Thread regarding Wells Fargo & Co. layoffs

Wells Fargo Manager Does Not Have a College Degree, or Masters Degree

My current Wells Fargo Manager does not have a college degree or Masters degree. However he continues to provide negative performance reviews for me when I do have a college degree with so many qualifications for my current job that he does not actually have in any way possible. My Manager, who writes my performance reviews, has absolutely no qualifications to perform my job function that is very technical, yet gets away with ranking on me with negative reviews when he really does not have a clue what the technical job actually involves. What shall I do about this situation? Why are there Managers at Wells Fargo who do not even have a college degree? How can they be qualified to give performance reviews to their technical employees who do hold college degrees and master degrees? Why are they not gone from the company? Not qualified for their job.

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Post ID: @OP+1gYbEGaw

115 replies (most recent on top)

Im not going to waste time reading a thousand comments. But all I have to say is “doesn’t have a College Degree, or a Masters Degree”. Isn’t a masters degree still a college degree? That’s like saying, “I want to buy a nice car or a BMW”. Carry on…

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Post ID: @3pce+1gYbEGaw

Well newest stated requirement for Wells Fargo technology employees is that they are Cloud certified or going to be Cloud certified. I guess that may not apply to the Technology Managers, just the people that they manage. The Technology Managers are not held to the same technical standards as the employees that they manage. How can they really understand what their employees do to fairly evaluate their performance? That is the question. When it takes much overtime and extra effort to invent a new computer program and report the Technology Manager responds in a performance review that the employee works so much overtime due to ineffective time management skills, for example. NOT TRUE. Inaccurate performance evaluation. That is an example of having a Manager in Technology who does not even have a college degree. They do not correctly comprehend the technical situation.

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Post ID: @3coa+1gYbEGaw

Don't need much to lead a monkey around the room. Just need a short leash and a BIG banana

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Post ID: @3uoz+1gYbEGaw

I have a college degree and I don't judge those that don't because I am not a high brow jerk.

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Post ID: @2pvk+1gYbEGaw

A college degree does not necessarily mean that you are smart. There are plenty of people with degrees that are complete mo--ns/useless.

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Post ID: @2may+1gYbEGaw

Wow, look at these posts. Wells employs LOTS of uneducated people!

In an instant, I now understand why there are so many lifers here. The external market won't have you without a degree for most career jobs.

Even if you think college is a waste of time, the market disagrees, and that's all that matters when you're the payee.

Wendy's is definitely hiring though.

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Post ID: @2rxs+1gYbEGaw

Lol most degrees don’t mean anything anymore. Sorry to break it to you…
Not sure where you have been.

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Post ID: @2maa+1gYbEGaw

Quit your whining. It will only backfire on you.

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Post ID: @2jgf+1gYbEGaw

@2fnw+1gYbEGaw Your argument is ridiculous. This is like the guy that is selling something on ebay and lists it for the same or more as similar items are listed on ebay. The issue is that they are still listed - in other words, no one is buying, or in the case of employment, accepting a job that pays less than their skill level. How many times have you seen a job for tech that is classified as entry level, but you need 10 years of experience using Linux and writing scripts?

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Post ID: @2hkj+1gYbEGaw

@2uzu+1gYbEGaw with the exception of San Fran and NYC, how many tech people are making $200k? Check with the department of labor for tech jobs. Tell me which ones are making $200k. The median for the highest paid segment is 131k for research scientists. Factor in location, specialty and experience, and the lines get closer together. Add the fact electrician and plumbers are not carrying student loan debt. Now think what happens when your job gets transferred to India.

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Post ID: @2ivl+1gYbEGaw

A coworker noticed this too that many of the job postings are not requiring college degrees recently. More licensing requirements like series 7, 66, etc. are what they are looking for.

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Post ID: @2wuo+1gYbEGaw

College degrees haven't meant a thing for about a decade or longer, especially in tech.

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Post ID: @2xfl+1gYbEGaw

Part of Wells Fargo's success is ignorant and cruel management.

