My question is why try to have a strong performance at all? Is strong performance generally valued enough here? What do you think?
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Actually $1,000+ purses are a pretty good investment. Louis, Prada, etc.. many times go up in value and you can sell them online for more than you paid for them a few years before.
The US business and banking model became a stinking putrid mess years ago. The end of the era of productive capacity - production of tangible products was replaced by service, entertainment, war, welfare, glitz, bubbles and financial paper shuffling - phony buy back - jacked up stalk market - amassing STUFF no longer produced in USSA - circa 1980ish. However, the funny money crew called the Federal Reserve was the beginning of the end. It was an entity the Founders warned us against but like a bunch of lazy , silly teens we drank from the poison cup of mind altering substance. At the point our garbage became our biggest export, when financialization and worship of living off credit our way of life - when we dealt with Fed and govt generated inflation by floating bubbles of one sort of another, when we brought in hordes of cheap and cheaper labor at both ends of the spectrum - yard workers, meat packing, nannies, and cheap foreign tech workers and scientists - it was over. Fact govt workers became huge and voted for their interests over the peons who made widgets and great washers, dryers and tools or textiles, we were over. Now younger people take on impossible debt to get into miserable paying jobs that will never allow them to pay off their debt. When housing or home ownership is increasingly out of reach for those young - they will live in folks basement gaming, doing TikTok videos and buying jeans that look as though they were mauled by a bear. Meantime the sport of choice in urban areas are flash mob theft which often goes unpunished and dr-gged up homeless living under tarps using streets as toilets. I could go on but you get the drift. About only thing a rational person can do is not have any debt, invest in useful things not $1000 purses and $500 tennis shoes. Also if you have a family homeschool, send kids to trade school to learn a useful skill, buy enough property to have a garden, and get as many useful skills as possible. I keep thinking of two insightful efforts - WB Yeats The Second Coming - **things fall apart - the center cannot hold ... Innocence is drowned out - the best lack all conviction -- the worst are full of passionate intensity... ** (1919) The other is Bad Moon Rising - Credence Clearwater Revival. Good luck - see you on the other side -- 🤔 maybe.
Raises and bonuses also seem to often be based on accomplishments that occured long ago and not in the past year.
We don’t top grade talent because it would force managers to look at reality of their buddy ‘s performance. How many times have you heard the reason to promote or keep someone is because back in the day they did this or they have this archaic knowledge?
HR is so amateur here that they don’t know how to build an organization. So US Bank will always have 3rd rate talent
In my opinion most of the trophies from other banks are fully expendable and not suitable for retention by the competing bank, their loss is USB's problem now, payments has endured countless setbacks with trophy hires, the lack of promotion from within and the dismal results and customer dissatisfaction, irritation and deconversion they have engineered.
Sekou is a joke. Checking in through company email like it's his personal social media. We don't care about your trips, what are you doing to move the company forward? Ludicrous fanboys who were hired from Chase with little to none or expired experience getting elevated. How's their numbers? Bottom of the barrel. Wow shocked!
This issue with US Bank is they don't promote of within which is a indicator they have poor leadership/hiring managers. HR can only do so much, since they are slaves to leadership. USB hirse outside who have no loyalty and fake performance in the interview. US Bank acquired real talent but don't nurture them properly and promote them. They leave to other institutions. For those that say loyalty isn't in banking look at F&M. They know how to take care of there people.
Check the boxes. That is what matters.
Talent has nothing to do with anything here. They get rid of old or high salaries first. Often, they get rid of people to settle an old score. This is a terrible place to spend your valuable working career.
Yeah because the folks from the largest commercial banks we are bringing in are working out so well. 👍
I’d rather take Sekou’s network from Chases than the the yahoos USB has promoted up over the years. Some of YOU are the reason why we’re in such terrible shape. Tenured does not equate to competent. Homegrown talent does not equate to the best talent. We’re bringing in folks from the largest commercial banks in nearly every department. Why do you think that is? Results. The company is going to go through a transformation and some of you aren’t going to make it if you’re not on board. No going back.
Most of the top talent has left. You should too, it's so better at other banks. They don't appreciate employees like other banks do. US Bank version of appreciation is sending you a meaningless email card. Lol like your in 3rd grade with a good star! It's worthless lmao!!
Honestly if your looking for career growth performance, means nothing at this company. Look at the current landscape. Outside hiring @ 80%. Hiring managers are hiring their friends or Sekou's previous bank Chase to fill spots. US Bank plan is to keep people in positions cause they can't fill your position and don't believe in upward mobility. I have never seen in all my years in HR this type of unethical hiring practices.