Thread regarding Bank of America layoffs

Hourly Raise

Does anybody know how or if we are able to ask for an hourly raise ? I am unhappy with the raise I got considering I've been a top performer for the last 3 years... I didnt even get 50 cent raise and it looks like they will continue to raise tiers keeping us at the same wage....I'd like to know I'd they would consider a raise before I decide to change line of business or change company and leave. I've been with the bank since 2017 and have never felt so unappreciated....feels like they are doing things on purpose so people can leave.

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| 1251 views | | 9 replies (last May 11, 2022) | Reply
Post ID: @OP+1gzEoYvL

9 replies (most recent on top)

The top performer in my department cheats to get there, pretty sure managers know but makes their site look great

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Post ID: @7vaw+1gzEoYvL

Managers actually are given very little room to determine raises, usually the final decisions come from above them. It would be good to have a conversation with your manager, and his/her manager though if you are unhappy. Typically there is a lot of factors that go into determining increases, even for top performers, one of which is your current pay rate vs your peers.

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Post ID: @1smj+1gzEoYvL

Even if you are a top performer, you may not receive a raise. It's all political. Managers are given too much leeway to tilt the scales, giving prime clients and sales territories to their brown-nosing favorites based on subjective criteria. Is the playing field level, or are you fighting an uphill battle because the manager is scratching the back of his cronies? Evaluate the bigger picture besides just the pay raise. The same manager that is micro-managing you and making your life a living he-l is the same one that is giving favors and promotions to his cronies.

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Post ID: @1lwi+1gzEoYvL

I would request a meeting with someone in a position higher than your manager. That's what I did - I received a substantial increase. I went into the meeting spoke about how long I have been with the bank and expressed that I was not where I intended to be financially, in regard to the goals I had set for myself. I then listed everything I had done in my position and why I deserved an increase. I was shocked when he asked me what number I was looking for. I did not get what I asked for, but it was very close.

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Post ID: @1dpo+1gzEoYvL

Time to pack up and leave. You are not going to get a substantial raise if you are not a top performer.

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Post ID: @1xvo+1gzEoYvL

Or is your manager telling you that you are a "top performer" just to keep the head count? Never seen an y real increase without moving to a new role and taking on significantly more responsibility.

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Post ID: @1jkn+1gzEoYvL

Manager said he wished both of us could get a better raise....and yes I am a top performer....what I don't understand is why some employess got a higher raise when their numbers were not as high as others.....who makes the decision of how much each employee gets anyway?

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Post ID: @wdm+1gzEoYvL

I doubt it. I've never seen it done without someone moving to a new position.

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Post ID: @nwa+1gzEoYvL

Are you really a top performer? Or do you think you are a top performer and your manager thinks differently?

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Post ID: @ixu+1gzEoYvL

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