https://fortune.com/2023/02/03/bank-of-america-ceo-brian-moynihan-slowing-down-hiring-taking-pay-cut-30-million/

99% of all company business lines pays cheap. It's a sweat factory for talented and hard working peple because you do lots of work for ppl who only kiss axx or are favorite of managers. Math PHDs in company top modeling teams may get 200k total... — read more 

Fraud team here.. My manager is clearly showing favoritism towards a peer which is very evident to all across her org. Often other team members will be yelled/disrespected/least respected on team calls while that specific favorite will be handled... — read more 

I'll be honest I don't mind showing up to work (hybrid or WFH) and doing what I need to do, but the work is so u bearable in tech and all the app and project governance just ki-ls any productivity. I'm now miserable and hate the process so much. Sad... — read more 

Does this really happen? Is it true that a manager can only give out one E/E per their whole team?

If BofA relies on attrition in order to save on severance pay, then I don't know how successful that "strategy" is for them?! Despite all the pressures, none of my colleagues have left for a long time, not because they want to stay here, but... — read more 

I need to post out of here asap.

What is the in person requirements for teams in GT&O that are registered in the agile registry? Is it like WF where they don’t have to go in a set amount of days and just for special meetings?

I read about people on here waiting to be laid off so they can receive a severance package. What exactly is the package? I came across another thread that said 2 weeks pay for every year worked. Feeling very nervous and in the dark about all of... — read more 

Team has been 3 in office 2 at home for a while, but not everyone adheres to this. Some I know only go in once or twice a week. How is this stuff monitored and are there warnings/escalations or does someone just run a report one day and fire... — read more 

https://www.efinancialcareers.co.uk/news/2023/01/bank-of-america-recruitment

Does anyone have any feedback on aml operations under Patricia clement? I am considering taking up a band 4 role and would like to know what the culture is like. TIA

Seriously cr*p bonus $ (down 25%) ….. considering all the issues we’ve had and continue to deal with the last year. Anyone else quiet quitting, bare minimum, here I come.

I see alot of people complaining about low raises or bonuses. Remember the bank does not care about you. Don't go the extra mile for it and have low expectations, if you aren't getting paid well then move on. All the double speak your managers... — read more 

What's even more frustrating than the actual work from office is the fact that rules here are never applied equally to everyone, so someone will really come to the office regularly, and those who are favorites will successfully "avoid" that rule... — read more 

When are bonuses paid out? The 30th of this month or next month?

Manager hasn’t scheduled me for a comp conversation and I’m seeing conflicting information in threads. I keep seeing no raises and 20% reduction in bonus but healing internally that the go ahead to release info hasn’t been received. Are both of these... — read more 

I'm tired of being denied promotions because my manager and those above him think that if I get promoted, then there will be a vacuum in my current role. What do they want me to do? Stay in the same position forever? I've been doing this job... — read more 

So how many are we getting? What is the breakdown by salary level?

How does one actually get a title promotion? I’ve read the criteria for various titles but how does it actually work? Is it basically Mgmt talking to HR and getting them to click a button?

No merit increases this year despite record inflation and Brian Moynihan getting huge 30% raises year over year. That’s one way to chase away top talent! This company isn’t what it used to be… you bust your a-s to the bone and get absolutely nothing... — read more 

Those who seriously intend to leave, I wonder if there is anything that could make you change your mind about leaving this place. I am quite skeptical when someone tells me that the grass is greener elsewhere, because it all depends on one's... — read more 

Normally BOFA announces bonus for employee during January. Did any body hear about annual bonus?

Shouldnt a manager make more money than his team associates? How does that work?

Manager called team together and informed of mandatory 3 days in office to be enforced. If they are calling meetings to enforce this is this part of the new get people to resign and reduce head count ploy ?

That Brian won't get another 31% increase? Praying he gets enough so he can feed the family. I'm happy getting 20% smaller bonus and no pay increase. We all need to sacrifice for Brian and the shareholders. And for folks complaining about coming... — read more 

Why wasn't there a company wide notification email to all employees about this? https://www.yahoo.com/lifestyle/bank-america-slammed-money-suddenly-212936597.html

After reporting a very bad bully to HR, employee was given shorter project deadlines. However employee still succeeded with meet at yr end review. But, employee received an "Action Plan" too for not manage time good per management. Employee had... — read more 

https://fortune.com/2023/01/19/bank-of-america-ceo-brian-moynihan-slowing-down-hiring-low-attrition-past-target-headcount/ They paid a majority of the organization 7% to stay last year. Now we can't hire because too many people stayed. PLUS... — read more 

This place is getting worse by the day. Isn't it sad that there are more and more people who are still here just because they are waiting for a package, than those who still love working here?

https://www.wsj.com/articles/too-big-to-manage-banks-may-face-breakup-top-regulator-says-11673982801

Wells Fargo had layoffs last week, BNY Mellon is laying off right now, so when will it be our turn again?

https://www.yahoo.com/finance/news/dont-settle-workers-market-newest-110000824.html

Or is this just fluff language and means nothing to employees?? Only the execs get to celebrate and share the success with each other??

As far as I have noticed, BofA no longer strives to retain its institutional knowledge. There is more mediocrity than ever.

Does working at BOA interfere with you doing stock trades on your own, in personal accounts? Are there any requirements, disclosures etc. needed?

So our manager was on a call… talking about being sick, coughing, sniffling, and clearing throat non-stop… and sitting IN THE OFFICE while on WebEx. Ignorance at its finest. SO over this fake “let’s connect” excuse! You wanna connect?! Ditch webex... — read more 

Buy puts for 1/13 strike = $34 = $0.69 This is for all you complainers about not getting a decent bonus. Happy New Year y'all