Hi,
Can anybody guide if the manager gets notified if i wish to apply to some other position within the Bank.If yes,how to cope with the fact that since manager now knows you are looking to move you might be the first one to go,should the diktat for firing comes..?
As soon as the relationship turns sour. Start networking & make your move.
THEY KNOW! Whatever you do, do not contact human resources with any issues at Bank of America as they collaborate closely with the managers. They aren't there to help you. They are there to protect the Bank. Do not contact the Legal Department either because they are only there to manage the lawsuits and will make sure you are on the next layoff list because YOU ARE A POTENTIAL LAWSUIT if you are voicing concerns. If you are in the Legal Department, put your head down and work and NEVER complain. If your name isn't on the layoff list now and you decide to speak up about anything, your name WILL appear once you make that call. I've seen it happen too many times to count. Beware especially careful of associates that were inherited from the ML merger. They were expertly trained to cover their own a** and know how to make you look incompetent.
A manager that blocks a transfer is making a costly mistake for the Bank for their own personal aggrandizement especially if the person is to be laid off soon after. So there is the layoff cost and the lost savings due to the low hiring cost of transferring to the new position.
Anyone who thinks that your current manager cannot block a transfer is WRONG! I've seen it happen, especially in areas where there is a hiring freeze and the current org could not backfill your position. We all know orgs that have had hiring freezes for months. In reality, if a manager blocks you from a transfer they have to know that they are going to lose you soon either way.
@LypPOOs-lbj, Check out the ML IT areas and then see what yourself how duplicate projects, legacy teams, and poor management affect manager/employee relationships within the context of a large number of failed initiatives.
To the poster that thinks it's comical on the gloom and doom posts it's apparent that he either has been very fortunate with managers or he works in another area of the bank.
I can tell you that within GT&O that is not the case. Very hard to move within organization and most immediate, middle and executive management only give lip service to people who want to post out. In most cases you are labeled not happy due to the fact you want to move on.
I find some of the doom and gloom posts fairly comical. I have transferred internally 5 times. My experience:
Networking is key. It's fairly easy to figure who's advertising an internal job. Call them directly - have an internal chat before you even apply. A lot of times - the job is only advertised internally because it's policy - they already have someone lined up for the job.
Whether I've had good or bad managers has been irrelevant on an internal transfer. Despite what you think - your manager doesn't have it in for you. They're under exactly the same pressures as you.
I figured asking my existing manager for an internal transfer actually increased my chances of surviving a layoff. Catch-22 for them. They can't block it - claim I'm essential then lay me off shortly after. That wouldn't hold up well on an unfair dismissal claim.
Requesting a move also looks very good for you - outside your immediate management. It says you like the company enough to seek other opportunities within it, and are willing to give it a go (initiative).
Never seen a downside to requesting an internal move - but network first. But that's no different to how successful people land external jobs anyways...
What a joke! One can only move within the bank if one is in good standing with one's manager! If the manager is a problem person with serious personal issues, the whole bank, all your accomplishments, and your career here is worth nothing. Kind of like something out of stone age tribal life, the mafia, and street gangs. Modern objective assessments are not used or welcome here.
At the interview stage your boss is notified, but not at the application stage.
I was told on one that my boss said I was "needed where I'm at" so they could not make me an offer. That's what the recruiter told me 1 week after the interview. No idea if that's what was really said. I'm still in my same position.
I am not sure what company one of the past posters works for but it must be a part of BofA I have yet to see. For the most part if you have a good manager then great but if your manager is from hell or is incompetent then it's tough. Most all of the banks tecruiters are "contractors" and in many cases are clueless and overworked and the don't follow up. The bank is a good ol boy system that takes care of who the managers like and not necessarily who is a good fit. I know this happens everywhere but here it's rampant.
So if you have a good relationship with your current manager discuss moving on if you have a bad manager we'll all I can say is good luck... better start networking.
Basically if your job has started to s--- and your new manager is from hell or somewhere hot like India, you're screwed - at least within the bank! For what it's worth there are better people and companies out there.
When you apply for another job your manager isn't notified. If the recruiter thinks your a fit they will send your job profile to the hiring manager that includes your last year end rating. If the manager wants to interview you then you interview, they may ask you if you talked to your manager already. If you didn't that's a huge red flag and usually indicates you have a poor working relationship with your current manager, that hiring manager doesn't want a problem employee so you probably will get rejected immediately after the interview. Also the hiring manager will most likely call your manager to see how you are. If you are a good employee your manager should already know your looking and support you in career advancement but if they didn't even know you applied that might put you in a bad light. Let's be realistic if your trying to hide stuff from your current manager you won't go far internally. This isn't a good ol boy system it's just how business works.
All those items in theory are the way it's suppose to work however it's Bank of America.
So my understanding is your manager is not notified if you apply for an open position (you can apply to 3 at one time) however if you are selected for an interview your manager will the be made aware. So the last poster is correct you would need to talk with your manager and indicate you want to look for new career opportunities etc.
I have personally found the posting process is slow with very little feedback. The best way to move is to network and find open positions via the good ol boy network is how it really works.
Good luck in your search.
Think you have to be upfront with your manager before you apply. At the very least they have to approve the move. And they can also be your greatest ally in helping you land another position. Just sell it the right way - you're looking to broaden your experience within the company. Generally there is a policy of no-retaliation for people seeking internal moves. And it looks very bad for a manager to block a move, just to lay you off later. If there are layoffs planned in your department - it actually helps your manager too. It saves them having to layoff someone else.