Thread regarding Charles Schwab Corp. layoffs

Not wanting to RTO = Voluntary Resignation?!?

So I asked direct questions today about the RTO situation. The only thing the email said was “inaccurate timesheets are cause for termination”. All the info on MyHR is about the old (now seeking glorious!) policy.
The “deal” supposedly is that if you don’t show up to the office, it is considered a “voluntary resignation”. I’m sorry what?!? That cannot be legal. I have been doing my job just fine from home for 3.5 years and you are telling me I’m suddenly quitting? What if I log in and keep working from home? How soon will they let me know I’ve apparently resigned? Lol

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Post ID: @OP+1nVSW0zz

17 replies (most recent on top)

@1ygu+1nVSW0zz OK. Nobody is getting fired over this. Managers have discretion and I know of at least two who after talking to their leadership have told their directs they need not come in.

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Post ID: @1exi+1nVSW0zz

Sure, managers may have flexibility but who do you think they’ll be more likely to extend that flexibility to? The FTE that chose to make an already tough situation even shittier? Or the one that played ball? You’re not going to win that fight, and you might alienate people along the way. Don’t like RTO? Resign and save your colleagues that want to keep their jobs.

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Post ID: @1ygu+1nVSW0zz

@1uol+1nVSW0zz not true. Managers have flexibility.

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Post ID: @1yyt+1nVSW0zz

From what I am understanding. People are planning on not returning to office on October 1st even though they are supposed to. I can tell you this, if you don’t come back on October 1st, you’ll be terminated. Period

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Post ID: @1uol+1nVSW0zz

It's not like Schwab is the first company to mandate RTO, which means there's information from those who have already done it. People in here be talking like if you don't show up Oct 1st your access will be shut off the following week, and that is not how this will work.

Sh---y companies who mandated RTO in 2022 and early 2023 are just now starting to crack down on those who don't comply. And when they do decide to crack down it's typically a tiered warning system. Meaning an informal warning (prob from your boss) followed by a more stern warning (prob from your Director or HR) followed by either a PIP or final warning that termination will occur.

So I don't see why you wouldn't at least try it at first and see how it goes. I will be. Make some initial excuses to buy some time and then eventually just let them know I plan to continue working remote as I always have since I was hired. If Schwab doesn't actually ever follow up with your non compliance, great (although I doubt that). If it takes another 2-3 months before they threaten to fire you...well you just got another couple months at home. And hopefully that buys enough time to find a new 100% remote gig.

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Post ID: @mlc+1nVSW0zz

Response to @ozh+1nVSW0zz

Go ahead. But just remember that access to SVO is a privilege not a right. Push comes to shove and your manager can revoke SVO and your only option for getting to your email/Teams will be coming into the office.

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Post ID: @nnb+1nVSW0zz

People are worried about losing their jobs and you are still whining about RTO. Get over yourself, get of your a-s and go to office and be thankful you still have a job or quit and save it for someone who wants it.

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Post ID: @aay+1nVSW0zz

If you begin reporting to the office and are exempt, you don’t enter anything on your time sheet unless you have exceptions (vacation, sick, float etc)

If non/exempt, enter the hours you’ve worked and your meal period.

Telecommute would be only when you are working remote.

You attest to the accuracy of your timesheet every time you submit it.

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Post ID: @zcs+1nVSW0zz

Those that don't want RTO might hope that they are part of the layoffs, at least there might be severance. If you don't RTO there is nothing - no severance, unemployment, etc...

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Post ID: @mzo+1nVSW0zz

You don’t need to check with your state employment agency.

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Post ID: @ygz+1nVSW0zz

OP here: Didn’t mean to troll actually - maybe I’m too principled but I wouldn’t abandon my job. I was just going to keep working from home, entering telecommute on my timesheet and see what happens. Might buy myself some time using my remote allotment first. Since I can still do my job fine and my whole team is elsewhere. Sounds like they would… tell me that I quit? Hmmmm. Reaching out to my state unemployment agency to see if that flies with them, will report back.

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Post ID: @ozh+1nVSW0zz

I'm completely against RTO but you can't really believe it is or should be illegal to require you to come in. Troll or you're batshit crazy

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Post ID: @pve+1nVSW0zz

@dww+1nVSW0zz Walt said timesheets will become more complicated. That probably means we'll have more categories and some will be related to being in the office.

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Post ID: @kiv+1nVSW0zz

Badge swipes plus timesheets

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Post ID: @tlf+1nVSW0zz

And, look what Amazon is doing with that "voluntary resignation" for their employees right now, as they don't want to pay them to relocate to a main hub, and if not granted an exception by HR...3rd option is voluntary resignation. You forgo many things by doing that though, ie. unemployment.

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Post ID: @urx+1nVSW0zz

So since working from home during the pandemic, I have been entering "Telecommute" for 8 hours a day/80 days bi-weekly on the Workday timesheet. From what I remember they said, if you report to the office you don't put "Telecommute" for that day. So when I start reporting to the office, I leave my Workday timesheet completely blank? How do I prove I am reporting the office by not entering any time in my timesheet. Wouldn't they call this a paradox?

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Post ID: @dww+1nVSW0zz

Yeahhhh, no. Within legal limits, a company has the right to determine terms and conditions of employment, including location. You don't show up to work as directed you'll be deemed as having voluntarily resigned.

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Post ID: @oye+1nVSW0zz

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