Thread regarding Edward Jones layoffs

2027 "merit increases"

Laid eyes on the merit increase matrix for 2027, and it's as pathetic as the firm's leadership. Since we're all now meeting expectations because it's impossible to exceed (guess they're saving those ratings for EJ India), increases for meets will range from 0.9% (over 110% of midpoint) to 4% (under 90% of midpoint).

So yay... I'm just barely over midpoint (by $567), so I will get an amazing 2.1% raise for 2027.

But ELT will continue taking home their 8-figure payouts and not caring in the least about the people actually doing the work. I've said for a while now that my loyalty to EDJ is gone but that I wasn't actively looking to move. And stupid me decided to go ahead and buy in to the LP offering.

So either I'm stuck until the LP loan is paid off (18months +/-) or I have to find a way to pay that off so they can liquidate my LP and go to a competitor since it seems every other firm's pay & benefits are better than this dumpster fire.


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| 29 views | | 5 replies (last 8 hours ago) | Reply
Post ID: @OP+1m73rx365

5 replies (most recent on top)

@eh unfortunately, the low merit raises to not even come close to the cumulative cost of living of 30% + over the last 6 years and increase of close to 50% in healthcare premiums and costs.

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Post ID: @hj+1m73rx365

@OP you can leave at any time- LP loan doesn't have to be paid off. The will cash it out, pay off the loan, and send you the rest.

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Post ID: @fp+1m73rx365

@OP are you new to leadership? This has been the standard grading for meets for years.

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Post ID: @eh+1m73rx365

@an rage more ELT flunkie. Sorry your boxed wine and bottle of pills aren't keeping you happy anymore after you have failed at every single thing you have done. Don't worry though, 90% of the company hates you guys and mocks everything you clowns spew at the townhalls. Imagine thinking you've "made it" in life because all you care about is making money by lying and breaking everything you touch? It's cool though, deep down you are still the same low self esteem dork you were in high school. You have no true friends in life and even your own family can't stand to be around your toxic personality.

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Post ID: @d0+1m73rx365

Boohoo! Leave and maybe grow up

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Post ID: @an+1m73rx365

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