Bank of America: $30.5 BILLION in 2025 profit.
CEO compensation: $41 MILLION.
Yet the same operations job can be posted at $63K–$124K.. a $61,000 spread for one title.
Nobody expects executive pay and employee pay to be equal.
But when the company is making billions and the people doing the day-to-day work can be valued nearly 2x differently for the same role, that’s worth talking about.
At what point does a “pay range” just become ridiculous?
@b4 I have B6s making more than me and some almost $40k more than their peers.
A-s-backwards is what it is.
I left almost a year ago for an opportunity at Chase. After 8 years at the bank, 4 as a B5 “AVP”, my base was 82k. . Meets/Exceed every review.
Pay for performance is a joke here.
But to your point, I’m curious if people on the same team realize their peers may out earn them by 50k, especially if they were an external hire.
I never begrudged any CEO their pay until Brian. I understand that CEO responsibility is a lot. But he has been dumping on us for years. The continuing lack of raises and shrinking bonuses has worn my tolerance of executive pay.
Brian, you let inflation and selfishness eat away at employees who worked hard for the company. You abandoned them.
i feel like he is just lucky, I dont think its justified. he one lucky guy.