Don't get me wrong, I'm happy for anyone who manages to find something better for themselves and gets out of here. However, do you think attrition will continue to increase? I was overwhelmed anyway, but now that my colleague has left I'm facing a total burnout.
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@nkps+1mkQqlzD - b/c we can make you miserable enough to leave for free.
Why should we pay anyone to leave, when we can meet our lower head count goals by just sitting in our glass office and going to lunch to get even fatter with our cronies?
Meanwhile, all the suckers buckle down to do the work of 3, 4 or even 5 people.
This model is working for them. We give them no reason to change their ways.
I just don't understand why this bank doesn't offer packages. I have so many colleagues who don't mind leaving if they got a package and yet the bank just keeps them and they do nothing
About 10 years ago the bank started its plan of being a Global Technology company. Hence GTO. That started the ball rolling on collaborative spaces.
The rest is history.
Got the talk about not being seen in the office. No talk of badge swipes or vpn usage just that I need to go in more. It’s so 1984 now ugh.
“Come into the office to collaborate with your coworkers, also good luck finding seats next to each other now”
This unassigned seating bs has to be part of the plan for people to quit
Forcing an RTO will also help with your own layoff. The bank is “banking” on that. And possibly any contractors
They’re down 1,000 people- the goal is 4,000 by June.. so a bit more to go.
The real goal for the 2023 attrition farce to avoid layoffs is to get employees to become frustrated and leave because of the job freeze. They can't post out for another job at the bank. They're hoping you lay yourself off.
Ask for a package to go
I agree. Nepotism and favoritism have been an unfortunate reality at the bank, and it's disheartening to see that these factors may be contributing to the ongoing attrition. Visually, just look around the office..(look around my neighborhood.) There is no Diversity!!.. As you mentioned, the increased workload and responsibility placed on those who remain can lead to a sense of being overwhelmed and, ultimately, burnout. You would think it would be beneficial for us to collectively discuss our concerns with the HR team and push for a more transparent and fair system of promotions, hiring, and project allocations. But HR works for the company and their staffs is pretty much a revolving door.. HR is not interested in mitigation or looking to foster a healthy and inclusive work environment.. But what better way to cozy up and work with friends or family; "Social/Culture circles", regardless of their merits or qualifications.. This lack of diversity can limit creativity, innovation, and problem-solving within the organization.
The BAC economist said back in June that the economy needed to tank so corporations could go back to abusing the worker bees. He got his wish.
No. Anyone who can do better than BAC, they are gone, why stay? hoping for a package? Nope, attrition will be a slower drip than in the past in the single digits. There are retirement aged Associates hoping for a package, may happen for a chosen few but its going to be a slow wait.
That’s the plan.