Out of left field, core location, in-office fine, but didn't ...fill in the blank is it feels like. Others in corp risk too? Other groups having the same? Might be the new WF way.
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@a2 Well how do you think they are going to pay for the move of executives to FL. Or how do you think Charlie and his fans can go to Davos. At the expense of people
@ba It will be interesting to see how the IM impacts the compensation this cycle. They may have dropped the location strategy for some because o having to pay severance which they likely want to cut back on. However layoffs are happening or some other exit because multiple people were let go on Thursday this week.
More like handing out IM to reduce bonus and raise - but hoping you quit on your own. This place hardly terminates for cause. Stuck around - or leave like they want. They win either way.
@d1 no that's typical.
Go to the media, regulators (even if they are worthless), and anyone else that might listen. Spread the news, collect evidence, screen shots, recordings. This is the only way to expose corruption.
Should it be a surprise to get an IM when you are the newest team member? Not to mention two team members within the larger team definitely got exceeds.
Same thing happened to me in cards.
Basically a fill in the blank.. and if you want to nitpick literally everything someone does in their role tou can find something. And that's what they did. Pretty sure what I have to do to fix it will be a moving target that's impossible to hit.
Question to managers, how does ranking of a team happen? Is there a matrix/ survey/ some other template that you fill out for your reports? It is possible that a tech team has developers and analysts- how can those be ranked one against the other?
Corp. Risk. Core Location. In past years have received Meets or Exceeds. Review this year was great-as usual, but then my manager’s demeanor changed at the end and they tried to not explicitly state that I was getting an IM. I asked why. I was told I was on a RTO report that showed I averaged slightly less than 3 days. I asked for the report, was told they didn’t have it. I asked for the date behind it, was told they don’t have access. Then I was given a screenshot of a bar & line chart. Here’s the thing, I have been in office 3 days a week and trust me I know it because I complain every single time I go in because no one on my team or department is there. Meanwhile the “check the checker” for reporting sits at home, along with several others in “leadership” roles, to include my manager. I signed an arbitration agreement like most of you I’m sure but I didn’t waive my rights to go to the media.
If you got an IM it is most likely that was because you fell to the bottom of the forced stack rank. I was forced to handout IM's with no exceeds allowed; if I was allowed to hand out meets across the board, I would have done that. Generally speaking, the ratings this year do not reflect your actual performance.
Refresh your resume, make sure you have a copy on your own personal laptop.
Change any and all external account sign in to a personal email (FSA, Health Ins, 401k, etc).
Use up all personal, community service PTO time first.
Draft up a "I got axed" email to anyone you have a good working relationship with and have it ready to hit send immediately after that Tues out of the blue 1:1.
Cut back on your expenses and build up a rainy day fund. IM is going to be their way to fire you and not pay severance.
The beatings will continue until morale improves.
@bn most likely they didn't want to give anyone an IM, so that means they can't give anyone an exceeds. It's a drawback to the new system. It's an easier out for the managers.
@bn
What magic?
Honed throat skills.
@b9
Same here exactly.
I was informed that my employment would be ending at the end of Q1 beginning of Q2 due to location strategy. Subsequently, I was told just a few weeks ago that the location strategy was not proceeding. I just received an IM. Not happy!
I am in corp risk, and got a Meets. A year full of successful completion of reg work, early mornings and late nights, meeting all deadlines with time to spare on very serious projects, passing testing teams with flying colors, setting up processes and controls... My manager went on and on singing accolades … to then conclude the review that this all resulted in a meet expectation rating. I am curious to hear from those who got an exceed - what kind of magic work did you have to do to earn it?
got meets then got laid off
Wells is giving out more IM as this is their way of being able to fire people and not have to payout severance. Read the performance policy (print a copy for your records in case your are fired as HR states this is an internal Document and you won’t have access to the performance policy once you are let go). Also get in writing why you were given IM and if you don’t agree go to HR and have your response to the IM added to your file.
Happened to me too. First ever. I’m in tech also in a core location.
There are more layoffs coming this year in corp risk..
Fake account scandal lessons in 2016 have been forgotten. Management is now moved on to manufacturing fake employee reviews to compensate for high expenses associated with unnecessary layers of incompetent management.