https://nypost.com/2022/08/30/goldman-sachs-lifts-covid-protocols-urges-workers-back-to-office/
What % would full on quit if they did that at WF? Lots of 500K+ Salaries over there though. Can you imagine if they pulled that here. My guess is about 50% would leave.
2btp+1itnrMxb, I agree to disagree.
They are all located in one location and mostly customer-facing plus NYC needs people to return to the office for supporting other businesses. I think it is funny that they were pushing us for years to start working remotely and now they are changing their time. True leadership in action. Think nothing through and just react.
Post ID: @2npc+1itnrMxb
The point of my post is that GSCO can demand more of their employees because GSCO pays above average salaries. It is not easy for employees at those wages to replicate their income and lifestyle elsewhere.
Employees at Wells Fargo can easily find better-paying jobs elsewhere, at companies with healthier cultures which are not buried in scandals. And many already have.
Charlie came in short-sighted like you: We can treat employees horribly, but they will stay because they need their jobs. “There will always be someone else filling their shoes, and someone else left to train them. Life goes on.”
Even Charlie knows he went too hard down that narrow-minded road. Proof? WFC is not taking the risk of attempting to call employees back in 5 days per week. Attrition is already a big problem and they do not want additional employees leaving. Look at the job boards - we are in the midst of a hiring spree.
Agree or disagree with me? It doesn’t matter because I know I’m right. And so does the C- Suite. RTO is not the only deciding factor as to whether employees stay or go, but it will be the straw that breaks the camel’s back.
No way its 30% lol
...and yet RTO compliance is like 30%. They cook the books to make it look higher by including people that continued to work in office during C19, but if you only count people that were WFH pre-C19 or during C19, yeah, the compliance numbers are abysmal.
@1iic+1itnrMxb, unfortunately, you are not a realist. You expect or think employees of Wells Fargo will walk if they're forced to rto is ludicrous. You expected me to agree with your long winded post. You expect Charlie to care if you quit? Guess again. There will always be someone else filling your shoes, and someone else left to train them. Life goes on.
Lol - most of the employees I work with at WFC must not be effective then
Post ID: @1biw+1itnrMxb
Unfortunately, your comments reflect that you did not fully read my original post.
In order to be an effective employee at WFC - you will need to display that you can listen/read and understand the text in a project/email/complaint etc, and then respond intelligently rather than flippantly.
It’s a basic but necessary skill.
@1crc, there will always be someone there to train. Just because you won't, doesn't mean someone else won't. Believe it or not, the bank will go on, with current, and new hires.
Post ID: @1jjv+1itnrMxb
Oh really? Who’s going to train them?
oh no, it won't be 5 days in the office that will be the next blow.
there's terrible compliance with 3 days. The reports that were shared at the beginning have gone dark - they're being held up very high in the org. I'm a manager and i've asked to get mine again - and crickets.
My prediction: at year-end, the reports will materialize again, and this time it will be with an urging and/or requirement that noncompliance/poor compliance gets penalized in yearend assessment and/or comp.
Every year since CS has been here, there's been a change in comp practices and it's come at the end of the year and been retroactively applied.
it will be at year end, we'll be
@tdl+1itnrMxb
Not sure what you are talking about. Shorts, sandals and Tshirts are all I see when I am at work. Dress codes are for dinosaurs. Dry cleaning...ha. Wash and dry, some Downy if necessary.
1wts+1itnrMxb, Charlie will not do all of that; but he will find others who will happily do so.
The difference between GSCO and WFC is that the employees at GSCO are paid very well.
GSCO expects a lot out of their employees, wants only top performers, and pays them handsomely for their efforts. Median pay at GSCO IS $120K per year.
Median pay at WFC is $65,000 per year, with many of our frontline brick and mortar employees making only $37,500.
Note to Charlie: You can’t disrespect your employees for 3 years, treat us like we are liabilities rather than assets - and then expect us to rise to the occasion for you. As much as you tell yourself that the C-Suite and BOD are all that matters - none of you have a clue as to how to perform the daily business that keeps this bank up and running. If the entire Senior Leadership disappears tomorrow, this bank can easily perform without you. If the employees walk off the job tomorrow - I want to watch Charlie deposit a check, work the drive-up, answer a client call, process a trade, fix a major system issue, pay a bill… now that would be fun!!!
Tough talk, but no way 50% leave....maybe 5-10%, a slight tick above normal attrition. People need the paycheck for rent/mortgage, that expensive cel phone, the car(s), the Starbucks, and the medical benefits. The grass is usually not greener on the other side. As interest rates keep going up and as inflation continues, there will be pressure on companies to slow hiring and/or cut staff (google "layoffs" and "recession"). A better plan - show up in the office as required, work hard, and be happy you have a job.
Probably less than 5% of staff. Lots of big talkers & keyboard warriors here but reality is most need their jobs and can’t arbitrarily quit.
Time to start actively looking for a new job.
Can't wait to see what glorious solutions Chuckles 'n Co. come up with to solve the fact we don't have enough seats for everyone in the Company.
My guess is 50% would stay, and continue to whine about it. Deal with it or leave.
Time to start investing in those in-house dry cleaners, now. Many dry cleaners now send out the laundry, since the pandemic almost bankrupted most of them.
I better hurry up and get in the queue for a new bespoke suit from Gieves & Hawkes on Savile Row… RTO it’s going to get costly, again.
The vampire squid wants more blood from the lifeless corpse.
What else is new?
It’s coming
“ My guess is about 50% would leave.”
I’d take that bet. Lots of tough talk here but the posted headcount numbers tell a different story.
C’mon man! Don’t you miss being a desk jockey in a cube farm? Nope! That’s why I use a personal address at a strip mall mailbox business which happens to be greater than 40 miles away from the nearest WF branch location. Yep! RTO problem solved.