Incentive pool funded at 120% and merit at 4%. Both are significant improvements from years prior. Likely too little too late, especially after last year. Still expect a bloodbath in early March.
What kind of employees do they want?
Increasingly, I think the US Bank does not want happy employees, which would be common sense because happier employees are more productive and better employees. But no, they want employees who have been undervalued for so long that their... — read more
Where are the best places to apply to?
I’m on a team that’s draining me and I’m starting to look for opportunities outside the bank. Any ideas good places to apply?
Manager is a bumbling buffoon
So many managers have gotten their position due to the sheer amount of time that they’ve been with that bank. My manager has zero idea how to manage people, piles on useless work with zero direction, and couldn’t make a decision to save his life... — read more
Voluntary layoffs
I'm hoping against hope the bank decides to offer voluntary layoffs with decent severance sometime soon. I'd leave on my own but finding a good job at my age with half-decent pay is harder today than it has ever been. I'm just a few years away from... — read more
Almost everyone I know hates their job but is too scared to leave
That’s how they keep people here with low pay, terrible raises/bonuses, and toxic culture. They know they can treat people like cr-p and most will still be too scared to leave
Even small banks pay more than US Bank
I've been looking for a way out and I've gotten several offers. Each came with higher pay than I get here after four years with the bank. I'm still not sure which offer (if any) I want to take since all of them require relocating, but it really bugs... — read more
US bank return to office plan run by id--ts
https://www.startribune.com/january-reawakenings-for-downtowns-dashed-as-companies-postpone-return-to-office-dates/600131076/ US bank still refusing to allow people to work from home while omicron is spreading wildly …why add on additional stress to... — read more
This is the new normal
office politics low pay compared to industry standards and low pay increases extremely restricted mobility and growth cuts are omnipresent competitive instead of cooperative environment awful communication terrible leadership ... — read more
USB could care less about employees
Whether someone is loyal, hardworking, talented, engaged........ here it has become irrelevant. Is there anyone who actually feels valued here?
No update on return to office
Seems like no one knows what’s going on…why is US bank always the last to do everything? Literally just wait for all the other banks and follow their lead. I guess US bank doesn’t give two shts that people need to rearrange their schedules only to be... — read more
Shall I not join US Bank?
I just came from another fintech layoff and looking at a US Bank position which sounds interesting. From looking at this website, it sounds like the company could be in a similar mess. Is that the consensus here? Is joining a bad idea, are benefits... — read more
Lazy coworkers and incompetent managers
Anyone else’s team full of lazy people whose work you have to pick up because managers are incapable of managing people? Literally you get punished for being competent because more work gets thrown at you while the lazy coast. And then at the end of... — read more
Merit at 3.5% is….laughable
Overheard that they are planning 3.5% merit…is this supposed to keep employees at US Bank? We are in the midst of great resignation and you can literally get 15-20% increase elsewhere and work remote.
U.S. Bank CEO issues apology after 5 INVESTIGATES ‘Banking While Black’ report
The head of U.S. Bank is now apologizing for what is being called a classic example of “Banking while Black” after a customer was accused of fraud and put in handcuffs while trying to cash his paycheck. As 5 INVESTIGATES first reported this week, a... — read more
Forced return to the office
So they’re forcing everyone back in the office with zero regard for employees…Us bank has long been out of touch and it’s clear they don’t care
Promotion, titles
Many say that there’s no real compensation tied to promotion and titles, but I wonder if the promotion helped anyone get a much better job elsewhere? If so, then it is still worth the effort to get a promotion. Just sayin'. I don't like people who... — read more
RTO Anxiety: Facing Fake Co-Workers Never Called Since March 2020
What may make me join the Great Resignation parade is not the job or the quality of work. It's the thought I had co-workers with who I shared lunch, professional and personal conversations with suddenly forgot who I was after March 2020. I have... — read more
Under valued
Seems like at US Bank every quarter workers that do the bare minimum are promoted to Officers, Assistant VPs, and VPs. While the hard workers go unnoticed.
