Hi there! How have raises/bonuses been for you all this year? Seems our bank is doing away with one bonus and raises are limited. Is this an across the board issue or just the company I work for?

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My bank has drastically cut back on bonuses and I received a 2% raise for 2023

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I got three percent!!!!! My boss said he thinks it included a 'longevity" bonus because they gave increases to mist employees due to change in obstacles. He was wrong and I told him so.

Lender incentives have remained. As far as I know, the bonuses on the retail side are the same as last year. I can’t speak on raises though, they’ve been pretty poor since Covid. Best way to get a bigger raise is to change roles, preferably while in the same company.

Not true, many limit an internal increase to 10% while you can get a bigger increase by moving to a new employer, then come back later if you so chose

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