If you are still here and have lots of time before retiring, there is a reason. Is it because you fit in, trapped because of salary, poor job skills..why? If you are waiting for your golden ticket, ok I won’t judge, but why would a younger person with solid job skills want to work here?
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Lots of reasons to work here. Just depends on your area and your goals.
For all the grief that Wells Fargo gets I would strongly advise you to talk to some folks over at Citi, BofA, or Chase. The cultures are remarkably similar between the big banks. If you don't like it here you will most likely need to leave finance or go work for a smaller bank with far fewer opportunities.
I'm not defending WF and I have been here a very long time. It is sad to see how the company has (d)evolved over the past 10 years. But I also have friends in each of the other big banks and their war stories are the same as ours.
I'm retiring in 10 years. I ain't leaving unless Shartz tells me so.
Odd man out here, but I like my job and the direction I feel I’m heading with the company. I’m in my 30’s and have been at wells 11 years and have worked in two departments, spending time working my way up in each. I make good money, have the opportunity to not only grow in my career but grow my pay scale, and have leadership/peers who don’t su-k.
If my time comes and I get handed a notice, so be it. Until then I’m gonna keep my eye on my goal.
OP assumes too much. Many reasons to stay or leave, it is what fits the individual. OP must be a troll or in his 20's.
And all opportunities are moving to India so no growth in career. I am not sure what the future holds for people.
It’s disheartening to work in an environment where the focus seems more on uncertainty and displacement than on fostering collaboration and growth. Constant reminders about workforce reductions and a lack of supportive leadership create a toxic atmosphere, leaving employees feeling expendable rather than valued.
Your right, OP.
There is a reason.
Now go an muse somewhere else.
Nice try Charlie. Just wrote the checks and shuddup.
Similar story, probably have stayed too long, but similar roles at peer banks/companies don’t pay as well, but also don’t likely have to deal with the same disorder and incompetence as wells. I’m in my 4th job here in about 8 years, each one with a healthy raise, total comp is over 2.5x what I started at when I joined. My next big move I think will have to be elsewhere as I’ve both somewhat topped out here and the environment is getting to me.
“ why would a younger person with solid job skills want to work here?”
The turmoil is creating opportunity. I don’t know what your definition of “a long time” is but I have 20 years until I hit my FRA. There are plenty of areas that aren’t bad to work in. I have plenty of work I could be doing, good management, feel I’m fairly compensated, have an excellent work life balance. It’s not always about expending maximum effort for whatever your next come up might be.
If I took my skillset elsewhere my research tells me remuneration will be commensurate to what I make now unless I join a FAANG or startup (which come with their own issues) but then the work/life balance would be crippled.
Solid job skills, fairly good pay. Even though my Exceeds was downgraded to a Meets because of upper management (knows nothing of what we do); that has a team working on a SAAS application. Must be nice. It's all a good-guys game; where if you know someone you might get ahead.