This is a headline from marketwatch.
So no hiring mid-level executives from within?
What, they don't think we have the ability?
How truly degrading, demoralizing and insulting!
So there goes every bodies raises and bonuses to "outside" people not you all of us that do the daily work that keeps this place afloat!
Time to speak up and time is of the essence!
They only come to pad their wallets and resume it's a stepping stone..,and the employees suffer for it.
It's not just a State Street issue but it's in our face insulting with 7000 lay offs looming and no help from Senators etc that seem to like to blow a lot of hot air but not get their hands dirty helping legit.
The problem is when they hire Managers from outside it does nothing but cause chaos for the
workers. The new Mangers want to make a name for themselves by coming up with new ideas to get brownie points. Problem is the new ideas usually end up causing more problems for the workers who actually do the work.
There was a time when SST promoted from within workers who had proven themselves worthy of a promotion. But then promotions started be given out to people who became the Bosses favorite pets.
The pets who got the easiest assignments, the pets who did not have to work overtime or weekends.
When you hear salaries in the country have gone up it is s Mia leading stat as we all know. It's because of mandated minimum wage hikes, we know wages are suppressed don't believe the lies from the left.