Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Empty suit mofos run this company.

I have been here a while and this company is run by empty suit mofos. These people have no credibility or competence. They are all talk but no action. They have no real plan on the RTO agenda. They are no real leaders here. We are still having high... — read more 

Deleting my bookmark

I was laid off 1+ year ago and have checked this site almost daily in the time since. It took me until today to realize that I’m finally ready to let go of the anger (and pain) that resulted from the event. To all of my fellow FORMER colleagues... — read more 

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| 1500 views | | 4 replies (last June 23, 2022)
Post ID: @OP+1hm4oFf0

401k Comparison Report

I had the pleasure of looking at my dismal 401k this morning and noticed it was down -$41k or -19.2%, how is your doing this year? I’ve reduced my % from 14% to now 5% seeing that it’s just burning money into the red, moved that extra cash flow into... — read more 

How is Risk at BofA?

I am interviewing and just wanted to see if I can get some info off this board. Tried reddit too but nobody is responding.

Pay Increases

When asked by a 20 year tenured associate on a all hands call, what the plan was to increase experienced associates pay compared to entry level pay. The response was basically, we need to attract new people, we pay you what we pay you, and if you... — read more 

Salary Negotiation - BAC

Has anyone ultimately been turned down for a new role following salary negotiations where you asked for “too much”? Worst case is you accept less than you hoped for, right or wrong? Or did it backfire?

Given up trying to get promoted

I intend to quit a job because no matter how hard I tried I was always denied a promotion. How many of you have given up trying to get promoted?

Until when did competence mean something here?

This is good news for mediocrities, that they can be very comfortable at BofA even though they lack skills. There are still great employees here, but mediocrities are on the rise and employee competencies have not been important for a long time now... — read more 

Outlook not good

Think the recession is a problem? Wait until you add on 12 more months of poor management and young inexperienced workers. 5 hour tasks taking 60 because of inefficiency, continued piling up of work, and morale in the gutter. Yikes

I resigned

I know most of you don't care but this is a huge step for me. I will miss my teammates but that's it. I will not miss my as----e manager and I'll miss the bank even less. To those of you who are staying, I wish you all the best and I hope you find a... — read more 

It’s Monday again..,

And I’m the only one in the office. I don’t understand why so many are continuing to work from home.

Who has the final say on pay?

I’m hoping to negotiate an internal offer after posting for a promotion. I have a target salary in mind so trying to see who I would have to convince to get it approved?

Assessment time help

I really really , did I say really hate doing these self assessments. Yes, through the year I have a document I keep track of what is going on. I jot down what I’ve done etc.. However putting it together for my Manager is where I get lost. A... — read more 

I never say what I mean in surveys

I think the percentage of people who answer questions honestly in these surveys is very small. Who wants to tell the truth and who believes that honest answers will serve to make some changes for the better here? I believe that only those who... — read more 

Covid-19 Positive

How long can we stay out of the office if we are Covid-19 positive?

GT and GO all-hands

Funny how he can say he gets paid well in his position, but they leave out anyone over $100k in the increase while inflation is sky high and gas is the most it’s ever been. How about instead of making insensitive comments about how you’re compensated... — read more 

New Hires on Hold

We have several open positions and were just advised we had to stop interviewing and could not fill before the end of the year. What the he-l? We are all doing 2 and 3 jobs to try and get the work done and all of a sudden our funding is pulled?

Participation push

Anyone else notice it doesn’t seem like the normal constant reminders to participate in the employee engagement survey are as much this year?

Fake Swipes

How many are going to office, swiping, and just going home?

Interested in returning

I'm actually looking to come back, probably a crazy move but I kinda miss the don't work Friday situation. Any insight on how many external hires are being considered these days?

Survey Question

Please do not hate on me or judge me. I have a few questions regarding the Employee Engagement Survey. Is it really anonymous? There is so much I want to say, but worry they will know it came from me. I am not shy when it comes to telling my Manager... — read more 

Full RTO would make me quit

I know a lot of people who feel the same way. I would say that's the goal but we're already understaffed and unable to hire more people, so it can't be it. Does the leadership really not see how much this issue means to a lot of us? Are they really... — read more 

Direct competitors

I recently had a debate with a friend who works for direct competitors about why working for BofA is better, or worse, than working for direct competitors. Apparently, the differences are in the nuances and are mostly seen in long term. What do you... — read more 

Giving Notice @ Merrill

I currently work in a client facing position and accepted a position with another firm. When I put in my two weeks, will I be required to work the two weeks or will I be asked to leave immediately because I am a risk?

Another day at the office

It’s really not clear to me how I used to be able to handle the atmosphere in the office, and now I can’t bear it. I'm not talking about gas prices and time lost driving to and from work, but specifically just about enduring the atmosphere in the... — read more 

The falling apart has begun!

Managers going up the vertical ladder are starting to complain and gripe about productivity dropping and errors increasing. They are all raising a fuss when I am laughing and showing them a mirror. A big delicious fat mirror all shiny and glowing and... — read more 

Is there a B5 cap

Anyone know the cap range for b5 roles? I was excluded from this past round of increases by a few hundred dollars. Trying to understand if there is still good compensation growth if I look for other B5 opportunities rather then staying narrows at... — read more 

Setting the boundaries

BofA doesn’t care that employees are overworked and burned out. I don't even expect my manager to notice that I can't handle more work. Of course people leave because they can’t cope with so much stress. Health and well-being should come first... — read more 

They know they can get away with it

Unlike six months ago, not many people are leaving right now. The leadership knows this. They know many of us are worried about a recession and don't plan to rock the boat right now, so they are using that to their advantage. Employees who received a... — read more 

Full Business Insider article

Bank of America crossed a major threshold last week in its return-to-office plan as it called all workers — regardless of vaccination status — back for the first time since the pandemic began. While it's too soon to determine whether this will lead... — read more 

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