#benefits

Posts mentioning hashtag #benefits

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ERP

Anyone qualify for ERP but did not get the opportunity because your role is too “critical”? Want to talk as backfills are taking place for those that were offered ERP and accepted because THEIR roles are deemed critical.


Teammate Growth Month

Not sure what grows around here.....Senior level roles seem to always be filled with outside hires, promotional opportunities are slim to none. Pay certainly does not grow to keep teammates even with inflation. Benefits shrink like a cheap t-shirt (e.g., 401K match reduction). We are Truist and we are unstoppable, good grief.


Employee survey

In my department, the participation rate is given more importance then the actual results. I'm sick of being harassed to take the survey. When the results are poor, the additional work to bring them up is incumbent on employees, not management. Our employee benefits continue to decline YOY. The only way to protest is to NOT take the survey.


Terminated as a result of Retaliation

I was displaced, filed an ER grievance, and was then ultimately terminated after my Notice Period ended in a clear case of retaliation. While I'm pursuing legal action, trying to ascertain if the bank can now cut off my severance, benefits, damage my employment record etc. I'll know soon enough and will address accordingly, just curious if anyone has a definitive answer.


AT&T retiree wireless discount

Employee Discount Program 877-377-9010

Found this number and talked to a very nice lady. They handle all discount information for all services.

  1. Discount will start automatically November 1st for all qualified wireless retiree plans.
  2. Qualified plans are the newer ones. Called in a few months ago complaining about my bill. Found out I was on a old grandfathered plan. Switched to a newer comparable plan and actually saved money.
  3. If you are retired you might call in and find out what plan you are currently on and find out which newer comparable plan is available so that you can get the additional discount.

Good hands just for stock holders

The company appears to be in a state of decline, with leadership frequently chasing the latest industry trends. Every few months, there’s a shift in direction and new sets of goals, often driven more by buzzwords than by long term strategy. It can be frustrating and sometimes even amusing to watch leadership make decisions based on vendor pitches, despite lacking hands-on experience themselves.

Strategic direction often changes based on which vendor a VP has a relationship with. Microsoft is currently the favored trend, but just a few months ago, it was all about "prompting." These cycles repeat, creating instability.

Benefits are decent, but be cautious getting sick can be expensive. PTO is generous, and pay can be competitive depending on your role and negotiation. However, layoffs happen regularly, roughly every six months, with many roles increasingly offshored to Allstate India, which probably accounts for over 50% of the IT staff.

The company is heavily focused on “cloud” and “AI” at the moment. Overall, I’d rate it an average workplace, it’s a place where you do your job, keep your head down, and hope to stay employed. Tenure doesn’t offer much protection. If your views don’t align with the ever changing corporate vision, you may find yourself out.

If you’re hired, my advice is: agree with leadership, reinforce their ideas, and avoid pushing back, your opinion won’t carry much weight. On the positive side, there are solid opportunities to improve your skills through a strong internal training ecosystem.


AT&T retiree wireless discount

Got some documentation saying the discount will go from 30% to 50%. Took forever to find someone who even knew what I was talking about. Lady said that according to what she could find, and if she understood it correctly, the discount would take a couple of billing cycles to flow through. Assuming we might see it on the billing on the December bill if true.


ESPP

I heard that this is being cut in terms of the discounted rate. Is going to be 5% with some other shenanigans… also heard that PTO can’t be carried over going into 2026… anyone heard the same?


Pay attention to the benefit survey

People will be getting a benefit survey, they will ask whether you want this or that. They are testing the waters to see how they can cut benefits and say “we listened to the survey and this is what you wanted.”

It wont shock me that they get rid of the pension all together


Health Insurance unusable deductible

For lower pay Mattel employees, we can't afford to get medical treatment with a $3000 dollar deductible. Let all the fat cats pay! You know the ones with a high school diploma, making 80k or more! Which is almost everyone in some departments. Unusable insurance. Can't have surgery done!


COBRA Cost - US ??

With existing medical condition, I am trying to figure out the cost of COBRA. I currently have United PPO + Dental + Vision insurance. Any pointers on how much will be my contribution going forward ? I took no break & started applying left,right & center. No interview calls from any potential employers.

Regards


Risk Roles Experience in Charlotte, NC

I know its not a layoff post but I'm genuinely curious anyone here work in the Charlotte area for a corporate function? Looking at risk roles and understand the 5 day office thing but also hear no seats and new hub is coming in 2026. Is Charlotte actually a hub? Not trying to onboard and then get told to move to ATL or Dallas. What's the day to day experience working at T? Can anyone explain a Principal title in terms of where in the org that sits? How's bonus, benefits, time off etc.?


Inflation, Stagnant Wages, and Rising Insurance Costs

Over the past two years, soaring inflation has eroded household budgets while Bank of America held salary increases well below cost of living gains, leaving real wages stagnant as unemployment ticks up to its highest level in over two years; at the same time, health insurance costs are climbing, premiums are set to rise around 6 percent next year and average deductibles are increasing further squeezing workers’ finances.

What comprehensive measures can individuals take? Do you suggest any tactics to deal with this?


Home Solutions/Centerwell

The entire Home Solutions area was robbed. We were moved to the “one home “ division and under their benefits. We lost 8 PTO days, Juneteenth holiday, and Black Friday holiday. We also lost VTO day making that 11 paid time off days today we lost. Our 401k will move to Centerwell with a match of only 3% so we lost 4.5% match. We lost half of our secure save so $260 a year lost. Our personify is now a lottery with a chance to win money so we basically lost that $500 . We have a 50% decrease of our life insurance. We have increased premiums for higher deductible plans. We did not agree to move out of the Traditional Humana benefits. We were forced and told they would give us a lump sum and an increase of hourly wages. That lump sum and minimal wage increase do not add up to all the losses. We want our traditional benefits back!!!


Annual Benefits Enrollment

Since it seems to be that time already. which plan carrier do you guys have and or are you switching or keeping your current.

Dental Premiums are also going up so I'm interested to see what that will be. I have the PPO since I'd rather pull my own teeth than step foot in a dental dental again


Still waiting on benefits email....

While waiting decided to dig a bit. Discovered pharmacy is considered critical. Humana is giving pharmacists and pharmacy techs base salary increases and lump sum payments to "offset the difference between the 2025 and 2026 total rewards benefits package". This does not bode well for the non-critical part of business. Not sure why they don't just shutter those non-critical areas and be done with it.


401(k) match criteria

I had saved this off and thought I'd post it for anyone looking for info about the 401(k) match. The second bullet point has the details for those 60 and up.

Change to Eligibility for Company Matching Contribution Effective January 1, 2023, to be eligible to receive a Company Matching Contribution you must contribute to the Plan and meet one of the following criteria:

• You are an active employee on the last day of the applicable Plan year (an active employee for this purpose is defined as an employee who is currently employed or on approved leave of absence, excluding long-term disability), or

• You terminate employment during the applicable Plan year and, as of your employment termination date, you have attained the age of 60 with the sum of your age and vesting service (in both instances, full and partial years) at least equal to 65, or

• Your employment is terminated without cause on or after October 1 of the applicable Plan year and you are entitled to receive severance benefits pursuant to The Bank of New York Mellon Corporation Supplemental Unemployment Benefit Plan ("SUB plan") or under such other severance agreement or policy governing the termination of employment from BNY Mellon, or

• You are approved for long-term disability benefits during the applicable Plan year under a program maintained by the Company, or

• You die during the applicable Plan year and are an active employee at the time of death.