@m2 Well said
14 replies (most recent on top)
@c5 true medical insurance for retirees was stopped 15-20 years ago. On 12-31/2025 Truist cut off the dental and vision insurance offering. We retirees still had to pay for dental and vision at the same rate as a FTE does. Ie Truist did not pay for any insurance for us. Never did, not even the legacy banks.
A couple thoughts
- Truist su-ks. Not much more to it than that. I think leadership realizes the merger dug a deep hole
- Time to move past the heritage bank issues. I was from one bank, but had people I really respected from both that I worked with. Also a few I didn’t respect at all from both (BR and DW at the top of the list)
- Even if it is he-l, you aren’t volunteering. You are getting paid.
- I recently joined a competitor, and it is so much better. If you get the chance, do it. I have realistic goals, people are helpful and while it’s not perfect, we actually seem to know how to operate as a bank
Bill is a platitude king - just because the bank is underperforming, it’s not because the teammates don’t have a purpose. You don’t have a working strategy. Own it
@c4 - It’s not just older folks who think this way. Some of us have been here — in the same role — for a lot of years. The pay is decent, the benefits are good, and I’ve gotten comfortable with the way things are. I’m not really motivated to go after the next opportunity at Truist when it’s basically a lateral move. Until something changes, I’ll keep doing my job.
If I get laid off, the severance would be decent. And if I were ever fired, I’m in a protected class and have documented issues involving management, so I’d likely have a basis to pursue a legal claim and potentially secure a reasonable settlement.
@c4 Dignity >
@c5 - they did do away with pre-65 retiree coverage, but honestly, it was more expensive than just using the marketplace. I stopped using it after the first year of retirement.
@br Dignity >
@aa If you have been anywhere for a long time and are older, there is a lot of age discrimination out there. By staying, you might get a large severance. By leaving, you could have a harder time finding a job, or get one and be laid off with little severance if you were just hired. Not a good position to be in as an older worker.
@c4 Did you see where they discontinued medical coverage in retirement on December 31st of last year? I can retire in 6, but it would be wiser to work a few more years.
@br I stay for the benefits and pension. We older folks see things differently. Do I like Truist's toxic culture? Nope. But I just su-k it up, put headphones on and keep my head down and try not to look anyone in the eye. I don't offer opinions that will be dismissed and silently count down the days to retirement. At my age, I'm happy to sit back and let the up-and-comers back-stab eachother for AVP :-)
The annual merit increases confirm it is. You could move heaven and earth and they would say it was a good year and then bend you over and act like they aren't liars.
@aa Because we are close to retirement and are staying under the radar until that time comes.
Yes it is. Some do not want to explain why they only stayed a few months so stick around long enough to find a better opportunity and get a promotion.
I went to another bank last year and often wonder why my former teammates stay at Truist. ...not that there's many of them left. ~75% of my old team left ...but like why on earth are the remaining 25% even still there.