Thread regarding Bank of America layoffs

Stock awards

So how many are we getting? What is the breakdown by salary level?

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Post ID: @OP+1kRZnM3D

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120, which I will not be around to actually collect in 4 years.

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Post ID: @fsto+1kRZnM3D

When an employee receives shares of BOA stock as part of their yearly compensation, is that based on their band or salary? I always thought it depended on your band but the comment below makes me think otherwise. Just curious if anyone knows for sure

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Post ID: @canw+1kRZnM3D

Same as last year for me, 120 shares. Before they expanded the program to employees earning under 100k total comp, I was getting 200 shares per year as a B5 just barely making over the salary to qualify.

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Post ID: @cgcy+1kRZnM3D

Stock award email today. Same 80 shares as 2022.

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Post ID: @arpg+1kRZnM3D

means nothing if you leave before they vetsed

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Post ID: @3xaz+1kRZnM3D

Stock award amount is increased.

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Post ID: @1upp+1kRZnM3D

"Better than nothing... " just like what my idyot manager used to say. Also.. "You're lucky to have a job."

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Post ID: @oly+1kRZnM3D

20 shares a year. We are going to be all rich! What a joke this place is.

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Post ID: @grw+1kRZnM3D

Or same number of shares as last year.

With sinking stock price, would be cheaper for BTM and cronies.

(but same YoY $ amount is probably right)

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Post ID: @qts+1kRZnM3D

Most likely equal dollar amount to what was given in 2022.

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Post ID: @zqw+1kRZnM3D

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