Yup. Gone.
Hey RJ employee, did you get a 37% raise like Paul did?
Raymond James CEO Paul Reilly, meanwhile, took home $13,901,046 in 2021, an increase of 37% over 2020. That makes Reilly the highest-paid executive of a publicly traded broker-dealer
Poor Paul he had to sell some stock.
Paul C. Reilly sold 24,016 shares of Raymond James stock in a transaction that occurred on Wednesday, December 14th. The stock was sold at an average price of $111.27, for a total value of $2,672,260.32. Following the transaction, the chief executive... — read more
RayJay Chief Paul Reilly Granted $15M Award to Facilitate CEO Succession Plan
Isn't it great that Paul is given 15 million to look for his replacement. What a world we live in.
401K Benchmarking Exercise - Assistance Requested
I currently work at BNY Mellon. Our CEO recently announced a change to the 401K plan. Currently our company match (max 7%) is implemented each pay period. Starting in 2023, the match will be paid at the end of the year (actually, three months after... — read more
Just checking in.
Haven't seen any postings for awhile. Wondering how things are now at RJ. I was one of the lucky ones that left on my own terms after the big layoff 2 years ago. Hoping all that are still at RJ are mostly thinking of themselves since RJ management... — read more
I'm free
Well after 2+ years I'm out at RJ. I've been with RJ a little more than 10 years and have seen ups and downs. The downs far outnumber the ups. When I first started there were happy faces everywhere. No happy faces these days. People are doing... — read more
Happy 2 year anniversary to the 550
It's been 2 years. For some of us, happy years, for others not so much. Some struggled some succeeded in moving on. If you care to share let us know how you are doing and how you landed.
Pay grades
Hi everyone. I’m trying to figure out for operations what you would expect for pay as an 18. Or the pay jump that would come from going 17 to 18. I’ve heard so many different things but was hoping someone could give a more solid answer. Thank you!!! — read more
Do you feel sad for those still working at RJ?
I know it is nearly 2 years now but I still hold a grudge...especially to all the senior execs that did the layoff and ruin of 550 lives. I find it interesting that when I go look at the open positions currently at RJ they consistently have well... — read more
Just curious...of those RIF'd two years ago...
I personally haven't been at RJ in a long time but I spent a couple decades there previously. A thought that crossed my mind when I keep hearing different names impacted by the RIF two years is that the UBSers and their crews all stayed, but the vast... — read more
Can't believe in 1 month it will have been 2 years since 550 people were let go and lives changed forever.
I was one of those that was freed from the ball and chains of RJ IT (think Bella, Vin, Andy). For the 1st 3 months it took a lot for me to decompress and come to grips to what happened. After that I rebounded and found a great IT job in Tampa (I'm... — read more
What is with all the resignations in Technology?
I know first hand it stinks to work in Technology, as I've been dealing with this misery for 7 years. We have a ton of open positions because people keep leaving. Now a bunch of VPs and SVPs (the good ones) have resigned?!? Bella, Vin and Andy are... — read more
how will you spend your $1000?
Did you hear...tell it from the mountain tops.....Paul has graciously agreed to hand out $1000 bonuses tomorrow to offset inflation. How nice of Paul
I'm trying to understand...
how is it possible that this place, from a very nice workplace, so quickly became a place that most of us would not recommend to anyone?
What’s wrong at Raymond James?
Just saw over 550 job openings on their website and over 250 are newer postings. Guess people are leaving as fast as they are hiring. Brain drain must be bad.
Client Access and supporting help desk is Garbage
Long time account holder with considerable assets. Constant issues with automatic payments......never any reason for the issues, just ask me 100 questions that they already have the answer to, then say everything will be in good shape now as if they... — read more
Anyone still at RJ care to tell us how things really are?
I'm long gone and out of touch except with a couple close friends and most of them have also left RJ. I put in nearly 20 years and countless hours, nights, weekends to this company and was fine with it until it became clear after the most recent... — read more
Do you expect layoffs at RJ any time soon?
Some competitors are cutting.
Does RJ care about their entry level employees with what is happening to the economy
I'm wondering if RJ is doing anything to help their entry level employees (those making less than $75,000)? With inflation going nuts, the stock market crashing and gas at nearly $5 a gallon and lets not forget about rents going thru the roof. If... — read more
They are absolutely disconnected from their employees
I don't expect any changes for the better here since I've become convinced for the hundredth time that those at the top absolutely disconnected from their employees. What will this result in? My opinion is - nothing good. I don't believe that they... — read more
500 million for tech but what about the people?
