There goes another $3.7 Billion to CFPB. I thought all the know it all hot shots Chuckie was hiring from JPM would get it all turned around!?? I feel duped. Shareholders getting hosed. Why they don't just close the bank down by now is beyond me... — read more 

Wells Fargo fined $1.7 billion for ‘illegal activity’ including unjust foreclosures, vehicle repossessions https://www.cnn.com/2022/12/20/investing/wells-fargo-cfpb-foreclosure-fine/index.html

https://www.cnbc.com/2022/12/20/wells-fargo-agrees-to-3point7-billion-settlement-with-cfpb-over-consumer-abuses.html Will this prompt bank for more layoff due to $3.7B settlement? Will it impact bonuses / hiring for next year? Does it indicate... — read more 

A few will remain as relics of the past, but within five to ten years, the overwhelming majority of Wells Fargo branches will be closed. There is simply no point to them anymore. The people who are using them are short for this world. Nobody younger... — read more 

The nation is going anxious. https://www.cnbc.com/2022/12/19/roughly-1-in-3-workers-is-worried-about-a-layoff.html

$100 for four years on the plan. And on a check cut from a US bank account ! Thanks for being very sensible. This money will come to me in full.

Who has details on the complete failure EngIn has turned out to be? It seems like every time WF has a big initiative that is going to solve our problems and make work easier and make us more efficient it ends up being a ruse.

I’ve found that working hard here absolutely doesn’t pay off anymore. Bonus targets always seem to be cut, promotions are almost impossible to come by, and raises don’t even keep up with the rate of inflation. I was always a high performer and got... — read more 

It's really that simple for me. Pay me for the extra hours I'll be wasting in commute, pay me for the gas, pay me for other unnecessary expenses I'll be having, and I'll be happy to return to the office. And don't tell me I am already paid for that... — read more 

Are we expecting any real info? Answers to tough questions? NAH. Happy holidays and good cheer. Pink slips, well other that Mrs Lincoln, how was the play?

I have seen a few posts about made up ratings by managers who are forced to fill a quota of poor ratings and that HR is only there to serve managers and not employees. Does Wells Fargo have a retaliation problem. Are you called out as problem... — read more 

I noticed few members on my broader team assigned to a local branch inspite of multiple office location in the 40 mile vicinity. Can you actually go into a branch and work form there? I don't want to do a 1hr commune to my office location when there... — read more 

We are approaching end of 2022 and was wondering when will the survey results be out. It is taking a long time to massage the results, I guess!!

Wells Fargo & Co.'s branch-closing strategy continued with an additional 10 — though none in North Carolina — in its latest filing to federal regulator U.S. Office of the Comptroller of the Currency. The reports typically are posted on... — read more 

I keep hearing about all the exceptions to RTO. A colleague said SVB is giving out WFH arrangements like candy. He's worried it will be difficult to recruit, otherwise. All the exceptions are infuriating. Back office workers should all be treated... — read more 

Charlie joined WFC on October 21, 2019 Wells Fargo stock price on Oct 21, 2019 = 50.50 Wells Fargo stock price today = 41.19 🔻 DJIA on Oct, 21, 2019 = 26,747 DJIA today = 32,920 📈 The results after 3 years of Charlie as CEO: The DJIA is... — read more 

How long it took to get your Lumpsum payment after you turn in new employment notification form? Did you get Lumpsum payment along with regular paycheck?

If you wanted to leave banking and that’s all the experience you have for 15+ years now? What industries would you consider? Just curious. I’m so tired of these banks, big ones at least. Tired of the sham CEOs, toxic culture, and being treated like... — read more 

Direct manager stated higher ups said mortgage is required to rto in 2023. No formal announcement has been made as of this writing.

Are we able to rollover 401k monies into an IRA while still employed with WF? The investment options working the current 401k is pathetic.

Will it be Jan 1 or are we looking at a few months?

I currently work at BNY Mellon. Our CEO recently announced a change to the 401K plan. Currently our company match (max 7%) is implemented each pay period. Starting in 2023, the match will be paid at the end of the year (actually, three months after... — read more 

I see a lot of Analytics roles that look like they could pay $160k plus bonus in Minneapolis. Any insight on these roles in Risk and Audit? Would you recommend these roles? Is $160k plus bonus realistic for these roles?

Our team has been pretty flexible. I try come in once a week or so. No word about it impacting bonus or performance. Same with my general org. Never realized how different it was for other teams until I saw all the posts! Hardly ever see anyone... — read more 

The three largest banks in North Carolina — Bank of America Corp., Wells Fargo & Co. and Truist Financial Corp. — are at the bottom of the 2022 J.D. Power rankings for overall satisfaction with national and super-regional... — read more 

Why not have an option for 1,2 or 3 days a week and/or special meetings. More flexibility. To say 3 days a week across the board just does fit for everyone that has teams spread across country. Why not trust employees to choose a fit that is best... — read more 

Seriously people are too focused on RTO affecting bonus. Just look around you how many people are actually coming into the office? If you been with the company for a while you already know bonuses are always being cut and are seemingly random. Last... — read more 

There was a push to get everyone back in the office this year and it just didn’t happen. I think people came in for awhile, realized that no one else was in the office, and stopped coming back or decided to just come in once in awhile to check things... — read more 

Piece out homies

3 and 4 down managers received notification and reports of their RTO compliance rates. 2023 will be a year of tracking and enforcing RTO. People managers are required to be in office 3 days per year or face discipline. Technology individual... — read more 

Study says no. Gold Seek: Is Your Bank Safe? A Look At Wells Fargo. https://goldseek.com/article/your-bank-safe-look-wells-fargo

Lately I am seeing some positions with the pay range area blank? What the heck? It’s bad enough that you have these huge ranges but now they are just leaving you guessing completely!

Remember - India workforce gets: Free healthcare - not just for them, but their kids, spouse AND extended family BONUS for training credits - skills are pushed - more training, more bonus Free transportation Beds in office to take nap whenever... — read more 

Manager call was today. Any insight on what this looks like for the retail branch?

Reviews come out in mid January Compensation and Promotions come out end of January Possibly, reviews can be delayed to do them with compensation. You probably may know about a promotion before it happens. So quit flipping out if you don’t know... — read more 

Scandal after scandal, fine after fine, news headline after news headline. They paid billions in fines for mismanagement yet ask you to tighten your belts and lay off people. No respect for employees or how their decisions impact them. A CEO who... — read more 

I started in 2021 after the vesting policy changed to a 3 year period and am confused about when I’m fully vested in company match. Is it… 3 years from start date, 3 years from 401k contribution eligibility date, or 3 years from match... — read more 

anyone have takeaways from this mornings town hall regarding product transformation...how do you feel about what's ahead................

Make sure you take it.. ;) they are asking if pto is important to us and I don’t want to hear a year from now “we asked for feedback and… “ insert more benefit changes here

Why would anybody want to return? Especially now that RTO is all but guaranteed? How bad must your other place of work be to say, "Hey, I think I'm going back to WFC, that's going to be an improvement!" If I found a way to leave, I know for sure I... — read more