Pretty safe assumption I think that bonuses will be down 20%+ on average? Mine has been down annually the last few years anyway rates exceeds/exceeds…now they actually have a legitimate excuse with the fine and stock price imploding again
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@v3 and it should come out of Brian's bonus, but it won't... good year bad year the average person gets the shaft
Bo-nus? I’m not even getting a Bo-biscuit
The LOB that caused the financial penalty (1.2B) should fund the raises and bonuses.
“Do the bare minimum work and f#*k this bull$hit company” PERIOD
Yes, at least 20% overall, but think they are trying to save money by pushing people into the new partially meets category and then out the door. Think that is part of why comp decisioning (at least in my area) is moved from Nov to Dec again this year. My guess is that 'differentiation' will be even worse this year as they try to retain exceeds performers by not cutting their variable comp or increase too much and the rest will go backwards in total comp. Inflation, gas prices (impacting RTO) what is that? Sorry, can't hear you.
down 20%??
honey, we had years with -50% (front line) and -40% (staff/operations).
it's not a Guarantee. That's why it's called a Bonus.
So, when the top of the house sc--ws up, it's at their discretion to zero us out.
Focus on the Salary, not the bonus.
Bonus = Bupkus
This year, they have an Easy Out to Not Pay Us.
Once our group included the fiance of a big shot's daughter, and our manager was the big shot's good buddy and tennis partner. All three had expensive taste in cars. I got a bonus several times the size of any before or after that year. I suspect all the peons' bonuses were inflated so the huge one given to fiance wouldn't stand out so much.
You guys are getting bonuses?
Down when the Bank posts record profits, down when a Bank gets hit with a financial penalty. Seem like there is a common theme there.
But you know BM and his club will get plenty as always
@OP Those aren’t “legitimate excuses” but they certainly are excuses.
Definitely will be down. The writing is on the wall after the fine.
Wait the Bank gives out bonuses? Since when? I just get crumbs.