Thread regarding Bank of America layoffs

GTS Bonus $$

Seriously cr*p bonus $ (down 25%) ….. considering all the issues we’ve had and continue to deal with the last year. Anyone else quiet quitting, bare minimum, here I come.

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Post ID: @OP+1kTt3AvE

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@8fma+1kTt3AvE

This comment sounds like me but I don’t remember writing it.

Trying to figure out if I was drinking and posting.

😂😂😆

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Post ID: @cxps+1kTt3AvE

Its why I left. As a top rated employee (or so i was told) in that LOB for many years (and a longtime employee), the bonus went down YOY. Annual increases barely existed, if at all. I predicted this would happen and am worth more than an annual decrease in pay.
Signed,
A very happy former employee

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Post ID: @bxpc+1kTt3AvE
is $1750 good bonus?

Depends how much Str1pPers charge?

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Post ID: @8fma+1kTt3AvE
  1. 5% reduction in bonus. Perennial meets/exceeds or exceeds/meets ratings.
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Post ID: @5kqw+1kTt3AvE

GTS is famous for exactly this. Year after year your goals dont go down but your bonus sure does

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Post ID: @5cns+1kTt3AvE

is $1750 good bonus?

work in IT, NJ
started in 2018(had 20 yrs of experince) base - 105k
now: 113k - base
Bonus: best year was 3k, the rest 2k
Raise 2%
been told ' You are doing awsome job'

this year bonus : 1750
Time to find better paid job??

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Post ID: @2hxp+1kTt3AvE

@1itc+1kTt3AvE - how should we know? $ amount alone means nothing out of context.

What was the change in bonus YoY?

Is this your first year in your career of your 20th?

What percentage of your total comp is your bonus?

What geography and type of role are you in?

if you're an investment banker or trader, not so good.

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Post ID: @2xfg+1kTt3AvE

is $1750 good bonus?

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Post ID: @1itc+1kTt3AvE

I was thanked for my extra effort and told I was ranked near the top of our pool. I got no raise, and my bonus is down 15% from last year. If that is what all that effort gets me as recognition and reward compared to my peers who need constant direction and never do more, then they have succeeded in ki-ling any motivation for me to continue trying this year.

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Post ID: @1gbe+1kTt3AvE

F**k this place.

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Post ID: @mkf+1kTt3AvE

Just had bonus convo. Significantly lower than any year since the 2008 recession (down 33% from my average.). So much for “success that is shared”. After a crazy year with an enormous workload, it’s a total slap to the face. I’d expect at least flat or, as in other “challenging” years, 10% less or so. Factor in inflation, and I took a major pay cut. Ridiculous.

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Post ID: @odt+1kTt3AvE

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