Thread regarding Fiserv Inc. layoffs

What is a salaried employee?

In the (real) corporate world:
A salaried employee is an individual who is hired to handle a particular job and is paid a fixed amount of money, regardless of the hours they work per week.

The standard working hours are 40 hours per week, which means a salaried employee receives the agreed-upon salary even if they work for fewer hours. Moreover, employers don’t offer overtime pay for salaried employees who work for more than standard hours.
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A salaried employee at Fiserv is an individual who is hired to handle a particular job however you will continue to receive multiple additional duties as they thin out the staff. Expect the environment to be hostile and stressful as clients are very upset with all the promises that we can’t keep. You and your peers live with the constant fear of the next layoff. Most secretly hope that they get laid off next because the alternative is almost twice the work. Again, this is something our clients are picking up on.

The standard Fiserv working hours are 8 Sapien hours per day. Consider yourself an astronaut now and wear your depends. There is no longer time for lunch breaks or the bathroom if you have any hopes of a personal life. Of course we are not offered overtime, but we are expected to be on call, give up our weekends, evenings and work late whenever needed. God forbid you leave early to go to a doctors appointment and not document it on the website.

Fellow employees, if you think your salary, you’re not, not really anyway. Just look around at the regular corporate America.

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| 2224 views | | 15 replies (last December 25, 2024) | Reply
Post ID: @OP+1w3M1EYw

15 replies (most recent on top)

Amazon tracks high workforce diversity as a metric that prevents the risk of unionization. Gives you a glimpse of why the 1% says “diversity is a strength”….

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Post ID: @6qgy+1w3M1EYw

And make no mistake. The especially vicious attitudes this year are retribution for the tiny bit of control some took back last year. Quiet quiting, leaving horrible conditions for the promise of greener pastures. Telling bad companies with bad CEOs that they wouldn't get a new hire till they did better.

Then the announcements of "maybe possibly a recession could happen". That was repeated ad naseum. Then the fuel companies and grocery chains enforced mega profit margins so the the little guys would feel it, but the ultra wealthy just got more. They made it look like a recession for us "poors" then used that as a reason to scale back hiring and salary increases. They got other companies to go along with it while meeting for golf or whatever; using the fear tactic of "they did it to me, when will they do it to you?"

People act irrationally when they're afraid.

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Post ID: @2bzd+1w3M1EYw

@2jdp+1w3M1EYw just stop.

This is not a race issue, this is a microcosm of the larger issue in the US. It's a class struggle. Those in the c-suite have come to believe that they "own" us peasants doing the work. They can tell us where to be and when, if we're allowed to use a restroom, where and when to eat, etc. They view us as property to be toyed with for their amusement and pleasure.

Assuming your perception of the situation, and retelling of it is accurate. Those people were hired based on policies at the top, by people promoting those policies from the top down. The behavior was sought after, encouraged, and endorsed.

If you want to be upset, don't look left or right. Look up.

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Post ID: @2vxu+1w3M1EYw

Fu-k Fiserv. They hired us promised us a world of opportunities and so on. Then September 4th 2024 I was with the first bunch of ,350 laid off employees. Working for them was horrid they had young black trainers with Gen Z attitudes talking to you like a disrespectful young brat and they were all black. I did not see any American Indians in the Training or Supervisor capacity. Nor did I see any Hispanics except one Supervisor in CALIFORNIA MIDDLE CLASS REFUND but that was it. I felt as a Indigenous person I faced Racism from the Blacks. Yes Blacks can be racist too quit kissing their as--s they took part in the genocide of the American Indian in the Midwest after the Civil War Check yr history. Time has gone too long for the blacks to cry and act like bi--hes It's their own who did them DIDDY clean yr race before you demand. This company is Racist towards American Indians you don't see any in the company. Dou--e Bag company I hope they get destroyed financially for their deceitful lies and promises. UP YOURS FISERV

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Post ID: @2jdp+1w3M1EYw

There needs to be a class action law suit for age discrimination. Hubby put in 26 years, got his notice last year, 2 months notice, 6 months severance which took him to his 65rh birthday.

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Post ID: @2tls+1w3M1EYw

I gave them fifteen years of my life.... then Yabuki took over and started shuttering data centers, then HR claimed I had illegal software on my company issued laptop and used that as a reason to fire me instead of paying severance that they were happily paying out to employees with less time served... 1996-2010

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Post ID: @1azj+1w3M1EYw

Fiserv now making employees drive into the office regardless of the distance. I know someone driving 2 hours one way. If you’re there less than 9 hours, you will be written up. They don’t care about their employees.

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Post ID: @1dzw+1w3M1EYw

Research ibm lawsuits of the exempt topic. They have been sued several times for treating exempt employees incorrectly. They settled multiple times, paid back overtime to affected employees, and changed them to hourly. Also worked a major player bank who years ago saw the writing on the wall that they were in danger of a suit, so they switched a bunch of employees from exempt to hourly, and poof, no more extra hours required!

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Post ID: @1dtg+1w3M1EYw

The measures put in place do not meet the criteria for exempt employees. Class action suit anyone? Anyone?

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Post ID: @1lse+1w3M1EYw

@cpo+1w3M1EYw take your laptop to the sh----r and click around in there

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Post ID: @1jlo+1w3M1EYw

According my attorney the measures put in place do not honor my salaried agreement

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Post ID: @six+1w3M1EYw

Fiserv assumes with the nine hour workday you take one hour for lunch.

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Post ID: @rbr+1w3M1EYw

I agree and think this is preposterous. If they pay us to do a job and we're so efficient that we get it done in less than 40 hours, what's the problem??!! Either zip it or give us more work (the "and other responsibilities" line in all our contracts allows this) or leave us alone.

I inquired about this and here's what a law firm that deals with workers issues said:

"...As a salaried employee, companies can ask you to work more than 40 hours without compensation....a company can legally ask you to work 9 hours no including a lunch break..."

Might want to verify the 9 hours part, as it may depend on your state.

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Post ID: @iik+1w3M1EYw

i’m on the toilet rn can someone click around in powerpoint for me

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Post ID: @cpo+1w3M1EYw

none of this is new information, welcome to the working world. It su-ks.

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Post ID: @qeg+1w3M1EYw

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