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Salary Increment and Bonus

Senior Software Engineer
Current Employee
Has worked at Bank of America for 4 years
January 29, 2024
New York, New York
1.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

Nice health benefits and 401k.

Cons

They are not transparent about salary increments and bonuses. Even if you work really hard, deliver everything on time, and work long hours for the company, you may not get salary increments and bonuses. They always have some reasons for not giving you salary increments and bonuses. It also depends on your direct or indirect managers, and not all managers really care about your salary increments and bonuses; they even forget about employees' contributions. Also, there is no clear policy about salary increments and bonuses.

Advice to Management

Be transparent about salary increments and bonuses. Accept employees' contributions and don’t create reasons for not giving increments and bonuses.

Additional Ratings

Work/Life Balance
1.0
Culture and Values
1.0
Diversity, Equity, and Inclusion
1.0
Career Opportunities
1.0
Compensation and Benefits
1.0
Senior Management
1.0

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