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The core problem with Citi is the MD gremlins.

Gremlins that instead of fostering an environment of positive growth in such a way that you WANT to be here and others from the outside WANT to be part of Citi……

You have gremlin MDs that rely on desperate people that NEED to be here. These are people who are easy to bully, manipulate and whip into servitude and long hours and sacrifice of personal time.

You can’t do that to those that are not desperate. I’ve seen quite a few already financially sound people on solid ground take a look around and “Yeah, no, this is not happening, there’s nothing here of any substance” and leave.

This in itself speaks volumes. The constant pumping out of notice after notice of “tough decisions” , “tough growth”, “hard messages”, “difficult changes” etc… is enough to deter anyone from hiring on to Citi. How do you draw in AND retain truly top talent from the outside given this environment. Sure, Citi can draw in the top talent but retaining them is another thing.


$1000 “Bonus”

I bet they shared this news when they did so they could get rid of a wave of rage-quitters before they hand out their “ever-so-gracious” 1k bonus in January. I know at the end of the year it’ll all even out, but it’s still such cr-p that our paychecks will be shorter on that first check, even with the bridge advance, due to the higher supplemental taxes.


RTO/ lay off impact

I am being laid off as a direct result of the company’s return-to-office policy. I do not live near an office and relocating without financial support is not feasible. Despite being a top performer, there has been no acknowledgment, appreciation, or even basic empathy from leadership regarding the impact this decision has on me or several of my teammates. And to add icing to this cake, we will not be given severance and we will not be given our annual bonus.This “business decision“ impacts livelihoods- kids, tuitions, rent/ mortgage, etc! So who’s getting richer off of this? RV is.

For anyone considering joining the company, it’s important to understand that people are treated as numbers, valued only for what they contribute to the stock until they no longer fit the model.


Looking for some info on layoffs

I am only a few months into my time here, and it is already sinking in that layoffs might be part of the landscape here, which has me more on edge than I expected to be so early into a new role. I am trying to get a sense of whether this is something people constantly brace for or if it is one of those things that happens in waves and then quiets down for a long stretch. I would like to know whether I should settle in and feel secure or keep my guard up because of the way things have been going lately.


Do better, with less, and less, and less

Every year they remove support services. Every year they want more. Next year we will be fixing our own computers. It will be literally diy everything (hr services, it, travel, hse, visa) oh and don’t work from home you get a roaming cube with no locker. At least it’s equitable, psg21-27. Would blow my mind being a 27 and using weeks of your annual time doing it, hr, admin services. Time value or money!


Too dangerous to RTO in the Northeast

We received 9 inches of snow yesterday and the streets and walkways are full of ice.

There will be many falls, injuries, and lawsuits as a result.

A responsible and reasonable corporation would have advised their employees to stay safe and work from home.

At least I punched the clock!


Gaslighting

Signs that you are being gaslit. Every item below happened to me. Finally left a few years ago because I got sick of the abuse, the bait-and-switch, burn-out, and out right theft of my work. Don’t let this happen to you.

  1. Expectations that keep changing
    ↳ Goals get reset halfway
    ↳ Promotions dangled, then vanish
    ↳ Yesterday’s "great job" becomes today's "not enough"

  2. Work that feels meaningless
    ↳ Endless decks no one reads
    ↳ Projects with no impact
    ↳ Work hard, feel… empty

  3. Leaders who disappear when it matters
    ↳ Present for wins, silent during chaos
    ↳ Emotional distance dressed as "professionalism"
    ↳ Absent in moments that count

  4. No space for real conversations
    ↳ Feedback feels like formality
    ↳ Honest talks are risky
    ↳ Everyone smiles. No one speaks truth.

  5. Invisible efforts, visible mistakes
    ↳ Wins are "team effort"
    ↳ Mistakes? That’s on you
    ↳ Your hard work becomes someone else's highlight.

  6. Leaders who fear strong voices
    ↳ Challenge is mistaken for conflict
    ↳ Assertiveness punished as “tone”
    ↳ Quiet compliance gets rewarded

  7. Promises made in hiring... quietly broken later
    ↳ Career growth, autonomy, flexibility
    ↳ Turns out: deadlines, control, and burnout
    ↳ No one explains the switch

  8. Recognition becomes transactional
    ↳ One-size-fits-none awards
    ↳ “Thank you” only in slides
    ↳ Praise wrapped in KPIs

  9. Wellness preached, burnout rewarded
    ↳ Meditation app, but no boundaries
    ↳ Rest is guilted
    ↳ Stillness is seen as slacking

  10. No one asks: ‘What do you need?’
    ↳ Assumptions > curiosity
    ↳ Fix the task, not the tension
    ↳ Support feels like a script

Great people don’t leave because they’re weak.
They leave because they’re wise.
They leave when staying means self-betrayal.


Friends

I worked in Silicon Valley for years and years. What I found was that most people I worked with, who I thought of as friends, were actually not.

After I left work, I found that the people who I thought were my friends, were actually just people who had lunch with you to keep you as a contact. As soon as you are no longer in the workforce you are no longer worth their time.

Perhaps some of that is my own fault. Perhaps I should have spent more time cultivating friendships with different people... maybe not tech people? Not sure.