No PBP, No Severance and Vaccine Mandates
Since these notifications came out and all the chatter around it at least 30% of the department is ready to call it quits. It’s a complete sh-t show at US Bank. Good luck replacing that many people.
I hope to see a worthwhile promotion one of these days
What we're seeing right now and what we've been seeing for the past several years is mediocre employees with top-notch brown-nosing skills take all the available promotions. This has both created a whole layer of incompetent managers and prompted... — read more
Vaccine Requirements
Prior posts have this former employee wondering: what's U.S. Bank doing for the vaccine requirement debacle? Is there a deadline for current employees to get the covid vaccine? Are they ignoring it and hoping things go away? If memory serves, the... — read more
Email went out to remote workers to attest vaccine status or face disciplinary action
I'm a U.S. based 100% remote worker and receive a frightening email today. If I don't attest vaccine status (confusingly, the email didn't state which vaccine), I will face disciplinary action, lower bonus, etc. You'd think that an email sent out... — read more
PFM Asset Management integration
As we transition to US Bank, any words of wisdom to those of us concerned with our futures?
Positions that are less and less needed here?
That is, the ones that are least safe here. Which positions are those? Thoughts?
US Bank Layoffs 2022
Is this going to be an interesting year as it relates to US Bank layoffs? Any chatter, news or rumors?
Everything looked much more professional
I may have become too bitter over the years, but I think everything was much more professional in the past. Where has all the professionalism gone? It is as if the standards have been lowered to the maximum. I just hope to go into retirement before... — read more
USB couldn't care less about us
Numerous frustrations arise precisely because many are reluctant to accept the fact that USB does not care at all for its employees. I don’t remember that USB has ever, by any means, showed that they cared about us, or at least for a few of the... — read more
More in November?
After the usual October layoffs and what's coming on November 1, can we expect more next month or will that be it?
TOSSed SALAD!
The TOSS Management Ingelligencia are up to some of their old tricks! I've heard some older folks are suddenly "Retiring" whether they planned to or not. One that I know personally, can't be reached for comment... I think I can smell NDA... — read more
So...is USB finally hanging on to their experienced work force in the wake of nationwide hiring woes?
No activity on this site in the infamous first weeks of October tells me that USB TOS is hurting from all the outsourcing and annual cuts of experienced technical workers. This latest debacle acquisition probably has everyone left there, working 60... — read more
October 1st was announced layoff of call center employees
Wonder what other departments are let go that we don’t know of. I bet there were plenty announced on October 1st and more coming. Happy holidays USBers
No outbound calling department
It’s official - no Outbound department effective 11/01/2021. Andy Fuckere at it again ….cut throat.
Will USB require vaccination for employment?
Thoughts? Will you get the vaccine to remain employed?
Target groups
Is it true that those who haven’t been here much longer than a year are also just as likely to be targeted for cuts as are older employees with years of experience? That's what I heard from several colleagues.
Class Action Against US Bank
The law firm Izard Kindall & Raabe is investigating whether US Bank is underpaying retirees who are collecting pension benefits. If you left US Bank and began collecting a jo--t and survivor annuity from US Bank in the last 6 years and want to see... — read more
Acquisition RIF
With the acquisition of Union Bank, are there any RIFs expected? Usually with M&As, leadership inventories human capital and cuts out redundancies…
Thoughts On USB Requesting Personal Info
So, I know it's best to leave USB as quickly as possible. I've had multiple people retire early and tell me to leave immediately. I've noticed they've started insisting on having personal information, vaccine status as well as personal contact info... — read more
October is coming
We must be about 4-5 weeks from the next round of layoffs. What are folks hearing? Any idea which areas will be hit? Expecting the TOS s--t show will get hit as they continue to get rid of Americans and hire more from India.