In an effort to make Bank of America more competitive as an employer, Moynihan said he raised wages. Total compensation expenses for the bank grew 10% last year
I haven't gotten a raise since early 2021, and it was just a typically low raise, same as previous years (as in, pre pandemic). Accounting for 2021's inflation, I'm currently making less than when I started working there. I've also gotten no bonus in 2020 or 2021.
The bank’s attrition rate actually fell 50% earlier during the pandemic, he said, but it’s since rebounded to pre-COVID levels.
Probably because they are trying to force us back into the office. My job can and has been done 100% from home, yet in his own words "we're a work from the office company", so they want to force us back.
I was supposed to go back recently, but I got a somewhat vague message saying to "stay home until you're asked to come back", but that was after I was asked to come back, so I'm taking it as stay home and hope they forget to ask again.
The only reason I haven't quit is because I've already been looking for a new job and I'm not sure I can even get one.
I quit at the beginning of lockdown and it was the best thing I've done professionally. The B of A team I worked for was drastically underpaying us - I found out that other teams in a different city in my state with my same job title:
Had 1/3 of the responsibilities
Were paid at least 10k more
Were a higher job band
When I brought this up to management, they said they would do a "competitive salary analysis". This was in 2018. Straw that broke the camel's back was my direct manager telling me with a straight face "congratulations on the great raise, you really earned it!" the raise was $0.23 an hour.
Throwaway because I don't wanna dox myself.
I haven't gotten a raise since early 2021, and it was just a typically low raise, same as previous years (as in, pre pandemic). Accounting for 2021's inflation, I'm currently making less than when I started working there. I've also gotten no bonus in 2020 or 2021.
Probably because they are trying to force us back into the office. My job can and has been done 100% from home, yet in his own words "we're a work from the office company", so they want to force us back.
I was supposed to go back recently, but I got a somewhat vague message saying to "stay home until you're asked to come back", but that was after I was asked to come back, so I'm taking it as stay home and hope they forget to ask again.
The only reason I haven't quit is because I've already been looking for a new job and I'm not sure I can even get one.
I quit at the beginning of lockdown and it was the best thing I've done professionally. The B of A team I worked for was drastically underpaying us - I found out that other teams in a different city in my state with my same job title:
Had 1/3 of the responsibilities
Were paid at least 10k more
Were a higher job band
When I brought this up to management, they said they would do a "competitive salary analysis". This was in 2018. Straw that broke the camel's back was my direct manager telling me with a straight face "congratulations on the great raise, you really earned it!" the raise was $0.23 an hour.