What are your thoughts on the overhauled promotion policy?
Between the constant changes and reshuffling and the new promotion policy (we have to apply to a new position or post for our current position at a higher level and hope we get it or be fired?) I feel like I have no control over my career here at Prudential.
McKinsey does the dirty work.
Yes, the goal is to eliminate the need for as many people as possible
Guys. The experience you got in PRU is awesome. Use this to escalate to a better job in another place. Who said that it was going to be easy? Be persistant, be smart, change you mindset, then you will thrive.
Did they reverse the promotion policy?
I’m glad they changed their mind on restricting in place promotions. It was a bold move to try it and even bolder to reverse it when it didn’t go as planned. I will be watching how they deliver on diversity promises.
Well… that changed quickly…
You will interview, but it will go to a consultant from outside the company with “transformation” experience…..
The problem is there is nowhere to go. Unless you want to sweat away at a consulting job, there are very little life actuary jobs. So pru has the upper hand.
McKinsey strikes again and again. When will companies learn? If you're young you could stick it out and see what happens. If you're older, I wouldn't count on anything, regardless of your skills or performance. This is about cutting humans out of the equation, in any 'legal' way possible.