Thread regarding Bank of America layoffs

B5 GT Architect. Worked in excess of 80 hours each week to complete real concrete deliverables that better my team for past 3 years. I received E/E with 2% raise, same as the other years, and watched them promote another person twice on my team that rarely speaks. Great job BofA! Will be working on generating money from a side hustle after I work my 40 at the bank because of increased insurance costs, food, and taxes. No need to excel here when they don’t appreciate or reward you for it.

B4 E/M -- 1% merit, bonus reduced $2K - total comp actually was lower. Complete joke of a company. It's time to destroy those surveys!

fellas I can't believe all these posting here are my numbers

B1,DNM/DNM,Merit: 21%, Bonus: $5MM

@1b8+1jjpmh973 - get out now. Take the sabbatical and LEAVE.

Your bonus will never be Restored.

Happened to me. Will happen to you.

They are only interested in payin themselves. Your hard-earned money went right into BTM and Boston Mafia's pocket. They are sick, gross fakers.

M/E B5

4. 3%

19k bonus

B4 M/E 2% merit and $18k bonus. 145 RSU's. Bonus was down from last year and further reduced because I took a sabbatical.

I used to get a few percent, 2 or 3 maybe, effectively COLA, and they would call it a raise.

B5 M/M
3k bonus

1. 9% merit

65 RSU's
:(

B5: 0 Merit $1,500 bonus

re: @xq+1jjpmh973

nope, just like to get my big raise and bonus. :)

@w4+1jjpmh973

Without any doubt you are one of

• sycophants
• boot-lickers
• toadies
• brown-nosers
• yes-men
• flatterers
• su-k-ups
• apple-polishers
• fawners
• grovelers

I hope that you consider how your attitude likely reflects upon your compensation. Really not sure what else to tell you.

@w4+1jjpmh973 "Try harder and you will be rewarded, DUH."

As a B6 with 20+ years at BOA and over 60, I do not think so. My years of experience and my lack of pay to show for it does not have the momentum to compete with new hires with no experience. Not bragging about my experience or complaining, just concerns smacking me in the face. If it wasn't for the BOA minimal wage significantly increased to $20 and incrementing one dollar each year afterwards until 2025, I was content with my pay considering what I was doing. Now, it is completely different as if I am being forced out the door to bring in younger employees. Some would say that this is AGE DISCRIMINATION.

Instead of working harder, I will have to work less and let management know that they got what they paid for in comparison to a new hire.

I got an 8% Raise and $7K bonus. You people complaining about low pay and bonuses are the company boat anchors.

Try harder and you will be rewarded, DUH. It really is that simple!

Responsible growth at it'sbest. This is exactly what BOA wants. They want you to get upset and leave on your own. No severance, no unemployment. They can either consolidate your role, hire some kid out of college at half price or lastly ship the work to India if you are not client facing.

Every other place I worked had automatic COLA, and a raise would be on top of that. That was in education and aerospace industries.

Well Friday afternoon has came and not a single peep from anyone on my leadership team about either. Let me go change my 401k contribution back to what it was thinking I was gonna get a little bonus please I must've forgot where I worked.

So you’re telling me, that someone on social security can get a 2.5% COLA, but a working person deserves 0? No wonder everyone is quiet quitting.

B6 1.3% merit, 65 RSUs.

@kc+1jjpmh973 - they don't want you to look for another job. They just know your're Loyal and Dedicated.

I bet if you got another offer and resigned tomorrow, they'd say they are "shocked!"

Unfortunately they take us for granted.

Meanwhile, they keep stuffing their pockets! It's Gross.

Just do some A$$ kissing Bo FA at Cisco.

M/E B4 1.5% merit and “flat” ( same as last year) bonus. I was told o got this because of the exceeds, otherwise I’d have no merit and reduced bonus.

B5 - M/M. No raise in years. Maybe they want me to look for another job.

sounds like a pu-s move

If you can make sure to give me 0%bonus and 0%merit be man or women enough to at least say it.

B1,M/M, 500k bonus, 50% merit

B4- cash bonus 28k, merit 2%

If you get nothing, don't expect your manager to tell you. They are not obligated to. I know this from personal experience.

@g5+1jjpmh973 we havent been officially notified.
RSU if you make $100k-$150K you will get 100 RSU.
$150k-$200k will get 145 RSU
$350k-$500k will get 480 RSU

B8
M/M

2. 5% merit
3. 7M bonus

I got both!! Green Grass in Albany!!

B3 NJ Risk/Bonus $120K, Merit Inc $30K

B5 M/M my manager hasn't pinged me in 2 weeks. probably trying their best to avoid me so they don't have to say congrats you get nothing.

B5 100kBonus, 40k raise.

B5, M/M 1.3% raise, free 1 day Metrocard bonus

id: @en+1jjpmh973 how did you get notified about the RSU's awarded to you?

B5 2500 raise and 7000 bonus.

B4/GT/CLT/M/M, 6% raise & $25,000 bonus

Once upon a time managers were not allowed to give $0. They were not allowed to give less than $500 because it’s insulting and demoralizing.

B7 M/E 2.6% raise & $10,000 bonus

B5. M/M. 0% increase. Same bonus as last year, just over $5k. With insurance cost rising my paycheck just keeps getting smaller.