Paying $7 a gallon for gas, to spend $40 a day for parking, to sit in a cube and speak to no one in person. Meanwhile, other people in comparable roles, living slightly farther away are forced to work remotely with impact to their raises. This is nothing like pre-COVID because no one I work with is in my walled-off neighborhood, and everyone in my neighborhood is incredibly bitter to be there. Not too hard to see why, when this week there was an armed guard overseeing the parking entrance, asking people where they worked prior to being able to take an entrance ticket. How is this effective or responsible - fiscally, environmentally, productively, strategically, or in regard to safety? Why even have salaried employees if you intend to treat them like hourly employees? It disincentivizes them from being in the field or going above and beyond in any capacity that isn’t tracked by IP. What happened to, “We put people first,” in a culture of “do the right thing”? If the MC thinks this is the “right thing” it does not speak very highly on their behalf. Obviously, we all know they don’t really care about their team’s actual lived-experiences, but they could do a much better job of making their mandates make sense. The Talk to Us Surveys, employee banking, and PAC solicitations, in an iron-fist culture, are ironic (if not insulting) at this point. By the numbers annually: approximately 440 more hours of commuting and nearly $6,000 spent on parking alone, for a job that can be done more effectively remotely, with zero reasonable reasons given other than, “because we said so.” Bonuses are very nice, but after taxes and annual RTO hard cost expenses, the math is not mathing on the take home pay. At the bare minimum the bank could negotiate fair parking contracts in all HUB markets - public transit is not safe for many.
11 replies (most recent on top)
@1za do you speak to other business lines frequently, bro? Especially bitter people in other business lines? You’re missing the point that these “neighborhood” allocations are bogus, and can do more harm than good for morale.
MC is from McKinsey and here to cut staff as cheaply as possible. They are squeezing us to quit without paying our well earned severance.
@ey exactly
@kn I love your optimism, but they won't to anything to be edit employees. They want us to quit. We are expensive. The more of us leave voluntarily the cheaper it is for them.
@j2 they do seem to be realizing that things didn’t go as smoothly as they thought, and morale isn’t as high as they hoped - as exhibited by the recently-formed task forces to make some changes. I don’t think you should be so defeated - you might at least get a trash can at your desk again one day. As you say, they understand business, including financial decisions - and they have an opportunity to emerge as good guys for employee finances if they just put a little effort into it. Negotiating a handful of parking contracts is not really that big of an ask for the nation’s 5th biggest bank. Maybe they’ll pleasantly surprise us? If we can’t invest our hearts and minds into powering our own human potential, then we definitely aren’t in the right place to begin with.
As a human, it su-ks and doesn’t make sense.
For business, it’s smart. We leave the house, they make money. They make money on all of those expenses you mentioned so of course when we were happy at home it impacted the entire economy and they lost money. It’s not personal it’s business. We’re just all struggling to make it make sense but when we’re replaced by AI, they won’t have to hear it.
I’m done complaining about it and at this point t I just have to make a decision on whether I want to keep playing this game or not. I can’t expect the rule writers to change them to accommodate me and my desires. Sadly it’s just not reality.
But the more we complain, the more we try to rage against the system, the harder it gets. We’re no longer helping each other complaining, instead we’re just making the game harder on ourselves.
So I’m going to go, smile and try to make it less miserable for myself and in the meantime, I’m going to figure out if this is what I really want to do or if it’s time for me to change (rather than expect them to accommodate me).
Thanks for the place to share common frustrations but it’s no longer serving any greater good and actually all makes it harder. Best to all.
I hope you make your decision that’s best for you too and can move through the frustration.
Good points. Why is the MC more concerned about protecting the finances of NFL players than their own employees?
@OP Don't forget the monthly therapy bill when you're someone whose brain HAS to grab onto at least one rational reason to have to sit in another business line's office building when your closest coworker is hundreds of miles away, and it just can't. And if I'm being honest, the commute distance isn't horrible; it's less than 30 minutes, but even still I'd take my old enduro commute from a previous role that took an hour but at least had an actual reason to report to an office over this utter waste of time just to satisfy the MC's egos. That said, at least our gas isn't $7/gal here (yet).
“ We do the right thing” only applies to MC suite clowns cause they do the right thing for their pockets. “We sc--w the employees” is the new motto. Literally and figuratively. Fu-k you Gunjan.
The only way the MC interprets "doing the right thing" is by hacking as many US jobs as possible in order to line their own pockets, either through bonuses or helping folks back home.
"We put people first" refers to the shareholders not the employees unfortunately.
Put your friends and family first by making sure they bank somewhere else and close any accounts with us bank (where we power human potential in India).
It was laughable when they rolled out RTO and offered some bullsh-t "commuter savings account" and $5 off coupons for bus passes. Like oh yeah let me take the bus 29.5 miles to the hub location GOONJIN, never mind that it will take 3 hours. Thats just my personal time though you don't care how a commute might affect that.
I can't wait til this company gets brought down in the massive ethics scandal that's coming.