Since we cannot freely talk about our raises at work, we’ll talk about it here. What kind of increase percentages is everyone getting in the US compared to last year? I have a sneaking suspicion that I am grossly underpaid for my role compared to my peers:
Performance rating: Meets but in my performance review, it’s documented that I ‘consistently demonstrated an expert ability…’ and ‘significantly expanded coverage and support…’
Percentage increase amount from last year: 1.47% - ridiculously lower than previous years
Get a bonus? How much?: $11k - continues to decrease $2k every year
If it doesn’t give you away, what LOB?: COO
P4 - Lead specialty software engineer
3 - Meets (prior year 4, and manager basically said they gave the 4 to the one being promoted)
$30k bonus
0% raise
Apparently in a low range for my role so the 0% raise is pretty demotivating.
There is no law or policy stating you can’t discuss it at work with others.
Inconsistently Meets (First time ever)
Bonus Zero (First time ever)
Raise Zero (First time ever)
Retirement age starting to think they want me to leave.
P4
Inconsistently Meets
175K base
30K bonus (decrease from last year)
0% salary increase
P3 meets
83k base
7k bonus
3% merit
COO
Exceeds
5% raise
$8,000 bus
P4
0% increase
$27k bonus
0% motivated
Meets
$24,500
P3
Manager quoted $3000 annual raise and $6k bonus.
Sr bus execution
Exceeds
Bonus: also received Jelly of the month club. Lol. Upcoming bonus, 60 day paid vacation in the 60 day Non-working employee status.
There used to be a document on the HR website that listed out every position at the company, along with the pay range (low-mid-high) for each market area. I can no longer find that document on the HR site, nor anything close to it on Workday. Does anyone know where to access this now?
Meets
45k
P5
feel free to email your coworkers what you make. nothing illegal about it and WF can't stop you. its more a cultural thing in the US to not talk about it. Our friends in India are much more open about it amongst one another.
1%
meets
33k
cto
p5
Meets (was told in comp discussion I was exceeds but mgr couldn't give me that rating) due to powers above
P5 5.5% merit
50k bonus. Which was same last year years.
Investment bankers get a lot bigger bonuses compared to commercial bankers.
Meets 2.5% $30,000 bonus
2 weeks ago before comp came out my manager announced on on an all team call that we are allowed to discuss or salary/raises openly. I think this dates back to some laws about anyone dealing in any type of government contracting or interstate commerce and Wells Fargo definitely falls under this jurisdiction as they do banking for many government/municipalities.
Absolutely nothing prohibits you from talking about comp. From a legal or company standpoint. It’s just that American stigma.
There was a very lengthy thread already about this.
42% Raise?
Or is that a 4.2% raise
Rating- who are you?
Bonus - jelly of the month subscription
No one is stopping you. Discussing pay is protected by law at the Federal level. Others may not want to tell you what they make, but you are not blocked from discussing your comp.
Exceeds.
2% increase.
Another tech slave whose numbers and rating are identical to @a4
Meats (yes, meats)
12k
Tech slave
Meets
2%
$18k
Cybersecurity
Meets
Fin crimes
No bonus
Meets
No thanks.