Topics regarding layoffs at Truist Bank

Topics regarding layoffs at Truist Bank

Total Reward Statement lies lies lies

This total rewards statement is a lie. Truist did not pay out more for medical insurance than the COBRA rate for my health insurance. Stop lying!!!

Management

Does anyone think there is bully culture at Truist? All the managers “strategically put in place” by their bosses during merger because of relationships and not so much for outstanding contributions. Now these so called managers think they are so... — read more 

So cheap

On anyone but senior management

Tax Cuts for Bill

Great news congress is passing huge tax cut bill for the rich. About time Medicaid and food stamps get gutted. Some people should be detained in zoos. They act like animals and should be treated as such

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| 95640 views | | 9 replies (last March 3, 2025)
Post ID: @OP+1jn1m70br

Incentive

I work in a branch today we found out the incentive we would be getting for 4th quarter will be another two weeks. I've been here almost 10 years and this is the first time it's happened. I bet the executives got their bonuses on time. My coworkers... — read more 

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| 93820 views | | 4 replies (last February 27, 2025)
Post ID: @OP+1jmyz8say

Efficiency

This bank would save tons of money if teammates were given proper access and classification. Also, if our systems actually “talked” to each other. It’s so stressful and time-consuming to manually track inputs just to ensure system accuracy across so... — read more 

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| 91760 views | | 4 replies (last February 25, 2025)
Post ID: @OP+1jmyvb1yz

Discretionary 1% 401k match

Shame on all you haters hating Truist. Additional 1% 401k match to be paid 2/28, bringing total match to 5% for 2024. Truist is getting better and better for teammates!

CT&O Reorg

Any word on when the new Chief Technology Officer is going to reorg and begin the RIF's of his inflated teams?

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| 88410 views | | 6 replies (last February 21, 2025)
Post ID: @OP+1jmfnttzm

Appreciation

I know many of you don't hear it from the managers and leaders, I want to say to those still here and those who aren't, I appreciate you. I wasn't particularly noticed but I noticed you all doing good, hard work and it made me proud to be among you. — read more 

Branch Staffing

Why does Truist think we’re digital ready to start staffing branches with 4 or less people? We merged two banks together closed many branches and merged many into one only to start eliminating staff. Do they not think of vacations and sick time... — read more 

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| 84300 views | | 8 replies (last March 6, 2025)
Post ID: @OP+1jma0z46v

Health Insurance?

Hello! I'm evaluating an offer from Truist, and I'm curious whether health insurance policies have a waiting period or if all benefits kick in immediately. I'm particularly concerned about occupational therapy and fertility benefits that may... — read more 

DOGE

It’s shocking to see what is going on with the federal government What about Truist? Do we have any wasteful or corrupt spending that needs to be exposed?

Premier Losers

The head of Premier Banking called all Premier Bankers not going to Orlando losers as he signed of the Premier All Hands call on Friday. Is this how they inspire and build better communities? And, don’t forget his overt favoritism.

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| 85700 views | | 8 replies (last February 21, 2025)
Post ID: @OP+1jksd6pms

Mayo calls to not pay exec bonuses

In something that should be common sense Mayo said (See American Banker) “frequency of these double bonuses seem unprecedented” “investors have the options to vote their views… this can reject the status quo at the underperformers”

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| 84031 views | | 4 replies (last February 13, 2025)
Post ID: @OP+1jkqz32rs

What a year

Hard to believe it’s been almost a year since Project Star. What was supposed to save the bank money resulted in paying retentions for people to stay and much higher dollar eternally hires and we’re still not better off.

Audit Promotions

Does anyone know how promotions work in audit? My people manager does not do one on ones and she is beyond checked out. Thanks.

TRUIST CULTURE

YOUR COMPANY CULTURE IS NOT WORDS ON YOUR WEBSITE OR POSTERS ON THE WALL. IT'S HOW YOUR PEOPLE FEEL ON A SUNDAY NIGHT.

Did anyone else see the cancelling black history month email?

