The Wells Fargo response in other words... "*** you."

Sounds to me that the statement from Wells Fargo means... they are perfectly content with the salary they offer, and were not moved by this email in the least. The executives will go on reaping the rewards of the menial worker bees, and think nothing of it. I agree with Mr. Oates... that corporate America's view of the value of their workers lies only in what other companies are willing to offer them. That is a sad reality, and doesn't leave much hope or ambition for the American worker. But company execs better pay attention. In the long run, you get what you pay for. They may find that the wheels that drive their almighty machines may slow down a bit. Wheels that don't get any grease rust and freeze up!!

Spoken like a true socialist....comrade.

Actually that's Reagan's trickle down economics.

HAHAHA these aren't billion dollar payments to terrorists or blanket amnesty for illegals we're talking about here. I mean, those are the things I associate with Lord Reagan. All Praise.

not even close...

Yes, that's the actual theory.

ummm - no... its not.

Sure is.

No, actually, I find it really disgusting that the corporations don't value their employees any more than that!. But, are you really surprised at their reaction? Did anyone really think that the CEO was going to jump out of his chair and say "Oh, by God, he's right! Let's give every employee a $10,000 raise!" Come on! Americans need to wake up... our society has become more socialist than we are willing to acknowledge or admit out loud!! All of this talk of "income equality" is a pipe dream!!

Tts not about if they value the employees or not, wages are set just like prices on consumer products by the market. As a for instance for my job I travel 7 states and the wages vary greatly throughout those states. There are areas that Macdonalds and Walmart pay $23.90 per hour and areas that they pay $9 per hour at Walmart and less at Macdonalds. Wells Fargo is not a low paying employer this article is written asking to be paid $20 an hour or $42,000 per year as a teller.

You have no idea what Socialism is. Educate yourself before you make blanket ignorant statements. Social Security, Medicare, American Highway System, defense spending (F22, F35, M1-A1 tanks) all of these are Socialism. To put it in terms you might understand. The government gets taxes (wealth) collected from citizens. Then paid for such programs with said money (redistribution). Sweden, Finland, Norway, Germany, France, Great Britain all do this.

Spoken like a true idiot.

Jesus is correct those are socialist programs. But the constitution gave our federal government the power to do public works eg highways and bridges also to defend the nation but it did not give it the power to start a retirement plan or health care plan. And as for the employees need a raise maybe they do maybe they dont. I have three friends that work at Wells Fargo and they all get paid more than most people with similar jobs do in the market. The email writer is asking to be paid $20 and hour as a cashier. I could see an argument for a 8% raise just the the executives but it depends on the market and what those jobs are worth in the market.

"And all of our team members' compensation levels exceed the federal minimum."
The federal minimum is below poverty level.

If you don't like what you make at work, get a different job. If you lack skills or education to get a different job, then improve your skills and education.

It doesn't quite work like that in the real world. In the real world people need jobs and can't go from job to job because employers don't offer living wages.

Wages have not kept up with cost of living. That isn't good for the economy.

Or form a union and force them to pay you a living wage... It is no coincidence that incomes are falling as union member decreases.

Unions are what is killing this country. It gives fake power to people who aren't smart enough to get better jobs, when the real power lies in the administration of unions who do what is best for themselves and their buddies. Reality check.

7% is union and they are killing the US
Really?

yes, the government unions are

First of all good for you second in most cases Wells does pay above market. The guy writing this article is a teller and admits he is getting paid $15 per hour and is asking for about $5 per hour raise so he wants to be paid $20 per hour as a teller

I wouldn't want someone like that on my staff.

Fine by me.

Of course Wells Fargo is going to give them the raise. Haven't you heard of trickle down economics?!

Trickle down economics are about benefits to workers because of the economy doing well -not one companies net worth. that's another theory called Marxism.

And the economy actually is doing better. The DOW has doubled, American companies are posting record profits.

And no, a company giving it's employees raises because it's doing well is not Marxism.

you're off track as usual. I'm not going to go in circles with an adolescent over non-sense comments. Look it up.

Because you can't.

No its because you dont see beyond face value. As for the dow its is where it is because the fed is borrowing at basically 0% so many fat cats are using loans to make a profit something you and I cant do. You could call this welfare for the rich, and you are right companies doing well giving their employees raises is not Marxism, but demanding a raise because of income inequality definitely is Marxism

This employee should be reprimanded, at the very least. What a moronic move.

