At this point what is Truist doing to actually help its employees? In 2024 alone:
@bkf+1s6uXDPl Other 'similar banks' may be near flat on revenue but they are not FALLING in total assets like we are though. End of year 2023 YOY comparison ... PNC was UP 0.77% ... M&T UP 3.75% ... Truist DOWN 3.59%
Ouch
You “Teammates” are finally coming to the realization that Truist doesn’t CARE about you. You are far from being an asset, you’re a hindrance to the goal. The goal is to show the rest of the banking industry that everything except client facing can be offshored with no problem. It also will make a sale of the bank or another MOE easier. Many of you will now try and go elsewhere in search of remote work. Not many of you will be successful, as remote is getting harder to come by. You better have a specialized skill set if you want remote work.
They’re doing this because they know several will quit and they won’t have to layoff/pay severance.
How is Truist helping their employees?
Well they're helping me get motivated to find another job LOL
Seriously a bunch of id--ts in upper management. Dan S. talking about doing more offshoring because we need people 24/7. Doesn't he know that people in the United States can also work 2nd and 3rd shift? The quality of work done by offshore people is DRASTICALLY worse than most people in the US.
The RTO is seriously d-mb too, only hurts the current employees financially. We aren't in the office with people that are going to be hired offshore to replace us, so what does it matter?
I'm still down 0.9% on pay since they cut 401k benefits by 2%, and only got a raise of 1.1%. Plus factor in inflation and its probably closer to 8-10% reduction in pay.
If it were up to me, the lower paid employees would get bonuses on top of their salary, while employees making 150k+ wouldn't get a bonus. That'd save the bank a lot of money, plus motivate the lower paid workers who are really doing most of the work. Then give back the 2% 401k match that was taken.
This company su-ks, but at least they are giving us until October 1st to find another job, which I hope all the talent at Truist finds before then. Let this company and its id--tic leaders fail.
The way this “bank” is now treating the folks who were once happy, who helped build them, is completely disgusting. Talk to any of our former colleagues who have left. There is far better out there.
Look at all the other banks similar banks earnings are at best flat
They took that 401k match and gave it to you as a raise…a little misdirection
@ktq+1s6uXDPl "Stagnant" is being generous when total assets went from $555B to $535B over just the past year...
And I'm willing to bet didn't get any better in Q1 2024. We'll see on 4/22.
Imagine a company who thinks the peak of work was 2019 and is intent on regressing to that claiming to be innovative. Hilarious.
Top talent will leave because they have options. This company is run by a C-Suite of old, white guys with zero innovative ideas. This company is stagnant at best.
Why yes! Instead of working remote and getting more work done, I get to drive 2 hours each day to an office; just to grab a headset and hop on teams meetings with "teammates" in India or another state. All of that, I could do remotely. How innovative!
You forgot to add "0% to 2% raises" (when inflation was ~4% for full year 2023...) to the lovely 2024 benefits
Once again our leadership doubles down on making employees know we are not respected but just resources to use and abuse.
It is clear this isn't about "collaboration" nor "innovation" but around the tax breaks and propping up Commercial Real Estate (CRE).
Curious about how innovative the senior leaders think they are. They've been coming in 4 days a week and yet all they do is copy what other banks do.
Help? The employees?? Hey Bill, get a load of this guy!
You can find a better job, you’re not shackled to your desk