Over the past several years, the culture has steadily deteriorated. It’s become painfully clear that the organization no longer values its employees, at any level. What once felt like a professional environment now resembles a sweatshop. Promotions are rare to nonexistent, and raises don’t keep pace with inflation. The expectations placed on employees are unrealistic, the workloads are unsustainable, and when you’ve given everything you can, you're often replaced without a second thought by someone with a fraction of your experience, whether locally or offshore. So why would anyone remotely competent stay?
7 replies (most recent on top)
@a3 when the market turns around it's going to be really interesting to see how the landscape changes.
Many of us stay due to the LTI and other bonuses. Many nailed it, the market su-ks, so why the heck would we leave now for uncertainty and risk?
The grass is also not always greener. Many of us (15 or above) are likely paid fairly well, when compared to similar jobs elsewhere. Sure, I would be open to going somewhere else, but I am not taking a pay cut to do it.
There are plenty of skilled and capable people at the bank; many of us are underappreciated and not even seen by the many layers of middle management. So many layers, and in some cases why? Are they really providing value to us and our customers?
I mean I've been with the bank for 3 years, received 4 promotions and stellar raises so maybe it just depends on your management and well... you?
Just shows how clueless she is. Attrition is low BECAUSE the job market su-ks. No one is leaving because they land the next job. She is incredibly out of touch.
Market will turn around...it always does.
Some stay because they are content despite complaining, but most are probably staying while waiting for the job market/economy to improve.
I know I’m looking. The market just su-ks right now. But this ship is sinking fast.