Thread regarding Wells Fargo & Co. layoffs

Leaving

Do I call HR first and tell them? And then my. Manager? Or vice versa?
Who in HR?
Is there a need to tell them I am retiring vs. leaving?
Does HR tells me what $ value I get for my pto?

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Post ID: @OP+1r54jyTm

15 replies (most recent on top)

Just do no work until the axe falls if it is possible. Not much benefit in ‘retiring’ since WF ki-led pensions. If you can’t wait then retire instead of quit. I am patiently waiting to see what I do first. F this place, it isn’t worth it

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Post ID: @1iqk+1r54jyTm

Let executive team know how incompetent your manager was.

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Post ID: @axf+1r54jyTm

IIRC you can simply click a button in Workday to end your employment.

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Post ID: @sqn+1r54jyTm

Definitely retire if you are eligible to, as you will get to keep RSRs if you have any. That’s really the only benefit to retiring. I retired last month and got my bonus. I hung on for that, as it’s not guaranteed if you retire in the fall.

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Post ID: @bko+1r54jyTm

There is a manual on Teamworks that goes through all the steps. Ignore the do nothing advice. Your manager sets your departure date. Make your departure date early in the month like March 2. Your benefits are in place for one month past your departure date. This way you keep two months of medical coverage in place.

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Post ID: @dxc+1r54jyTm

Change your Teams status. That feeds to linkedin

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Post ID: @llb+1r54jyTm

If you decide to leave for whatever reason, do it properly, professionally and respectfully. Your manager can hit button that says, do not rehire. You will be coded as non hirable again. Big mistake that immature people make. Never, ever close a door permanently with any company, you never know when you might want or need to come back. I have seen this happen too many times when, after a year or two, someone wants to return but they closed and locked door permanently behind them and kick themselves for letting their immature actions get the better of them....

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Post ID: @uje+1r54jyTm

You can formally resign via Workday

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Post ID: @ead+1r54jyTm

Just stop showing up and cash the checks for as long as they come? That's my plan.

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Post ID: @mkx+1r54jyTm

Is this the only job you’ve ever had?

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Post ID: @xfs+1r54jyTm

You should officially go through the retirement stages with HR in case you have RSA shares that have not matured you will still get those in retirement and you will also get the match for what ever you contributed in 2024 for your 401k. If you don’t officially retire you don’t get any of that. I am not sure there are many other benefits to officially retiring with Wells.

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Post ID: @hwj+1r54jyTm

If you ever want to come back one day (who would, but just in case) be sure you indicate you are resigning. Otherwise, it'll go down as a job abandonment. This will make it almost impossible for you to be hired again in the future.

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Post ID: @lcd+1r54jyTm

Send an email to your manager. If you don't care to you don't have to give a reason. The purpose of the email is so that there's a written record that you left of your own free will - not laid off or fired.
Mine said:
Subject: RESIGNATION
Body: Notice of resignation effective X/XX/XXXX.
That's all that's necessary. (IMO the FU was implied. He was free to take it any way he wanted).

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Post ID: @mdy+1r54jyTm

nobody knows the pto balance but they will pay it automatically. give your manager a resignation letter and check to make aure they entered the notification date and last day worked into workday

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Post ID: @lzp+1r54jyTm

There should be a option somewhere via Workday. You're an At Will employoee, no need to disclose anything. leftover accrued PTO is paid out like a full day of work.

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Post ID: @den+1r54jyTm

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