I am curious if anyone can comment on what % raise increase can be expected going from a Band 5 VP to a Band 4 VP? I know it will vary from different department but ballpark numbers would be insightful.
MEDICAL PLAN ENROLLMENT TIME!! (Pay attention)
As you compare medical plans this year you need to look at each plan and read the prescription coverage plans and requirements. I'm not crying wolf folks, do it. Last year I missed the changes myself. Across all 2 of the 3 plans you are required to... — read more
Coffee badging
https://www.cnbc.com/2023/10/05/as-return-to-office-mandates-pick-up-employees-find-coffee-badging-workaround.html Good way to beat rush hour traffic and get those 3 swipes in.
JAX Shuttle
Let me get this straight.. the parking lot closes as construction begun, yet we decide NOW is the time to reduce shuttles down to one?!? What geniuses are actually making these decisions? It’s absurd! I’m not working from the office again until this... — read more
When do managers find out about promotions?
Today, my boss claimed to have put me up for a promotion. WHEN will he find out if he is successful or not in getting this for me? And when do they typically communicate that info to us? And are these the same procedures re: determining who gets... — read more
When will this hiring freeze end?!
I have been with the firm almost a decade and got realigned to a pretty Cush job (not by choice), make good money, low stress, easy work etc but I am SO BORED! I feel like im losing my skills, not being challenged and no longer growing. I feel like... — read more
BAC 26.70 USD -6.81 (-20.32%) year to date, why?
Do you know why Bank of America is having such a bad year on the exchange? The other “big four banks” JPMorgan Chase, Wells Fargo, and Citibank are all doing better this year.
are you concerned about the "Reserve a Seat" in NJ office
this may lead to shortage of space for other employees, which may lead to overcrowding and discomfort for employees who do not have reserved seats.
Our bucket is small this year
Do they really think we believe the same s-b story year after year after year why merit increases will be “small”? Every year is the same bs story that the bucket managers were given is small and we should be understanding and grateful for job. I... — read more
Are people being laid off right now?
I noticed two of my Skype contacts were missing this morning and I can’t find them in the directory. Are the layoff wheels in motion?
Medical Accommodations
I’m seeing some comments here that medical accommodations have become more difficult to get. I have one (permanent) in place from 2017 which was not difficult to get (mainly because my Dr. knows the law and is well respected). Now 6 years later my... — read more
Accommodation- learn something new!
Learned something new that might interest some: Employers sometimes think they’re fine to request more medical information than they’re entitled to when it comes to accommodations. Employers need only enough info from you or your doctor to show (1)... — read more
GOMRCP/Keefer LOB
Anyone else have experience with this LOB? Externally, it seemed pretty good. Internally, it's a toxic culture wasteland. The expectations are inexplicable, unrealistic. You're expected to be perfect at all times, put work above all else, and never... — read more
RTO Rules
Why are RTO rules not same for everyone. Personally, i know so many people who are not even going 3d/w. What is HR doing about that?
Talking points..
Does the bank actually think we’re buying the BS talking points around the minimum wage increase reasoning?! It’s not to bring in strong new talent so they can offer more rolls to tenured employees.. it’s just to push out dedicated employees with an... — read more
Severance at Citi, Morgan Stanley, Wells...
anyone hear how many weeks the severed are getting?
This is a strange place to work and worry about layoffs
Have yet to see any layoffs but people are quitting left and right. The issue, is that many of these are the performers who have left. The socialites of the office think that by coercing out top performers or making them look bad will pay off... — read more
Is CPO leaving?
Hearing rumors in office. Truth?
I think about quitting 24/7
I just wish I had the courage to go through with it.
JAX Office Design - not OSHA approved!
So many people have complained about the Jacksonville office and the new open floor plan being miserable and uncomfortable due to the high glare/lights in your peripheral vision, and the freezing temperatures in the office causing folks to have to... — read more
Layoff procedure
So how do layoffs usually work at BoA? Does the manager actually have any say in it or is it more of an HR pulling names out of a hat or doing some cost basis analysis of individuals or checking off D&I and other numbers and stuff?
Manager ranking
Would be great if there was a manager ranging site. Simply publish the name and give a thumbs up or thumbs down. Similar to how we do associate ranking, but in reverse.
One positive
There's one positive thing that's come out of this shitshow that we call BofA - I'm finally feeling motivated to look for a new job. I also know that's true for many more employees who were putting off job search in the hope of better times changing... — read more
Associate Ranking
Any other managers been asked to rank the associates that work for them? I received a request today to rank the people who work for me from best to worst performer. No reason was given for the request so all I can think is that layoffs are on the... — read more
New Poster Question
Please don't beat me up for this, but how does one get time off for medical without going to a doctor. I absolutely need a break for my own mental and physical well being. No, I have not been to a therapist or psychologist, but if that is what is... — read more
Sick? Don’t come in..
COVID and flu are in full swing in many States including Texas and of course Florida.. be respectful of others and please don’t come in if you are sick. If they expect you to work from home during a natural disaster, then they sure as he-l can let... — read more
Former employee
Man, I worked for BAC for too long. Appreciate what I learned, but as a career vehicle it is a dead end. New job is incredible and my mental health I think has improved significantly. Don't underestimate how much BAC is weighing you down in life. ... — read more
Department?
No one ever, or rarely talks about exactly which department they work in. Personally, I am in Prepaid Fraud, call center and work from home. Mostly because we do not have an office to go to. I absolutely hate it and can not wait for changes to be... — read more
You guys see this news out of USAA?
They lay off people and... well, bad things happen. Spend time with your loved ones, take your families to the park. Go fishing. Get your financial house in order so you do not get to the precipice like this guy did. The executives don't care --... — read more
Enact
Was told we have to come back in the office although we haven't received an enact call saying the buikding was open. Can they do that?
Reassignment
Has anyone been a subject of reassessment recently? The manager tells you your position is eliminated and you can apply for a lesser job, a lower band as the only option. According to WSJ it’s a trick/strategy to make you quit or pay you less... — read more
Buckle up Florida..
Buckle up Florida.. Per usual, the bank and local leaders won’t give you enough notice to get home and secure your home or even evacuate before the highways are impossible to tackle. Unbelievable when they wonder why there’s so many people don’t... — read more
Offer from another bank
Anyone know if the bank will even entertain matching at this point? My group is severely short staffed and I’ve been doing my job and half of my time has been helping another manager with his teams work. It just seems like a 20% raise is hard to get... — read more
New EG.5 variant causing massive uptick in hospitalization nationwide.
I hope this company realizes that a new variant is causing many people to be hospitalized. There have been several employees in my area that have been hospitalized for covid. Human resources didn't even notify us. We found out word of mouth. This... — read more
3 days in, or else!
It's been said on all-hands calls. "RTO is all about returning to our culture." That culture is fear and intimidation as a workforce reduction tool, confirmed. I received a Band 2 verbal for working only 2 days in the office one week last month, a... — read more
Contractors - RTO
Are contractors officially RTO mandated?
Branch closures on the rise at Bank of America
I have been seeing many branches in the midlantic either temporarily closed or closed permanently. This is not a good thing to see here at Bank of America.. I already see other banks such as Wells Fargo, Citi., PNC and Chase closing many branches. ... — read more