I heard some folks working on the AIS side are being forced to work from home 100%. There will be no permanent desks for FR and fund accounting staff.
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@WfOKfcS-2oha Yes, I agree with you about working from home. You would only be able to meet with clients in their office if you did not have a permanent desk or office. This definitely does not make sense.
The overbilling fiasco really screwed them for a long time. Almost all the BS happening is to try to make up ground there. Daily operations for this company will be a total disaster in 5 years or less. It's bad now but the real bad times have yet to come.
My experience working in the channel center from almost when it was first open. We had plenty of space. But now more groups are moving in...we had to have a third of our team work 3 or more days from home which meant they didn't have a permanent desk. VP moved to cubes ... if you could even call them that. They moved in people that were on the phones regularly with headsets between those with jobs that required more quiet for thinking and analzing. There is no thought to this open structure set up. It is made that you would prefer to work from home.
The one benefit I see to work from home is I could live anywhere I want. But I agree with new employees it is difficult. We do a lot with shared screens and Web ex but nothing replaces face to face. For client support ... my client is out of state so that doesn't impact us. Also with over half our team overseas we have less face to face anyway. And with SSB not really even caring about the client and only caring about cutting costs thus does not surprise me.
Just give everyone laptops get rid of the desktops and we can all work from starbucks.
I heard a rumor that something similar is going to happen with SSGA when they move to Channel Center. Like it or not, you will be partnered up with 1 or 2 others to share a cube even if you had an office. That means 2-4 days working from home. The funny thing is that FLEX and working from home previously, anyway, required that you had dedicated space that was free from distractions and that you had to provide childcare if there child in the house. Some of my direct reports said that as much as they wanted to work from home, they didn't have dedicated space and they were honest in saying that they wouldn't be able to get as much done. For those folks, I let them work from home occassionally, outside of completing a FLEX form. Now, with this "you must work at home" stuff, are they now changing the policy about needing a dedicated space? What happens if you don't have that space? Makes me wonder about whether they care about rules or not (e.g., same thing on company iphones vs. Bring your device policy: they make rules for "right" reasons and then change those "reasons to suit some bigger cost savings goal.).
As a manager, I was ok with people working from home if they were experienced. How does a new employee (assuming that State Street will ever hire again in the US) start 100% remote? How do you train them? How to develop a sense of community or teamwork?
Regardless of the benefits of staying home as mentioned, it shows that there is no long term plan for these depts in the US. Having no base location to call “home” is dangerous. There will never be in-office work for teams. New hires will be impossible. The odd flex desk does not compensate for this.
So what if they are forced to work from home, would you prefer to be laid off instead.
Working from home, No traffic, No problems with the trains, snowstorms
@WfOKfcS Nothing wrong with working from home but this really doesn't make sense to me. What about meetings with clients ? So only the senior members of the organization will still have offices? Please explain further when you can.