Wendy Stewart (yuck) confirmed it today on a presentation call. Starting in March, it’s 5 days with 5 floaters a month. So, in typical arrogant banker talk, it’s more confusing than needs to be. It’s 4 days for 3 of the weeks in a month, and 3 days for one of the weeks, via the 5 floater days.
This place truly does su-k. No raises. No bonuses. Just cr-p.
@1ts Good point on testing before company wide rollout. I wonder if holidays count against the 5 days allowance. Also, what about vacation/sick/personal days? The way BOA policies have changed since RTO, I can imagine any time off will count against the 5 days to minimize time WFH. Time would also be needed to test HR's updated 6 week report.
I heard they use GCB to test things before they roll it out. For example, they used GCB to test the sabbatical program before they unveiled it so I'm sure that's the deal here. They will test this out and see if it runs smoothly then roll it out to everyone. It's coming, not sure when but it's coming soon.
@1r7 can you elaborate? What have you heard?
Global Commercial Banking
Not unique to this LOB.
Prepare thyself.
This will eventually expand to more LOBs. The simplest explanation is "cost control". Corporations are looking to reduce head count, and the easiest way and cleanest way to do that is through "natural attrition".
Why in office unless it's ATM sure.
Just make it 5 and let’s all move on with life. Easier to get things done in person anyway.
Is this for everyone? Or does this 4 day rule only apply to non Indians from a certain caste?
I don’t really mind 4 days for 3 weeks, 3 days for one. I mean it is a pain to do, and totally useless for my role. But what I can’t stand is the reason for it - that we’re all better when we’re together. 2022 was the most profitable and productive year in the history of the bank, records smashed all over the place for us in nearly every department, and yet, we were all at home. So this excuse they use, is simply not accurate, which should be no surprise to anyone considering where we work.
@f9 if you don’t know GCB, you are not from here.Let me give you a hint G* C* B***
What does gcb stand for again?
Too many similar acronyms cbk- gcb - gcib
I heard starting 3/1, it’s 8 days a week in the office , 36 hours a day.
GCB which Wendy runs
What LOB?
LOB specific
@OP is that by division or company wide?