WF raises base?
Did wells raise their base to 110 or something else? Saw a comment on here saying they did it yesterday
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Yes 110/125/135 across IB, effective July 1
I sure hope corporate banking is included as well. Morale is lower than ever, due to their snub the first time around, and everybody's pissed!
In case anybody's wondering, every single BB & MM corporate banking group (even those not housed within CIB [e.g. JPM]) received salary raises to match investment banking pay with exception of Wells Fargo. They've already lost a number of heavy hitting senior folk, and their juniors are all headed towards the door. If this keeps up, all that will remain of Wells CB will be a flaming pile of sh*t!
Is that how this usually works? I’m an incoming SA and if they bumped our hourly even more that would be nuts
SA hourly rate increased from 40 an hour to 53 an hour🎉👊🏻