Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Women's Forum

We recently got to be included in a watch party for a women's forum. I love uplifting events that focus on diversity. It was not the least bit condescending! The first presenter (the sponsor) was a man. Obviously, it should be a man! He described his... — read more 

Weekends?

Does weekends count for the three days in office? I work on Sundays anyway as a product manager. Can I go in office on a weekend and meet the 3 days in office requirement ?

XD Impacts?

Heard about imminent layoffs on XD content dev side due to outsourcing initiatives. Anyone else hearing this?

Health Account Expenses

I’m getting tapped to provide detailed receipts for nearly every medical expense. I understood the dermatologist but the one where I was put into the hospital for a few days? I feel like my HIPPA rights are being violated.

Vacation days

Whoa.. just looked at other financial institutions career pages and noticed many give employees 25 vacation days.. and 30 at 10 years. I’ve been at BofA for 12 years now and still only get 20 vacation days. And yea, they have personal days, but so do... — read more 

Transportation assistance?

Does Bank of America pay for transportation ? Do they reimburse you half or all? I’ll be taking the train daily and wondering if they pay for transportation at the director Level?

Internal mobility no longer an option

The bank now has a requirement that you have to inform your manager before you apply for an internal position (rather than if you get an interview). Since you rarely get an interview or offer from your first application imagine applying to five or... — read more 

relocation and salary

if you have relocated from a major metro market (e.g. NY/NJ) to another hub like Charlotte or JAX, how was your salary adjusted if at all? please mention what area/department and tenure. this has changed over the years, they used to adjust you down... — read more 

accommodations team

Has anyone dealt with a consultant that won’t answer emails or calls. I’ve sent out 3 emails and have gotten zero response. She sends out an invite to speak on the phone at her available time, i moved my schedule around and when i called no response... — read more 

corporate mobile device policy

is it mandatory all employees should get corporate mobile device? why my manager is forcing me to have one? I absolutely have no use of corporate cell phone use.

Working from abroad

Thinking of working from overseas for one week. I’ll come to the office every day the following week. Do I need to ask my manager for approval ? Is it allowed ? Anyone has done it ?

Service chat is hiring

Service chat is hiring for Merrill Edge. It is the absolute worst job in the history of jobs. Save yourself and do not apply. And you are welcome for the info.

Why no one is getting big raises anymore

A Bank of America Institute report shows the median pay raise for job-to-job movers has cooled. Job switching has slowed from its Great Resignation era highs. Middle- and higher-income job seekers could "have somewhat less leverage," per the... — read more 

Question

Does your line of business/department make you use sick time to use the bathroom?

Hybrid mode question please

I live about an hour and 20 mins away from the NYC office and considering accepting my offer. How strict is the 3 days from office requirement?

Does anyone else do this?

Show up to the office late, 9:30-10am and leave by lunch time 3 days per week to get their swipes in Pretend to be at capacity with workload but only working 2 hours daily or less Keep to yourself so no one bothers you about helping out with... — read more 

Negotiation Advice

With Mid Year Evals coming up, does anyone have any advice when it comes to requesting increased comp? Hoping to hear some success stories too!

incongruent salaries - your experience

I found a couple jobs online in NYC where pay range is included. they both a lower than my current salary. what is your experience in making a move to a role that is officially capped lower than where you are before you get there? band 4, front... — read more 

resolution team

the resolution team at Merrill Edge handles complaints and also when clients ask to speak to a supervisor. Not all team members have their series 9 and 10. This used to be a rule that you needed your supervisory licenses for this. Did FINRA get... — read more 

Is July 4th an exception week for tracking?

Is July 4th an exception week for tracking or is the in-office mandate of 3-4 days per week still required this week? My manager has been OOO for a few weeks so just trying to confirm what the expectations are this week as I can’t personally find... — read more 

Confirmed Laid Off ..

I saw today on LinkedIn a project manager is being laid off in 2-weeks due to budget cuts. This person has been there just a year. Sorry I do not have more information than this.

Truist investments

Which is worse? Truist spending over $100MM for a C level Golf tournament sponsorship OR Certus decommissioning $1MM in Pennies for wall art?

Mental Health leave

Has anyone been approved for a paid leave for mental health? What would be the process and how long does it take?

Layoffs Nov/Dec 2024

Has anyone else heard of upcoming layoffs this Nov/Dec? I learned of meetings happening where 12-18% workforce cuts were discussed and changes to the operating budget of several LOBs. Some of our internal tooling data to my surprise showed those... — read more 

Key stroke tracking

Serious question-is anyone aware of upper management using tracking software to monitor their employees key strokes and emails, pings, etc. how does that work? Do they have to load something into your computer or? What would it be called? Is that... — read more 

Scorecards for Third Party - Roll Out POST ESAT

Very interesting that the concept of scorecards has been in the works for half a year but kept top secret until the ESAT is almost complete. Why not be open and transparent? Because the management team is manipulating the ESAT a results by... — read more 

Heads up on WFH video background craziness

In some areas leaders are now asking employees to let them know when they're working from home IF they're using a background on video calls that day. Because the perception is a background means you're working from home. Not a rumor, happening in my... — read more 

Citi

Citi increased maternity leave to 24 weeks. Will Bank of America do the same?

CVL org change?

Anyone have any information about the CVL move back to mortgage? It's all been very hush, hush. No major org announcement and all folks have been told is all of Sales, including ops, is moving under mortgage. Effective immediately, Flagscape updates... — read more 

Online and Mobile slipping

I guess our digital folks are slipping and Aditya is just blowing smoke to the public, as our customers are not as enamored with our Online Banking and Mobile as Aditya is enamored with himself. We slipped Mobile app customer satisfaction Capital... — read more 

Credit Assistance

Tap in: rumor mill says you love the CA role, i personally think it’s one of the worst there is. Curious to know how many truly love it, or they are just as miserable specially those that were transferred without any say.

Associate Survey

Gentle reminder to complete the associate survey if you have not done so already. Completing the annual employee survey is crucial because it provides a platform for staff to voice their opinions and feedback, which can lead to meaningful changes... — read more 

Feedback

Does anyone know or have any experience with a MA. A coworker was advised that they cannot guarantee a job or their job and can’t tell if it’s a scare tactic or they will legitimately let them go. Looking for advise as they are currently going... — read more 

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