) Place incompetent younger manager w/ zero experience in charge. Make sure the new manager works remote from another state and visits on-site infrequently. ) Use cronyism to create divisiveness. Play favorites, ignore older workers. Give... — read more
When does the annual 401-K bank contribution hit the account?
Asking about the annual 2-3% bank contribution. Need to know when to give my 2 weeks.
Predict the outcome of the upcoming Hybrid work survey:
A. Overwelming majority of employees want to return to the office full time with no hybrid option. B. Employees overwelmingly expressed a desire to return to the office full time, rejecting hybrid models. Returning to the office full time with no... — read more
Leaving with a potential return
I know, you think I am crazy for asking but... If someone were to leave BOA, and come back in say six months or a year - Do you retain any sort of benefits such as the 401k match, stock options etc.? Or do you start back from square one? The... — read more
Covid emergency pay
Hi, does anyone here have experience with how it works? I am on my last week of paid hr emergency time for covid and still am not well enough to return to work. Will I be laid off? I haven't had communication from either my case manager or direct... — read more
Working a 2nd job?
I have been working a 2nd job for almost 4 months now. I'm generally able to do a decent amount of work in 8 hours and can stretch that into 1-2 weeks of delivery. BAC is a joke in terms of oversight and productivity.
I don't think productivity will be better
Moreover, I think that the productivity of employees will be worse than ever after the return to the office. I don't think BofA will like the end result of RTO. Would love to hear your thoughts.
Lied to again by management!
Just got finished with a town hall for my department. If course RTO was brought up. At one point we were told we are following the CDC guidelines. We were also told the Bank considers you fully vaccinated if you have 2 shots, boosters don't have... — read more
RTO
All but two associates have returned to the office. The remaining two have not been invited back which means they have not provided their vaccine status. We were originally told the unvaccined would be in a different area as the ones that are... — read more
Cut throttling culture for women
As a woman, I feel it’s harder for me to get promotion and more job responsibilities because management have a biased bro club culture. Diversity is a serious issue in global markets and need more awareness.
Idea for Optimizing Efficiency
Efficiency ratio for global markets business is not good. Many shareholders tend to agree. The simple trick is to layoff more middle level management to make reporting structure more flat. Less managers, especially less Director and Managing... — read more
Business + tech
Why are their attempts to get business and tech groups to work together unsuccessful? Someone mentioned that it was a nightmare, and it really is. I share the same opinion.
Dude, where's my notice?
Return FAQ... "Q: How and when will I find out that it's time for me to return to the office?" "A: You will be given AT LEAST 30 days' notice before your scheduled day back in the office." I mean I'm no mathematician but a notice on 2/15 to return... — read more
November Vaccination Status Requirement
Were there repercussions for those that did not enter vaccination status on November 1st?
This needs to be on top
What a fcking joke. Last week, "You CAN return to the office, beginning Feb 23." One week later, "You WILL return March 1." The best part... "with continued focus on what's important to you." If you gave a sht on what was important to me, or... — read more
External hires
Are most of the opens still internal mobility only or are things opening up more?
Bank of America is where careers go to die
Full RTO...good people will leave and they will continue to import visa workers from India who don't know anything and barely speak English. Attrition is horrible and they know it...but they have to pay executives their millions Good people are... — read more
March 1st all vaccinated back in
Unvaccinated continue to work from home...
2022 staffing and FC designations
Word is tomorrow many centers will learn what their new permanent hours will be as well as what staffing will look like. Apparently most centers will now be 10-4 m-f, losing FCAMs and tellers only staffed with FCM, RBs and maybe an RM or... — read more
You should always be working on your employability
I'm a veteran of the banking industry for four decades. In that time, I have worked for four large and two regional banks. I had no issues finding a new job at any point in my life because I followed three simple rules. The first one is to always... — read more
This is Bank of America
"No one wants to work. Our turnover is terrible." Did you give raises over 7%, the rate of inflation, so workers got ahead? "No" Did you give larger raises and bonuses to execs than others? "Well, yes, but..." Did you ask people to pick up slack for... — read more
COVID Emergency Pay
Is it only available if the employee is sick? How about if members of the household are sick including minors and employee has to take care of them?
What happened to "Hybrid" approach?
seems like they are asking groups of people to come back to office. recently i heard Management was thinking of "Hybrid" approach to allow people to work from home for probably 3 days a week or so. However.....looks like all that Hybrid approach talk... — read more
Would you take this offer?
Not a bank, $10k pay cut, 2 less weeks vaca, but the role has more upside, lots of flexibility and is fully remote. Large, long time respected company.
How much time do you spend looking for a job?
I have two interviews scheduled for next week.. I made complaints in vain. Nothing has changed and nothing will change for the better. The only way forward is to leave. The first offer came exactly when I definitely decided to leave and when I... — read more
OBA and AM - Who's Happy with it???
Anyone here happy with OBA or AM?? How can we get the senior leadership to understand this new system is BS and it's affecting everyone's workload and ability to take care of clients. If you are a rockstar at it please share your best practices. — read more
It's been a couple of weeks since raises were announced
How many are still pi---d about the amount they got? I'm still mad about my 1.5% raise and 3% bonus. This is the first time I'm seriously considering leaving. BofA was never great about raises but now it has become insulting. Also, please don't tell... — read more
3/11 RTO
I received a 3/11 return to office email. It says I will return with many others. Doesn't sound like it is an option or that it is voluntary. Anyone else get this email yesterday?
I should have gone to a smaller bank a long time ago
What a relief! At first I was quite hesitant, it didn't seem like a good idea to go to a bank that doesn't have such a strong physical presence after spending a long time here. It turned out to be a great idea. Not only am I paid more (!), but the... — read more
2/15 RTO
My manager told me the Feb 15th return date is not voluntary. Anyone heard anything different?
Global Markets is Toxic For Women
There are way too many managers than necessary in global markets. These managers don’t bring productivity. They are just good at speaking nonsense and politics. They prefer to give more opportunities to male instead of female. If you are a man, you... — read more
I can't do the bare minimum
I wish I could, but I always think about the future and how what I'm doing right now will reflect on it. I don't see how doing a bare minimum can be positive for me in any way, other than to create a possibility for somebody to hold it against me in... — read more
Has anyone heard that some LOBs invited their employees to EOY celebrations?
I've heard from various people in different LOBs that management paid to gather employees for EOY celebrations. Significant celebrations like trips to Las Vegas.
Compensation question
At what level do you get shares of BAC stock as part of your yearly compensation? Vice President? Director? Managing Director? Or just a Manager? I'm at AVP and just want to know if I'm one step below getting shares of stock or many levels below.
Bonus payout
Does anyone know approximately when on Friday will we see the bonus in bank account? Trying to figure out when I can give my 2 wk notice or wait until next Monday?
Too Many Managers
I work in Global Markets. I can say one of biggest problems we have is too many managers. A lot of managers here have five or less reports. These managers don’t do much. They are hurting instead of improving productivity. They created tons of long... — read more
More raises for CEO means more laid off/quit
Don’t you believe or not? while Our CEO got his 32 millions bonus, there are more than 3,200 associates has been laid off, retired, and quit the company during the year of 2021.