Money is coming our way. What kind of bonus do you expect?
Countdown
4 more weeks til that bonus hits n I quits 😜 enjoy that commute tho
No reason to worry
With so many employees choosing WFH over returning to the office three days a week, I don't have to worry about layoffs. I have been going in since week one and if they ask me to increase it to five days a week, I'll happily do it. If layoffs happen... — read more
PTO Payout!
Does anyone know for folks laid off in November if/when they will get there accrued PTO paid out?
401k vesting
If laid off or fired (e.g. RTO nocompliance), does company matched 401k monies vest?
Anyone seeing the cracks on the wall?
After hearing about the "Southwest issue" such as out of date technology, old ways of doing things, employees letting other know these issues but never being heard. One day something will give way and Wells Fargo will be in the same situation. Wells... — read more
Holidays and RTO mention in town hall?
Does anyone know which town hall mentions that national holidays are considered one of the "in-office" days for RTO / hybrid schedules? Can it be found on WFOD? Our manager thinks that in 2023 if you work MWF in office and Monday is a holiday, you... — read more
Training others
I’m looking for any advices how to stay sane on training incompetence coworker, this person still can not perform a simple task after six months. It really makes me so angry every time talk to this person. There is nowhere on my job description with... — read more
I envy those of you who are still not showing up at the office
I wish I had that option but I can't risk losing my job - I'm one of those who are tied to their position because they can't afford to lose their medical coverage even for a short time. I've tried finding remote jobs to apply for but lately, the... — read more
401K settlement
Got a check for $100 , apparently for the mishandling 401K accounts-did you get yours?
So much for people coming back to the office today.
It’s a ghost town in my building today. There are only two of us on my floor and I’m sitting in a room all by myself “collaborating.” Rumor is this building is up for sale. I hope it sells soon and that we all get sent home permanently to work... — read more
Wells Fargo Healthcare UHC canceled screwup for all employees
Looks like another sc--w up by Wells Fargo, they did not send the file of employees to United Healthcare and all employees appear to have their healthcare coverage canceled. The call center is being overwhelmed and better hope you don’t have to go... — read more
RTO Level 5 Storm
So are people in CA and Bay Area really expected to RTO in the middle of a level 5 atmospheric river storm for the next 2 weeks? Roads are flooded, roofs are leaking, many are displaced, so… Isn’t even worth risking your life to drive so you can... — read more
RTO doesn't include holidays now?
We just got a clarification that we still have to come into the office three days this week even though Monday was a holiday, is this true for other groups? I'm honestly disappointed and this screws up my personal schedule a bit
Site closures
Any one aware of non-hub site closures in 2023?
Layoff Thursdays?
Should we expect another round of layoffs this Thursday? I’m dreading Thursday at this point. Has anyone heard anything that would indicate otherwise?
I am dreading work tomorrow
I know I'll be one of the few at the office (I do Monday-Tuesday-Wednesday to get it over with) but I still feel physically sick just at the thought of going in. I don't even know when I went from loving my job to hating it with a fiery passion. I... — read more
RTO Covid
These companies are on the precipices of a complete covid spike and WF is starting analytics this month of in office compliance… to the person at that top my entire family has either had covid or currently has covid during christmas break. but don’t... — read more
What days are you doing for RTO?
Want to know so I can optimize my collaboration opportunities. Also, I think as many people as possible need to come in on the same days to hammer home how ill equipped we are for full staffing to occur.
I walked by my local branch last week and it was filled up
For all the hate you read on this board from nut jobs, it seems like there's a awful lot of happy customers who continue to do business with the bank. Must have been 30 customers in this one small branch meeting with employees and tellers. People... — read more
Did CFPB Hit Wells Fargo Harder in Its Reputation Than Its Wallet?
https://thefinancialbrand.com/news/bank-culture/how-hard-did-cfpb-hit-wells-in-its-reputation-versus-its-wallet-157614/
Headline:: Wells Fargo got slammed with a $3.7-billion penalty. So why doesn't it sound sorry?
