Does that mean the company is getting back on track
8 replies (most recent on top)
I got 100%
I think Ally will be fine in the long run. They have a good core business with Auto. There are still some unprofitable/limited growth LOBs that they might shed (maybe invest?) as they get down to their core business. Also with the recent layoffs there could be some senior level reshuffling.
Auto business ????? Have you seen the new car dealer lots lately, they have 2023 models still sitting and overflowing with no space to park. GOOD LUCK.
I think getting 100% of the target is rare this time, and same nominal hikes.
I think they already set low expectations with layoffs so people felt good for getting something vs nothing. But it's not the same as previous years.
I think the questioner meant percentage of target for the one person who posted 11%. That would su-k if you are a 2C or 2D, so without context it doesn't say much. So, if your target was 20%, then 11% would represent 55% of your target.
11%
I think Ally will be fine in the long run. They have a good core business with Auto. There are still some unprofitable/limited growth LOBs that they might shed (maybe invest?) as they get down to their core business. Also with the recent layoffs there could be some senior level reshuffling.
Ally tended to be good for bonuses when I was there. They were practically certain. I also tend to think getting back to core business will help Ally. There are still a lot of BOA people that should have never been hired there, but hopefully Ally will continue to heal itself.
really? What'd you get? (Percentage-wise)