Thread regarding BB&T Corp. layoffs

What about the rest of us?

I wish everyone who's received meets or exceeds on PDPs were only so lucky. It seems mid/high level managers are the only ones I've heard of that are getting these "retention bonuses" (other than the 15's and below getting the $1500).

What about those in middle who are 16 and above that aren't managers?Do we not get a participation trophy too lol? I'm guessing not and that their reasoning will be the same as it has been in the past when they did stuff like this. "They already get a yearly performanced based bonus" (keyphase- PERFORMANCE BASED)

It's nothing personal against those who are not in the 16-18 bracket, it just seems quite unfair for those who are in that range . Those employees are typically the ones who get stuck with all the nonsense and aren't able to call it quits after an 8-5 workday like the lower levels. It's a shame and it surely has not gone unnoticed. Unfortunately it also isn't helping the already depleted morale.

Good post, bumped from @11cjk8qk-1rfc.

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Post ID: @OP+11dSuhCo

13 replies (most recent on top)

Additionally, even though the bank has acknowledged that they don't pay the lower pay grades enough to afford the company health insurance (and/or the company ins is too expensive), instead of the company righting that wrong, the higher pay grades will now be incurring a 15% surcharge to subsidize the in adequately paid associates. I have a child with a medical condition, and even with the co insurance, for which I pay like 9k/yr, I still have outstanding med bills/debt. Now I will also pay a surcharge so that truist doesn't have to pay their employees appropriately and/or provide a better insurance subsidy themselves.

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Post ID: @6ngv+11dSuhCo

I agree I think the larger amount of layoffs will happen after they've soaked up every bit of work from us to complete the work for merger and then we will really start to see the cuts.

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Post ID: @3ens+11dSuhCo

The employees that are 16 and above and managers will get the additional bonuses, they're the ones who will not be honest with their direct reports. Management does not want people leaving their jobs before the merger is complete. It's after that you will see major layoffs, its sad but true.

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Post ID: @3uez+11dSuhCo

You are right there are some that don't work 40 hrs on a consistent basis and that's wrong. But in my organization that is few and far between. It will catch up to them soon enough, or so we can hope. Time fraud is a big deal in my opinion no matter which side .

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Post ID: @2lfv+11dSuhCo

say what you want but I know lots of "salary" workers for this bank that have not put in a 40 hour week since they became salary

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Post ID: @2awq+11dSuhCo

That's a shame that you don't get a yearly "bonus" it would at least help compensate for the OT that you weren't paid for. Are you a BB&T employee or SunTrust? I'm a 17 at bb&t and don't think I would do this job if I didn't get it because like other posters have said it's really money you should have been paid anyways and most of the time still not even enough.

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Post ID: @2mqb+11dSuhCo

Well I’m on the other side of the merger and am salary but don’t receive annual bonus either. I work more than 40 hours and don’t get overtime. I’ll take the 1500 if I’m still here. Be appreciative that you get a bonus.

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Post ID: @2dkv+11dSuhCo

I was simply stating the facts as you called the previous post "pathetic" because clearly you didn't know the facts about the hours worked, the percentage of the bonus or that the bonus really isn't a bonus in most of that pay grade range and you need those facts to be able to make a valid point . Most of us to include myself know all those stipulations going into these positions and I don't think any of the previous posters were complaining about that piece. So Thanks but no thanks on the lower level position suggestion for those of us who are 16+. Ive personally been there done that and worked hard to move up over the past 11 years. You clearly don't understand what we're talking about nor the point that is trying to be made by those of us at this level.

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Post ID: @1vbm+11dSuhCo

Sounds like you should take a job with a pay grade below 16 so you don’t have to deal with everything you’re going through.

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Post ID: @1znr+11dSuhCo

You do realize that 16 and above are salary correct? So that means if we work over 40 hours we do not get paid any differently and most dont even get "comp time". We work for free as it's more of a norm to work 40 + hours than it is to work only 40 for us. Not to mention all the late night changes that take place where you're up all night and expected to be back to work first thing in the morning. Also most 16 and above jobs require a good amount of experience, a degree, and or certifications so just like anywhere else in the real world they would get a higher salary. The bonus is not a guaranteed 10% just an fyi. I've added up all the hours I've worked extra each year and every year the amount of money I get in the spring that you call a "bonus"doesn't even come close to covering the amount of money (even at straight pay) for the hours of OT I put in. I don't think anyone is complaining about the $1500 more so the bigger bonuses for retention and even more so just overall principal. I started off below a 16 so I can understand that you may think the grass is greener past a 16 but that is not necessarily the case at all. Unless you like to work for free.

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Post ID: @1hmj+11dSuhCo

Pay grade 16 and up get annual incentive of 10%+ not to mention a higher salary than all those pay grades below and you are complaining of a 1 time $1,500 bonus? Pathetic.

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Post ID: @1jyz+11dSuhCo

Non-managerial 16 and up are basically akin to the middle class in the US - we get a bulk of the responsibilities of keeping things running, but are last in line when it comes to monetary payout. 15 and below get bonuses to feel good and make for good PR. The upper echelons get their wild bonuses and top of bonuses, as usual. The middle are rewarded by (maybe) being able to keep a job.

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Post ID: @gzt+11dSuhCo

Thanks for the bump, it's just a bit tiring seeing the same people be underappreciated. I don't need a gold star but at least be fair if you're handing them out.

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Post ID: @pqa+11dSuhCo

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