For those that had been asking, today's paycheck includes your bonus payout if you were lucky enough to get one. Still not sure how some managers haven't had that discussion with their teams.
Percentage of those who are returning to the office
Is there any way to know the percentage of employees who have been going to the office regularly? I'm still only going occasionally and I'd like to continue that but if the overwhelming majority is going, then I might have to suck it up and start... — read more
WFB 2023 Illinois Layoffs
https://www.centralillinoisproud.com/news/local-news/major-job-cuts-planned-for-state-farm-wells-fargo-in-illionis/
Many didn't receive RTO email
Not sure what's up, but many on my team didnt receive this week's email from C-suite about RTO expectations. HR, we know you watch this board, so please recheck your distribution and send. Never had this happen before with company-wide email.
Return to Office - January Report
All managers received the reports of employees who did not return to office for the month of January. Do whatever you want with that information
“In a corporate environment that doesn’t welcome bad news, problems fester.”
This is a line that caught my attention in the preview of the second chapter of articles coming out in American Banker regarding interviews with Michael Bacon. This has always been the problem at Wells Fargo, even today. Glad-handlers and yes-men... — read more
Saul's AMA
Love seeing comments from this audience.
Consultants
Why does Wells Fargo have so many consultants if they are doing layoffs?
Wells Fargo Plans Game of Musical Chairs at Charlotte, North Carolina, Office Towers
https://www.costar.com/article/335973787/wells-fargo-plans-game-of-musical-chairs-at-charlotte-north-carolina-office-towers
Passive Income Stream
Are employees at Wells Fargo working for a passive income stream? I have never been in a place where workers are so inefficient. Whining, gossiping, mediocrity and chit-chat...rip off the band-aid like Musk did at Twitter, total culture gut-job.
Happy Birthday, Holly!
I know I may be off plus or minus a few days here, but happy birthday from all of us at Wells Fargo 💕
“Business Execution” roles
What do these people do? I see this title on people all over but i can’t point to a single workflow being re-engineered. I also can’t find any deliverables that they are touching. These dream jobs?
Retirement Strategizing
I plan to retire in a few months. I'm struggling with HR's guidance of "let your manager know 3 months prior". If I follow the retirement guidance from HR, my manager has 3 months to make my life unpleasant and possibly manufacture a way to fire me... — read more
Tom Brady
If ONE more person mentions this person during an awkward hold or wait time on the phone, I am going to straight up tell you I don’t care.
Wells Fargo cuts 140 jobs as it exits the correspondent channel
Wells Fargo cut over a hundred jobs in its mortgage division this week following its decision to exit the correspondent channel and shrink its servicing portfolio... — read more
Michael Bacon Articles?
Has anyone found a way to get them without paying 1k? We got talking points this morning on how to address customer inquiries around it but I don’t think we have to worry about too many people reading it at that kind of price, my goodness.
Contractor Firewall runs deep
There is again talk of layoffs now that we've made it into the new year and market adjustments to follow upcoming fed moves and the perpetual mayhem out of Washington. But my department always seems to have 3 contractors, at least, who get canned... — read more
First Thursday of the month
Is tomorrow the day?
Anyone who uses WF get bonus check paid early?
I have not gotten mine yet…
PTO in place of RTO
For starters, I can see the POV of those who wish to work remote and those who enjoy going to the office. I support both as long as it’s for someone who is truly working. Like many of you my life is more complicated now after Covid lock downs and so... — read more
RTO Haiku
Toxic office air Stifling creativity, soul Poisonous culture
A new haiku is necessary
More necessary than funding ukraine. Can we get a new one on our trash RTO experience?
Quiet Quitters check in here!
Upvote = Quiet Quitting Comment = Already quiet quit #quietqitting
Expectations for working in the office
Thoughts? Seems like a line in the sand, even if faint.
Job posting wait time
Hello, recently laid off employee here. Does anyone know how long it normally takes to hear something from HR after you’ve posted for a position? I have applied for a couple of positions, the req has been closed and weeks have gone by with no word... — read more
Payroll botched tax withholding
I adjusted my tax withholding and 401k to maximize my bonus but payroll didn’t recognize my exempt status. Did this happen to anyone else? What’s the point of a bonus if half goes to the government…
New salary - workday
Hi! Does anyone know when the new salary takes effect? I checked workday this morning and see the incentive payment but I still see the old salary gross amount. I was expecting the raise to also kick in for this paycheck. Does anyone know? Thanks! — read more
Coursera
Has anyone been able to successfully get an annual access to Coursera approved for reimbursement? I’m thinking not because there’s no L&D support here anymore, but thought I’d still ask around.
Can recruiters see all jobs you applied for
I’m doing the “spray and pray” method of looking for an internal role as one last attempt before I look outside the bank. Can recruiters see all my applications? Does it make a difference if they see I applied for 10 different jobs?
Ally Bank just raised the rate on its savings account from 3.00% to 3.30% APY
* Wells Fargo currently paying 0.15%. Charlie is so pompous and outdated, he thinks customers don’t care about what their money is earning. Does he think customers will stay because of his good looks? Because of our fine technology? Big... — read more
How common are promotions in your area?
I don't mean applying for a new higher level position. I'm talking about your manager(s) deciding to change your title to the next level up (ex: analyst to senior analyst). In my area (reporting up through Santo), I can't recall a single time... — read more
Wells Fargo Glide – Relaunch USA
Focusing on talented professionals returning to the workforce after taking a career break. https://pages.beamery.com/wellsfargo/page/glide-relaunch What the h is this?? Wells Fargo laying off their own experienced employees only to be... — read more
140 Laid off in Springfield
Wells Fargo lays off 140 employees in its home lending division in Springfield. The layoffs occurred as part of the decision to exit Correspondent.
So much for FinTech Safety
Paypal just announced that they will be laying off 2,000 people or 7% of the total head count. There is about 300K layoffs that have accumulated in tech (including fintech) - things are bleak and it'll take 2 years for this clear - it's just too big... — read more
Happy hours are a nice gesture
But if you want me to attend, do it during business hours. Last thing I want to do is drive a long way and have drinks with people I avoid during the day as it is.
Would you take a pay cut to WFH?
I’m seriously considering a remote offer from another bank but the total comp is a little over 10k lower
How is your LOB tracking RTO?
Mine is tracking bi-weekly, 3 days a week required, PTOs don’t count as in office, and it’s strictly enforced. Those that showed up on the report as noncompliant must provide justification to their manager and send their in office days to their... — read more
Encouragement for those still holding on
Wells Fargo offers a challenging work environment which enhances skills, growth opportunities abundant with a strong supportive culture, competitive compensation and benefits, a commitment to diversity and inclusion, and a focus on giving back to the... — read more
Issues with Continuation Pay ?
Was anyone else let go mid-Dec, supposed to get X weeks of severance\continuation pay, but have not received anything? I got one payment that says it's for 1/1 - 1/14 ... was expecting another this week for 1/15 - 1/28 ???