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Post ID: @2szf+1gYbEGaw

We had an intern on my former team. Job was "personal assistant to the VP". They later hired that intern, who was then fast-tracked and is now (10 years later) a manager.

That intern had some kind of we---e degree. Nothing technical or financial related. There were also certain checkboxes being checked, as well as an executive VP going to bat for them.

For some people, opportunities will be "created". For others, there will never be opportunity, no matter what. It doesn't depend on how smart you are, how hard you work, or what your degree is in.

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Post ID: @2mij+1gYbEGaw

@1rxs, I guess those electricians, plumbers, mechanics you know are totally different than the ones Indeed knows who make 1/4th of that. And Indeed knows the union ones too.

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Post ID: @2fnw+1gYbEGaw

It is just fine if the Wells Fargo employees with only a High School diploma are more qualified to be the Managers there than the employees with college degrees or Masters degrees. It is just when such employees give negative feedback on their employees who may actually have many college related and technical skills that they do not understand much about, and misinterpret that representation in the work effort that is depressing

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Post ID: @2nda+1gYbEGaw

It is fine with me if Wells Fargo hires Technology Managers who have only a High School degree.

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Post ID: @2xgv+1gYbEGaw

BS the Manager I reported to with no college degree did not even know what the math symbols meant in computer code or business requirements.

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Post ID: @2nij+1gYbEGaw

People told me to pick up this big rock, so I did. People told my manager to pick up a big rock and he didn't. Why is he smarter and harder working than I am?

That's you, OP. That's how you sound.

Degrees do not confer a special ability to be smarter, more talented, or more hard working. If you can't prove your worth in the real world, you missed the whole point. The people doing it without additional education have proven themselves to be that much better than you are. Enjoy that feeling.

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Post ID: @2lvb+1gYbEGaw

@1rxs, you're FOS. Even if they own their own business, they'll need more than a few employees to approach $200k. I'm sure there are some specialty welders and diesel mechanics that make $80k, but most would be making $30 - $40k at your local goodyear or welding shop.

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Post ID: @2uzu+1gYbEGaw

Guess OP hasn’t heard Master’s degrees are biggest scam in higher education

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Post ID: @2riu+1gYbEGaw

Many, in fact most, so-called managers in Tech Control, do not have a relevant degree. There is a music major who is a senior director. Another senior director is a history major . Other than the fact that these two women are lily white , no real qualifications to highlight there . But the fact is that they do have a college degree . The people below them had even master’s in engineering or computer science . Most did not last here . Or did not want to last . Take your pick

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Post ID: @1dch+1gYbEGaw

Back to the OP's questions.

OP you don't understand how the world works, and you have a huge ego issue. A degree doesn't guarantee you anything. And it certainly doesn't make you superior to all others who don't have degrees.

Now to your specific question, someone evaluating your work doesn't have to be able to perform your work in order to evaluate you on it. Think about it, how is it that an olympic judge can rate an elite athlete when they couldn't possibly perform any of their actions? it's the same with any physical, technical or intellectual endeavor. judging or evaluating does not require the ability to do the task being performed.

You may have a boss that's evaluating you unfairly. That certainly does happen here and elsewhere.

Or... you may just be egotistical and resistant to feedback. The condescending tone of your post suggests that might be an issue for you.

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Post ID: @1nwk+1gYbEGaw

Well, you know what they say about arguing on the internet.

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Post ID: @1lxk+1gYbEGaw

While the OP is id--tic, it's also id--tic to claim electricians, plumbers and welders make good money. The only time they make good money is if they're in a union that extorts it from society.

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Post ID: @1oca+1gYbEGaw

And your and you’re.

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Post ID: @1gym+1gYbEGaw

It’s Johns Hopkins University. Not John’s.
At least college graduates know the differences between there/their/they’re and it’s/its.
A ton of posters on this site do not.

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Post ID: @1sxy+1gYbEGaw

I know schmucks who’ve graduTed from Ivy League schools, so call Trud one places like Georgetown, USC, Berkeley, Florida, Penn State, Duke, etc etc. some, like state school grads or no college having grads, are/were d-mb as Rich’s. Some were smart.
All college shows us you found a way to get in and afford it and graduate. It means nothing about talent or leadership. Look no further than the joke from John’s Hopkins.

