Does such a person exist?
14 replies (most recent on top)
A lot of us still have engaging jobs that are interesting! It's sad if you don't.
Anyone still working at DST is either brain dead, enjoys abuse, or is just there for the bennies.
If you are 55 or older and make decent money and get No Bonus and No Stock Options that means your A$$ will soon be out the door. The PLACE $UCK$
F*** this company. My bonus was an absolute joke, never working past 8 hours/day again for this Sh–show. Hopefully I’m gone sooner rather than later.
I don’t understand why people put up with DST/SSC. They never took their employees seriously, annual reviews were an absolute joke and the didn’t really happen every year. Most of the time, I did my own and then spent 5 minutes with my manager discussing, and then another few minuets discussing why my raise was basically nonexistent even after I far exceeded my previous year goals.
This place is a joke in so many ways. They keep their foot on your knock and do not allow you yo grow in your position.
Coming Soon Again. Same Sh*& different year.
SS&C Bell Curve
Performance Rating 5 - Bell Curve 10%
Performance Rating 4 - Bell Curve 25%
Performance Rating 3 - Bell Curve 50%
Performance Rating 2 - Bell Curve 10%
Performance Rating 1 - Bell Curve 5%
So management has to find ways to screw employees over to get there 15% poor performers who are not actually poor performers but the older employee with a larger salary.
Sounds like to be an executive to get rich at DST you could be stupid and have very little knowledge of the company or how to do much of anything but knew how to s— up so good and bs there way to the top. Amazing that is why DST throws more employees out the door every single year as all the money goes to the top. VERY SAD!
If you use Edgar, a financial database, then you could see the options and awards for several people over the years. They are billionaires. Now they may keep it to themselves, or hold it in securities related to the present owners of DST. It used to be that Yahoo finance had insider info about their stock sales as required by the SEC. Those figures showed the total shares they owned in DST. I am sure many also owned shares in other stock not required to be shown (like Apple or Amazon etc). But based on those figures several were billionaire off DST stock alone. There are about 20 billionaires in Kansas. Some owned Pizza hut, some Koch industries, some Hallmark owners, some AMC shareholders, Cerner, some in real estate, some own large law firms worth a billion in private stock, some own founding American Century "stock", some in Country Club Bank, several are Bitcoin early adopters. Just because Forbes doesnt list someone as a billionaire doesnt mean they are not one.
There are 6 billionaires in Missouri and 2 in Kansas. There are 614 billionaires in the United States. They did not come from DST.
I wonder what you are smoking. Possibly Tom & Tom made a billion. The trader Hooley may get half a billion after he sold out every employee at DST and walked with his golden parachute of millions. There is no way anyone left at DST and still working is a billionaire. God knows they sure the hell would not still be in this Sh&t hole with that much money. So don't sugar coat something that is now a pile of Sh&t since the Hooley days and now the SS&C buyout.
There are certain people enjoying DST - both retired and current, who through deferred comp and awards, will (or do now) have over 1 billion dollars EACH from their employment at DST. Do not forget every year the KC Business journal listed the highest paid local executives and DST execs were always at the #1 through #4 spots. Yes some of the guys you passed in the halls and credited with "computerizing recordkeeping" are worth well over a billion dollars personally and it came from your effort. Computerization happened worldwide and it certainly was not due to DST's employees. It was IBM, Microsoft, Oracle etc that did it. The billionaires from DST could not code 1 line of Cobol. Most couldnt even change their passcode on their voicemail when it was setup, from "DST" to another word. They had to get the assistants to do it. Or left it "DST" forever. Which was a security risk. But they are rich. Earning over $400,000 a month in interest and dividends on their fortunes!
I presume Bill Stone and all his top over paid executives enjoy DST. Of course some of the directors who have always kissed butt are still happy taking in there big salary and bonuses. Lots of them still out there. They have no problem letting employees go as it is more money for them and will just yell at there current workers to get more done and work weekends if you have to.
This used to be a proud Kansas City firm that I was proud to work at. Now I am just coasting to retirement doing the minimum.
And in case it's not clear, that person is certainly not me.