I suspect that outside of Silicon Valley things are a bit different. I have relatives that worked in tech and lived in other cities and did not seem to have the obsession with money and the next thing that would bring them more money. They were more focused on family.

The only thing that matters is the family around me. Their safety is pretty much the most important thing. There is nothing else that matters more.

It's very important for me to ensure their safety.


No surprises here

The regular drumbeat of cuts has had a damaging impact on morale as staff become accustomed to the ever-present threat of losing their jobs, sources said. Co-workers regularly vanished from Slack without much, if any, explanation, sources said, with staff often only finding out when former colleagues post about being let go on LinkedIn. Shopify did not respond to a request for comment.

https://thelogic.co/news/exclusive/shopify-layoffs-morale/


The New Verizon - putting pieces together

Here's what I've gleaned so far and I'm certainly hoping the new year will shed some.real light on things. Please feel free to add anything I may have forgotten or missed.

So Dan comes in and touts himself many things, including an authority on AI, even so much as smackin coffee lips about it at the white house.

He's uber excited for this "new Verizon" that will be scappy and non-bureaucratic, with inital claims that no other carrier will be able to easily replicate what we're going to do.

To accomplish this mastery of his mind, we obviously must have massive cuts to fund the multi-billion dollar mystery venture.

And how amazing it will be that we will be willing to miss paychecks and/or bonuses with a smile on our faces because when it's all done, it'll be the single greatest moment of our careers that we'll remember for all of time

And so far, this has consisted of a mega layoff, a declaration laden in hypocrisy that our culture must shift to starting meetings on time so we are no longer sloppy, and a story about a cancer patient who was allowed to break contract, implying that delighting our customers mean we will now be more giving to all who want/need special cost-related provisions.

I fail to see the connection. In fact, as I typed it out, I felt an overwhelming sense of nausea come over one me. Something doesn't feel right.


Pay for Travel

So I am one of the people who was home based before and I guess I have to go to the office now until I find something else. Am I going to make more money? Being HBA means I don't have to pay for gas, daycare expenses for two under 5, even food since I can cook at home. Some companies are paying people in the office more money. Is Jones going to do that? I don't get how this benefits me if not. Still having 60% of the office at home but forcing us to come in makes no sense unless there is a financial benefit.


If I quit and go to a non- direct competitor, will I still be put on garden leave?

The culture and new management in this company have become so toxic that I cannot stand it anymore, and I am planning my exit. I know some employees have left to non-competitors and they were still put on garden leave, but does that happen to everyone? Have there been situations where the whole notice period needs to be served?


Let go this week

So myself, along with a few others I know were let go earlier this week. We were told it was because we were being ranked “below expectations” even though NONE of us ever had a bad rating in the 10+ years we all worked there and after our Mid-Year reviews, when we were marked trending towards BE,discussions were never had with us on how to bring those ratings up. I know that this has become the trend around BNY the last few years and it’s how they try to justify things. When we were let go(we were in different departments in the bank), we were told that we will remain employees of the bank throughout the end of the year, the we will receive a separation agreement letter from HR about staying as an employee for 60 days, through the end of February. And we will receive pay for the final 60 days. I am not sure if this is what they’re considering severance pay or something else. Not much information was given and any questions asked were left unanswered. Everything was told to me by my manager and I had zero communication with HR to this point. Has anyone else also experienced this recently? If this is severance, I’m not sure how it is calculated. I was always under the impression that severance pay was 2 weeks for every year you worked, up to 20 years, but maybe I’m wrong. Will I have someone from HR reach out to me prior to receiving my letter? I had the mail courier show up at my house yesterday with 2 empty boxes to ship back my laptop and monitor. If anyone else has been dealt with this over the last week or recently and can give further guidance on what to expect, that would be greatly appreciated as we are left in the dark here. A few of us were fully WFH and some of us were Hybrid. Thanks for the info.


Should I aspire to finish my 10 year career at PepsiCo?

When I started here, most of my mentors told me this was a great place—pensions, growth potential, the works. Now, everyone who's still left is straight-up telling me to GTFO. The plan seems to be constant reductions. What used to happen every few years is now hitting 2-3 times every 12-18 months."

Oof, that sounds like a classic case of the ship slowly sinking while the band plays on. If the veterans are all yelling "run," it's probably time to listen. Update that resume quietly!


No base raise for "Agile Roles" in ET?

Squad leader here in ET. Good shares (>1000), Bonus (~100%) but zero raise. I was told "Abby mandated no base raise for agile roles in ET" but I'm not buying it.

Any squad leads, scrum masters and chapter leads in ET can attest to the contrary?

Even all agiles roles in ET got no raise, we know it's not the case in other BU. So it's most likely from the bean counter Bill.


Could Honeywell management and board be working on a transformational deal? Elliott won't be quiet for long.

The silence in Honeywell is concerning. The more I think about what is coming next and seeing how much staff cuts are happening, a shrinkage is inevitable. There are only two paths that seem possible:

  1. HON LT and BoD already have some transformational M&A of some type of a mega merger or mega acquisition in the works to shape the new narrative, or
  2. Focus on the Aero split just like GE did and then handover Honeywell to a new CEO to drive the next phase of transformation to a different company.

What do these mean for staff? What else could happen next?