So I am one of the people who was home based before and I guess I have to go to the office now until I find something else. Am I going to make more money? Being HBA means I don't have to pay for gas, daycare expenses for two under 5, even food since I can cook at home. Some companies are paying people in the office more money. Is Jones going to do that? I don't get how this benefits me if not. Still having 60% of the office at home but forcing us to come in makes no sense unless there is a financial benefit.
23 replies (most recent on top)
@OP, stop whining and bragging. If you're not able to change with the firm, bye bye.....
BTW... folks at the HO aren't making g more than HBA. That's not how that works. Shame on you!
@1a5 I’m saying what are options not saying I agree with those options. And yes, it should be up to leadership and associate what works best vs some policy. But who am I?
@g1 Yes, let's dump our kids off on more school services and spend less time with them because some bag of sh1t at the GP level gets their rocks off on seeing bodies in the cubes/pods. You sound just as stupid and insane as the entire leadershit team here.
@192 g1 here and I agree, there are some non-office jobs that have the flexibility. Some families make a decision to not be a dual income family and have a hard time making ends meet financially (even when employed at a financial institution) however gives the family more flexibility with their kids schedules. So, if one happens to have parents together it’s easier in the sense that trade offs can be made. Maybe their house is smaller. Maybe they don’t have a new car. More understanding for a single parent in not having that flexibility of course because it’s just them paying the bills and taking care of the kids. Again after school programs are just one possibility to help and sometimes those could be subsidized depending on income. Again like I said though, it would be nice to have flexibility and it should be up to the leader and associate on what works best. If the work gets done that’s the main goal.
@g1 , there are plenty of non-office jobs that do have flexibility and work-life balance. It looks different than what flexibility looks like in an office job, but it often is there. Also, it's pretty rich coming from a company who's slogan is "Find Your Rich" to pull away any semblance of flexibility (financially and time-wise) from it's lowest paid employees (who often live farthest from the office due to affordability) all the while grabbing more and more for the highest paid who deliver the least real output while shirking responsibility for their failures. Know that others do not have the privilege to repeatedly mess up while passing the consequences of their poor decision making onto others.
@fh schools have “after school” programs that working parents can sign their kids up for. Many parents that have to work do this. Some parents, if parents are together, choose to have one of the parents be a stay-at-home parent to pick their kids up for school instead of enrolling into after school programs. If you have kids and want to pick them up occasionally or attend a school event then it would be nice to have the flexibility I agree but know other non-office jobs don’t get that luxury. You can also use sick time or vacation time. It’s not easy.
@OP I'm as against the stringent RTO mandate as the next guy, but your take is pretty wild. Full-time working parents require day care unless they are working split shift or have family support. WFH doesn't change that. It is hard to believe you can consistently be doing your job effectively during business hours while meeting the needs of a 2 and 5 year old simultaneously. Most people that are struggling with RTO policy are struggling with misalignment of business hours to school pick up and drop off and random days off and sick days. Companies actually benefit from the latter, because WFH employees use less sick time for those reason.
That was a luxury. This is how it is most places. Su-k it up and get to work. Or quit.
@ak, the firms always touted their salary is the same across other BD, they're behind. Admins are a level 5! They do so much work.
OP - you are delusional and lack self awareness. Unless you have something special to offer, why would the firm pay you more for coming in to the office? Without EJ, you would probably be out of a job.
If you are skilled enough to find another higher paying job, you should go get it. If not, su-k up and come into the office.
After this bravado on an anonymous board, you will be the first to come into the office with your tail between your legs. Good boy!
@b5 hey david, kindly f-off. Maybe go pay attention to your wife for a change so she doesn't have to call her bull
@b5 Quick strategy meetings? You're not making major strategy decisions off the cuff in an organization this big. Would love to hear examples of the brilliant impromptu strategy meetings that occurred and actually yielded something beyond creating a feeling of accomplishment.
Maybe you are perfect for only fans. Unless you are overweight. Other websites would be suitable. The world has changed. We need people in the office for collaboration and quick strategy meetings. If you are at home the moment is lost. No offense
@OP To your comment on saving money on food, you can consider bringing your lunch. Some people that come in do that.
To your comment on daycare costs, it’s hard to believe someone can take care of 2 under 5 and work.
Maybe talking to someone who worked in a corporate setting before Covid could help.
EJ is losing the reasons people stayed for so long. Raises have been horrific, flexibility evaporating, and motivation rotting. The only people happy are GPs bc of the money they make.
Am I reading correctly that you’re “working” from home while caring for two kids under 5, without paying for daycare? And we wonder why they’re asking us to come back into the office…
@a5 Edward Jones doesn't pay market rate to its employees. Most overlooked it because of good culture, stability and flexibility. Those things don't exist at EJ anymore and people still aren't getting paid market rate. And they now have an increased workload after ER on top of it.
I left my position voluntarily in September. They have yet to backfill my role. They've made several offers to candidates and they have been turned down because of salary issues (I'm still in contact with my former team). That's not unique to me.
They can't outsource everything. There are legal, compliance, tax, fiduciary, etc. jobs that require experienced and credentialed professionals that you can't just replace with Indians. Those people are leaving EJ because they're the ones with marketable skills that can get hired in any job market.
My job was worth the lower pay for reduced stress, no commute and flexibility. Once those incentives no longer existed, EJ was no longer worth my time, so I went and got a 35% pay increase working somewhere else.
I understand your mindset. You are old and think these youngins are lazy and need to put their nose to the grindstone. And that's fine, but you can't have that unless you pay people at market rate. You can't have your cake and eat it too, grandpa.
I understand where you are coming from and empathize. It’s been a challenge too for those that RTO this past year. No raise to cover it. Some were hired HBA but had to switch to Hybrid just because where they lived. You have to do what works best for you.
@a3 you should have after RTO round one. It's bullsh!t how this place is cheap AF with salaries under the guise of muh culture and work life balance. That is all gone and layoffs can happen now at any minute. They bring nothing to the table. We want to mimick all the big wall street guys except when it comes to pay lol. Clown show
@a5 bot
Work as prescribed M-F 9-5. Been done over a century with childrens, comutación, and family needs.
Pay people more?? Lol. I'm not mocking you OP. It's meant as a dig on the firm. They are not going to increase pay for associates. They have floated market adjustments for years, but they never come through. The firm has been on a great run the past 5 years, revenue and profit wise. Associates have only seen wages get deflated due to economic factors. Bonus payouts are lower, new LP loses the guaranteed return. Oh, if you need a second job to pay bills. Remember that needs to be pre-approved (which will most likely be denied). The firm has us by the ba--s and they know it.
Should those of us who have been coming in be granted a bonus for the expenses we’ve incurred over the last 2 years? Seriously STFU and stop b!tching!