Should be an interesting week for us heritage Union Bank employees. Posters down below have implied that the bulk of heritage Union Bank employees will be laid off by this date. We shall see.
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Or better, let’s have a meeting and profess how “transparent” we want to be and yet no one knows what you’re talking about until someone calls you out. Agree, middle management has done nothing for years except create fake reports.
"The points you make are very interesting. Let's call a meeting. I will assign someone to create a spreadsheet, then we can schedule another meeting for follow up. Maybe, just maybe we can permeate another manual task and dump it on existing employees in another department that don't have a clue what it is and spin it as a process improvement. While in reality it's a total waste of time and bogs down People even more."
Very funny and so accurate. Every interaction with the useless middle management class goes like this. Every problem requires a spreadsheet solution with lots of meetings and never an actual solution. Just more layers of uselessness added to the BAU processes. If every middle manager were let go, nothing would be lost and millions per year would be saved. Meetings would be cut by 75%0 and workers could focus on their actual jobs.
The points you make are very interesting. Let's call a meeting. I will assign someone to create a spreadsheet, then we can schedule another meeting for follow up. Maybe, just maybe we can permeate another manual task and dump it on existing employees in another department that don't have a clue what it is and spin it as a process improvement. While in reality it's a total waste of time and bogs down peopke even more
Let's count how CRE management waste the shareholders money!
JLL closing sites and project management. Some sites they never even come on site and the FM's that could do this work are ask/told to go to sites to perform task JLL should be performing.
Mantis Roofing management (the same roofing material manufacturers will provide all the same services for FREE- yes that is right FREE) Hello anyone home here! - Mantis in general- everything they touch cost big$$$$
CRE procurement staffing- ah US Bank has a procurement division!
Mr. Know it all's travel to trade shows. " I spent 10 weeks in a row traveling."
Using Daikan equipment- see line above!
Hiring national vendors to manage landscape and snow and they hire the incumbent vendors already working for USB.
Don't look at outsourcing FM- look at the management teams' decisions driving this train wreck!
There’s a lot of truth to the post about CRE. Actually, it’s all truth. And USB will outsource more and more unfortunately. However I would to see the real numbers that we spend having JLL manage projects.
Corporate Real Estate was notified this week Request for Proposals were being sent out this Friday to the Large real estate management companies for proposal for services including landscape snow janitorial and a package that would include facility managers. (Likely means Facility Managers will be outsourced) This is from a US Bank leadership group that business practices include paying a national vendor for Grounds which in turn hired the incumbent vendors all ready under contract with US Bank. Same senior management that uses Mantis a project management for capital project. Includes roofing, hvac, asphalt at a premium mark up. What does Mantis bring to the table? Uneeded expenses.
USB CRE you pay professional Facility Managers - set standards determine a standard scope of work and let you FM work to save the shareholder money! Restor Johnson 6 years ago loaded this group with added management staffing and to cover the expenses he dropped FM’s pay grades. Malik stayed status quo.The hunting buddies ( stretch and Mr know it all) at the top of facilities operations have screwed CRE up with everything they touch. Mantis project management, added expense- requiring Daikin HVAC equipment added expense. Daikin HVAC process removes cost saves in like for like replacements. Daikin cost are 20-30% above other HVAC major manufacturers and delivery times are long for new equipment. Stretch’s procurement background hires 4 people that have never been able to save CRE money with “ group pricing”.
One thing I have learned in my long employment with USB- we are just a number
See you in 2024 when I’m working for Cush Wake, JLL or CBRE and providing half the services that you previously had and came to expect!
Good luck to the poor understaffed overworked Retail Group the face of the company that soon will be underserved in half maintained offices
@8jgf, which ones?
There are a few Gaslighters on this thread who are misinformed and does not have sufficient information to support their claims.
Losing a job or being laid off is not a pleasant situation.
Still here along with most of the Union Bank people that came over with our group. Not sure where the person in earlier threads got his or her information on the 12/4 date.
I'll keep plugging along until someone says otherwise. I realize that working here the ax can fall at any time, so I take it a day at a time.
After 12/1/23 all Union Bank employees become US Bank employees and on US Bank severance plan. Forget about good old days at Union Bank and be prepared to be Nickle and dimed by US Bank and their pathetic severance plan (2 weeks for every year and maximum of 6 months severance irrespective of years of service). Also Union Bank folks who formally applied and got jobs are on US Bank pension plan now which also pays less than Union Bank. The percentage of Union Bank employees that got mapped had lower salaries or were relatively younger or were not with Union bank too long. Directors and MDs were all laid off coz they make more money (except few who brown nosed i.e SB)
U.S. Bank severance (I am not familiar with Union Bank) for pay grade 16 and below: 2 weeks for every year for employees with 15 years or more and 1 week for employees with less than 15 years. I also think there is a minimum.
For grade 16 or higher there are higher minimums and I think they start at 2 weeks for every year.
2 weeks for every year generally depends on level. UB folks prior to 12/1 got a little more I think.
One month for every year of service. Paid health insurance for life. A Rolex watch. And a new car of your choice.
Does anyone know what the severance package looks like for employees with 25 years in service?
A lot have already been let go. All of the technology folks are gone. Some found jobs but that was less than 10% I think. Many of the UB execs are gone. Not sure how many are left for 12/4.