Thread regarding JPMorgan Chase & Co. layoffs

How to protect yourself from PIP?

An excellent way for the company to get rid of you without paying your due severance.

How can one protect oneself from this unethical practice???

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| 10743 views | | 8 replies (last June 14, 2020) | Reply
Post ID: @OP+VjMgZrl

8 replies (most recent on top)

Friend got put on a 30 day PIP? It’s a really short amount of time to show improvement. At this point he knows he’s going to be laid off. How do you get around this?

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Post ID: @a9wlz+VjMgZrl

PIP'S at Chase are impossible to overcome. They do not judge you by a Quarter, they do it on a rolling 90 days in mortgage origination. One bad month and you are pretty much guaranteed a write up. Once you get one, it's for 6 months! Any issues and it's a written warning. That is pretty much 30 days you are out. HR is in control of it and management is given written scripts to use. If anything negative is said by an employee, they are called by upper management immediately, that is to keep everyone else quiet. They wanted rid of 30% of the sales force in 2019 to meet budget. They cut compensation. They put the pips in place. Now elimination of entire state of Wisconsin. No pricing exceptions, and increased rates. This just scratches the surface. If you are in origination in the Midwest, you better be looking for a job.

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Post ID: @4bujl+VjMgZrl

You must be talking about Scott Brown, are you?

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Post ID: @Bqqa+VjMgZrl

PIP IS A TOOL USED BY INCOMPETENT MANAGEMENT, e.g: those with not college degree, personality disorders. and low self esteem.

Any accomplished professional does not need such tools to help their teams thrive.

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Post ID: @2zni+VjMgZrl

PIP also locks you out of any chase bonus or raise no matter how small. There is no fighting it since HR is consulting your manager every step of the way. Take the opportunity to do the least that you can to remain employed during PIP and find another job with your time. After you find a better company to work for you will be surprised that you tolerated the disdain Chase has for employees as long as you did.

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Post ID: @2ygg+VjMgZrl

Try this search:

https://www.google.com/search?q=PIP+site:thelayoff.com

Also - here are some previous posts on this topic:


Anybody survive PIP? (Humana Inc.)

@QsMn7fY


PIP equals firing (IBM)

@PlQ3zjR


PIP - Gone in 30 days? (IBM)

@PePX0M3


Performance Improvement Plan: Layoff chances? (Cisco)

@OteIodK


Performance Improvement Plan(PIP) (Walmart)

@Qgx4woj


Has anybody actually tried to challenge a PIP? (IBM)

@PBy4WxH


Qualcomm is asking me to sign a PIP agreement. What should I do... (Qualcomm)

@EROjxvb


PIP (Honeywell International Inc.)

@RWHQNJK


PIP (IBM)

@TwmgVxi


PIP (Qualcomm Inc.)

@RRnU7Fm


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Post ID: @2uop+VjMgZrl

PIP is a management weapon, if they are using it they want to take you out. And you will be taken out. Also, do not think HR is your friend, they are not - they are here to protect the management.

Good luck.

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Post ID: @2hof+VjMgZrl

You Can't, at JP MORGAN the Hierarchy Every Employee Tends to Rise to His Level of Incompetence, just take a close look at your HR representative or your current manager. Next question...

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Post ID: @1ynh+VjMgZrl

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