Thread regarding Bank of America layoffs

Did you get your stocks bonus today?

How many did you get?

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Post ID: @OP+1fSyZ8SM

11 replies (most recent on top)

got 120. am new hire in q4 last year so wasnt sure i qualified (even with all the emails that were sent out). my boss didnt say anything at the review. so was pleasantly surprised

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Post ID: @4zko+1fSyZ8SM

180

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Post ID: @2muu+1fSyZ8SM

@2dxi+1fSyZ8SM Exactly!! They get a few days of good press for the announcement -- fully knowing they will never have to actually pay a dime of it.

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Post ID: @2stq+1fSyZ8SM

$0 because I’ll be leaving soon.

They aren’t d-mb, they know RTO is going to make a lot of people rethink things. These crumbs they toss form a trail all the way to 2026.

Very transparent and disgusting.

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Post ID: @2dxi+1fSyZ8SM

$420.69

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Post ID: @2okf+1fSyZ8SM

And that depends on the market and if you stay that long to see it thru.

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Post ID: @1rlh+1fSyZ8SM

They are in and need to be accepted. It was the same amount previously communicated and is based on salary.

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Post ID: @sez+1fSyZ8SM

Don't forget that they withhold some of the RSUs on those payment dates for tax purposes as well. Really makes the actual award barely worth hanging around.

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Post ID: @dwx+1fSyZ8SM

80 @ $3,427

Remember their ridiculous vesting structure:

PAYMENT SCHEDULE. The Restricted Stock Units shall be earned and payable in four
(4) equal annual installments - if you remain employed with Bank of America and its Subsidiaries through each of the payment dates as follows.

Payment Date
March 1, 2023 - one-fourth (1/4) of Award
March 1, 2024 - one-fourth (1/4) of Award
March 1, 2025 - one-fourth (1/4) of Award
March 1, 2026 - one-fourth (1/4) of Award

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Post ID: @gpv+1fSyZ8SM

$3427

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Post ID: @evg+1fSyZ8SM

120

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Post ID: @vul+1fSyZ8SM

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