I don't understand those who have been complaining for months and years, and they are still here. I'm not saying this company is ideal, but it's not all that bad.
There are also people who have regretted going to other companies, having convinced themselves nowhere is ideal.
20 replies (most recent on top)
@jrfi+1dwm0oT9 yah so not worth it to get miserable and stressed , sounds like HR are really influencing your life?
Whether you leave as a result of a failed and unfair PIP, resign yourself, get sacked with a nice redundancy package, chances of you being much happier anywhere else are super high at present.
Just a few people are responsible for everyone's unnecessary misery and stress here. Most sit within our HR and over the years they've become arrogant enough to dictate what good managers are supposed to do with their staff. Oh, and not having a bigger clue about the importance of parts of our business they just needed to support, not manage.
I imagine LSE just said - you need to save x millions by y date, we don't care how you do it and same few Refinitiv bad eggs are in charge of it, which is even a bigger potential disaster just waiting to happen.
LSE should take a closer look at Refinitiv and not be afraid to make some serious changes themselves.
It's funny that those employees that left via PIP, they are always happier people when you see them 6 months to a year later. You never hear about ex-employees missing this company. Saying that this was the best job that they ever had. No, once people leave, they seem to realize how unhappy their work life was.
Most of those showing valuable people the exit door, should be the ones using them to leave themselves. Things would change for the better almost instantly.
@dxzd+1dwm0oT9 Seems like you’re on track for the exit door, sad to hear this.perhaps as this door closes, a very bright future awaits where you’ll be appreciated
As a manager, I've used the PIP plenty and never experienced an employee passing the PIP and becoming a valued resource. They all end, eventually, with the same results. I know of a few employees reporting to others that passed their PIP and the manager always lived to regret their decision. It's a vehicle to eliminate people and not improve performance. Performance improvement never lasts.
If you are on a PIP, get the resume updated and start looking today.
Sorry, that's what a PIP is used for here and I know it sucks.
@dxzd+1dwm0oT9 hopefully you will prove them wrong and pass the tasks they set you and they cant fire you, cheering you on.
@dxzd+1dwm0oT9 not my experience as a people manager that HR put you on a PIP, I have used PIP's to address performance issues as a manager with HR help, but it is my decision to use it. I would say, vast majority on PIP made significant improvements and only let go maybe 2 employees out of 20 in my line management career
"no one can make you do anything. Up to you to stay or go, how can anyone MAKE you go?"
It is simple. Have Refinitiv HR implement a new BS-based performance rating framework, make up any BS reason based on framework's 50% "how" part to rate you as "underperforming", put you on performance improvement plan, make sure plan has at least 1 task impossible for you to complete, make you fail a PIP = MAKE you leave.
CEO of Barkleys got a nice redundancy package you say?
This is great news! It must mean all of us can pull this off too! ;)
@8xdy+1dwm0oT9 no one can make you do anything. Up to you to stay or go, how can anyone MAKE you go?
They can give you hints you are not wanted, you can ignore this and stay. If the hint is so strong, enter into negotiations, get a package if they offering one, and get YOURSELF out. CEO of Barclays did pretty well on this front, in the big bucks!
@8xdy+1dwm0oT9 5 years & counting so not new. So what’s stopping you since so you appear to be so aggrieved? Love hate relationship?
I love my colleagues here too, not so much love for our HR and management though.
You're either totally new and still naive or super lucky having found a unique niche or have lost your mind from too much stress.
Whatever is stopping you from leaving can and probably will be removed by our HR sooner or later.
If you still stay, just gaze at the open door and don't get their 'subtle' hints, a brutal and time-delayed kick in the nuts will do the job. Trust me.
Nothing is stopping me. I love it here and my colleagues. Why would I want to leave? It’s a great company with a bright future ahead and bonuses that come with that hopefully.
you've seen nutn' yet
https://www.theguardian.com/business/2021/mar/22/lse-david-schwimmer-pay-refinitiv-takeover
@1gbk+1dwm0oT9 I know it does not make much sense (different everyday costs, different job market etc.) but I'm Polish and that is more than a million PLN in stock options alone. Mindblowing.
What stopping me is long term stock options. Takes 3 years to cash the options so I’d need to walk away from £195,000 in stock so they need to make me redundant and then I get to keep it all or find some company willing to buy me out, not easy these days. So I’ll stay and keep finding the underperforming so I can be paid the big dooh daah, k’ching k’ching you know what I am saying $$$$$$.
@1xiz+1dwm0oT9 Oh gosh , here i was thinking there was a brutal sacking.
Like everyone brags about not being successful in landing a new job...
What? I'm unemployable? My attitude and skills suck? I'm totally stuck with no options?
OK, that does it! Just watch me!
(another redundancy package saved)
Our HR are snakes.
And since they have hired lots of people with bad attitudes and no skills - incompetent too.
Being unemployable. Lots of peers interviewed but didn’t get jobs. Their attitude or skills suck. So they have no option but to stay. They want to leave but they are trapped.
Posts like yours encouraging people to leave, so you can save some money on redundancy packages.