Correction: Wells Fargo IS sorry……that they got caught heh heh.
Empower Retirement 401k Limit Incorrect?
Am I missing something on why empower is showing 401k limit of 20,500 for 2023? TIA
Tech RTO
Will tech be tracked as part of the January mandatory RTO?
WF could be shutdown?
https://original.newsbreak.com/@jalyn-smoot-1588339/2872832502492-wells-fargo-could-be-shut-down-by-federal-regulators-after-costly-3-7-billion-scandal Avatar of Jalyn Smoot Jalyn Smoot Wells Fargo could be shut down by federal regulators... — read more
Annual matching
Yep , I just checked , the annual 401k matching I grafted so hard for went straight into the WFC ESOP account again . Never mind that a have a funds allocation set up for contributions . So annoying. Waiting for an uptick and then will get rid of it... — read more
Wells Fargo Risks Shutdown Over $3.7 Billion Fraud Scandal
Facing its fifth lawsuit in six years, federal regulators are eyeing Wells Fargo for a massive national shutdown. After investigators discovered ‘widespread mismanagement,' the Consumer Financial Protection Bureau, levied the largest fine against the... — read more
CFO's Expect Hard Landing
https://www.cnbc.com/2022/12/28/dow-headed-below-30000-slim-chance-of-soft-landing-for-economy-cfos.html
Don't forget, Monday is a holiday
Don't go to work until Tuesday. (Monday is New Year's Day observed.) But at least you only need to RTO 2 days because of the holiday. So that's good, right?
Who is planning to leave?
Now that the 401k match has hit accounts and bonuses are a month away, how many are really planning to leave? Is it enough to make HR and the C suite re-evaluate their current policies?
I work more from home
Before WFH, I used to do my 40 hours and that was it. Once I was done with work, I was done for the day. Once WFH started, I always start half an hour early and finish half an hour or an hour late. Plus, I am never fully done with work. I keep... — read more
What to expect from 2023?
Goldman Sachs: lnkd.in/eKzF_2K4 J.P. Morgan: lnkd.in/eHb6-622 Morgan Stanley: lnkd.in/e2nAMjmM Fidelity International: lnkd.in/eJwK6tVx KKR: lnkd.in/eRivWDns Bank of America: lnkd.in/e8XFD8TW
There's no reason to work hard at WF
Your job security, raises, bonuses, and promotions will be based on demographic factors and nepotism (and now RTO) WAY before actual job performance. To be fair though, it's not just WF. Most orgs are like this (banking or not). Also, there... — read more
Mandatory RTO will solve one issue
Judging by posts here but also from what I've heard from people I work with, once mandatory RTO becomes a thing there will be a mass exodus of employees from Wells Fargo. If that happens, the rest of us can relax because there will be no need for... — read more
Acronym questions
I have a phone screen for a WF position next week. Can anyone give me a short synopsis of what these systems are? (or let me know what the acronyms mean?) They are listed in the job description and I want to sound at least slightly educated on them... — read more
Can anyone see the 401k match yet in Empower?
I don’t see anything in transaction history yet, wondering if others can see anything pending for today.
U.S. is headed for a 'stormy' powerful recession “a variant of another Great Depression”
Get ready for a 'stormy' powerful recession “a variant of another Great Depression”.
No manager is a double edged sword
I have a manager in WFHM that I love. I get my work done. We go over branch inspection 10 minutes every month- our only meet up. I never have a one/one, never have team meetings, never receive evaluation, no reports etc. I don't know who is on my... — read more
RCSA Extended Hours
I have been voluntold for RCSA and I was wondering what extended hours are they still expecting RTO under the same 3 day minimum? I would have a real issue working 8-5 then 8-10 at night and still be required to commute in office for the same exact... — read more
Some sage advice
Big companies like Wells and Southwest are in it for shareholders, not stakeholders. Profits get to shareholders and they are short sighted. Southwest hasn't invested in technology, processes and people like they should have. Neither did Wells for... — read more