Many wonder why some people decide to stay here. Ironically that includes even those who took a long time to leave here themselves. So let's start in order, why people decide to stay, and it's not just a Stockholm syndrome:
Can we discuss the $22/hr increase and the unfairness of that? I have been here for 5 years and got the bare minimum...while somebody that I AM TRAINING was hired in August at $22/hr (I'm guessing to get ahead of the increase) only to get the additional 5% increase and now they are making more than i am and has been here for 2.5 months!! It makes it REALLY HARD to be a teammate in a "team lead/training" role and making less than those I am training!!!!
I'm 8 years from retirement. Its so stressful at work, wondering everyday if my glass ball will drop. The workload is suffocating, and the young people complain about working in the office but all they do is play on their phones.
I do disagree with the comment about the teller raise.
First, tellers earn every bit of that $22 and then some. Dealing with the public SUCKS! Most essential workers at Truist had to work in the office during the pandemic and made less than $22.
It definitely was a SunTrust takeover in Mortgage. Buck passing show ponies. Quick to point fingers when things are bad and take credit for other peoples work.
I'm decades away from retirement (if ever) but severance might be my best chance at getting out of debt.
Pension does not impact your SS benefits unless you have a pension from a governmental or similar entity that did not withhold FICA.
Since the unanimous vote is Pension, then I suspect management will see fit to exit out of it. The pension is not COLA’d so in Biden’s economy, it will be worth a 3rd of what you think it is today.
Of course! Depending on your age and length of service the pension is a big benefit! However, the pension will reduce you social security benefits. I took VSRP as a hht SunTrust employee. Interesting point. My calculated benefit under ST was $537 a month, on an annuity of course. I elected the cash roll over. Oh, and then what popped up was $588 a month until 67 for my 2-3 years service under the pension! Thank you very much as it pays for my health insurance!
For me, pension and I feel as if I won't be able to find a role externally that'll pay what I'm paid now.
100% Pension.
"The People Who Stay" - Sounds like a good title for a horror movie. Or a visit from my in-laws!
"I'm nearly vested in my pension and my work is easy. Why not collect my paychek"
Sounds like we have a slacker over here, boys! Identify this person....and promote them to Executive Management!
Personally, I found Dontae to be a decent guy. But, like Clarke Starnes, he is nothing more than window dressing - a prop to hold up the joke MOE narrative. Bill and Beau 100% run the place and are a whole different story. To say they hold their employees in contempt gives the impression they think about their employees - they don’t.
They literally couldn’t care less about us - I have seen enough to say with absolute confidence we are a zero to them. I don’t say this from a naive perspective or from reflecting on the “good ol’ days” - I have worked at two other large banks - larger than Truist. The ONLY reason to stay at Truist is for financial purposes - the executive team at Truist is like this caricature of 1990’s “fire the little people and laugh about it mentality’. Use them for everything you can get, then get out. THAT is what they deserve.
I'm nearly vested in my pension and my work is easy. Why not collect my paychek
Get out. Dontae and the rest if the Exec Team don’t care. They hold you in contempt. Frankly they see employees as an annoyance