Thread regarding Truist Bank layoffs

Merit Raises

What % merit raise did you get this year?

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| 28422 views | | 15 replies (last April 11, 2022) | Reply
Post ID: @OP+1fBAeuRS

15 replies (most recent on top)

5% with a 20% bump in October. Incentive 150% of target.

Anything less your boss probably hates you

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Post ID: @Blsi+1fBAeuRS

@cvmx+1fBAeuRS

Yet another reason for us peons to not give a chicken fried f*** about this company.

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Post ID: @cmah+1fBAeuRS

This was just posted on the Charlotte Business journal, Bill Roger's merit increase in 2021was 19%. They're robbing everyone.

https://www.bizjournals.com/charlotte/news/2022/03/17/truist-financial-ceo-executive-compensation-2021.html

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Post ID: @cvmx+1fBAeuRS
  1. 875
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Post ID: @bevy+1fBAeuRS

Merit increases have always been a joke, each department is given a merit pool of X amount of dollars. Once you submit what you think your high performers should get, your manager then slashes your recommendation to a stupid amount with no reasoning.

Get out when you can!

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Post ID: @3gbd+1fBAeuRS

What an embarrassing shame. Can’t Kelly spare a dime?

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Post ID: @3upw+1fBAeuRS

Ask Case and Meyer…sure they did fine

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Post ID: @2uvh+1fBAeuRS

3% in Enterprise Technology too.
0% in 2021 with 'meaningful impact' rating.
2% in 2020.
Put in my two weeks today and getting a 25% bump in salary somewhere else. No more MOE "dress rehearsal" calls for me.

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Post ID: @2huq+1fBAeuRS

@qex+1fBAeuRS - " sleepy joe inflated the economy at 7%"..... if you think this is how economies work, you may want to stay in retail banking for your current and future career choices.

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Post ID: @2egr+1fBAeuRS

Go elsewhere. You’ll get paid more than
That lousy raise. Know your worth.

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Post ID: @1rjs+1fBAeuRS

I received 3.5% was distinctive, bbt was always exceeds. I might have gotten more because all of my peers quit before merit idk I was upset and most likely will leave bc of the 3.5% it's not fair when sleepy joe inflated the economy at 7% and I was a top performer. received annual bonus as well which never received one before while bbt but peers in same role who performed same were not given one, I am not sure why they were unfair this year big time between people. maybe they want us to haggle over these with each other while the big wigs rob the shareholders blind while they tank the bank with poor leadership

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Post ID: @qex+1fBAeuRS

Finance/risk and was told same, that 3% was highest possible %

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Post ID: @ulk+1fBAeuRS

Hey 3% poster, what area are you in? Curious bc my mgmt tried to tell me no one in the bank was getting more ( which of course I know is B's)

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Post ID: @lya+1fBAeuRS

3%

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Post ID: @nko+1fBAeuRS
  1. 5%
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Post ID: @zmk+1fBAeuRS

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