Thread regarding Wells Fargo & Co. layoffs

Bonus - will it be split cash vs stock

Heard rumblings that the bonus will be split based on your total comp (higher you make the more stock vs cash).

And the stock is 4 years to vest. Any truth?

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Post ID: @OP+1kNJZcKp

10 replies (most recent on top)

anyone pulling down $50k+ in bonuses doesn't have much to complain about. 1st world problems for sure.

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Post ID: @4qyt+1kNJZcKp

yep. big chunk of bonus is redirected to stock grants that vest over 4-years - 25% per year

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Post ID: @4vqb+1kNJZcKp

Your bonus will be a 12 month subscription to The Jelly of the Month Club and you will like it.

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Post ID: @4oms+1kNJZcKp

The highest tier of 1mm+ total comp is 60% stock vs 40% cash.

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Post ID: @1bba+1kNJZcKp

Ha. My position doesn’t call for bonuses in that range. Guess my $15k cash I’ll have to suffice.

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Post ID: @qhn+1kNJZcKp

started last year where they made it default >=50k then it splits. Prior years the amount of LTI was department and managers determined. The split starts at 80/20 but the higher you go up the larger the split.

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Post ID: @ppy+1kNJZcKp

Over 50k has been that way for a few years (maybe longer)

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Post ID: @oob+1kNJZcKp

Real news

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Post ID: @lvg+1kNJZcKp

"Over 50k"

I wish!

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Post ID: @vfo+1kNJZcKp

Over 50k it’s an 80/20 split and vests at 25% per year.

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Post ID: @wtb+1kNJZcKp

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