Fund Services management has instructed us to give positive Peakon scores (9s and 10s) because the Peakon scores will be part of their performance reviews. They don't want to look like things aren't going well especially as the scores go further up through the company. Are other groups also getting that direction from their management?
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The whole Peakon thing is like a Saturday Night Live skit at this point.
It just a microcosm of how completely awful this country is now.
Our senior management told us that it was unfair to give low scores without raising the issue first.
In unrelated news, anyone raising concerns has been terminated.
There are no leaders at BNY anymore, just followers.
I used to ignored the surveys, after all this P-M reorg I gave very low scores and wrote a few comments. I know they can tell who wrote them and I don't care. Next thing I know, theres this MD writing comments to my comments left and right...it felt like the person was saying I know what you did....lol...bring it on..I.DO.NOT.CARE.ANYMORE.
No, I believe that the true reason for Peakon is to measure our misery with a goal of getting us to leave on our own to save on severance. The more misery the happier management is.
always give the highest rating. Don’t want to lose my job.
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Then you’re part of the problem. If you’re worried that you’ll be retaliated against at least don’t fill out the stupid survey.
I blast these imbeciles every survey.
I always give the highest rating. Don’t want to lose my job.
Totally disagree… I believe that leadership is trying to drive employees out with no SUB and Peakon allows them to get a measure of our misery.
Peakon me peakon you
Peakon all the whole day through
Give the answers which are expected
Unless trying to be ejected
This is true. A few years ago my manager told our group that we were to answer with high numbers. Answering with a 7 would not look good. I of course answered (when appropriate) with 5s and below.
BNY upper management never wanted to hear the truth about the company.
Even better in 2023, multiple managers told me and a co-worker to charge hours from one project to another. I mentioned that this would be a fireable offense. I was then told 'this is what they were told to tell us'. Am I to believe upper-level managers were actively wanting us to lie about hours charged? Or were they really attempting to trick us into being fired?
This is truly the way of BNY.
Maybe, when you complete your Peakon Surveys, you should force rank your managers! Identify at least the bottom half of the management in your Org Chart as "below expectations". You'll be helping the bank trim the fat!
You’re going to have ample opportunity to rate up and down this year. If you are a lousy employee or manager, it will come out in the wash.
@nll As a manager that’s exactly what you SHOULD be doing in your reviews. Giving honest feedback. If you’re not, you’re a lousy manager. But you also shouldn’t wait until mid year and year end to be giving honest and constructive feedback. It should be constant, and meaningful. And the goals should be SMART and SIMPLE. Google it if you’re not familiar with either acronym.
@nll You sound like a sh---y manager with the inability to motivate your employees, for starters. Not entirely your fault, the bank has failed to give managers any type of leadership training whatsoever. Unfortunately, you probably never should have been put in leadership role to begin with based on your attitude. This is not a skill that can be taught. I would suggest requesting an individual contributor role so the bank can fill your position with someone more capable.
Managers at Clearance and Collateral Management ( CCM ) told us that if we give them peakon scores of 9/10, they will give us more bonus.
@pyc+1tcyYT6R - sure thing because disgruntled employees should have that much impact when leaving feedback cause they didnt get their way. If tgats the case, as a mgr , id like to fill questions out pertaining to my staff and have it part of their review . Half my team would go bye bye based on pure laziness and their inability to retain information needed to actually do their job
“I trust I can openly discuss problems with my manager”: 1
“Expectations are clearly set by leadership”: 1 - execs tell me to peakon honestly but my direct management tells me otherwise
Fight stupidity with honesty
I'd tell them to just fill it out them.
"I'll log into the survey and you can come to our collaborative workspace (my cube) and complete and submit the survey.
I’d call the ethics hotline on that, that’s certainly unethical behavior. Peakons are a joke, though.
I think it would be great if Peakon feedback is incorporated into manager reviews. There should be accountability for under-performers and praise for those that are outstanding.
I don't trust the Peakon surveys one bit. In our team it would be fairly easy to identify the person giving the feedback which is why i unsubscribed from recieving these emails.
Is your management team performing at levels that warrant a 9 or 10 rating? If yes, then by all means rate them their just due. If not; then rate as you, the employee sees fit. Remember to give constructive feedback as to why you rated as such and offer at least a solution or two on how/ what needs to be improved upon. This "coaching" on how you need to rate them (9 0r 10) is skewing results and degrading the purpose of the Peakon tools. It's also unethical on managements part and borders on fraud/ unethical behavior with a whiff of quid pro quo. Things will never get better for as long as they stay the same! Remember to live small and dream big my friends.
They're totally defeating the purpose of Peakon. The idea was to measure employee engagement and satisfaction. My director was always clear in saying that it's okay to give low scores when you're unhappy, but those low scores needed justification. I also worked for one of the good ones.
That is hopefully not widespread. But you don’t have to do it. The numerical scores are completely anonymous. Wouldn’t make any comments, though.
I think Peacon surveys have no merit because I cannot answer honestly.🤐🤐