Thread regarding Wells Fargo & Co. layoffs

2021 ICP/Annual Bonus

Has anyone heard about changes to annual bonus/ICP that will be effective for this upcoming performance review period? Rumors are that things are changing and not for the better? If this was talked about before, just let me know and I'll go review that thread.

by
| 8171 views | | 41 replies (last April 18, 2022) | Reply
Post ID: @OP+1d4onnVv

41 replies (most recent on top)

From what my manager told me it's going to be no RSUs (stock) below $50K incentive (they will be all cash bonuses) and a preset mix of cash and RSUs above $50K with the mix changing based on how big your total incentive comp is and % bonus targets are being taken away - they're saying there will be more manager discretion.

by
| | Reply
Post ID: @lfd+1d4onnVv

Post a reply

: