Anyone experience using the discounts on Wells site to buy a new or near new car? Just curious
Raise pool 3% - Ling effort to 5% a rumor only
Yes, with two year inflation at 14%, we are on our second year of 3% pools. If you’re in the same role past few years, enjoy your 8% “merit” pay cut I’ll be looking outside for a 20% jump, good luck to all, I have a family to feed — read more
Org changes to Affluent Cust Segment and Field Support Structure
There was a lot of content in the email Mary mack threw out at the end of the day today… anyone know which positions this all impacts exactly?
HR Department STILL forcing fake and deceptive job interviews
This has nothing to do with the fake job interviews surrounding Charlie’s quest to increase diversity, for which the bank was heavily criticized and fined. I am referring to Wells Fargo’s standard procedure for when a manager wants to promote a... — read more
No Layoffs in WF
We saw layoffs happening everywhere. https://intellizence.com/insights/layoff-downsizing/major-companies-that-announced-mass-layoffs/
I’m no fan of Musk, but our “leaders” should learn from a few of his rules…
Musk has asked staff to cut down on the number of meetings they hold, writing: “Excessive meetings are the blight of big companies and almost always get worse over time.” ****WFC managers wastes unlimited time holding unproductive ritualistic... — read more
Business Execution Director
I’m sorry. I just can’t stop laughing at that business title. It’s so fitting for this company. Think about it. A person hired to oversee the business being executed. Lol!!! It just struck me as real funny. That’s what this company is doing, hiring... — read more
RTO is so painful.
Here’s what I realized. I’ve been so used to WFH, that I’m actually subjected to people in person, now. I actually find my teammates annoying. I got so used to correspondence over phone and email that when I’m around them, in person, I feel stressed... — read more
Is HR biased against internal hires for tech
It seems like their focus is on external recruitment. I’ve heard the only way you can really move up in Wells is if you leave and come back. Otherwise they just anchor you to your current role regardless of your skills. You won’t be able to make a... — read more
Wells fargo FTX
https://www.fxstreet.com/cryptocurrencies/news/jp-morgan-well-fargo-bank-of-america-potentially-exposed-to-samuel-bankman-frieds-ftx-exchange-202211180001
Driving an hour to sit in an empty office where everyone ignores each other
Collaboration my a-s…. driving an hour just to sit in online meetings with team members spread out all over the world is just peak idiocy. Am I supposed to enjoy being in a dinky cube that smells like mildew and has no cube walls? I’m spending an... — read more
It's about time we sue somebody!
It's always us getting sued. It's good to change things around a bit. Wells Fargo Sues Truist, Seeking $120K in Insurance Proceeds from Fire... — read more
What are the unwritten rules?
Post unwritten rules and shady practices that Wells Fargo does. I'll start: Priority of D&E external, or any external candidates, for hire over internal hires. Priority of D&E hires/promotion over a better qualified hire. Hire any D&E... — read more
One cog in broken engine
Once upon a time, I was a star employee. I won free trips to Hawaii, and all kinds of token awards for my contributions to the company. I thoroughly enjoyed it as I realized that my skills could really make a major impact on this company. Throughout... — read more
Raises here are a sick joke
2-3 % raise doesn’t even cover the cost of inflation much less the extra cost of commuting but we should all just be lucky we should have a job right…..
Worst part of RTO
Is not having that time with my kids, being able to walk them to the bus, cook dinner for my family and sitting down at the dinner table together. With all the time spent working, those extra 2+ hours of time and energy wasted on commuting is time... — read more
This company is going backwards
I remember pre-covid there was a push towards flexibility and remote work, hence the start of hoteling cubes. Now it’s the complete opposite. They’re setting arbitrary rules that make no sense. The 3 days in office rule is just garbage. When did... — read more
We need a new Board and CEO
New CEO and Board desperately needed Things we need to do Offer Voluntary Severance Packages. This way, We get rid of all of the quite quitters and people who no longer want to be here and we’re just coasting along. Reward all of the... — read more
Layoffs
Buckle up….lay-offs are coming starting in December.
