https://youtu.be/_P_xXet41jw I really do miss the days of cross-selling. It was so much fun. Though, I never did sell any products, I did help the bank find ways to improve their cross sell numbers. The good old days.
Why WF workers are unionizing
https://youtu.be/ASi7INcnSXA
Truth
https://www.bloomberg.com/news/articles/2022-09-08/work-from-home-is-loved-worldwide-even-if-wall-street-hates-it
How long for lump sum payout?
For those of you who have accepted a new position and requested the lump sum payout during the severance period, how long did it take until you received it? The plan says within 60 days…. Just wondering if they’ll drag it out wait until day 60 to pay... — read more
use vpn software
Use VPN software thar comes on your personal phone or laptop to post. This site tracks you by IP addresses and blocks your post using cloudflare a network security company.
RTO/office conditions
Office is filthy, office is nasty. Need to get some Raid™️ up in this mf, all these bugs be swarming around my weave.
Another week without layoffs
I don't know why people keep stressing over this when most of the time there are no layoffs.
Do you feel better after venting on this board?
I know I do. Sometimes we just need to get stuff off our minds. When working for the Man, We’re constantly being pushed and pulled. When was the last time the company made an internal nouncement about increasing our benefits. I.e. More PTO... — read more
Wells Fargo Beats Wealth Advisers' OT Suit
A Missouri federal judge decertified a nationwide collective of wealth advisers who said Wells Fargo Clearing Services LLC required them to perform off-clock work without adequate pay, dismissing the... — read more
What would you do
So I have been at Wells for two years now and although it has a lot of internal problems the work life balance along with a comparable market pay rate for my role is not a bad deal. I work in the CIB line of business. Unfortunately the CIB business... — read more
Vote if you feel connected at WF.
Select up arrow if you feel connected And part of a team which values your skills. You feel motivated to be successful. Select down arrow if you feel disconnected from the company. You feel that what you do doesn’t really make much of a difference... — read more
"Unusual behavior... try again in a few days..."
"Unusual behavior... try again in a few days..." Why are mods banning people based on their ip address?
This is how you reduce expenses.... You Squeeze...
Reducing expenses? It's pretty easy: Review T&E Review corp lease/building portfolio Reduce headcount is easy. very easy actually. banks are notorious for nonsense T&E is not so easy when the bank is trying to force everyone back to... — read more
The problem with Wells Fargo...
...we never RIF the right ones...
2023 Update to Benefits
Benefits will remain largely the same for '23, but the severance package is improving. Every laid off employee will receive 3 free reacharounds from any provider in the employee's state, typically performed at a rest stop. All 3 reacharounds need... — read more
Old banker tip card from training
Hey - does anyone remember the old fold out tip cards that had stuff on the front and back? Like steps to overcoming objections etc? It was from like 2010ish. Ive looked everywhere and must have thrown it out. Would like to look at it again, the one... — read more
Car Barely Pay for Food
Food prices are insane. If food prices are up 25-50% why the fk isn't King Charles charging 25-50% higher, and paying us 25-50% higher. Prices have gone nuts and the only people suffering with no wage increase are us. WTF is going on here. ... — read more
Suggestion for reducing expenses
There goes another $145 million in fines for 401k with DOL. You know what, I think it's high time the BoD clean house in the executive ranks, don't you?!? They talk and preach about reducing expenses at the top, so cut the executive salaries for... — read more
WF Commissions third-party racial equity audit
https://www.reuters.com/business/finance/wells-fargo-commission-third-party-racial-equity-audit-diversity-push-2022-09-13/
WF Telephone bankers trying to cash in for more
https://news.bloomberglaw.com/daily-labor-report/wells-fargo-must-face-telephone-bankers-wage-break-allegations
Do you have a mentor?
And how's that working for you?
BofA 15 year Employees - 4 week Paid Sabbatical
Wells better step up for it "cult" members. https://www.bloomberg.com/news/articles/2022-09-15/bofa-offers-up-to-six-weeks-paid-sabbatical-for-longtime-workers
I don’t understand why employees are not more outraged by Wells Fargo’s constant stream of wrongdoings.
I know we have a lot of good employees who do care, but can’t afford to leave. I get that. But I do not understand those who make excuses and rationalizations for the bank’s terrible behavior and want to stay and be a cheerleader for a company that... — read more
Layoffs in Private Bank
My husband was told they are laying off /firing a large number of employees in the private bank department this Monday. He was told to put in his two weeks by Monday or get let go. Is he entitled to any kind of severance, Cobra, etc? I just wanted... — read more
Yet another fine…
Sept 14 (Reuters) - Wells Fargo & Co (WFC.N) has reached a $94 million settlement to resolve class-action claims it sent more than 200,000 struggling mortgage borrowers into forbearance during the COVID-19 pandemic without their consent.
RTO
First day back in office and it is absolutely disgusting and filthy. Gross! Contacting OSHA. The amount of dead bugs laying everywhere is disgusting. I would take a picture except I’m afraid they would fire me.
New Job Titles
How many were told when given their new job title earlier this year “Compensation will not be affected”? Turns out that was a lie. My current salary was not impacted however the salary range was. The min, mid and max for the new job title is... — read more
Got Covid 1st day back in office
First day back in office they give us a welcome back kit that was a literal slap in the face. The person next to me was hacking and coughing non stop. The moral of the story is this: WF does not care about your health, safety, or mental well being... — read more
I like this Vent board.
Where else can we vent our frustrations anonymously?
Virtual desktop
New post on teamworks. Sounds like we’ll be able to work from anywhere including the use of our own personal devices. I wonder if this means I can be content with my job again and go fully remote the way we were for two years. Thoughts?
All you need to know about DEI
DEI 101: Life ain't fair and people aren't equal. If you can swallow that pill you'll find a way to get ahead in life and be a lot more happier and at peace. My economics professor in college told the class that on the first lecture, and it was the... — read more
How to tell if you're a fake interview?
Let's say a hiring manager already knows who they want, or, they're being leaned on to hire someone particular. But they still have to have x number of interviews to make it look good. Other than monotone disinterest from the hiring manager... — read more
to Saul: thank you for the opportunity to work from home and earn two salaries
to Saul: thank you for the opportunity to work from home and earn two salaries. honestly, thank you. working for wells from home is a true blessing especially considering I have another full time contracting job that I can work at the same time... — read more
Wells Fargo is paying $131.8 million to retirement-plan participants after an investigation found the plan overpaid for company stock
Here we go again!!! https://www.businessinsider.com/wells-fargo-401k-retirement-plan-company-stock-probe-dol-greatbanc-2022-9
Layoff batches
50 people here, 70 people there … WF loves the small batch layoffs to avoid making the news. Goldman Sachs is just going to open the flood gates.
Workers love WFH even though Wall St. hates it.
https://www.bloomberg.com/news/articles/2022-09-08/work-from-home-is-loved-worldwide-even-if-wall-street-hates-it (paywall) https://archive.ph/TzuS5 (free) As Wall Street firms order employees back to the office, the option of working from home... — read more
Saul cheerleading again...
...but nothing about how dysfunctional things are still.
Any updates on employee survey results?
I hear that results have been shared- can anyone share how the company did? It will be fun to compare reality with the spin we will get on Teamworks
Food for thought….
Wells Fargo found guilty for committing fraud against millions of their own customers. You keep working there. Wells Fargo found guilty for misleading and ripping off their shareholders. You keep working there. Wells Fargo found guilty for... — read more
We're in a Housing Recession
https://www.youtube.com/watch?v=jHXxO6P0s-Y