In making this announcement--jamie Dimon, JP Morgan's CEO said the increases "are the right thing to do" .
Will State Street follow this lead and offer similar pay and benefit increases to its workers? Come on Jay--join the big leagues and follow Jamie Simon's lead.
I agree that this will never happen at State Street. I do recall a few years back although I can't recall the exact year when we got no raises or bonuses for at least 3 years. The salary increases used to be very good but are minimal as stated above of 1% or 2%. Bonuses are also very small and not sure how they are determined but imagine that most of the bonus workers are received by the managers.
State Street voted one of the worst companies to work in the US.
Are you dreaming ?? Since 2000 every CEO has done nothing but layoff workers
Pay raises are 1% to 2% if you lucky and bonuses well least you can buy your lunch
There was a time when saying you worked at SSB made people jealous, now people say sorry to hear