My boss and team are nice - I'd feel a little bad screwing them over by leaving without them having time to create a plan for me leaving.
But on the other hand, WF sucks and I'd love to not help them at all.
31 replies (most recent on top)
If you are actually retiring, please check the Wells Fargo policy for how you should handle it. To take advantage of retirement benefits I believe you need to give a certain amount of notice.
Charlie, I thought we went over this. Just leave now, no one will notice.
Give the notice for the sake of.your immediate team. Recruiting your replacement will be painful enough.
Why would you burn all your PTO when you're in a position to get paid for it? If I retire from this place I'm not taking PTO all year. Selling it allll back.
Do they pay out your carryover PTO if you quit the same as normal PTO is paid out?
@1xpt+1eq0vTqR is proof these threads are infested with HR stooges.
Under Wells Fargo Policy, managers are forbidden to give references so you dont need to worry about that. Its almost Christmas so I doubt you will get a layoff notice by the end of the year. (Wells Fargo is sensitive to looking bad in the press) If there is even the slightest chance of you getting the layoff, I would not bother giving notice. if you are going to retire, make sure you have used all of your PTO first , don't carry over any and if you do, use it up right away in January , then if you are eligible for a bonus, you need to stay employed with wells until the payout week... usually in Feb. Then you can download all of your past w2 s and records to a private computer, be sure to capture your cash balance plan info and balance and your 401k info , just in case , then contact HR to be sure you fill out the retirement forms and that they acknowledge that its in process and THEN you can walk out if they have not laid you off by then. If you really like your boss, don't give him notice but ASK him if you can get laid off because you are thinking of retiring but need to weigh your options. If you tell him that you are bailing, he is required to inform HR and given the current environment , they may just cut your access that day so you would not have done your team any favors anyway.
Of course give the two weeks notice. This isn't a hard one, a two weeks notice isn't difficult to do.
I didn't say what motivated them to do it, only that they do it. Regardless, we get at least 60 days and sometimes much more. I know of groups that they have informed 6 months prior to the notification period starting. Maybe that's not out of 'the goodness of their heart' either, but in the end it doesn't really matter, you get notice is the point.
The company isn't hurt when you leave without notice. It probably makes them happy. It's just your directs, peers, and manager that will be hurt, so what exactly are people trying to accomplish by bailing no-notice?
1nli+1eq0vTqR
The 60 day notice you say the company "gives" is required by Federal Law. It is called the WARN ACT. It is not out of the goodness of their heart.
It's up to you. If you have been treated well, then give notice. I was treated like cr-p, so I ghosted them.
WF always gives notice...and these days the vast majority of people get paid for it and don't actually have to work, aka non-working notification period. I'm not seeing the equivalency. Company gives what, 60 days, employees give (in some cases) 2 weeks. There's a lot to complain about here, but notice vs notice ain't one of them.
Post ID: @1xpt+1eq0vTqR
Once you give notice, any hopes of a layoff are off the table, they are homefree! you're gone and it didn't cost them much.
2weeks notice for retirement is not at all normal and an as----e move.
and what's the difference between quiting and retiring? not sure why you would think this.
You say you like your boss and team; giving no notice that you’re retiring in Feb is only hurting them not “Wells Fargo”. I would give notice now and hope for a layoff notice! Either way, give notice now, 2weeks notice for retirement is not at all normal and an as----e move.
Not; don't say anything until bonus (if you're bonus eligible) money safely in the bank. Be sure to use the two personal days and any carryover before hand. I just wouldn't show up/log on for a couple of days, do one day on followed by two more no show days and see how long it takes them to notice. Once they say something, just say thanks for the memories and leave.
The company would give you two weeks notice, therefore I think you should give them two weeks notice too. Given that you’re retiring call mom I would assume that two weeks are not going to be enough for them to find and train somebody
WF wouldn't give you 2 weeks notice. They would just pat you in the back and kick you in the bu-t out the door. As the late, great Dusty Rhodes once said - THAT'S HARD TIMES DADDY
Go with your conscience. The 2 weeks will go quick. However, if your health is suffering then I would consider that first. Give them a day or two heads up seems legit. Notice is going out with the old ways.
Imagine how much time they would give you if they decided to cut your position for a save....
WF doesn't care if you help or not, so it's not 'sticking it to the man'. Your manager / peers on the other hand will be left to deal with the chaos. If you really did respect them you wouldn't even consider anything but a smooth transition. More importantly, if you respect yourself you'd do the same.
I'm very well off and will NEVER need another job or to use WF as a reference, so that doesn't affect my decision.
Retirement is when you want to hang it up. Not your employer. I made the call and walked a few months ago…. As far as Wells is concerned I could not care less.
You might want to get a reference from Wells Fargo if you need to get a new job in the future for some reason.
I agree with your sentiment. Unfortunately WF hardly cares and your team will be hurt the most.
Make sure to use your two personal holidays in Jan :)
I’ve had a very key contributor on my team die suddenly. The very next day his work was distributed and life moved on. Sure there were a couple hiccups, but for the most part everyone just figured it out. Your team and the bank will be fine and go on like you never existed.
If they won't pay out your vacation, then burn it before giving notice. You can have that conversation with HR by telling them you are considering retirement -- figure out what are your options before telling anyone in your group.
WF will not notice your departure. Your team likely will. All depends on who you are looking to hurt.
I'm below the WF age requirement for "retirement", so really I'm just "quitting" but its retirement for me.
Out of courtesy to the boss and the team, whom you said are nice, I would give two week notice. Not for the sake of WF, but because they will probably be the ONE good thing you can remember about working here.
You cut right to the chase by saying WF s_cks. No reason to just bail on the team. You won't be hurting WF as a company but your team. Why not give a decent notice. Very few times does one lose their job when announcing ahead of time their departure.
I would give 2 weeks - honestly even giving 2 months will not be enough but you should check Teamworks on how to retire as there is paperwork you have to fill out