Just heard bonuses in Chris Noe’s organization will be cr-p in March. Hard to stay motivated with all the expense cutting (401k match from 6% to 4%) and paltry bonuses for 2023. I’m sure all the executives will get huge bonuses. Sometimes I wish I didn’t work for this bank. They treat their teammates like cr-p!
8 replies (most recent on top)
We already know target raises will be 2% and the corporate side of bonuses will be 70%. RSUs will be fully funded.
@2oaw+1qTAQWKi - If only…… I’m telling you to brace yourselves. Bonuses will be terrible in March!
Chris Noe got a promotional opportunity to come to Truist. That’s exactly why he left WF!
@1bwp+1qTAQWKi so why did Noe come to SunTruist from WF after many years. His tenure there goes back to Wachovia. If they pay so well why leave that sh**show to come to this one?
If you work in digital as a Product Manager or Product Owner, other banks pay more. You’re better off going to a bank like BoA or WF and getting a higher salary. Bonuses are discretionary. WF pays a 6% 401k match. Not sure about BoA.
It’s because we “care”
But what about the AVPs? We still get the big payouts, right?
"Sometimes I wish I didn’t work for this bank."
Well, there's an easy fix for that! Take control of your life and move on. Things aren't going to change at Truist.