Thread regarding TIAA (TIAA-CREF) layoffs

Quitting

Is 2 weeks required? Thinking about quitting after bonuses next year, or end of this year. Would I need to give 2 weeks notice? Does HR conduct exit interviews? Has anyone been offered even more money to stay?

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| 2206 views | | 13 replies (last July 9) | Reply
Post ID: @OP+1jxne16rg

13 replies (most recent on top)

There should be no concerns about references. It's against TIAA policy to provide a reference for an ex-employee anyways.

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Post ID: @3z5+1jxne16rg

The exit interview is like two questions in Workday when you click to submit your resignation.

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Post ID: @2nv+1jxne16rg

Continued…
Yeah even IT positions. Once you give notice, the manager can use their discretion or resentment to hold on to you or let you go right away. If you have access to sensitive systems or data you could be gone before lunchtime that day and all system access removed, escorted out of the building. I’ve seen that at least twice.

Basically resigning is a cr-p-shoot and there is no guarantee until you tell them or if you chose to put in your resignation on Workday.

You’ll have to tell us what you find out when you go through with it.

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Post ID: @qa+1jxne16rg

@q2 aj here. Been here a long time I’ve seen just about everything.

There are times a manager wants you to stay two weeks to four weeks or whatever you gave so you can do a full knowledge transfer and they want every single second to be able to get that transferred.

There are other times where they might let you go on the spot once you give your notice which depends on the manager. Maybe they resent you, or needed to cut one person anyway for budget reasons and your timing was perfect.

I’ve even seen cases where someone gave zero notice that (same day) or “negative notice” and was not known they left until a couple weeks after their leave of absence was supposed to end that they had been with another company for a several weeks already.

It really depends on if you want to burn a bridge at TIAA or some other company, because if you give too little of notice or a really bad exit interview you could be blacklisted from future roles you apply to there.

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Post ID: @q9+1jxne16rg

@aj

is it common for TIAA to let people go immediately? I’ve heard of other financial companies letting people go without two weeks due to the sensitive nature in the industry, is this true even for IT positions?

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Post ID: @q2+1jxne16rg

@d7 yes and no. A Denver coworker was told by an HR person in Denver to stay past 2/28 this year to get his bonus. That fighting TIAA with that law in the courts would not be cost effective for them for such a paltry bonus of $20k.

Lots of changes happening in state and federal government that people voted for/against their own interests on both sides of the political isle … so best play it safe and not give notice until 2/28 at the earliest.

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Post ID: @ea+1jxne16rg

If you live in Colorado they have to pay you your bonus if the number has already been quantified and you leave between 01/01 and the payout. Look into the Colorado Wage Act. Don’t let the company violate the law.

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Post ID: @d7+1jxne16rg

Was several years ago. The Exit interview is with your direct manager. It is scripted. Basically ask why you are leaving, if they could do anything different, remind you of your non compete clause and other things. It’s a literal waste of time as they don’t care and HR could care even less.

Why would you think HR does the exit interview, they can barely get the phone screen and hiring process right they don’t give two F’s about why you’re leaving. You’re a literal number in the end game of cost savings. Probably won’t even replace you. Or if they do it’ll be 3-6 months and they will make more than you did.

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Post ID: @b9+1jxne16rg

@ak

Was your exit interview with HR as well or just manager? What other things do they discuss?

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Post ID: @b8+1jxne16rg

Forgot to respond to your last question.

HAHAHAHAHA. More money to stay?!? No. Not unless you were very high up the chain maybe.

I was the single point of failure for many processes on the team when I was telling my manager I had another offer. Dude didn’t care at all. So I said ok then consider this my 2 weeks notice. Exit interview I asked why I wasn’t offered more money or any incentive to stay - knowing I’d miss out on my bonus… didn’t have an answer and said “your salary is very competitive”. My new job was the same title and less responsibility but was 20k more. I told him I would have stayed if he could have got me close to half of that. Denied.

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Post ID: @ak+1jxne16rg

2 weeks is standard unless you have some license or signed disclosure it could be 4 weeks.

If you want your bonus resign after you get it deposited else you will not get it if you left anytime before February 28th. If you can’t handle it anymore no sense in staying for it as your manager may see your attitude and give you a small part of an already smaller pool next year along with with the new rating scale.

HR doesn’t do exit interviews. If you get one it will be with your direct manager - which su-ks if you have a bad manager and are leaving because of them.

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Post ID: @aj+1jxne16rg

If you want the bonus you have to quit once the money hits your account. Give your notice March 1, 2026 and hope the company walks you before your two weeks is up.

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Post ID: @aa+1jxne16rg

Two weeks is considered professional courtesy. It's not required..if you don't want to use TIAA as reference or on your resume don't worry otherwise I recommend.

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Post ID: @a9+1jxne16rg

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