Thread regarding Wells Fargo & Co. layoffs

Bonus is on your pay voucher as of now.

I figured I would post this since there always seem to be a bunch of clueless ppl. Go figure.

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Post ID: @OP+1f6z6gaN

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@wtn

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BO-M! Hourly rate. You are already earning at the new rate as of Monday.

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Post ID: @adw+1f6z6gaN

Tax exempt only impacts fed tax rate not as etc. State doesn't allow exempt anymore sadly

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Post ID: @efk+1f6z6gaN

Merit will be on next check as it isn't effective until next week.

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Post ID: @tjg+1f6z6gaN

@wtn No, but you started earning the new pay rate as of Monday so you may be able to view it in another area of workday. I remember seeing a section that had my hourly rate. Go play around in there or wait for someone to post.

@yqf Im not sure why but it seems easier on HR to send one remittance for the payout. I went into my W4 and changed the status to tax EXEMPT and they still take out SS and state taxes. I have to pay tax on it next season but if you have kids and/or normally get a refund, it’s worth getting your bonus untaxed. When they tax the bonus payment, it’s taxed at a higher rate than your normal ck. I will go back in and uncheck EXEMPT today.

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Post ID: @mlw+1f6z6gaN

But it's not in your checking account yet.

Patience.....

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Post ID: @gcg+1f6z6gaN

Does anyone know why the bonus cannot be a separate check?

Many years ago, it was separated.

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Post ID: @yqf+1f6z6gaN

Do you see your merit increase as well?

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Post ID: @wtn+1f6z6gaN

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