What is your annual salary? Are you in GT,GO or part of the 8 Lines of businesses and location. If you're in North America, Can you list if you're in the west , central or East coast.
Enterprise Cost Management Survey
Anybody else get pulled into this survey that’s about to start? Feels like it’s a “justify your job” thing…
Charlotte parking
What are discounted rate employee parking options. Apparently no one has clue about the enrollment details on my floor. LAZ parking support dont know the process as well. Any Help is much appreciated.
OMG WTF WellsFargo
https://www.thelayoff.com/wells-fargo-and
Salary
Since this is anonymous is anyone willing to share their band and how much they make? I'm a band 5 and make 82,000 80k base 2k is from bonus
I made the right choice
When I left BofA for a regional bank last year, my colleagues thought I was crazy. Twelve months later, I'm the one laughing. Not only did I get a 20% salary bump and full remote work, but the difference in culture is night and day. At BofA, I spent... — read more
People making up stores to HR
I feel like we don’t hire quality people anymore. All we get are these toxic people who just call HR to make stuff up about their colleagues and put them through he-l to try to ruin their career. We used to be better than this!
July 4th week in-house requirement
Hi does anyone know in Global Ops are they expecting us to be compliant with in office required days for this July 4th week? I heard some teams being told yes no exception and some are being told 2 days will be fine.
Identity Verification
Anyone else annoyed that we are being required to sign up for this identity verification and having to upload our drivers license? I get providing that to HR for employment or if it’s necessary for background checks I don’t know where this is... — read more
Converting from contractor to employee
Whats the process after being asked to convert? How long does it take?
60% Engineers will eventually removed
Management is here to stay with AI and offshoring.
Dimon perfectly describes BofA culture in this article
https://unusualwhales.com/news/jpmorgan-jpm-ceo-jamie-dimons-has-said-to-stop-running-meetings-to-impress-the-boss
RTO
one of the ten mgmt team work streams is RTO and assume looking into if there should be changes. The recommendation meeting is in July. Does anyone know what’s being recommended?
Not Completing Employee Survey Questions Management's Priorities
It felt good not completing the survey for the first time in almost 25 years working at BOA. Making a little over two dollars an hour more than starting wage at BOA, it is insulting that upper management would send reminder emails on completing the... — read more
Internal mobility- career building
For people considering applying to Bank of America for a career please know ahead of time that you will be required to inform your current manager before applying to a new position. This is a relatively new requirement (maybe two years old) that of... — read more
Medical
Has anyone applied for a medical accommodation and wound up being re-assigned out of their current role. if so how was the experience/process. I have been holding out out of fear, peers have told me that i am risking having a job?
The path up here has nothing to do with banking skills anymore
It's all about laughing at the boss's bad jokes and sneering at clients. Actual finance knowledge is optional. Watching this place reward sycophants over experts makes me sick.
Workload monitoring
Anyone else’s teams being asked to fill out tracking logs daily for all the activities and routines that they do? Also hearing that the next step is for a team to evaluate workload, learnings and look for ways to automate or reduce or increase... — read more
The workload has become overwhelming
Roles go unfilled, leaving teams running at half the capacity we had just two years ago. Leadership keeps praising resilience, but let’s be real, it just means doing more for free. For a Fortune 500 company, the neglect of basic tools and training is... — read more
Nextdoor
https://www.thelayoff.com/wells-fargo-and
Is it better on the outside???
Been with the bank (legacy ML) over 20 years. Feeling totally burnt out and see no end in sight of it getting better. Considering applying outside the bank. For those that left.. where did you go and are you much happier?
40% or more headcount reduction for TI group by November
One of the Band 2 provided unofficial information that TI group will be impacted the atleast 40% by this November. Did one hear similar news?
Resentful
Having given 25+ years of my life to this company, I am full of despair. Too many years of poor managers, "do more with less", deflated bonuses ("you are a top performer, but the company had a bad year), mo-rons who get promoted around and above... — read more
BofA Merrill let me go with no explanation
Nearing my 25th anniversary at Merrill and was blindsided and asked to leave with no explanation. Wouldn’t even let me clean out my desk. Model employee with excellent performance reviews for 24+ years. WTF? I’m 54 y/o female They said it was... — read more
Letter of education..?..
Has anyone ever gotten a "letter of education" regarding performance and felt the facts were inaccurate? If so, what did you do? I'm considering gathering all the facts and screenshots and reporting in the employer relations system, but I feel like... — read more
Kris Fador
There was a post about Kris Fador up here. It was cowardly removed. That's how Bank of America does "reputation management", just shut down any debate on people of questionable character who are designated "leaders". Probably would help if they... — read more
Layoffs are happening today
I received a random invite with the two managers above my own manager. I’ll update once I know more.
Moody's downgrades JPM, BofA and Wells Fargo after US credit rating cut
Moody's on Monday downgraded the long-term ratings of top American lenders such as JPMorgan Chase, Bank of America and Wells Fargo, after pushing the U.S. out of top triple-A rating club over its burgeoning $36 trillion... — read more
Would you join Wellsfargo?
Is Wellsfargo your dream company?
Recording volunteering hours
I think it is absolutely disgusting the bank wants you to record your volunteer hours on events that have nothing to do with Bank of America and are done on your own free time. I think it reeks of sc-mbag tactics so the bank can get some fake credit... — read more
Fire-able offense
Has anyone gotten fired for badging in someone else?
More layoffs
More in 1 month
I wish I were laid off
I can’t be the only one feeling this way. The people who got laid off got severance and a clean break from this mess, while the rest of us are stuck picking up the slack. Same terrible bosses, double the workload...how is that fair? Sometimes I think... — read more
salary grids
does anyone know how to find salary grids or at least how to find out if/when they've been updated? I'm not a manager of people but I'm noticing that roles for my band being posted, for where the salary is listed, now have a higher upper maximum... — read more
Can someone explain how the RFID chip in the badge?
What makes it better than our existing badge? 🧐 Is supposed to ping a sensor whenever I move around the building?
HR is not your friend
I know most know this but I just felt like reiterating it because I'm extra pi---d today. It's absolutely infuriating how HR acts like a personal defense team for the company regardless of the situation. They'll ignore evidence and gaslight employees... — read more
External candidate
How long do you hear from recruiter after final interview as an external candidate?
401k hardship withdrawal
Anyone ever do this? Is your direct manager notified?