A moronic move? Hardly. Was it a risk? Sure. However, he's doing something about a massive issue that everyone else is too afraid to lose their jobs over, just for standing up for what is right. He's worked hard for 7 years making nothing and getting nowhere following the "career growth" structure set-forth by Wells Fargo, yet the CEO will have made over $140MM in 7 years? Only a moron would sit back and say that's okay. A majority of the great 'ol USA lives around or below the poverty line while CEO's have more money than most people would even earn or spend living a fulfilling life. These situations need to be made more public and reform needs to be made to overarching pay-equality for everyone and not just the wealthy who make rules to keep themselves wealthy and everyone else struggling to live.

He made a choice to speak out, cc'ing many people and turning it into a story for the press, making himself a martyr for his belief in a cause. Exactly how many people do you think would hire him now that he has exposed himself as a loose canon and someone who make pose a financial, legal and press threat to a company? That is moronic.

You're part of the problem if you don't see anything good out of this move. You call him moronic, but any good change in this world didn't come from someone sitting back too afraid to stand up for what's right and vocalize issues that need to be addressed. What's moronic is that people have to be put in situations to work for 7 years without a voice and resort to these measures. Sure a company like Wells Fargo might not hire him because they practice the same BS, but why would he want to work there anyways? On the other side of the coin is a company or person somewhere who will see this man as a thought-leader and token for creativity in voicing a concern for not just himself, but hundreds of thousands of people at Wells Fargo, and hundreds of millions people in the US who are also trapped by the extremely rich. Don't be so shortsighted and scared - otherwise, you're just feeding into the problem.

Hardly. I never said that he shouldn't believe in it or that he should just sit back and keep quiet. He went about it the wrong way. That is the problem. There are many other ways he could have gone about pushing his efforts forward. I'm not short-sighted; just realistic. Come back a few months or a year from now and let's see how much his efforts helped or hurt the cause. No crystal ball needed to see that his stunt will hurt more people than help.

So what would be your way of "doing it the right way" that would garner national attention and require a response? Emailing his boss and asking for a raise? Yeah, right. Would love to hear the "right way" to handle this . . .

He has presented the wrong way. This issue is like every other one - think of a way to campaign around it (social media, gatherings/protests, etc.). It isn't difficult. This guy just blew it.

Right - because he has enough money, support, and time to do that outside of Wells Fargo, and wouldn't end up getting fired and/or be in the same predicament of "not finding another employer" from doing that as well? Your way offers little to no different outcome and a lot longer track (with no media attention) to get to the same point.

I'm sure there was a Jerry Turdbaum at the Boston Tea Party repeating something similar to what you just said.

your comment about Mr. Oates' move is so offensive and so unfair to him ... I believe Mr.Oates had (made) a very good point on his e-mail message to the Big Guy... most likely that Mr. Stumpf had already ordered someone to look into the whole situation more closely for appropriate changes ...I think your comment/thinking is way much more moronic!!

Wells Fargo response: "Raises? We ain't got no raises! We don't need no raises! I don't have to give you any stinking raises!"

'Salary review'-Profits are way up....next.

Not sure how to respond. But i feel I am in the same situation as he is. I work long hours per week. We do almost all the work. I mean, yes, before the pay was good, we get paid hourly. Now they call it "on call rate" which means they reduced our hourly rates by HALF! And we make money by doing visits. It feels like our team is not really compensated enough. Our pay is very unstable now, and we play catch up every week. Every week, I worry if I can pay my bills on time, or what. Working for 2 companies is not an option for me, due to the fact our hours is already equal to 2 jobs. I mean, I can only think of one solution: Look for another employer.

He can't make it on $15 an hour? I mean really? That's a great wage and if two people in a house make that per hour they are usually set up if responsible with a house, a car maybe two, a boat, fishing stuff and food on the table and all bills paid. What are you doing at $15 an hour that you can't live off of? That's insane...

"Hi I want free money. I don't have a degree like you do, Boss, but it ain't fair that I haves to gets up in the mourning an scrinp n save. Pleas gives me and my freinds free money thank you. Why do u have more money than me. Everyone should have the same amount of money no matter how long i went to school or what our skills are. Thank you. All of us should have the same incomes because you have more moneys than me" Ugh. Idiot. I hope that waste of skin was fired.

An Infantryman in Afgan right now makes less that minimum wage. Write a letter for him.

I did some salary tweaking in my days as a manager to bring people up to the right level but it was more because of what they where worth to the company - not how much some socialist sympathizer thought they should be worth because of the company.