Wondering about how the whole bonus pool procedure works, if anyone knows and cares to comment. Does my immediate manager get a pool of money, and distribute as he sees fit? Example: Manager gets a $50k bonus pool, and has 10 direct reports. Can... — read more
The pay is not worth the treatment
When I first came here, it was common to colleagues hiding their tears. It was quite a shock to me at first but I never thought that such a thing would happen to me. Well, now I understand things better. I have a manager who recently put me in that... — read more
This is why they're pushing for RTO so strongly
I saw this on the Wells Fargo page and reading the article left me furious. It makes perfect sense, though. Why would you force your employees into a situation that's going to create resentment and drop productivity unless there's something to gain... — read more
The culture of Layoffs
Layoffs have been an annual event since the mid 2000s. Unfortunately, companies have merged over and over resulting in job duplication, as well as a way for corporations to squeeze the last breath of life out of employees, by reducing older, higher... — read more
Starting next week it will be optional to wear mask at Bank of America Financial Centers. This is an absolute disregard for our health and safet
I just heard that starting on March 21st it is no longer required to wear mask in banking facilities. This is absolutely ridiculous with another variant sweeping across the country and has already sickened millions in Europe and China. This company... — read more
Smaller banks are not the answer
I've seen it suggested often to look for a job in a smaller bank to avoid the issues that are usually associated with major banks, but the truth is that even they have their own problems. I worked at a regional bank for four years and it was just as... — read more
More Managers Harder Communication
With exploding amount of new managers, communication become harder and harder in Global Markets. Too many politics
Religious exemption
Has anyone been approved for a religious exemption? If yes, for how long?
Are you more or less productive?
A question for those who have returned to the office: are you more or less productive than when working at home?
Inconsistent
anyone else with literally no customer contact wondering why they’re being forced to return to the office? same here! certain lines of businesses have been granted a hybrid schedule already (heard loan processing) are only required in office 2-3... — read more
RTO for unvaxxed…
Anyone unvaccinated been called back to the office yet?
GTO All hands Calls
I just love how on our all hands calls the higher ups are pushing RTO so hard yet they are on video showing their offices the size of an apartment!! (With a door) They have a long table, plus another seating area and guess where most of us are? In a... — read more
Negotiating salary for internal move
Im a band 5 interviewing for another role at the bank. It is also band 5…but certainly a “better” job title in a hotter discipline that usually would pay more. My question is: if they offer me the position, when they make the $ offer, how much are... — read more
Voluntary Severance
Does anyone know what is involved with asking to be severed? Besides, actually asking your manager, who has to take it to leadership for approval. Would this mean that my position would be classified as "job elimination" and my manager couldn't... — read more
Bureaucracy
Global markets is becoming more and more bureaucratic because there are too many middle level managers playing politics
Collaboration in office
Have you noticed increased collaboration since you returned to the office? I haven't. In fact I notice less collaboration than ever.
Times are hard as it is
It’s kind of sad to see good employees leaving and you’re not the first or would be the last. Leadership in this company has failed in how they’re managing RTO. As someone said in another post, a bunch of outdated minds, set in their ways and not... — read more
How's this for perspective?
BM- "But what about the water coolers?!" https://www.linkedin.com/pulse/going-back-office-full-time-biggest-mistake-companies-chris-herd A few morsels: "When two workers are on different floors of the same building they communicate by picking up... — read more
Any tips on how to put in my 2 weeks?
I did it guys. Finally got a job offer and get to leave this cr---y bank. This will be my first time putting in my 2 weeks at a job, is there anything I should know; ? Do I take my sick days, should I tell my manager via email or phone, etc. Don’t... — read more
JP Morgan is now hiring unvaccinated employees
Oh man…. Vaccinated are gonna be upset! https://thehill.com/policy/healthcare/public-global-health/598122-jp-morgan-to-lift-ban-on-hiring-unvaccinated
Most unstable job roles at BOA
I know there is no such thing as a "safe job" anymore, but perhaps there are some roles which are more unstable than others?
