Curious if anyone got their performance review yet and if you noticed any differences this year? Also hearing they are changing our comp.
Way to change the rules and reward at the end of the game
9 replies (most recent on top)
@a5 love the record gains this year and the employees being an after thought. Definitely some shenanigans in play since the new ceo. We pay based on performance, they better not say that this year when goals eventually come out. Employees mattering is officially dead to the bank, bottom line and shareholders only and then lack of transparency.
Oh well, no severance and Pip still gets 6 months of unemployment. Plus bank “experience rating” for unemployment goes up!! Still costs bank a bundle!! Ha!!
What kind of a broke a-s bank is this? Always struggling to find money to fund the goals they set. Tiring ...
@dy I heard a rumor that there was a plan to tell all remote employees to move to a hub and if they don’t, they will be considered voluntarily leaving so no severance would be paid. I’m hoping it’s not true but it’s unsettling.
Sh-t they are on to us waiting for severance packages instead of leaving. I alreasy quite quit and work 6 hour days
I heard from a SVP in payments that layoffs are starting to get too expensive and the next tricks are sham performance reviews and changing pay scales for remote people. They want many many more gone and have recognized that too many are waiting for layoffs. Where is that scenario in the McKinsey playbook?
Similar here. On hold until executive management and hr, who have no clue on the day in and day out value these employees bring, downgrade performance ratings to hit their quota.
@a5 all of this is 100% true
I'm not allowed to give out my reviews to my team because HR is holding it up with extra scrutiny, at least that's what I was told. I said this elsewhere, they are increasing the expectations, the accountability (which I guess is ok) but then not rewarding us with real comp increases. The beatings will continue until morale improves.