Some of the senior people are doing the bare minimum but pulling big salaries. If they started trimming from higher above, I wouldn't complain.
11 replies (most recent on top)
@am no, don’t forget bonuses because after bonuses their take home ranges between $750k-$1.2M. Yes there’s no equity, but that’s a lot of motivation to accomplish scorecards at any cost.
@ev “experienced professionals” or failouts from real banks su-king our bank dry and crashing us like that submersible. Monkeys could do better. My nana could do better than these loser “experienced professionals”.
@am good, what value are these clowns providing anyway? Everyone above ED has been a pretty useless sack of sh-t in my experience.
@ek funny you said we had a strategy. If there is one, it's disconnected from what every siloed group is doing. Everything done here is a bandaid and no longer term thought. SVPs want quick and dirty analysis for 5 year horizons. But indepth for a 5 minute data pull. We are led by failures, and it starts with the last two self-absorbed CEOs. They care about money and not you. I got su-kered 2 years ago to join from a Fortune 50 company and can tell you with great confidence, this is not how you run a company.
I guess OP is putting down anyone above OP's pay grade. This post sounds like an entry level employee complaining about experienced professionals.
@d4+1jzwwbeb1
The conversation is regarding seniors, not just EMG. This post about seniors is pitiful.
So many leaders and not enough people to do the work. We get pulled in so many directions with the number of leaders driving strategy. No one can pick a plan and execute.
It’s not hard to figure out the salary range for EMG. I was a director making $175k, so I know my ED had to be making at least $50-60k more than me.
I left USAA early last year for Capital One, same job title and duties, but a larger salary and sign on bonus.
Also, USAA won’t cut from the top, it’ll always be the worker bees who will get the shhh end of the stick.
It would be great if they would let go Phil!
to be fair, SVPs in ERC making base salary around 300k is suboptimal. Forget the bonuses, their equity in the company is too little for them to stay. Unless we increase the executive compensation, just like how Meta has been pouching OpenAI engineers, USAA will lost most of current senior executives.
Wow, you need to stop watching others and concentrate on your own career. How pathetic that you are targeting "senior" people as doing minimal work. How do you know these people's salaries? Do you have the official comparison data that defines and proves your claim? This post comes across as you having to much idle time on your hands. Mind your own business and act like the professional you are supppsed to be!