I am more angry than happy that I resigned
I used to be proud to work here. I thought I would stay here for a long time, but I really couldn't stand the increased daily stress anymore. I ended up getting a much better job, but I’m not happy to be leaving. Many are overjoyed after... — read more
A 4th dose of Covid-19 vaccine will be needed, Pfizer's CEO says
https://www.cnn.com/2022/03/13/health/pfizer-vaccine-4th-dose/index.html
Question for anyone who receives BAC stock as part of your compensation
I'm not one of those employees who get BAC shares as part of my compensation but I do know those people received shares around bonus time in February. I just found out that a lot of those same people also received shares in March. These BAC shares... — read more
This is how it's done
https://fortune.com/2022/03/10/goldman-sachs-office-hybrid-remote-work-david-solomon/amp/ "Yet as of late morning on that Tuesday, only about 5,000 of Goldman’s 10,000 HQ workers had shown up—despite having had over two weeks’ notice, and in... — read more
Anyone else getting migraines from RTO?
I am only getting migraines on the days I’m in office, not the days where I wfh. I’ve turned my monitor brightness way down but I think the fluorescent lights are ki----g me. I am literally getting sick from being in office, this is so miserable for... — read more
I need to get rid of this workload
I feel terribly stressed because I was once again given even more work to do. How much is too much? I really don't know how I'm going to do all this. I wouldn't leave here for bigger pay, but only if I knew I wouldn't have this much workload... — read more
No more processes, please
I was hired to produce, let me do so. On most projects I have more PMs versus people who are doing implementations. If someone screws up an implementation, investigate and act in a realistic plan, not MORE processes. If you have questions about a... — read more
Pay Cut for Managers?
If Q1 earning down, maybe it is time to cut pay for managers? They hold accountable for revenue
Really tiresome...
Work with your manager and make sure to get your goals in for the year. Really?! What the fck for? They don't matter, the only thing that matters is being in the "it crowd". Previous years I went in and filled in legit work goals, accomplished them... — read more
Bank of America does NOT CARE about its employees!
It’s a simple fact and if anyone believes differently then you’re obviously gullible to all the lies. Lie 1 - We’re told it’s better for the clients to be in the office but the only employees who have face to face interactions with clients are... — read more
BofA is best at ignoring issues
It is more or less true for other banks where I worked as well, that superiors ignore all the issues that employees face in the work process. Yet here it is much more present. I think some projects go awry just because of that. It's frustrating... — read more
Stupid is as stupid thinks
BofA has some amazingly stupid employees. Yesterday I talked to an id--t who, honest to God, believes BofA will let all of us continue to work from home because of the skyrocketing gas prices. They care about us, you know. He probably based that... — read more
I was ready to quit
And then the whole Russia thing happened. Now I'm so scared of how it will affect the world's overall economy in the long run that I can't bring myself to do it. I can't be the new guy somewhere at a time like this. Whatever happens, I'd be the first... — read more
Internal mobility
I am currently an AVP in GTO. Looking to move roles internally. Can I ask for a VP position? How much salary raise should I expect? Is the interview process any different than if someone was to be hired externally?
Towhall feedback
The blatant denial by TS about the effectiveness of wfh while the bank keep touting the record profits they’ve made in the last two years. During the last two years employees took care of the clients, worked harder and they were happier for it. It’s... — read more
JOB OFFER HELP
IM CURRENTLY EMPLOYED BY WELLS FARGO, I APPLIED WITH BOA AND I GOT A JOB OFFER FOR BANKER THE PAY IS NOT MUCH WHAT DO YOU GUYS THINK IS BOA A GREAT COMPANY TO WORK FOR OR SHOULD I STAY WHERE IM AT ?
Neverdown
What a hunk of trash this effort is. Anybody working on this effort? The team is just recycled GIS hacks
Do you think you could do it better?
So many posters think they know so much better than the ELT and especially the CEO, so if you by some miracle got a chance to change things, what would you do to make things better? How would you make sure that everybody is happy: the employees... — read more