Just saw an article with Paul being interviewed and him claiming that RJ is going to invest 500 million in tech. My question is if things are so good why isn't RJ investing in people, why are there still 500 plus job openings. I hear that RJ IT has... — read more
RJ Seems Oblivious to its Salary Problem
Those who make the real decisions at RJ know what everyone else does: RJ has a salary problem. Paying people in beaches and sunshine doesn't fly when competitors no longer care where you work. There are over 600 positions waiting to be filled... — read more
Acquisitions
Does anyone else find it crazy we had the layoff and immediately continue to buy other companies? I feel bad for some of the staff that get to “join” us, albeit sometimes temporarily.
Who knows when there'll be more cuts?
Is something in the works for this or the next month?
so nice to hear how difficult RJ HR is having it
For over a year RJ has had on average over 500 open positions. As fast as they hire, someone leaves. Sometimes it's the newly hired having discovered how difficult a work place RJ is in certain IT areas. Yes I am one of those let go and yes I am... — read more
Why are we hiring from the outside?
We are bringing in more people from Wells Fargo. Why? There are plenty of capable people within RJ who could be put in those positions, and who earned to be put in those positions. No wonder so many are opting to leave when there are so few... — read more
Anyone still at RJ in the IT area care to comment?
It would be nice to hear other sides of how things are at RJ? I have been gone nearly a year and those I still talk to are negative on everything. Can anyone give some honest insight as to how good or bad things are?
RJ HR is losing ground
I heard thru the grapevine that Paul has decided if a position is open for more than 60 days it is no longer needed and that they will be taken down. RJ front line managers are having issues and HR isn't helping. Don't you just love it.
Nobody I know still at RJ is positive...
I was one of the 550 let go 18 months ago. I have stayed in touch with about a dozen former collogues, most but not all in IT where I was. Not a single person has a positive thing to say about the current RJ. They are simply going thru the steps... — read more
Poetic justice
RJ laid off employees at the worst possible moment and decided not to bring them back when it was possible to do so. Instead, the company decided to hire new people. Well, now there's a labor shortage, RJ is having trouble hiring and is actually... — read more
It's been 18 months, how is everyone doing?
Hope every one of the 550 let go in September 2020 are doing well in whatever they decided to do whether it is a new job, retirement or new career. I also hope all the "worker bees" still at RJ are doing ok even though it is a he-l ho-e workplace. ... — read more
RJ disaster test coming next weekend.
I have heard that there is big worry within IT about the upcoming test mostly due to how many key IT technical resources have been lost. Maybe Bella, Vin and Andy will have to logon and help. They can at least validate that their accounts are still... — read more
Sorry state of affairs in IT
First, I left in the past 6 months (not saying exactly for obvious reasons). I know of at least 5 others in IT that have left by either retiring or quitting. I also know a number of IT folks still at RJ and for obvious reasons laying low. There... — read more
Talent is in the back seat
Talent is irrelevant when compared to who you know and what box you can check off. Professional experience used to mean something here but those days are long gone. If anybody is wondering why most of the talent is leaving, there's your reason... — read more
I so much enjoy watching RJ HR struggle to fill all the open positions
It has been months since RJA has had job postings less than 500 and it has been weeks and weeks with over 600 open positions. Word on the street (I've spoken to a number of employment agencies) is that HR at RJ is extremely hard to deal with. The... — read more
Hey congratulations RJ for making it to 600 job openings again
I just love watching the RJ career site. There have been over 500 open positions for months and months. Today I saw it go over 600. Way to go RJ. I also love the way you can look at the number of job openings for the past 7, 14, 21 and 28 days. ... — read more
How is the exit experience?
If you know somebody who resigned, do you know what their exit experience was like? I'm most interested in knowing if the two weeks' notice is necessary if I want to leave a door open for possibly returning in the future. I don't hate working here... — read more
Paul Reilly gets a 12% raise to $13.9 million
I want to congratulate Paul Reilly on the outstanding job while leaving behind 550. Not only that but he has created a fostering work environment to the point where there are now nearly 600 job openings on the RJ website. People are leaving as fast... — read more