Thread regarding Wells Fargo & Co. layoffs

Bonus and raise?

Have you all received a bonus and raise every year here? If you didn’t receive one, did it later lead to being laid off?

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Post ID: @OP+1jh95gxcn

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The one year out of 20+ that I didn’t receive a raise was the year my manager retaliated against me for reporting an incident. It took getting a lawyer to keep my job. I was miraculously off the pip, even though it was written in a way that made it impossible to meet. While I was out on my ridiculously short 6 week maternity leave he was fired. I never got that raise or bonus that year. And my pay was significantly cut for having a baby that year. I did receive a mid-year salary rebalancing that gave me an extra $2 in salary. He made a point of saying I didn’t earn it. Just a few months prior I was rated exceeds by the same manager.

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Post ID: @kz+1jh95gxcn

No raise for 5 years but did receive large bonuses. Incentive to work harder.

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Post ID: @j5+1jh95gxcn

One year no raise as they said I was highly compensated (no where near that now). I have seen a meets with no raise before as they were above range. They Used the excuse they had to be exceeds for raise.

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Post ID: @fx+1jh95gxcn

Yes, every year for 15 years. My first bonus was around $5k, now it's in the 40s due to promotions and general salary growth

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Post ID: @ak+1jh95gxcn

Until I was "bonus eligible" I got the standard WF tech "bonus" of $300 each year.

There have been 2 years when I got no nominal raise at all. The first was when I was on a small "information security" team (helpdesk) and my manager was actively trying to get me to quit because when she got hired into the job, I explained there was hardly enough work to keep me occupied for 1 hour a day, so I would gladly take a layoff, she said she wouldn't lay me off, then tried her best to get me to quit.

The second was a few years ago where despite no drop in performance, and no substandard rating, I got a slightly smaller bonus but no nominal raise, and it was explained to me that nobody did.

If you factor inflation into the equation, I've only had 2 years with raises in the past quarter-century+ here.

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Post ID: @a2+1jh95gxcn

Low bonus and no raise this year unless you are Consistently Exceed.

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Post ID: @a1+1jh95gxcn

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