Thread regarding Truist Bank layoffs

AIP Corporate is at 107%

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| 85431 views | | 9 replies (last February 23, 2025) | Reply
Post ID: @OP+1jm31hrfd

9 replies (most recent on top)

Get ready for what they call "holdbacks" at the top of the house. They will shave off anywhere from 1-10% of the AIP rewards from every single AIP eligible teammate so they can redirect the money to top performers. Those top performers happen to mostly be 1-2 levels below the executive. They have been doing this for years and use the excuse of it being difficult to track in Workday as a reason to not be accountable for where the money is being redirected. They won't communicate this practice in a transparent way with teammates, because they know it is unethical and don't care about what the lower level AIP eligible teammates think.

Each year it seems like they hope teammates won't realize what is going on. They probably feel even more confident in doing this now that corporate oversight will lessen. There were 1-2 executives who would occasionally express they didn't like the practice, maybe just to lessen their guilt, but I never saw an executive take a real stand against it or it would be ended by now. When AIP funds over 100% the practice is easier to hide and seems more justifiable with executives.

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Post ID: @1hm+1jm31hrfd

So glad to hear! Bill and his cronies will get millions while we get hundreds, hooray!

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Post ID: @19c+1jm31hrfd

will we get more purpose points, i really want a truist koozie

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Post ID: @rf+1jm31hrfd

So glad I made AVP, I will bring in hundreds of dollars in bonus

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Post ID: @pj+1jm31hrfd

Just cashed out a MONSTROUS bonus
Perks of that AVP Life!!!!!

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Post ID: @pc+1jm31hrfd

You should find another employer you will be in a better place

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Post ID: @d7+1jm31hrfd

Meh the individual/BU funding being 3/4 of the pie allows them to obfuscafe and hide all the money they want to ensure the manager's "special friends" are properly rewarded. Nothing has changed, nothing will change.

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Post ID: @af+1jm31hrfd

So????
What’s AVP up to?
THAT’S the real question!

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Post ID: @a6+1jm31hrfd

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