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Post ID: @1lqu+1gYbEGaw

A legal case from 7 years ago that found that it is, indeed, legal NOT to pay interns under a set of conditions. Surely this means US companies most certainly do now WANT to pay them even though the US company people posting here allegedly work for actually do. The people who work here are truly some of the d-mbest.

https://www.dol.gov/agencies/whd/fact-sheets/71-flsa-internships

P.S. the case in your Forbes article is footnoted in the FLSA fact sheet so I’m guessing those Black Swan interns were really just running coffee and ordering lunch. Maybe they should have spent the summer working at Starbucks instead.

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Post ID: @1yeh+1gYbEGaw

@1djy sick burn bro.

https://fortune.com/2015/01/29/unpaid-internships-legal-battle/

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Post ID: @1mgg+1gYbEGaw

Don't know for sure, but don't think current manager or previous manager have college degrees. I'm in Technology and have a master's degree. Both managers were trained in the military and I have a lot of respect for their skillset. While I enjoyed college, I understand it's not for everyone.

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Post ID: @1acx+1gYbEGaw

@ynr+1gYbEGaw you most definitely work here - probably in management. First you post:

“In the US we don't train interns because that means we'd have to pay them for doing compensation-worthy work. US corporations don't like to pay interns.”

Someone replies that we pay interns - pretty well! Also have them doing real work.

You reply that was part of your argument, which it clearly was completely to counter your point. I mean, wow, maybe it’s not WF at all. Maybe they just hire people who can’t communicate and change their pov when shown to be wrong. The kicker being that you chalk it up to the person disagreeing hasn’t been here that long.

Wells Fargo “leadership” in a nutshell. Yikes.

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Post ID: @1djy+1gYbEGaw

Will look into this new option in light of my recent layoff from Wells Fargo. It is the psychology of the job loss, after > 10 years of dedicated work for Wells Fargo, more than a financial gain type of thing.

What bank is better than Wells Fargo?
Chase may be better than Wells Fargo when you're on a tight budget. The bank slightly edges Wells Fargo out when it comes to monthly account fees, saving you some money on your everyday banking.Feb 11, 2022

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Post ID: @1vll+1gYbEGaw

I have recently decided that after I am finished with the recent Technology layoff and receipt of the severance payments I will transfer all of my financial transactions from Wells Fargo to a different bank or credit union that does not "Follow the sun". It will no longer be "free" checking at Wells Fargo after the layoff. Will search for a better banking deal with my employment payment deposits, credit card, and other income payments that I currently use Wells Fargo for. In addition I will request from my son, who has used Wells Fargo as his bank since I have been an employee there for over 10 years to also transfer his banking transactions such as pay deposits and credit card charges to a different bank also.

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Post ID: @1kwc+1gYbEGaw

Manager could well be dead on with his assessment. I see so little working technology here and even working applications are from the 1990s.

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Post ID: @1ibv+1gYbEGaw

OP is a freaking academic.

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Post ID: @1ekp+1gYbEGaw

@mme+1gYbEGaw

lol, it's funny when tech guy thinks he isn't next on the AI chopping block.

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Post ID: @opm+1gYbEGaw

@iac because corporations got sued for not paying interns for doing compensation-worthy work. Your rebuttal was built into my argument. Maybe you haven't been here that long.

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Post ID: @ynr+1gYbEGaw

Familiarize yourself with the Fair Labor Standards Act. Interns get paid or they receive college credit as an extern.

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Post ID: @eii+1gYbEGaw

@waq+1gYbEGaw

Sounds like my career has been identical to yours. Gave up a management role and went to a senior position. Too many sacrifices personal beliefs and fairness to all that were on my team. A manager doesn't have as much "authority" as you may be lead to believe. A wise person will take note there is more to life than money, power, and control.

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Post ID: @evv+1gYbEGaw

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