Thread regarding Truist Bank layoffs

Salary Compression

Any updates on how adjustments are being made for salary compression due to the upcoming $22/hr minimum wage? Seems kinda quiet from management.

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| 43661 views | | 4 replies (last September 14, 2022) | Reply
Post ID: @OP+1iAR3UaI

4 replies (most recent on top)

Our dept was notified if you’re already making over $22/hr you will get 5% raise eff 10/1

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Post ID: @8elh+1iAR3UaI

They just posted new salary ranges effective 10/1/22, but only grades 109 and below were updated.

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Post ID: @2gpw+1iAR3UaI

Ha! They aren’t going to update job grades. It’ll be the bare minimum

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Post ID: @1rrm+1iAR3UaI

seems odd that the new job grade and salary structure hasn't been shared yet.

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Post ID: @1bco+1iAR3UaI

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