Be warned....meets/meets performers are in for a total comp reduction for 2019. Year end $1k is just a smoke screen
11 replies (most recent on top)
This is BS post.
I meant jobs not livies...
If the company was losing money, and a pay cut was instituted to save the company or save lives, I would volunteer without hesitation. However, the bank is making record profits and the senior managers are paying themselves at higher levels then ever. Have they not learned anything about greed???
Stupid question, but why should anyone who meets expectations of the job be laid off? You want to retain people who deliver on their responsibilities, right?
Very few people get anything but a meets/meets. I know this first hand. They have been cutting salaries on the investments side ans losing very talents people and Senior Executives. Have they not learned their lesson?
If it's band reclassification then it's a good thing. Always alarming to see multiple 3/4/5's reporting to one another - seems like a broken system.
Looks like I left right on time.
Why am I reading these still.... Pure nostalgia.
Haven’t heard that yet but my guess would be to reclassify bands 3 and 4 who have no directs and who basically do the same type of work as a band 5
They are "reclassifying" positions, which typically comes with a Band and pay decrease,
Every where? How can they justify with earnings where they are?
What does this mean? They will cut salaries of people who get meets meets or just not give a small raise.