Does anyone know for the Tech IT consulting/contracting roles that are located in Charlotte in the job description if there is flexibility to go into the office in another town/location close by ? Like Fort Mill, etc. Do managers have any flexibility... — read more
RTO
Has anyone within roles that are not client facing been advised to go in office 2-3 times a week months ago however it was not enforced, now we are being told by leadership HR is pushing hard for it and doing badge swipe reviews and will be reaching... — read more
BOA to pay more than $100 million to customers for double-dipping on some fees, withholding reward bonuses and opening accounts without consent
Another excuse to cut Our bonuses and reduce salary increases https://www.news4jax.com/business/2023/07/11/bank-of-america-to-pay-more-than-100m-for-doubling-fees-opening-accounts-without-customer-consent/
Mortgage employees' future amid low home sales
Very few people are selling or buying homes in 7% plus interest rates. Do you see something on horizon for Home Lending Employees, both Business and Tech?
With RTO do you find yourself using more sick time?
With RTO, I'm having days where I get up and really don't feel like commuting to the office on top of the other cr-p. Since working from home is limited, anyone else burn the occasional sick day to avoid going in? Maybe go do something fun or relax... — read more
Management running VPN reports, not badge
I work in a Global Tech data team. Up until this past week, I've only heard from my manager informally in meetings to come into the office 3 days per week. It's even been said in the past no one is monitoring. No details on what would happen if... — read more
Consumer vs. Small Business
If Consumer and Small Business will be merged, does anyone know who will lead the combined organization? Holly O'Neill or Sharon Miller? I would assume it would be Holly O'Neill. There is a ton of redundancy, so some layoffs or reassignments would... — read more
Laid off without any clues
I still find it hard to believe that some of the people who were laid off had absolutely no indication that this was going to happen. What do you think about that? However, I did hear that there are many who were not laid off in the massive... — read more
300k total comp in tech
Waiting on an offer from BAC in tech, just received an offer from a startup that is close to $300k total comp, will a B4 role in tech hit that level?
Open Seating
How are things in the Plano location with open seating? Is it first come, first serve where you decide to sit? Word has gotten out that reconstruction will start at the Amon Carter location soon and cubicles will be no longer.
Laid off 6/30/23
Was let go today with no warning.
Is there an actual policy on work from home written somewhere?
Just curious about this. I know it’s different across divisions and lines of business etc, but is there a formal policy somewhere and what happens if you exceed the days?
Ouch! BAC is facing $100bn paper loss as bonds have plunged due to rising yields.
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up... — read more
Relocating to another location
My manager is ok with me relocating to a different “hub” location in GIS. The cost of living could be higher. If so, Will HR consider an increase?
Don't bother
Too many naive new employees seem desperate to impress and are willing to do whatever it takes to achieve that. I've seen some take on three times more work than is required of them. I wish they knew from the start that it's all for nothing. They're... — read more
Bank of America has really went from sugar to sh-t.
This company used to be a good place to work but now it is probably the worst place I have ever been. The constant promotion of incompetent people is really taking a toll . I have never seen so many unqualified and inexperienced people put in... — read more
Promotions earned fair and square
In the past, it was not very often that those who added little or no value got promotions more easily than hard workers with excellent performance. How many people do you know now who got a promotion thanks to their competences and efforts alone?... — read more
What finally made you leave?
The fact that layoffs have not been announced does not mean that the pressure to make employees miserable is not greater than ever (probably all in order to make us leave on our own)?
Sorry but... What 'benefits'?
Crazy how our company touts benefits for employees that are wonderful on the surface, but beneath all the hyperlinks and forms is a sea of red tape that makes it difficult, if not impossible to ACTUALLY benefit from them... Childcare reimbursement?... — read more
Layoffs
When will it continue?
Retirement Package?
Does anyone know if BofA offers retirement packages for CSRs who have worked for 18 years? Or know about Rule of 75? I'd appreciate any guidance. Thank you
Rewarding mediocrity
Is this how low we've fallen?
Employee relief fund
Has anyone ever sucessfully got financial help for an emergency?
Nobody is in this for the long run
It's more than obvious in the way the so-called leadership runs this place. In the long run, it's cheaper to retain and promote good employees rather than lose them. But they'll rather lay them off for momentary gains that will be reflected in their... — read more
Merging Business Banking
Word on the street is 2024 merging consumer and Business Banking into one unit. If this is true and it happens be prepared for alot of tough conversations. The bank will lower headcount with this move lots of duplication.
My manager thinks I owe the bank my loyalty
Bwahahahahahahahahahaha!
Extra work
For those of you whose workload has doubled (if not tripled) due to attrition + hiring freeze, are you expecting a comp increase next year for your extra work? Or are we just “helping” the bank save more money with no added benefit?
Badge report
Anyone have insight to the badge report. I was told it started to monitor that you have swiped in at all and if you haven't you would have a certain time frame or would go on notice. Are they checking weekly swipe counts yet? Asking for the 3/2... — read more
Laid off in recent round of job cuts?
Hi there! I'm a business journalist working with Bank Automation News, and I'm looking into the wave of layoffs that has recently hit many major banks, including Bank of America. If you were laid off in BofA's last round of cuts and would be... — read more
What Does Severance Package Look Like?
I am curious as a former employee and seeking information for current employee on leave. Any help would be appreciated.
Do you tell the truth?
Has anybody ever been honest on the Employee Engagement Survey?
Don't gift BofA unpaid work
Salaried but done at 40 hours even though there is more work to be done. When it's time to leave the office, log out, leave, drive home and spend the evening with my family and forget about it the cr-p piling up until the next day. If they want more... — read more
Time Study
We recently lost a coworker and another one is on paternity level. While the case load has increased for everyone, upper management has asked for a time study to prove how many employees it takes to do the job. My manager has asked that I move slow... — read more