Well great job Paul. RJ just announced another dividend increase and a new billion dollar stock buyback. Great for the shareholders and Paul but is anyone thinking about the 550 people RJ let go? I guess we should just crawl under a bed and die. What a great job Paul did in upending 550 employees and their families. Where is that great corporate culture of "taking care of their own"? Why doesn't RJ reach out and at least offer every employee let go a chance to come back (if the want)? I'm sure Paul is sleeping well these days. I know I'm not.
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People that keep saying RJ should reach out to those of us they let go are living in a fantasy world. It's been almost a year and a half. Most of the 550 have moved on to new positions or retired. I acknowledge those that are still having a difficult time, but if you continue to dwell on what happened you are depriving yourself of moving forward and finding a better life for yourself. You should accept the fact that RJ will NEVER reach out because that would mean that they recognize their mistake. I wish all of you the best.
I agree with "[Y]ou held onto your RJF shares."
The Employee Stock Purchase Plan (ESPP) is the biggest no-brainer benefit at RJF: Buy stock at 15% off, hold it for two years. Then {sell it at retail and buy more back at 15% off} over and over and over again.
I earned over $100,000 from ESPP in my 12 years there.
With the stock buyback, assuming the market capitalization remains about the same, the individual stock will be worth more.
I hope you held onto your RJF shares.