Q2 coming up in the next few weeks. The grapevine is saying Directors/Managers are being pushed to call out low and average performers and put them on PIPs. If true, going to make Q3 and Q4 interesting as far as staffing goes. Interesting way to get... — read more
Aren’t we overdue for an employee meeting?
Seems like it’s been quite a while since the last one but maybe I’m just losing it. Can’t wait to have more smoke blown up our a-s about how great the company is while morale continues to tailspin.
Rot from above seeping down
Copying this from someone else's comment as it really hits home for me.
June 20 Layoffs
Anyone else hear this date mentioned?
Too much silence
From last couple of days I am seeing too much silence in my team.. even very less folks join the scrum. Something fishy !
Hybrid Postings!!
They really need to stop being so damn misleading in the hiring process. They lied to so many of us with bait and switch. Now, they are posting roles as hybrid. I am sorry but 4 days in the office is not a hybrid role.
Merit pay increase is not even close to the inflation rate (4% average across the board)
Wayne was so proud when he announced that all employees (on average) was awarded 4% merit pay increase while pocketing 157% increase for himself. NOTE: Our merit pay increase is not even close half of last year’s inflation rate of 8.58% while his... — read more
How do you leave when you love your team, but know the company doesn’t align with you?
From a long term perspective, the company is not it for me anymore; I’m not coming in 4x a week. And yet, I really like my work, my manager, and team. It’s been hinted strongly that I’ll get a promotion and I’m doing interesting work, but I’m... — read more
Salary negotiation
I'm curious how many of those who were rehired managed to negotiate a bigger salary? I doubt that many of them did because I believe that only those who did not find any alternative in the meantime returned here.
Take My Advice
Don't give USAA 100% of your effort. This company doesn't deserve it. USAA used to deserve 100% of your effort. The folks that calls themselves senior executive leadership now give zero respect to employees and deserve zero respect in return. I have... — read more
"If I'm Going To Be A Partner In A Law Firm... "
I can't help it! There are so many terrific quotes from Legally Blonde that applies now. "If I'm Going To Be A Partner In A Law Firm...I Need A Boyfriend Who's Not Such A Complete Bonehead." If I am going to be the best engineer that I know that I... — read more
Can this be true?
They are also reaching out to employees who previously left USAA and offering them positions as they are laying people off. Wrap your head around that. I just read this in one of the older posts and I can't believe it. Can this really be happening?... — read more
Minimum % for each AVP to be placed on a PIP
Endgame = force attrition? Tee up partially meet or DNM ratings to reduce or avoid paying bonuses?
Worst CHRO USAA has ever had, or worst CHRO ever?
Many posts here say bad things about Wayne. Most are true and he deserves all of them. But he never hit his full strength until Tamla. With her to activate all his evil plans USAA went from not caring about employees to trying hard to scr-w them... — read more
AML/KYC
My boss told us today that management was given instruction to give employees PIPs if performance isn’t met. That sounds to meeee like lay offs are brewing and they’re weeding people out first
Impossible to relax
How can I relax and focus on work when we all know that there will be more big layoffs? If at least we had some any insights when they will happen, how soon?
Post feedback
Is it just me or does it seem that most of the post feedback entries are soooooo vague that i dont even think that management even know what these people are even talking about. People need to remember, ALL of usaa reads it and your name is on it.
Manager encouraging 4 days in office
Although technically we aren't required to do 4 days in office until January, our manager said it would look better on our Q3/4 and year end reviews if we started logging 4 days in office. It's bad enough I was hired as a full WFH employee but since... — read more
THE LAST STRAW
So now I read that one of USAA’s third-party centers has exposed member information in a breach and I mean ALL information! I previously moved my major savings account from USAA and canceled my insurance because that was a train wreck but now I’m... — read more
LONG TERM PLAN
I think if you’ve ever been employed at USAA, then you should realize that what is happening now is that executive management has determined that they can replace all full-time employees with contractors. They don’t have to pay benefits, such as... — read more
Layoff CONUS Remote Workers
The only remote exception should be for military spouses. Otherwise all CONIUS remote workers need to be laid off that were not remote prior to the pandemic. If my remote exception has been denied, why does someone else get a pass because things... — read more
ESSP Townhall- word salad
Served up by our very own Jodi Cherry - I forgot my captain crunch decoder any help here ?
The two banks are merging
Wikipedia says “Usury is the practice of making unethical or immoral monetary loans that unfairly enrich the lender. The term may be used in a moral sense—condemning taking advantage of others' misfortunes—or in a legal sense, where an interest rate... — read more
It is a challenge to reconcile this with any discussion of how employees will be supported.
August 2021 employee meeting, “we over invested in the employees and will now align with industry standards.”
Why is everybody so scared to make a change here?
From the bottom to the top.
Thank You For Shedding Light on USAA
After leaving the military, I worked in P&C IT for over 20 years. The company sold the P&C LOB to another before I retired. While working in the LOB, management would falsify timesheets by providing excel spreadsheets with project codes and... — read more
Cancel the Holiday Parties
With the layoffs that have occurred and with at least 2 more massive layoffs upcoming before years end, along with the company posting it’s first ever loss in 100 years, to go along with employee morale dead, there is no point in having the holiday... — read more
No regrets.
Left about a month ago after 11 years of being there. While I had a ton of reservations about leaving, happy to say zero regrets. I am stress free and making about 12k more, doing about 75% less work. I am valued as a person and still remote. Not... — read more
Don't mistake presence for performance
To all the companies calling people back to the office full-time: Don't mistake presence for performance. Showing up is not a sign of commitment or contribution. It's an act of compliance. What matters is the value people create, not the place... — read more
Everyone mostly just milking the company
It wasn't like that before. I remember a time when people really tried to give their best and add value here. What I don't understand is why those in top positions tolerate it, they know that many here are just milking the company, but they are not... — read more
Why do some think that they are at the mercy of the organization?
There will always be layoffs. Best you can do is take control of your career and stop believing that you’re at the mercy of an organization. This is your life. Focus on building multiple streams of income and you’ll be fine. Quoted... — read more
I am done with these people
"We shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight in the hills; we shall never surrender, and even if, which I do not for a moment believe, this island or a large... — read more
"Build a strong sense of community as we embrace RTO"
Yeah, that's part of a sentence sent in Amala's email today. First, who is this "we"? And what is your definition of embrace? I'm seeing that embrace as being a hot cattle prod poking you in deez nutzz telling you to get back to the office and love... — read more
Phony PIPs
What is the best way to contest a phony PIP? Does anyone have successful examples? Are PIPs scrutinized and evaluated by ER before they go live?
Work on yourself
Now is not the time to become complacent. I think everybody and their mother should be aware by now that job security doesn't exist at USAA and it's only a matter of time before we hear about more layoffs that might affect any one of us. Knowing... — read more
Cut Wayne Some Slack
Has anyone on this website ever walked a mile in Wayne's shoes? Look at what Wayne has had to deal with as the CEO of USAA: CEO tenure starting during worst pandemic in over 100 years $85M fine from the OCC in 2020 $60M fine from the OCC in... — read more
Influx of PIP’s?
Hearing more and more rumors that there will be an influx of Performance Improvement Plan’s given to low performers (bottom 2X%) during mid-year check ins. Anybody have any insight? Would this allow USAA to get rid of people without paying severance?... — read more
How happy are you at work?
If the answer is anything but 'very,' then why do you stay?
I wish somebody would buy USAA
After the death spiral we've been in, I think that's the only way to improve things around here. Even if it comes with layoffs and I'm among those who are sent packing, I'll deal. I just want to see the C-suite shown the door as well for ruining a... — read more