Thread regarding Wells Fargo & Co. layoffs

Bonus and raises

Mine is 15% bonus with a 3% raise (east coast). What's yours?

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Post ID: @OP+1jjsqz7dr

102 replies (most recent on top)

6% bump 37% bonus
Lead examiner

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Post ID: @ew+1jjsqz7dr

P4- meets
18% bonus
3% merit inc.

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Post ID: @ek+1jjsqz7dr

Does going from P4 to P5 put you in a higher bonus range?

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Post ID: @eh+1jjsqz7dr

Lead Risk Ofcr
Meets
2% merit
33% bonus
Will be displaced in 2025 (non-hub)

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Post ID: @e9+1jjsqz7dr

P4 -meets - bonus - 12.5%
Merit - 3%

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Post ID: @e8+1jjsqz7dr

lol so all this tells is C suite and execs give themselves the exceeds and 40-70% if pay bonuses. Then when this trickles down there isn’t enough money left over for the real workers lmfao

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Post ID: @e7+1jjsqz7dr

P4 exceeds
23% bonus

  1. 5% merit.
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Post ID: @e4+1jjsqz7dr

Vp...Texas..

  1. 4% raise....21% bonus but bonus slightly down yoy...
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Post ID: @e3+1jjsqz7dr

LCMO

  1. 25% merit

bonus flat YoY 12% (Old comp plan the target was 20%)

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Post ID: @dy+1jjsqz7dr

@dr+1jjsqz7dr

It's apples and oranges though. What was your bonus before they switched to the new system with no target?

A lot of us were paid these bonuses for years and kind of got grandfathered in. The issue with that though, in my case, I have a compressed salary vs other but a higher bonus (around 40%). I got a little sc--wed though when my salary went up, my bonus stayed fairly flat and this reducing my bonus %. In the old days, my bonus would be about $5k-10k higher

You can't just go off percentages without knowing the hard dollars.

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Post ID: @ds+1jjsqz7dr

P2
Exceeds
3% merit
9% bonus

I’m aggravated at the percentage of bonuses handed out to others, while I get so little. I feel like I don’t matter.

Who am I kidding? I don’t.

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Post ID: @dr+1jjsqz7dr

P5, comp grade 150: meets, 41% bonus, 1.5% merit

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Post ID: @dc+1jjsqz7dr

Exceeds
20%
5%
Midwestern

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Post ID: @cm+1jjsqz7dr

Senior engineer role in IT
SAVP
Meets

  1. 4% merit (lower than last year)
  2. 5% bonus, which is the same dollar amount as last year. Percentage wise, the bonus is lower due to last year's merit.

Quite difficult to be motivated when the numbers go down and workload increases. I expect to get laid off at some point this year.

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Post ID: @c9+1jjsqz7dr

Executive Director, P5
No Merit, no bonus
3rd yr IM, victim of calibration
Over 60
...previous yrs always meets or higher
RTO, location strategy, layoffs and OC driving culture of old ..boys club..of subjective popularity games. Stuck, cant move...destroyed my career with this one move. What happened? Its like I went in a time machine back to 1999.

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Post ID: @bx+1jjsqz7dr

p5, 1.5% merit, 40% bonus

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Post ID: @bw+1jjsqz7dr

if your boss doesn't tell you before 2/8 then you can see it in workday as that is when it becomes effective

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Post ID: @bv+1jjsqz7dr

Lead risk w 40% bonus and 5% merit

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Post ID: @bt+1jjsqz7dr

@bm+1jjsqz7dr clearly the directors are all being given exceeds for being yes-men on hiring in I&P and laying off American jobs.

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Post ID: @bs+1jjsqz7dr

Is it possible to know your raise in workday before your manager communicates with you? Or do mamagers control the release of workday update until they communicate it?

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Post ID: @br+1jjsqz7dr

Are there any directors who didn't get an exceeds? Sounds top-heavy and lopsided to me.

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Post ID: @bm+1jjsqz7dr

Executive Director, exceeds, 5% merit, 40% TVC

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Post ID: @bj+1jjsqz7dr

8% bonus. Meets. 1.5% merit. My morale just tanked.

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Post ID: @bh+1jjsqz7dr

Lead engineer
~4% merit
~20% bonus

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Post ID: @be+1jjsqz7dr

Lead Control Officer - 16% Bonus, No raise

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Post ID: @bc+1jjsqz7dr

Meets, Bonus-12%, merit - 2.85% lead software engineer

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Post ID: @b9+1jjsqz7dr

40% bonus and 4% merit

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Post ID: @b8+1jjsqz7dr

@b6+1jjsqz7dr

Min bonus is zero

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Post ID: @b7+1jjsqz7dr

P4 Meets
Bonus: 7.78%
Merit: 2.4%
I thought there was a 10% minimum bonus for P4 which is what I got last year. Am I wrong?

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Post ID: @b6+1jjsqz7dr

13% Bonus. 3% raise.

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Post ID: @b4+1jjsqz7dr

Lead product 20% bonus and 3%

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Post ID: @b3+1jjsqz7dr

Lead product manag
12% bonus 3% raise

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Post ID: @b2+1jjsqz7dr

P4 promoted to p5, exceeds
Bonus 70% of base (2/3 cash 1/3 RSRs)
5% raise

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Post ID: @b0+1jjsqz7dr

@a6+1jjsqz7dr

Title, rating, bonus and merit are the exact same for me as well.

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Post ID: @az+1jjsqz7dr

P5
Meets

Raise: 4%
Bonus: 30% of salary

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Post ID: @ay+1jjsqz7dr

P3, meets, 2.5% merit

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Post ID: @ax+1jjsqz7dr

Lead. Bonus dollar amount was higher this year after 3 years of the same dollar amount. About 18% of salary. Raise. 2%. Meets.

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Post ID: @aw+1jjsqz7dr

Sr Mgr
Bonus 37.5% of salary
Merit 5%

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Post ID: @av+1jjsqz7dr

Lead Control officer -meets- 11% bonus 2.5% raise

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Post ID: @at+1jjsqz7dr

Engineer Bonus 14k Merit 5%
Same Bonus but Merit doubled from last year

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Post ID: @as+1jjsqz7dr

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