https://finance.yahoo.com/news/ftcs-noncompete-ban-could-reshape-the-us-workplace-140012480.html
Medical
Anyone gotten a role reassignment for medical in the last 6months. If so can you share any feedback.
Business Banking
Based on today's call to merge Business Banking into small business how many Business Bankers run for the hills.
BOA CEO/DIRECTOR OF THE BOARD
It will be interesting to see if the shareholders voted for Popeye Brian Moynihan to continue to be on the board of directors. Me personally, that's too much power he always is the CEO a clueless one of whats really going on within the company and... — read more
Verify Adult Dependent
Looks like we all get to dig out our marriage licenses and tax filings to verify our spouse is eligible for health insurance. Employer is not entitled to see our returns and I’m sure my wife of nearly 32 years will be delighted to dig out our... — read more
Workspace excellence portal
Newly designed portal shows badge swipe weekly report to managers for 6 the week period of their directs. Employee should have 4 good weeks out of the 6 weeks sliding window. It provides summary for each employee is compliant or not. Manager has an... — read more
Truist employee coming to ask about RTO.
Hello from another banking employee to commiserate about RTO mandates. I am coming to your board as I had heard BoA uses badge swipes and tracking methods. I was just curious if this is true and if so what is actually happening. We currently are... — read more
Diversity promotions
Anyone willing to give a bit of honest visibility into the promotion of “diversity candidates?” When promoting someone, what are the requirements or recommendations re: ensuring that diversity candidates are considered? How are bosses incentivized to... — read more
Profits Down 18%
How does Brian Moynihan still have a job? Seriously… If I caused an 18% loss by making a bad decision concerning long-term investments my head would be on a proverbial platter. This is just unacceptable. And this is why hardly any of us got raises... — read more
Miserable
This place continues to spiral downward. Increasing amounts of surveillance and unrelenting workload. Expected to be extremely dedicated while being treated like an hourly worker at a dollar store. I feel like I had more autonomy when I actually... — read more
MyWork still going strong
Most people who were in the “MyWork” scrutiny seem to be getting to stay in the program. Not sure what the point was in even causing such a stir…..
TOXIC ENVIRONMENT
This place is so damn toxic. Middle management, especially overseeing the financial center channel, is horrific. Nepotism is rampant and no one actually gives a damn anymore. I am actively looking to leave as management makes clear they don’t want... — read more
Global Financial Crimes Specialist
Possibly moving into this Band 5 role. Can anyone summarize a day in the life please? Does it involve making or receiving client calls? I’ve got a little time to decide.
BofA US retirement medical coverage.
is Medicare Advantage the only choice (I'd rather avoid Advantage Plans for me/my spouse as expensive and limiting for coverage) or could i choose Medicare (I qualify) with BofA Retiree as secondary and has anyone found that has worked out for... — read more
Something BAC Would Never Resort To
We're a great place to work after all, the greatest https://finance.yahoo.com/news/latest-quiet-workplace-trend-cutting-110927951.html
Looking for "Younger" FAs!
Someone told me that Amanda Ross said on an All Hands call today that they're looking for "younger" FA candidates...She corrected herself midsentence but really?
trying again
since my last post was 'deleted' I think for using full names, yet I see other full names on here all the time.... is the direct report of the global head of HR with the same last name also her son? me thinks so...
RSU Acceptance??
Anyone who received RSUs, can you please tell me if you have been able to accept them in the system? I have no RSUs pending acceptance. So, I guess this means I did not get any? My manager is away on leave for a few months, and we don't really... — read more
No more stress and crazy workload
Leaving BofA was not just the right choice for me, it was the best possible choice I could have made for my mental health and overall happiness. My new job is mostly stress free with a normal workload and a great manager, none of which I had at BofA... — read more
PPP overtime settlement
Does anyone have access to this article on Bloomberglaw? https://news.bloomberglaw.com/litigation/bank-of-america-resolves-overtime-suit-over-ppp-loan-processing
Business Banking to be combined with Small Business
Announcement coming soon. Sharon Miller and Raul Anaya will co-head the combined new organization, which will remain under Dean’s Regional Banking org. With the change, Business Banking will no longer be part of Global Banking (which includes GCB... — read more
Hiring freeze with no end in sight
Is this just my group or is this something that's true for the entire bank?
In office VPN Monitoring
Great .. now they are starting to monitor VPN to monitor everyone and how many days and hours they are working in the office Another way to micromanage
Covid policy?
Does the bank even have any sort of Covid policy anymore ? Like as far as what employees should do if they test positive?
Pay range for Mortgage Specialist III?
Does anyone know the pay range for this position? I am curious about the top range. How high does it go? And what is the next position up from this?
BoA = Bolt or Agree
Will there be further layoffs? Would be nice to know. Share your information! Banking is doomed.
Workplace Enforcement (not Excellence) dashboard should be visible to employees
and not just to managers.
Good Friday week
Is Holy Week being monitored for Workplace excellence, at least on the GWIM side? My manager said he does not know, which I don't believe
ANNUAL MEETING OF SHAREHOLDERS
This is the vote that you may have gotten an email about if you are holding shares as an employee. Please vote for the shareholder proposals. We work at a BANK, not an agency of government and globalist interests. This needs to be made EXPLICIT. I... — read more
Mortgage Lending WFR
Since last week, there have been news surrounding this topic but no one is talking about it here. 50% or more of the department's associates were impacted, can anyone verify this to be true? Below is the most recent news article about this, I... — read more
2nd Workplace Excellence Warning Notices
Anyone gotten their 2nd notice for not complying with the RTO standards? The “reiteration” notice? Heads could be rolling soon…..
Meets Meets and No Raise
Anyone else have experience with receiving a Meets/Meets but not getting a raise? My coworker told me she received a Meets/Meets but didn't get a raise so she complained to HR and then received one. Does that happen?
Are they serious about a 60-day notice period?
I’m actively applying for other jobs and several recruiters have been shocked when I explain that my current role requires a 60 day notice period. I’m worried that I’ll find the perfect role but they won’t want to wait 2 months for me to join. So... — read more
MyWork
There are literally still hundreds upon hundreds of people still enrolled in the MyWork program in Charlotte. How did this happen? I saw some seating charts for a couple floors at one of the buildings in Charlotte. There were approx 70 people total... — read more
US salaries are falling ...
https://www.bbc.com/worklife/article/20240306-slowing-us-wage-growth-lower-salaries
new ID badges -- another way to track?
Anyone see the article about new id badges & notice that chip technology in the photo example?? Another attempt at tracking our every location with the spin as 'enhanced' security?
RTO- Be kind to your front line manager
Especially around RTO. I am a manager. Trust me — none, zero, of your managers want to police RTO policies. No one wants this on their plate. It’s BS. BoA basically has HR make unconvincing and poorly conceived policies and processes, and then makes... — read more
contractors
The company loves to announce how they pay high minimum wages. Right now it is $23 but they fail to mention that they are replacing jobs with contractors who make $19/hr. I wonder if the contractors know that these are jobs that should pay a minimum... — read more