AML Compliance was hit with layoffs
More than 8,300 new hires so far this year
Can somebody please explain the logic of this to me? Why keep hiring at such high levels just to turn around and lay off people a few months later? What's the point? Why not institute a hiring freeze? Let attrition do its thing. This just makes... — read more
Good people were let go (again)
My team is now bare bones. I have barely anyone left who is capable and reliable. What’s the selection logic, ffs? Do they ever look into anything beyond the cost? Do they care at least a little bit if we will even be operational? I know coming up... — read more
Not transparent layoffs
During the huddle this morning, our bank president was showered in praise for being so transparent? Transparency in what? From my view we have yet again laid off all the wrong employees. All of the all-star EMG fled the scene this spring. There... — read more
Here we go ! Layoff updates ?
Here we go
EEOC
Does anyone lurking on here have any experience dealing with this damn place and the EEOC? I am in the beginning phase of gathering all my paperwork together for a large complaint against this company and I’m curious if anybody has a little... — read more
End of Sept layoffs rumor
Do we know for sure that layoffs will be in the last week of Sept? If so, which depts do you think will be hit the most?
Hearing fraud investigation layoffs
And especially when in bank…
Will we ever be out of consent order?
And if we do how many layoffs will occur?
Sept 24 Layoff-Bank
Keep hearing this date for bank. It’s getting closer. Anyone in the know?
PTO
If I quit, do I get payout for the unused paid time off?
5 day RTO coming soon!
There’s talk happening about following amazon with 5 days in office
Hows fraud investigations
People have been interested in going there, are they out of backlog? Is it a mess?? Hows the pay??
Performance written up in Hr
Does anyone know what happens when ur boss writes u up with hr due to progress issues. The write up shows up in one source. Does this mean automatically termination or is employee given a period of time to redeem themselves. Anyone knows the... — read more
VP - IT Security Audit Termination
What’s going on with security audit? CAE announced that the tech audit leader -VP has been terminated with immediate effect.
More Layoffs?
Been hearing rumblings that another round is happening before the end of the year. Any insight?
STOLEN VALOR
Good morning, USAA TEAM. This is your reminder that USAA is STOLEN VALOR. USAA is a for-profit company that preys on the military community and our hearts and minds FOR PROFIT. Our mission moments are tools to this end. We mean nothing to EC and... — read more
Arbitration experience
I am looking for anyone’s experience with Arbitration. Did you have to pay? Did you get an attorney? Apparently we have to go through arb first m, I’m wondering what the process is like as well as the length of it. Thanks!!
Pay Day
Hello - what are the employees pay days at USAA?
Another Bank VP “Retirement”
Last minute VP retirement on Friday afternoon and an external replacement announced to be in place this coming Monday morning. Must be nice to retire on a whim. And what ever happened to NEO for executives? They need it the most.
Want to leave, looking for another job
Been doing it for a while, even expanded search beyond our subsection of the industry. No luck so far. It’s been only 3 months that I started, and I got some offers but they just weren’t good. I’m starting to panic a little bit, because the job... — read more
401(K) Match for Bank Severance
Does anyone know if they allow you to contribute any of your severance proceeds toward your 401(K)? If so, do they also honor the company's standard 401(K) match? I'm assuming not but curious if anyone knows for sure.
Unionize
Time to create a union. Management has an open door policy, HR cares so much for the welfare of the employees, and the executives sincerely want to make things better! So, talks should begin about creating a union for employees that want to join. ... — read more
Self-serving boss
Will someone help me understand why/how my ED is in a 5-hour seminar about finance for members — not member facing because she works in HR. Meanwhile, she doesn’t care that we have more ER cases than we can manage. Disgusting.
New CISO has a layoff plan
Sorry folks not to be trusted
It truly doesn't matter who it is
I don't think the new CEO will do anything to help any single one of us. Those who think this will bring change for the better are naive at best. These are corporate games and we're nothing but meaningless peons to them. So in essence, it doesn't... — read more
CEO + 4 EVPs depart within 10 months
So the CEO has announced his departure, on the heels of the Head of HR, Bank President, Head of Audit and Head of Risk departing over the past 10 months. Nearly half of the senior leadership team is gone or going. I wish them well. Hard to believe... — read more
Wayne Peacock's Legacy
Put the money aside for a moment. Can you imagine dedicating your life's work to become the worst CEO in the history of a company that's existed for over 100 years? What an incredible achievement.
Question about non rehirable
If you were let go and your manager put non rehire. HR says that it’s manager discretion, even though it was for one metric. Are you ever able to reapply?? I told HR that there is no reason I should be a non rehire as I did nothing explicit to the... — read more
Is this a Bob Davis exit moment ?
I'm getting my fingers crossed. All we need is Board to fire rest of the EMGs reporting directly to Wayne. Get a new CEO & Team. GO USAA !!!!!!!!
CEO Tom?
Why did they not announce Tom for the CEO role? I thought he was the succession plan.
Was the CEO “retired” over falling ESAT scores?
Wayne sounded nervous in the last town hall, and then this random town hall came on. In corporate America, I’ve never heard of a score that low. Perhaps the board cared most about that? Overall, good riddance. Childishly, ding-do-g the Wayne is... — read more
New CEO = layoffs
It doesn't matter who it is. The result will be the same.
So… who’s the new CEO?
With annual meeting of the members coming up… it’s only fitting to replace the current CEO.
HR Rep on All Hands
Is it normal for an HR rep to be required to attend an All Hands call?
Suggestions for a Whistleblower attorney w/experience dealing with USAA?
I went one level below Wayne to share a concern with leadership about reporting irregularities. Despite the leaders open door policy, they wouldn't meet with me and a week later I was contacted by Employee Relations. Since then things have escalated... — read more
Usaa Salaries
Usaa salaries appear to have become below current market even compared to a year ago. As a lead now if I left and came back to same title lot less pay. Whassup with that?
Help me speculate about new CRO stuff
So hear me out - why do we think that moving Bank Audit / SLOD. Etc around and into Bank is a move? What could this mean ? Not being sarcastic but what is the end game - reporting to board vs CRO I am confused - let’s all chime in ready … go … bonus... — read more