Topics regarding layoffs at Bank of America

Topics regarding layoffs at Bank of America

Side hustle

Are we required to disclose to our manager if i do food deliveries on weekends and non office hours? This economy got me in a tight situation.

Bank of America Pay Band and Bonuses

I have an interview for a Business Control Manager position. I would like to know what the pay band is and what bonus to expect. I’m currently working at a different bank and getting a 20% cash bonus. Is B of A comparable?

Private Bank Layoff?

Heard there are layoffs happening within Private Bank , specifically the institutional group

Bonus

Serious question - is pay for performance (bonus) really no longer a thing? I’m new and thought my salary (total comp) was decent because of the bonus possibility. If it’s no longer a thing, I’ll be pretty upset. Has anyone received a bonus within... — read more 

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Internship opportunities for college freshman

I am currently a freshman at UNC Charlotte, majoring in Computer Science. Does Bank of America provide any internship opportunities during freshman year? Thank you for your response.

What do you think about AML Ops?

Just that really. How's the organisational culture? Appreciate any inputs as I am considering an offer I have with this team.

Start date for new hires

Heard that start dates for candidates that accept an offer are now being deferred for the beginning of the next year after a certain cutoff. Is this accurate, and if so, when does it roll vs immediate start?

Those of you who have stated 5 days a week in 2025...

Have any of you been told that ON THE RECORD? Or is it just rumors and/or hearsay? I don't doubt they are looking to have more employees in the office more than 3 days a week. I do have doubts it would be firm-wide for 100% of employees. They've put... — read more 

Shut up about in office requirements

Good lord.. the last 9 posts are “in office requirements” .. yes the bank makes you work in office and just know that going into an interview. It’s anywhere from 3-5 days, no need to post every single job application. Driving me crazy

In office requirements

Hi. I am interviewing for a position at BOA and am wondering how many days in office is required. It’s a corporate office position in CRE sector out of FL. Thanks

Anything good?

Is there anything good about working at BOA that you like? I’m curious. The job market is depressing and I need a reminder so that I can hang on a bit longer. lol. I’ll go first, benefits aren’t bad

More Layoffs

Bank of America has been quietly cutting tech staff. https://www.efinancialcareers.com/news/bank-of-america-layoffs-technology-quants.

Bystander intervention Chicago training

Another propaganda piece by the combined efforts of the bank and the city of Chicago to push gender ideology and DEI, then pushing it off as a matter of ethics that everyone needs to buy into. The people claiming they are victims are the BULLIES. — read more 

Medical My Work

has anyone who is part of medical my work had any success applying for new roles and getting the job? or are you placed permanently in that dept that initially accommodated you

Merrill Edge

Just curious if anyone feels the same way. Is the bank eventually looking to get rid of Merrill Edge? The processes and procedures seem so archaic. And then they have replaced so many licensed associates with unlicensed contractors. If you call... — read more 

Scared

How true is the requirement to move to 5 days in office starting January 2025? Or is it just a rumor? I can’t afford to commute 5 days a week from ct to ny. If it’s true, I’ll have to start looking for a new job. Looking for facts not hearsay or... — read more 

New Badges?

What happened to the new badge that they were supposed to roll out in March? Rumor was it was going to cut down on swiping and leaving. Did that project lose funding?

Charlotte Uptown has no parking

Currently, there is a 2 to 3-year wait for local parking at some building locations. I guess banks make you pay to work for them. General parking is $20 a day. You are forced back into a working situation that you don't want. That doesn't sound very... — read more 

Personal Days

Ok so I’m genuinely curious, how do you all use personal days? I use them as additional time off and every other person I talk to does the same. I was told today by my boss that you cannot use them as vacation days, cannot take them consecutively and... — read more 

Women's Forum

We recently got to be included in a watch party for a women's forum. I love uplifting events that focus on diversity. It was not the least bit condescending! The first presenter (the sponsor) was a man. Obviously, it should be a man! He described his... — read more 

Weekends?

Does weekends count for the three days in office? I work on Sundays anyway as a product manager. Can I go in office on a weekend and meet the 3 days in office requirement ?

XD Impacts?

Heard about imminent layoffs on XD content dev side due to outsourcing initiatives. Anyone else hearing this?

Health Account Expenses

I’m getting tapped to provide detailed receipts for nearly every medical expense. I understood the dermatologist but the one where I was put into the hospital for a few days? I feel like my HIPPA rights are being violated.

Vacation days

Whoa.. just looked at other financial institutions career pages and noticed many give employees 25 vacation days.. and 30 at 10 years. I’ve been at BofA for 12 years now and still only get 20 vacation days. And yea, they have personal days, but so do... — read more 

Transportation assistance?

Does Bank of America pay for transportation ? Do they reimburse you half or all? I’ll be taking the train daily and wondering if they pay for transportation at the director Level?

Internal mobility no longer an option

The bank now has a requirement that you have to inform your manager before you apply for an internal position (rather than if you get an interview). Since you rarely get an interview or offer from your first application imagine applying to five or... — read more 

relocation and salary

if you have relocated from a major metro market (e.g. NY/NJ) to another hub like Charlotte or JAX, how was your salary adjusted if at all? please mention what area/department and tenure. this has changed over the years, they used to adjust you down... — read more 

accommodations team

Has anyone dealt with a consultant that won’t answer emails or calls. I’ve sent out 3 emails and have gotten zero response. She sends out an invite to speak on the phone at her available time, i moved my schedule around and when i called no response... — read more 

corporate mobile device policy

is it mandatory all employees should get corporate mobile device? why my manager is forcing me to have one? I absolutely have no use of corporate cell phone use.

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