Thread regarding U.S. Bank layoffs

"No money in the budget for a raise"

Is this the usual excuse here?


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Post ID: @OP+1m6h7hsfy

6 replies (most recent on top)

@b1 right, like how do we get to $1T by reducing the workforce? The bank would need double the workers (yes even with AI) to get there.

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Post ID: @mr+1m6h7hsfy

@b1 Trickle Down Economics! Brought to you by the Republicans and Ronald Reagan. The sh---y strategy that started the downfall of the middle class.

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Post ID: @bp+1m6h7hsfy

Always remember your bonus and raise numbers when you look at profits, Gunjan’s salary/bonus, and the climb to a trillion that she desperately wants. It’s gonna trickle down, right???? Right?????????

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Post ID: @b1+1m6h7hsfy

I was told no more raise for me because I am at mid point for my grade

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Post ID: @a9+1m6h7hsfy

I was told my raise last year was probably the last I'd see until I move to a new role. It got me close to the mid point. If you're at mid, you can kiss raises goodbye. If you're over mid you're probably getting laid off.

We don't actually pay for performance. We pay and then RIF when you're too expensive regardless of your value.

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Post ID: @a5+1m6h7hsfy

Probably. I was told my salary was more than the group median, so my raise was only 1% which had to be fought for. As a result, I no longer over deliver anything. I move at my own pace and no longer stress about this place

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Post ID: @a1+1m6h7hsfy

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