Managers lecture about psychological safety but nobody is willing to speak up, challenge, or take initiatives anymore because the blaming game is strong. Don’t trust their words. Look for actions instead.
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There was FRBD 2LOD and CBB Risk FaRB.....today both groups are a disaster and never could figure out how to effectively support the Business Lines. Same with Compliance folks. Whwn they moved 2LOD folks into the 1LOD they really put the nail in the coffin for any movement forward for the BL. Its as if they get a bonus for making up risk and compliance issues. Some individual consultants are great but management in both groups (FRBD/2LOD Compliance and CBB Risk) are "leading" the bank into the dumpster fire they created. Guess thats what happens when you have heavy middle management full of narcissists running a team of 2 or 3 reports. How d-mb! Remove middle management layers and watch how much movement forward you get.
Who cares? They are compliance bootlickers and surely on the chopping block.
@q0 Wait, what? SLOD sent all their FRBD FTEs to the FLOD FaRB teams and then forced out the remaining talented leadership and layered FRBD under General Compliance with unqualified leadership. (Sidebar: That CC "leader" just left the bank and they're backfilling her position with - you guessed it - an even less qualified nepo-leader.)
If FaRB doesn't sit in FLOD anymore, where do they sit now?
@OP Private wealth in MN is super low. AP is such a mo--n and somehow still has a job, DF the regional lead is a tyrant. So much talent left last year that they had to move all the important relationships to Ascent. In excellent leadership, AP and DF didn’t have faith that any of us that stayed could handle the relationships, but tried to spin as the best thing to do for the business. Funny how that wasn’t determined to be the best thing for the business prior to the departures. They then adjusted our comp plan to be “more in line with the industry,” but with less clients and revenue in our books, the comp isn’t any better. We spend more time on spreadsheets and initiatives and have been told that our main focus is growth rather than servicing our clients that pay the fee’s.
It’s beyond being in the toilet. More like it got flushed down the toilet and is now festering at the sewage treatment plant miles away and there was just a power failure and backup at the sewer plant so it’s overflowing and continuing to get more and more toxic and putrid to the point a superfund cleanup site might be declared.
@a8 I also work in the credit fraud department and morale is low in our group. Many people didn’t respond to the survey and those that did, you can see how low the morale is. I just feel the negativity in our group a lot and I don’t feel as motivated anymore seeing some of our dear coworkers getting laid off. I often wonder if I am next.
@pc They still exist, they're just no longer part of first line.
Is there even a Compliance FaRB? I thought they did away with that group.
TPSS and it su-ks. Constant direction changing, no clear vision, awful project management, and all to just satisfy some manager vanity projects
With all the layoffs continuing, and most leaders worth a d@mn either getting severed or leaving the organization it’s painful. If you really think about the severance you’ve observed and the leaders that are left standing, does any of it make any sense? The people with integrity are running the first chance they get.
Honestly I'm heading towards a depressive episode due to USB and unfortunately I can't see a professional until June at the earliest. My anxiety has never been so high in my life. I cry multiple times a day, thank goodness I wfh.
RM&C. My level 5 manager didn't even bother to ask us to complete the TTU survey. Everyone is frustrated. Showing up to a hub to check off a monthly metric when none of your team is there. Make it makes sense please.
@ay It's "morale," you ignoramus. This is a site about LAYOFFS and companies doing wrong by their employees. Do you know where you are???
Morale is non-existent.
I find it humorous that comments on moral is good get negative reactions and comments on moral is bad get positive reactions. Kinda telling on the kind of people who frequent this site
CBTO - long time employee, morale has never been worse and that is saying a lot.
Credit card fraud department. I'm not sure if morale could get any worse. The number of staff who chose to not respond to the survey should speak volumes. More than one managers' team had zero percent responding. But using the term 'team' implies leadership is on the same team as the staff. Managers use that term a lot, 'team'. Their definition differs from mine, by a lot.
clown leaders. clown managers. circus company.
you work for a circus. with 'please shut your mouth' policy
and also pay you in peanuts!
@OP I work in Compliance FaRB and morale is great!