Thread regarding Bank of America layoffs

Title change

I noticed my title changed. Is there a pay change also? Are there ever increases mid year?


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Post ID: @OP+1kxcntzn6

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"I notice my title changed to CEO and my phone rings a lot more."

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Post ID: @hk+1kxcntzn6

@dc officer title changes are not tied to salary

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Post ID: @h5+1kxcntzn6

Raises are not strictly tied to title (corporate or functional) changes. Pay is tied to how you're rated with exceeds getting most of the money. If you got a title promotion it's likely you received an exceeds which means you're likely to get more money but again they're not directly tied.

Generally, your manager will stack rank their teams and pay the top the highest.

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Post ID: @gp+1kxcntzn6

If you went from AVP to VP or similar, you generally do get a pay raise, but just a functional title change, nope.

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Post ID: @dc+1kxcntzn6

It just means you have to do more of the wonderful on-line training.

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Post ID: @cb+1kxcntzn6

You notice it changed? Did they even discuss it with you before they changed it?

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Post ID: @bv+1kxcntzn6

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