Thread regarding Bank of America layoffs

Premium Pay for work Christmas week

Did anyone else receive premium pay for working every day last week?

It was brought to my attention by a teammate that he received premium pay for last week. He asked whether I had received it as well and if I knew what premium pay was. I told him I wasn’t familiar with it, but I was happy to help him understand how it would be calculated in his weekly pay. After looking into it together, we learned that premium pay is double his hourly rate.

He then reached out to our manager to confirm, and she told him that she decided to give him premium pay for all of his hard work and asked him to keep it discreet.

Both my teammate and I hold the same position as Transaction Analysts. Our team was short-staffed last week, and myself along with four other team members worked extremely hard and also worked every day that week—yet none of us received premium pay.

I’m genuinely confused as to why premium pay would be given to only one person and not extended to others who performed the same work under the same conditions. I am a strong performer and consistently praised in meetings for my ability to efficiently clear accounts (providing context, not bragging). Despite this, I am paid at the minimum wage level while also taking on responsibilities typically handled by managers, while others on the team earn more.

This situation feels very discouraging and honestly may be my breaking point. I’m struggling to understand why premium pay would be selectively given rather than applied fairly across the team. I would appreciate any insight or perspective on this. Thank you in advance.


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| 1286 views | | 10 replies (last December 31) | Reply
Post ID: @OP+1kdp0anxa

10 replies (most recent on top)

@d6 no African American

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Post ID: @fm+1kdp0anxa

@bv you’re my kind of people !

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Post ID: @e3+1kdp0anxa

@dx thank you , I appreciate the advice

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Post ID: @e2+1kdp0anxa

@dx Thank you for the advice. Decided to move to India

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Post ID: @dy+1kdp0anxa

If you want a decent living wage, ample holidays and better treatment at BOA, move to a site in the UK, Europe or Asia. If you work in the US you get the basics.

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Post ID: @dx+1kdp0anxa

Are they both from a certain South Asian country? That could explain why.

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Post ID: @d6+1kdp0anxa

@bv Damn I can tell you have lots of friends…

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Post ID: @d5+1kdp0anxa

If you're serious about not sitting back and allowing unfair treatment, having a backbone and standing up for yourself and for what is RIGHT, then email your resignation letter to not only just your boss, but also cc: HR, the entire board of directors, and everyone in the company (or at least everyone at your location) with your real reason for leaving, including specifics of circumstances, dates, and names, when outing them for their preferrential cherry-picking premium pay allocation.

Put 'em both on blast, then peace TF out!
What are they going to do, fire you?
LOL

P.S. He's probably been giving her a daily dose of "vitamin D" if you know what I mean. Either that, or she owes him or someone he's close with, a favor.

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Post ID: @bv+1kdp0anxa

@az this is exactly what is wrong with the leadership at this company. I choose to not sit back and allow unfair treatment. I’d rather have a backbone and stand up for myself and for what is RIGHT! I’ll be turning in my resignation letter. I suggest you grow a pair. Choose better for yourself and better for will choose you .

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Post ID: @bb+1kdp0anxa

@OP I am assuming you are a young associate. I suggest you work on networking within and external Bank and move forward. Keep on working to move forward in your career. You will always run into managers who favor others while you believe your work also warranted it. That is life! Network and continue to grow and movie your career forward

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Post ID: @az+1kdp0anxa

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