think many, including me, expect Chuckles to hit the road first quarter next year before it comes all crashing down but not before he can count the bonus. The rest of his cronies will follow soon after, most likely. What happens then? You have a... — read more
2 week notice
If you left and put in your 2 weeks, what was your experience? Did they cut you off immediately or did they want you to stay? Is it your access to sensitive systems they are worried about cutting off and the deciding factor in keeping you on the 2... — read more
Is Empower Retirement 401k site down?
Logged in by phone app this morning to check balances and was shocked to see $0.00. No balance details, no fund details, nothing. Opened my laptop, logged in, again $0.00. I’m not sure if there was an email about regular system maintenance, or if... — read more