Amazon Offers volunteer Severance Packages
Amazon offered some of their employees an optional Severance Package. 12 weeks plus an additional 2 weeks per year of service. Is this something WFC will be doing in the near future? It’s a good strategy imo.
Merit increase & bonus
When will individual can see the merit increase and bonus information on workday?
sharon murphy last day is today?
anyone know the scoop?
It's not complicated
Your company's fate will be determined by how you treat your employees. Employees will make a difference if they are treated as if they matter. Alternatively, you lose the respect of everybody when you mistreat one of your own. It's that simple. And... — read more
Bonus Funding
Any managers willing to comment what % of last year’s pool workday is displaying for your bonus pool?
US lawmaker slams JPMorgan, Wells Fargo for involvement with anti-ESG body
US Congressman Sean Casten has castigated JPMorgan and Wells Fargo for their participation in an event run by the controversial State Financial Officers Foundation (SFOF), which has opposed climate action by financial... — read more
Is anybody still quiet quitting?
With all the mass layoffs in most of the major banks, is anybody still brave enough to continue quiet quitting? Or have most of the people reverted to staying extra hours and giving as much as possible to make sure they stand out and are not cut in... — read more
Why say RTO is enforced when it’s really not?
I’ve been to two hub locations and both are EMPTY on the days I show up. Some people rarely come in and never hear a peep, some teams are exempt, while other teams are actively tracking numbers. It’s all a big mess and they’re treating us like... — read more
Time to stop trash talking Wells Fargo
I know, Wells has its issues, but every company does. When you bad talk it, it reflects upon you. If you need to update your resume, just do it, and leave. Really, enough already!
Do you have a family member
That does not like the fact that you work for Wells Fargo? I do. It has nothing to do with salary or position.
When is leadership going to admit RTO is a joke?
My building which was packed pre-covid sits empty. Since RTO I’ve never seen more than 4-5 people on my entire floor. Some days it seems like I see more security people than actual workers… Tell me what’s the point of this policy when most teams are... — read more
PSA
Stop talking to yourself out loud, taking calls on speakerphones, constantly snacking or cursing out loud, sneezing all over the room (while talking to self) or any of these things while in the office. Some of you are so incredibly rude and oblivious... — read more
Bonus Eligible If I resign in Jan 2023?
Say if I resign on Jan 13th, will I still get bonus for 2022? Have not read employee handbook, but thought of checking to see if anyone have any past experience or if any manager can chime in. TIA
Wells Fargo starts small-dollar loans amid overdraft scrutiny
NEW YORK, Nov 16 (Reuters) - Wells Fargo & Co (WFC.N) introduced small-dollar loans to customers online, the bank said Wednesday, as overdraft fees draw greater scrutiny in the United... — read more
comp is now open in workday
what are managers seeing in terms of allocated budget as a % of total salary?
Cushy high-paying job
What are the cushiest jobs at Wells that pay well? I need to stick it out for a year to be vested in my 401k match but I’m sick of doing everyone else’s job for them in my job today. Too much headache for not enough pay. Which jobs make a lot of... — read more
If you could go back and change your college major, what would you choose now? 🤔📚
Chime in… I’d go from Comp Sci to Philosophy
Would it help moral by a visit
If Charles were to visit a good deal of the Wells offices would that help moral? Just thinking?
Give up your desk?
Heard from someone who would know. For locations with space or pending space issues. Badge swipes will dictate who gets to keep their desk or cubicle. Probably more of a worker bee thing, but if you haven't been doing the 3 days or required days... — read more
How is WF tracking in office vs WFM
I am assigned to a non Hub that was convent pre Covid but the bus I used to take to the office no longer exist. I still go in 3 times a week if I can but it’s 4 hrs round trip now. Sometimes longer. My assigned building requires badging at lobby and... — read more