BM: We had a best quarter and best year!
WTF..worst pay hike, bonus and RSU’s ever. Where the money going?
13 replies (most recent on top)
@OP I got ZERO Bonus and ZERO Raise. Been here 25 years and NEVER a poor review. I did hear the rumors of layoffs back in Oct and asked my boss to add me to the list cause I might retire in a year or so...GOT TOALTTLY SC--WED!!
Don't worry. BOA is going to make up for the putrid compensation by promoting those stupid, fake trummp scam accounts where they get money from the Federal government to do what they want with and hand it over to Wallstreet to benefit themselves and give you peanuts in 18 years if anything is left.
Management and shareholders need to harvest what they can before the world goes completely to pot.
@be Jeetected
Money is going to your boss who used your work results to score many points with decision makers while ensuring you stay isolated and invisible in a basement...
It’s called Say on Pay, only for the top guy
Definitely not into these antiquated systems and manual processes. Smh
The money is going to these empty suit Boston mutherfockas that run this shlithole company.
Why less pay increase, bonus, RSU's compared the prior years considering..
Bank of America's efficiency ratio has shown steady improvement over the 5-year period, declining from the mid-to-high 60% range in 2021–2022 toward the low 60s by 2025. This demonstrates effective expense discipline and operating leverage, particularly as revenue grew significantly in recent years (driven by net interest income expansion and non interest income recovery). The 2025 results highlight continued progress, with the ratio dropping notably year-over-year.
As long as the expense ratio sits above 60%, rank-and-file will never see meaningful comp increase. Two ways to reduce expense ratio…pay people less and pay less people.
Expenses growing slower than revenue equals increase in net profit yet we get less !
it's all about the expense ratio, not earnings
Where do you think?