I left in 2018 and to this day I'm happy I made that decision. My new company is far from perfect but I'm in so much better position than when I worked at BofA. I recently stumbled on this site and decided to check how things are these days and... — read more 

"Shrinking headcount helps keep expense growth in check" https://news.bloomberglaw.com/banking-law/bofas-job-cuts-offer-a-road-map-for-navigating-higher-costs

1099s issued with old addresses on them or somebody else's addresses. Merrill sends list to FAs of their 1099r clients but wait, the list FA B received belongs to FA C...privacy issue? Merrill mailed out checks with dupe check numbers. Offices get... — read more 

I see it happening all the time. New employees (and not just them) who are eager to please decide to go the extra mile to get noticed and end up doing a bunch of extra work that with time becomes expected of them to do. When they realize they've... — read more 

I got a 2% increase- a ridiculous figure. M/M just because they felt like giving me M/M when I do most of the work in my team, never had M/M. They also plan to increase minimum pay to $25/hr for new hires, what about the associates who have been here... — read more 

This is so messed up! While most of us took massive pay cuts he took 7.5% last year. Some folks took as much as 60% bonus pay cuts. This year it wasn't a windfall for 95% of the company and barely makes the difference in last year's loss. What a sc-m... — read more 

I have a few people on my team that have been at the Bank for a long time. Three people are over 20 years and two are around 18 years. Im only at 7 years. Anyway, they are arguing that the RSU award should have been based on tenure and not... — read more 

Hi everyone, I was wondering if anyone knows the deal with not returning at end of maternity leave. I plan to give notice etc just didn't want any surprises. I didn't find anything specifically in bank of america policy about having to repay wages or... — read more 

I respect everyone's choice. I wouldn't want to discuss whether their decision is good or bad, I am just interested in where are they now? This is of particular interest to me, as now most employers want people back in the offices. I was surprised... — read more 

BofA was very quick to advertise that they gave RSU's to people making less money: Making up to $50,000: 2021: $750 2022 : 65 units Making over $50,000 up to $100,000 2021: $750 2022: 80 Units What they obviously are not mentioning is that people... — read more 

Curious if anyone who is unvaccinated has heard anything about RTO. If not, do you have a contingency plan?

I'd love to hear what everyone was granted.

It is becoming more and more obvious that in a few years, the current situation in this company will be seen as the "good old days". Unfortunately. Are there any optimists who don't think so?

There's a really good life outside of this place that comes with better pay, better raises, better bonuses, and better company culture. Only to get it, you have to be brave enough to go out and look for it. I'm not one of those who are desperate to... — read more 

Any CSR's get raises? If so how much? Where are you located. Thanks.

The time has come…again.

Does anybody think their vaccine status was held against them (review or comp)? Not me, but thought maybe someone....

First, please do not hate on or judge me. This is an honest question from someone who’s been with the bank almost 10 years. What is a Sponsor, and the benefit to having one. How do you get one? And lastly does it make a difference? Sorry, I heard... — read more 

I was thinking I was on track to get one. I was let down. But I've heard that title promotions do not come with a pay bump, so really, I don't view it as a loss. Several other folks in my area got one, so I'll be dealing with inflated egos for a... — read more 

I was wondering if anyone here has had luck dealing with employee relations? The few times I've reached out they just refer me to my manager which doesn't make sense because I always try to deal with my direct manager before reaching ER. It doesn't... — read more 

I heard Brea is closing down the office and all people in the building are WFH permanently. Any truth to this? If they offer it in one location it should be offered anywhere that can.

Is this another case of "let's pretend we didn't see it coming"? I took a look at the graphs and it certainly looks like we are headed into dangerous territory--along with reduced resources and climate chaos. But it's hard figuring out how to time... — read more 

I don't like this bank or its leadership any more than anybody else here, but this is not just our issue. I looked through pages for other banks on this forum and I couldn't find one that gave its employees cost-of-living raises. Raises average 2-3%... — read more 

I don't know anyone who has changed their mind about leaving after receiving a bonus and a raise. Moreover, I know people who are now even more determined to leave this place after receiving a low bonus. It's very questionable whether BofA has... — read more 

This is definitely not the worst company I ever worked for. And I have to say that the bank used to actually be a good place to work. It isn't any more. The company has gotten progressivily worse since 2008. I used to tell folks that the bank was a... — read more 

Anyone else find it disturbing that if you got bad news last week it was deliveed by a speech about you are a valued person on the team blah blah blah? A former associate who was a manager told me they are given that to stay on message. How can they... — read more 

Anyone aware of what the deal is with use "Emergency HR Pay" while out with COVID? I came down with it and have had a pretty tough time getting back to normal. When I first tested positive I called to report my case to SOACC, who assigned me a... — read more 

Considering how bad BofA has been about raises and bonuses, the only way not to feel disappointed is to expect to get nothing. No raise, no bonus. Then when you get the borderline insulting 1 % or 2%, you might not be overjoyed but at least you won't... — read more 

You know how to reduce the effects of inflation? Don't buy so much. https://www.youtube.com/watch?v=P7p3iVTBm7M

Newly hired in Oct 2021. Had perf review M/M but no talk yet about bonus. What as the chances I will get one? Even a prorated one?

RSU grant amounts, so the amount of stock you're going to get, will be announced by mid to late March.

and for benefits was "granted" 6 weeks a year in away time. Is that good? Not sure who to ask, thanks!

Long time current employee here. For those who have formerly worked at the bank and found a new opportunity that offers full remote and better compensation, can you provide some best practices for the job search and what things to avoid?

They must think we're all so desperate that they can throw insulting raises and non-existent bonuses our way and think that we're all just going to take it like good little boys and girls. I don't understand where that confidence is coming from... — read more 

Was a meets/exceeds in 2020 and bonus down 20% was meets/meets in 21 and bonus up 15%.

I'm thinking about approaching my manager regarding the topic of salary renegotiation, though uncertain how the process works at this company. Does HR just automatically laugh and say no, even if presented with reasonable market facts, proof of... — read more 

This email from Brian Moynihan is so vague. Are we really not getting a cash bonus this year? The email mentions stocks. I’d much rather have a cash bonus. I hate it here!

So, let’s get this straight. The company had record earnings EVER for 2021. And where were we? WFH! I contribute it to no commute, happier work life balance. I work HARDER from home because I’m more happy and no office distractions. The no commute... — read more