Either on accident or purposefully, someone sent out an email chain between directors about cancelling black history month and how bad the optics would be if people figured out what they were doing Hilarious that someone leaked it, major props

Retail Goals Set for Q2-Q4

What reputable institution would go into a year nosediving with no vision for the teams they are entrusted to run. Yet again, another year with no direction for teammates. Front line management is likely to have goals and a plan by the 7th week in... — read more 

pension

Am I missing something? Truist is one of the few companies that offer a pension. This is free money for the rest of your life after you retire. Is this one of the reasons why employees stay rather than leave for a potential higher salary?

Reputation of Mediocrity

Truist has the reputation of having “mediocre employees”. Most employees are not career driven and stay in their same positions for 5-15 years and are ok with the meager 1-2% merit increase every year. Kind of sad. Other companies I’ve worked at... — read more 

Culture -- An example of what's lacking?

"Andy's such a special person," Hunt said. "Obviously, he's an incredible coach, but I think the thing that people don't really know about Andy is the relationships he has with all of his players [and] all of his coaching staff. If you talk to any of... — read more 

Wealth All Hands Call

we already one in January. 2nd today Brian stands at podium for a virtual call regurgitating nonsense clearly feeling pressure from EL made no new waves with future plan “growth” said 15 times leaders in wealth have never sold ... — read more 

Bill is Dan Snyder

Leadership is key within any organization whether it is a professional football team or the largest bank. The culture and accountability is set by leaders. Focus on culture and results happen, focus on results and culture suffers and hence bad or... — read more 

Retired and happy, but not with Truist!

As a former employee and happily retired, I must say IMO the bank has certainly gone downhill. The Help Desk and HR is beyond unfriendly and useless. I left BofA years ago and their HR team is delightful...what happened Truist? I can't recommend... — read more 

Chief Technology Risk Officer Is Gone

Dallas the Chief Technology Risk Officer has been shown the door. He lasted 18 months at Suntruist. Terrible hire by Clarke. Zero leadership. Zero vision. 100% bad behavior. Hope he takes most of the people he brought in with him. Was he part... — read more 

DEI Rationalization Effort

I feel compelled to share there is a “DEI Rationalization Effort” underway to assess pros/cons of nixing DEI to align with new federal guidelines. The project and details are shared on a business “need to know” basis. DEI won’t be around that much... — read more 

Sourcing

What is going on with these people? Everything takes forever, they all seem to be especially miserable and the steps to get anything done are horrendous. Who came up with this process and why is change impossible??

I made a mistake by staying

When health starts to go downhill, it’s already too late. I should’ve started looking for something else long before stress took its toll on me. This place always wants more, pushing everyone to the limit. It’d be eye-opening to see how many have... — read more 

Audit Leadership Conference

Who was happy Senior Audit Managers and above were sent to Charlotte this week and were in conferences all day?!?! Finally could get some work done. I hope they had fun at top golf last night.

Davos

Anyone have an update on how Bill’s new jet performed for the flight to Davos?

Pension

Who manages Truist's pension plan?

Truist to eliminate DEI

Hearing from credible sources in HR that Truist will align with the federal government’s hiring practices and equal employment (EEO) policies. Truist will eliminate all DEI based positions and business resource groups. KMW is poised to be laid off... — read more 

2025 Branch Banking Incentive Plan

Just found out on a conference call yesterday. Instead of your branch having to meet goal to get a quarterly bonus now your region has to meet goal. Which Truist knows will never happen. So now we will be lucky to get a raise or incentive.

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| 55910 views | | 1 reply (January 22, 2025)
Post ID: @OP+1jj6zc9fs

Bill being Bill

If you can’t dazzle them with science baffle them with BS: We see multiple paths and initiatives that, with proper execution, will result in improved performance, which we expect to show you in 2025," Rogers said. "I'm as optimistic as ever about... — read more 

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| 56360 views | | 11 replies (last January 23, 2025)
Post ID: @OP+1jj4gv20b

Resignation timing to get bonus?

If AIP discussions are scheduled by March 3, and payout is around March 10th, what day should a 2-week resignation letter be submitted in order to get the full bonus check without penalty?

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