Thread regarding Truist Bank layoffs

Merit "Increases"

Looks like the vast majority of folks are getting a paltry 2% merit increase this year regardless of actual performance. Coupled with the 2% 401k CUT, we all worked last year for a net 0% effect on our salary.

Oh, but I'd wager my life savings that our executives will all get 20% raises yet again.

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| 15961 views | | 3 replies (last March 6, 2024) | Reply
Post ID: @OP+1ros3XG8

3 replies (most recent on top)

You mean you guys are getting paid?!?

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Post ID: @1tjf+1ros3XG8

Unless you didn’t receive any merit pay. -2%

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Post ID: @1jez+1ros3XG8

It will all be laid out in the proxy statement filed with the SEC in the next month or so.

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Post ID: @bcn+1ros3XG8

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