Fidelity pushed the non-tech to tech roles during the pandemic. Then finally someone realized it’s better to pay more for people who know what they’re doing.
Next cut will be managers who aren’t qualified and have been in their roles too long. Weak managers cost the firm too much, it’s not just one expense, but there’s a serious ripple effect.
Culture comes from the top down and when the top are filled with people that only have one brain cell, the rest of the company takes a hit.
No way… There is zero tech vs nontech validations done ever for managers. Welcome to reality. L3/4 know they can assign few h1b principal engineers who can work day and night to make things happen and make this non technical manager shine.
ALL managers who have been in one role for a long time should be gone. They are a huge impediment to improvement or any type of change. They want to keep doing what they have been doing exactly the same way. Senior management should challenge those people on why they are not growing and learning to contribute to the success of the organization.
I mean we all know why they pushed non tech to tech roles during covid right?
@a7 this is a new one, pathologizing managers who have escaped poverty and therefore only promote poor people. Groundbreaking realization there. Please tell me more.
My function can’t be fixed. The head of my department has a huge chip on his shoulder because he grew up poor, so he pulled people that don’t trigger his imposter syndrome. All of the managers except like 1-2 would need to be moved. This goes all the way down, even HD doesn’t know what they’re doing.
I heard this problem doesn’t exist at vanguard, rumor has it there’s a true meeting of the minds over/up there
Does Schwab have competent managers? Thinking about jumping ship