Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Band 5 to Band 4 Raise Amount

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.

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| 2110 views | | 6 replies (last October 15, 2023)
Post ID: @OP+1oX8gXR8

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 

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| 2430 views | | 14 replies (last October 7, 2023)
Post ID: @OP+1oU4XbUn

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 

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| 2120 views | | 6 replies (last October 15, 2023)
Post ID: @OP+1oUUiE7H

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 

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| 1431 views | | 2 replies (last October 5, 2023)
Post ID: @OP+1oLdBub5

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 

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| 1350 views | | 3 replies (last September 27, 2023)
Post ID: @OP+1oImoftW

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 

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| 1570 views | | 8 replies (last September 26, 2023)
Post ID: @OP+1oHGNczY

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 

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| 1910 views | | 3 replies (last September 19, 2023)
Post ID: @OP+1oFI770w

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 

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| 1610 views | | 11 replies (last September 15, 2023)
Post ID: @OP+1ozC6Zlb

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?

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| 3170 views | | 10 replies (last September 13, 2023)
Post ID: @OP+1ouRoHn5

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.

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| 1240 views | | 7 replies (last November 1, 2023)
Post ID: @OP+1otuXb4J

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 

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| 1110 views | | 3 replies (last September 7, 2023)
Post ID: @OP+1otIs1If

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 

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| 2130 views | | 9 replies (last September 25, 2023)
Post ID: @OP+1otymzVO

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 

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| 1810 views | | 11 replies (last September 18, 2023)
Post ID: @OP+1ospHTsU

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 

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| 1670 views | | 9 replies (last September 15, 2023)
Post ID: @OP+1oseO1J4

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 

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| 2060 views | | 7 replies (last September 3, 2023)
Post ID: @OP+1onyjbtu

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?

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| 1170 views | | 5 replies (last September 5, 2023)
Post ID: @OP+1omLs6YA

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 

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 

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 

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