This probably doesn't belong here but hey we can share positive news too. Bank announced for 3rd year in a row, the special compensation for most compensation ranges under 350k.
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So what is the salary breakdown on numbers of stock options?
@11LnewMs-uumx they say 12/6
So anyone have any idea when we can expect to see the pay out?
You need to see it for what it is. Creative financing. Our cash bonuses s— and are raises are non-existent. The Bank used capital from last year to buy back stock and over 1.5 billion of that buyback was specified for employee incentives. If you take the number of employees eligible and even if you use the maximum number of share per person, that equates to less then half of that 1.5 billion.
While I appreciate any compensation, the bank decrease cash bonuses and raises and only replaced a small percentage of what we lost with options, that take 4 years to fully take advantage of.
Why should I appreciate crumbs? Don't p–s down my back and tell me it's raining! If they really care after years of record profits Brian "I'm paid way too much" and his cronies should open the vault and pass out a decent bonus . Christmas is coming maybe the ghosts of Christmas past & present will take the year off and the ghost of Christmas future will scare the carp out of him. It's not too late Brian the Scrooge.
It is very sad. It is all smoke and mirrors. How big of a bonus did Money-Hand get???
Great news. And why can’t people just be appreciative? Versus deciding it’s not enough?
And for most employees 1K less taxes. Feel good publicity for the masses who don't work there! If they want to share the wealth make it at least 5K or also reward based on years of service. Don't tell me they can't afford it.