I'm a current wells fargo employee within risk in Minneapolis who is looking to jump the stagecoach. The amount of layoffs, lack of salary increases, and overall team morale is getting to be too much.
Is US bank worth looking at or is it really bad there as well?
It’s only a matter of time
https://www.msn.com/en-us/news/technology/microsoft-teams-may-soon-reveal-when-you-start-and-leave-work-here-s-how/ar-AA1RJWtw?ocid=msedgdhp&pc=U531&cvid=693acfedb3674e709a77928be5960759&ei=31
@cw Spot on!” But this new breed of leadership of people from india, mackenzie, and this younger breed of MBA know-it-alls”. I call it the cr--ker barrel effect! There are some good middle management leaders at the bank but not enough in positions of power.
@cw spot on. And now they are mandating that 5-10% of employees get a Needs Improvement rating at year end. Unreal.
OP, I've been here for almost 20 years. I always felt this company was strong and good to work for. Not perfect but still good. They were cheap in the early days but he got better. It was a place where I felt trusted. I wasn't micromanaged. I felt like they treated me like a human.
But this new breed of leadership of people from india, mackenzie, and this younger breed of MBA know-it-alls ruined this bank. 2 years ago something changed and it was noticeable. It's been going downhill ever since. Really good people I know who are good workers, good leaders, people who are always straight to the point and no bs, even they said it was really decent work for but it changed two years ago.
Sadly the dark, sociopathic Elon musk style leadership is taking hold in corporate America. The kind that treat employees like cattle. I'm seeing more companies demand 60 hours. The virus will infect this place more and more.
I'm not some pessimistic boomer complainer who bi--hes about everything. I always thought those type of people were annoying. The people that complain when it's good. I'm just being real with you, this place is a shithole to work for now. It's only going to get worse.
Run.
@c7 We already have that capability. Teams records your IP address so we know if you’re in office or at home. I’ve seen requests to pull logs for this reason already. It’s a manual process now.
@bd please let me know were you see 4 days a week in office. there is nothing, still only 3 badge in a day for 11 a month average
@c7 the thing that bugs the fu-k out of me about this is that they can't even get our monthly tracking for badge swipes to be accurate.
I also get going after the people who are coffee badging. I do not care what others do, but I understand cracking down on people who don't even bring their laptop when they swipe in. But the people doing 4-6 hours on the regular just fu--ing leave it alone. It's such a waste of time for people leaders to have to micro manage their exempt employees like hourly employees to make sure they're spending enough time with an arbitrary a-s in a seat.
Are we going to have to document every time we leave 15 minutes shy of that 6 hours? Is the reporting going to even be granular enough to be useful? Buh. It's just so d-mb.
USB is WF lagging by a year or so. Take that as you may but I will never recommend anyone work at USB.
If it's been implemented at WF it will eventually be implemented here. So you're trading one bad environment for another that's lagging behind by maybe 6-12 months.
@ah I posted elsewhere here that someone in ISS who is reputable in my eyes informed me that they are installing a program on workstations that will track how many hours you are connected to the office Network versus your home or coffee shop network. And that reporting will get updated to make sure you are spending 6 hours or more when you come into the office. They are also supposedly ramping up the use of sapience track what you are doing on your computer as in what websites are you on and what applications you have active. Sapience is not allowed to track keyboard strokes or screen grabs. But it can track websites you visit and what apps you're using. And for how long.
He/she told me that because he/she is on a team that reviews security for apps like that so he/she would know
This company is behind but they're not THAT behind. Leaders here are just mostly sheep that follow what the bigger Banks do. Bigger Banks set the trend and our CEO who can't come up with an original idea, just copies them.
The coffee swiping days are over anyone who doesn’t get that is in for an eye opener. We are moving to 4 days a week soon so there’s that. Also U.S. Bank pulls every trick in the book to keep from giving too many employees under a grade 14 a bonus or raise. They come up with new rules all the time to keep employees on “needs improvement” in order to not give them anything. The less they have to give the grade 13 and under the bigger their own bonuses are. So there you have.
Yeah, maybe all of that is true, but WF tracks onsite presence and now wants 4 days of 6 hours in office. USB is stuck in the Barney Rubble days where one can coffee badge and get their bonus because their manager is too busy running off the poor saps who work remote. I’ve worked for 3 of the top five banks an USB still has a long way to go.
It is no better here. Layoffs even 3 weeks before Christmas. I learned that leaders are forcing a quota of below expectations on directors. Fresh off the boat McKensey is taking over. Gearing up to hire 5000 people in India to replace 5000 people in the states. It is a far cry of what it was before 2023. Don't bother.