You know how to reduce the effects of inflation? Don't buy so much. https://www.youtube.com/watch?v=P7p3iVTBm7M
Hired in Q4 2021. Any chance of bonus?
Newly hired in Oct 2021. Had perf review M/M but no talk yet about bonus. What as the chances I will get one? Even a prorated one?
RSUs
RSU grant amounts, so the amount of stock you're going to get, will be announced by mid to late March.
I just started a new role at the bank...
and for benefits was "granted" 6 weeks a year in away time. Is that good? Not sure who to ask, thanks!
Advice on finding new opportunities
Long time current employee here. For those who have formerly worked at the bank and found a new opportunity that offers full remote and better compensation, can you provide some best practices for the job search and what things to avoid?
How can leadership be this confident?
They must think we're all so desperate that they can throw insulting raises and non-existent bonuses our way and think that we're all just going to take it like good little boys and girls. I don't understand where that confidence is coming from... — read more
Warped comp
Was a meets/exceeds in 2020 and bonus down 20% was meets/meets in 21 and bonus up 15%.
Salary renegotiation - any success stories?
I'm thinking about approaching my manager regarding the topic of salary renegotiation, though uncertain how the process works at this company. Does HR just automatically laugh and say no, even if presented with reasonable market facts, proof of... — read more
Where tf is our bonus?
This email from Brian Moynihan is so vague. Are we really not getting a cash bonus this year? The email mentions stocks. I’d much rather have a cash bonus. I hate it here!
Record Year Earnings
So, let’s get this straight. The company had record earnings EVER for 2021. And where were we? WFH! I contribute it to no commute, happier work life balance. I work HARDER from home because I’m more happy and no office distractions. The no commute... — read more
Not going to RTO with these shlitty raises
Compensation down in 2020 and 2021 and not good so far with comp talk. I will not be RTOing after 2 straight years of down comp. At least with less working expenses, lower child care and better mental health with working from home I can tell myself... — read more
RTO updates?
Any updates on when we will be asked to return?
While entering reviews...
I have two question. 1 - while we are entering our reviews, if we put Meet/Meet and the manager thinks that the person deserve Exceed/Exceed, do they change it ? or they just keep it M/M 2 - If a person enters Exceed/Exceed but his accomplishments... — read more
[Quick Poll] How many of you do not work for Bank of America now?
How many of you left the bank due to the following reasons such as stress, bad working environment, management, severance, retired, force to resign, terminated and etc.(please specify if you don’t mind)
Rehiring process
I've worked at BofA for a long time so I know what it's like to work here - I don't need any unconstructive criticism, I'm just interested in the experiences of those who tried to get rehired here after they left. Is it hard to get a job here... — read more
How was your compensation increase?
Please share.
New job codes
Anyone have any insight on the new job codes being rolled out this year? “Workforce Modernization” is the term being used to describe it.
1.5 % compensation increase …
Just got off the phone with my manager, my new salary will be bumped about 1.5%….
I'm torn
I got a new job and I start on 02/14. Now I'm torn between telling my manager who made my life a living he-l for years to sc--w himself and just walking away OR giving a two weeks notice so that I don't leave my teammates in a lurch. We are in the... — read more
To All - Meets/Meets review
Average performers out there, how much $$ % are you expecting this year?
Pop ups much???
What was the deal with the “get your booster” pop ups today????
Why don't they want top talent anymore?
It is quite clear that their goal is primarily to have as cheap labor as possible, and that attracting top talent is now lower on the list of priorities. I just don't understand how this has become a place where talents are no longer important?... — read more
There it is!
RSUs... 65 to 600, awarded in March.
Change roles during/after maternity leave
Hi All, I was wondering if anyone here had any advice. I’m looking to move internally and am currently pregnant. I want to do right by my team, but don’t know how mobility works during maternity leave? Can I interview with other managers... — read more
When do bonus / comp discussions happen?
Manager mentioned any raise would be effective 2/1 and bonus paid mid February but nothing regarding the timing on disclosing the dollar amounts.
Got my RTO again
Feb 1st I’m to report back to office. Northeast
When to give notice?
Got an offer- bonuses coming mid February. Should i give it on payout day? Can I any time before or will I lose out?
This is driving me insane
So many times I have to sit through meetings where you have a dozen professionals ignoring the obvious, completely ignoring the logical solutions, trying to do the same thing the same way even when it's been proven that it doesn't work... I tried to... — read more
Merrill Ly--h Managing Director Jim Iannazzo has been arrested following the incident of him throwing drinks and racially abusing staff
https://fpdct.com/news-releases/subject-arrested-in-robeks-disorderly-incident/
I don't get folks who return after leaving
Two people who left BofA in the last two, three years recently returned. I know one of them well, he was not happy here at all and now, for some reason, he decided to return. It's not as if he was laid off or fired from his new job, he just applied... — read more
Approved to WFH for medical conditions indefinitely but not mywork
Has any got a medical approval (non covid related) by applying for mywork medical accommodation, but months later still not showing up as "my work associate" in flagscape? Only got an email from HR that says I'm approved indefinitely or until follow... — read more
Bonus
I see a lot of posts about bonuses. Have some LOB’s been told they are getting one?
Brian and Other Boomer Bank CEOs are Completely Disconnected From Reality
"Bank of America’s CEO gets real about the labor shortage: ‘We don’t have enough people now’ and those who quit aren’t coming back" "Moynihan said the difficulty in finding workers won’t be fixed anytime soon. He cited the decline in U.S. birth... — read more
Bonus and 401k
Also keep in mind that if you do not want any 401k contributions taken out of your bonus you will need to change your contribution rate to 0% in the BOL app by the EOM Jan. Unfortunately, because both paychecks and bonuses land on the same day, that... — read more
Disappointed with my review
I had my review and I am really disappointed. I didn’t expect such a bad review because I was working harder than ever. I gave 110% of myself because I wanted to keep this job and it was obviously not enough... On the other hand, a colleague who... — read more
Sustainability and remote work
Just watched BM at the World Economic Forum and his push for sustainability. So why the push for back to the office? Feel like it’s counterproductive to the push for sustainability. Makes no sense to me. We are already home-ahead of the green game. ... — read more
Long Term Disability Declined for long haul Covid
Co-worker has diagnosed long term Covid and has been out for over six months. Was declined long term disability and was told "Bank of America will not be endorsing this". Anyone hear anything similar?
RSU 2022 is it pipe dream?
With the record shattering year we had I would have thought that we would reward employees with options. Anyone know anything about whether or not they’re going to announce the company wide bonuses? Don’t bring up tax reform please if you’re not... — read more
Return To Office/ Covid cases
I heard Brian mentioning on Q4 results call that they are bringing back employees in some area's next week. Right now number of cases/death rate are on increase. What happened to company's policy of Employee's care first. Why is such a rush? Can... — read more