2021 Avg Inflation = 4.7% 2022 Avg Inflation = TBD, Jan was 7%, its likely going to be higher for the next couple months and then slowly decrease and avg 6% FY If your salary was 100K in 2021 and you received a 0% merit, you basically have lost 4.7K... — read more
2% increase
Such a humiliation I have to say……No offense. Rating is a Meet. Good luck to y’all.
Retired employees’ bonuses?
Is it true that people who retired in 2021 get a prorated bonus next week?
Oh the good days
https://www.businessinsider.com/bank-of-america-gives-1-billion-in-employee-stock-bonuses-2022-1
Displaced Employees
Thos employees displaced or who had their roles eliminated, how do they know what they will receive for a bonus? Is there any communication?
BofA communicated pay increases today, they have a lengthy thread on this
Bank of America discussion on compensation increases (they shared numbers with employees today) https://www.thelayoff.com/t/1eZOOz2k
Thank you Charlie
Got my biggest bonus ever. Never saw such a big bonus under Sloan and Stumpf even while they were stealing from our customers
80% of Target Bonus
Only 80% of target bonus this year with 20% of it in restricted stock locked up for 4 years. This is not good.
Chainsaw - WF Cult
Did Charlie really say we sounded like a cult? Any details on that?
At least we are done with layoffs
Looks like Layoffs are over.
So, numbers are out in the open…
With numbers being discussed and presented I would be interested to know who is out and who is staying. Was this a last drop that will make you run for your life or the other way around?
F U schartface
First my title goes from something decent, to making me look like a fu---n coffee lady. Now you give me a raise that’s a slap in the face. But I’m sure you’ll get a nice bonus. And no! I won’t be thankful for the people who have to go in! Give me a... — read more
It’s Comp Time! How’d you do?
Did any of you get your numbers today? How are they?
Compensation talks start today...
Let's hope for the best....
Discretionary Contributions
Not layoff related, but hearing that we might get a 3% discretionary contribution this year payable late Feb/Early March. Anyone else getting that news?
Dr. Brent: Build Back Better
https://debeaumont.org/news/2021/getting-back-to-business-as-usual-should-not-be-our-goal/ How much are they paying this guy?
Pay ranges
Where in the world are we supposed to see lay ranges for posted jobs? I thought it was said on a prior post it would show for open jobs, but any I look at.. the section is blank. I also can’t even find the pay range for my current role in my... — read more
Breaking news: OSHA is withdrawing the Vaccination and Testing ETS as an enforceable emergency temporary standard.
Page 2. https://public-inspection.federalregister.gov/2022-01532.pdf
Left after 1 year!
I worked for WF for 1 year in a digital product role. It was a circus with now leadership.
Performance Review- Incons Meets
I got inconsistency meets, but no issue with my work in comments. Everything is positive as per my manager but they say I missed timesheets and HR is tracking so this is because of it. How true does it sound to you guys? Can anyone help and explains... — read more
Performance reviews
Did you get your review? What was your rating? How much bonus did you get? Please share in this thread.
W2
I quit WFC last year and wondering how do I get my 2021 W2? I already lost my access to Teamworks and I heard you guys now have the fancier Workday.
If you liked high inflation when the market was going up...
...wait until you see your retirement accounts when the market is tanking. Government and the FRB can stretch the laws of economics for a period of time, but the longer they do, the more severe the results when those laws reassert themselves... — read more
Technology Help Desk-long wait times
does anyone still work in this area
U.S. banks close record number of retail branches in 2021, Wells Fargo shutters most
U.S. banks closed a record number of retail branches in 2021. On net, U.S. banks shuttered 2,927 branches last year, according to S&P Global Market Intelligence data. Wells Fargo was the top net branch closer in 2021, closing on net 267... — read more
Express personal bias much?
Webster’s essential meaning of ‘bias’: ‘a tendency to believe that some people, ideas, etc., are better than others that usually results in treating some people unfairly’ Take one (Sept 2020): Commented that there is ‘a very limited pool of Black... — read more
HSA wellness dollars
Has anyones wellness dollars from rally activities posted yet this year? Last year it was posting for me in a week. Seems longer so far.
Agile....
This week I was on-boarded to Agile .... Yay! I'm going to be more productive! So the next day.... I spent an hour trying to add my epic's and tasks I spent another 1.5 hours attending meetings for the 3 boards I'm on where we all talked... — read more
Remember when Wells cared about the environment?
All that was pushed aside for DEI. Once the narrative swings back to climate change this is a topic that should be brought up regularly. Charlotte ranked No.10 on the list with those who worked from home saving $3,021 not commuting. This also... — read more
Extended pto
Do people take three weeks at a time, Often? I really really need to care for some things in my life and could use STD/fmla but really don’t want to use the fmla time unless I have to. I have a family member that I must save that fmla time to help... — read more
ICS... Another group suffering from "Work Theater"
ICS operates with a significant amount of work theater, which are people caring more about the appearance of working than doing actual work. Countless meetings with numerous attendees doing nothing, countless documents no one is asking for... — read more
How frowned upon is job-hopping on a resume?
I've changed three banks in the last six years, one regional, then BofA and now I'm here. I joined thinking I was making a positive move for my career but that turned out to be a bunch of crock. Out of the three, this is by far the worst place to... — read more
Who gets 4 and 5 in evaluation?
So I know the deadwoods in our team gets 4 for doing nothing lol And the hardest workers got 3. I think WF is just really fu---d it. Charlie is right about this cult.
If allowed permanent remote work, what city would you chose to live in?
Where would you reloacate?
New Testing Regime
Switching to lab tests in Feb. I presume the intent here is to require more expensive testing before transitioning from company-supplied to employee-supplied to coerce compliance? We shall see.
Jamie Dimon got a $3 million raise in 2021
Jamie Dimon got a $3 million raise in 2021, JPMorgan Chase disclosed in a filing late Thursday. The raise boosts the pay for the CEO of the nation's largest bank by 9.5%, to $34.5 million. The pay package includes a base salary of $1.5 million and a... — read more