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Assurance Mgr here. Promotions delayed from 8/1 until 11/1 and no word from anyone yet on raises / bonuses for my region. Feeling pretty apathetic about doing more than the bare minimum atm.

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Between 3 months of pay cuts, delayed promotions, raises, and bonuses and extreme lack of communication from leadership, morale is at an all time low

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Everyone is reading too much into FY19 results for all firms. BDO is a 4/30 YE. the pandemic was probably a significant impact only for the last month. The paycuts they implemented were to prepare them for an extended period of down business which wouldn’t have been reflected in 2019 results.

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OP I don’t disagree with you and I don’t intend to make light of the hardship this has caused for BDO employees. All I’m saying is that a lot of people have been using the 2019 performance of all firms to say that COVID hasn’t significantly impacted revenue, which I think is misleading.

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I think people are misunderstanding the fact that a lot of future projects have been cancelled or postponed, while current projects went on as planned. We will see the greatest impact next year (the year we’re currently in)

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2 years of back to back no merit increases or bonuses with the same if not more work. That hurts

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HSBC Results are out HSBC’s pre-tax profits almost doubled to $2.7bn in the final quarter of 2021 as the UK lender’s commercial banking revenues were buoyed by growth in credit and lending. The London-based bank said in an earnings statement on Tuesday that full-year pre-tax profits increased 115 per cent to $18.9bn, just missing forecasts of $19.1bn. Reflection of these results on employees : Single digit hikes even for top performers. Same scene continues from past 3 years now. HSBC

Hi Fishes.
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Thoughts on “special” salary grades. I just found out the VP I was offered is not a grade 12 like most comparable roles (verified). Also not an 11, but an 11A. Slightly higher than an 11, a good bit lower than a 12. All due to the fact that it’s a leap from my current position. Why should that matter…..shouldn’t it pay what it should pay if I am selected, rather that curving down towards my current rate?

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Hi fishes,
I'm 22 and planning to take a life insurance. I'm comparing all policies and max life seems attractive as it has good claim settlement ratio and less premiums. But there is no office near our area. My worry is that if there is a need to claim in future, it can be done all online by my nominee? Is it recommended to take policy online in any platform(like policybazaar)?
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