Thread regarding Wells Fargo & Co. layoffs

Benefit enrollment.

In the past we have 1x salary coverage for Basic Life Insurance covered by company. I do not see that for 2026. Am I overlooking it or did they take that benefit away?


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| 1541 views | | 6 replies (last October 28) | Reply
Post ID: @OP+1k8jnrck0

6 replies (most recent on top)

It’s still there and is still the same 1x salary, up to $50,000. So if you make more than $50k, it’s not really 1x salary because you can only get $50k max. If you make less than $50k (for example, $45k), then you only get up to the amount of your actual salary.

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Post ID: @cp+1k8jnrck0

Since when does 1x amount now equal less than 1x?

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Post ID: @bj+1k8jnrck0

It’s still on 2026 with a max of $50,000. I don’t recall but I’m pretty sure that amount has been reduced. The info is on page 40 of the 2026 Benefits Enrollment Guide.

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Post ID: @bc+1k8jnrck0

Also don’t see it in 2026 enrollment.

Don’t see business travel accident coverage either.

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Post ID: @bb+1k8jnrck0

@OP

The Benefits book states it's 1x salary, with a caveat that it's a minimum of $10,000 and max of $50,000. That's not to say that it won't change with the 1/1/2026 benefits book, but as of right now, it's still in there.

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Post ID: @ah+1k8jnrck0

I thought we had 2x salary paid for?

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Post ID: @aa+1k8jnrck0

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