BofA Meal Allowance
Firm just announced increase from $30 to $35 for meals. But no more ordering meals to home (including weekends). Complete BS. Management should be ashamed of this.
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Completely agree. I’m planning on leaving every day as soon as I get my dinner, and if I don’t feel like going in then I guess it’s a good thing I know how to cook.
Ridiculous
That's absolutely awful and makes no sense. Literally rather have just $20 and I comp the rest if that means continued ordering. Ridiculous
Surprised it took this long for bofa to do this. Has been the case at pwp for 8ish months
Big time RIP. Losing Sunday meal is the worst part. Why can’t we pickup food? Same cost to the bank either way.
What the fuck? In apac here and havent heard anything
That’s because the change is driven by some new/revised tax code where ordering from home is no longer the same as ordering from the office. I’m not saying that the banks don’t want junior people back in the office asap, but the biggest driver for this change is the tax change, not an effort to ruin WFH… but some people aren’t ready to hear that.
What's the tax code change? I'm curious. Are home meals not tax deductible for firms anymore?
I think the tax thing has been in place for awhile. During 2021 to Q12022 my bank let us order food to our homes, but we had to pay the taxes on it (the meal amount was essentially treated as income). A few months ago they stopped letting us order when WFH to get people back in the office.
Do they really expect me to believe that spending $35 to have a meal delivered to the office (including tip, service fee, restaurant fee, etc.) saves them money over me walking to Chipotle or Sweet Green and spending $18 max? And the late night snack change is completely ridiculous. We HAVE to order through GrubHub and can't even get food from the market?? To me it seems like this was done to get people back into the office and benefit GrubHub and their workers. I'm pretty sure the tax implications are being used as a coverup.
Yea I don’t understand the late night snack rule the most. Taking away the 4th floor snacks seems pointless to me, if the goal is to get people back in the office. Used to look forward to getting some solid food, now I’ll be lucky to afford a bag of chips after delivery fees etc. Must have to do with the audit/tax rules, as someone above said
Yeah plus Grubhub always charges more than other delivery services (DoorDash and UberEats). So much in fees even after paying for premium. If BofA really wanted the best for its employees, they should have gone with DoorDash which cuts fees if you have the premium plan. Guess DoorDash not choosing BofA for their IPO rubbed them the wrong way
A lot of people forget this is how it was for decades before Covid - you had to be in the office for the takeout.
People can abuse it too easily when you’re home, that’s just a fact.
Well you think covid would’ve taught us how stupid forcing us to go into the office was but guess not everyone is ready for things to change.
Good thing bonuses have been good enough to make up for comped dinners !!
wait till your next bonus
Didn’t realize any banks were still allowing that. Pre-COVID it was the norm that you had to be in the office to order food on the firm.
We are living in Post-Covid era though. Times change...
Lol I don’t disagree with you but clearly things are not going to change materially given widespread bank reversals in WFH and food policies
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