Is it just me or does anyone else find the worst part of working for TIAA is becoming their client. Nothing like having your COBRA benefits being threatened because it’s gone into the black hole we all know exists there.
401k loan
Was anyone denied a 401k loan due to a technical system issue? 😡
Cyber Chaos
CISO 'reorgs' an L4 out who has the best cyber leader ratings and is well liked in the organization. Seems more like CISO was threatened. Morale definately will be interesting to monitor. It sounds like many in cyber think the CISO has any clue what... — read more
Anyone get stiffed on their Bonuses?
Did anyone get stiffed on their bonuses by pulling the ol "variable" compensation trick? Oh yes! Last year it was 20 but this year ut magically turned to a 5. Hocus Pocus!
Another change in Wealth Management leadership?
They announced new leadership for three positions in Wealth Management yesterday. That’s like the third or fourth change in the past 5 years. What’s up with that?? Of course, all three are from the outside. It seems very rare for them to develop... — read more
Below inflation raises
I’m hearing raises are well below the 7% inflation rate. They keep telling us how financially well we are doing and effectively decrease our pay. Execs and HR are so cheap. Bet they all get higher checks.
Breaking point
I was overloaded for months and now I'm burnt out. The more I worked, the more was added to my plate. I'm exhausted but I'm still hesitating to quit, considering that the competing companies too squeeze employees as much as they can. What was your... — read more
Desperate for cash
They borrowed another 1.3 Billion just in the last quarter and their YTD net income isn't even 400 million. They keep shuffling assets around and cutting headcounts in order to hide the fact that they'd be losing money if they didn't. They only... — read more
TIAA Bank Sold
TIAA Bank has been sold. Goes to show that for those that try your hardest and commit to the company and their values, and get a 5 star review on your employee reviews, it doesn't mean jack sh-t when you're being sold. So my question to you is, why... — read more
Question
I heard TIAA no longer give employees a percentage of their yearly salary when they "hit" 25 years of service. Is this true?
How many obeyed marching orders over their tenure?
I see the same people complaining who also followed top down marching orders when it came to isolating highly productive teammates. Karma..do you really think following top down management orders made you safe? Everyone’s usefulness eventually comes... — read more
VAXX Mandate at TIAA
What we’re the specifics about the corporate mandate at TIAA regarding vaccines? Did they offer real review for exemptions or just allow application for exemptions? We’re any exemptions granted? If so, what we’re the titles of those granted... — read more
S.Craun gone anyone know why?
S.Craun Head of Global ops left last month. I know they are outsourcing ops but Nuveen is now looking for a new head of global ops. Whats going on there?
Others must have noticed this as well
In the past, it was possible to advance your career at TIAA by going the extra mile and being great at your job. That's no longer true. Now being mediocre is the preferred state because only then does nobody perceive you as a threat. Instead of... — read more
No, you're not safe
Yes, attrition is high. Yes, a lot of people have already been laid off or fired. No, we're nowhere near done. I admire people who can still live in a fantasy land where a job here comes with job security. The fact is, it doesn't. Look around you... — read more
Bank Sale
Bank set to be sold, aim to close by end of July. Rumor has it buyer is a hedge fund.
RE Denial
Anyone else have their RE denied? Or willing to share if theirs was approved? I am looking for commonalities on how they made their decisions. Or any insight really.
Bad in every aspect
I often wonder how this ship even manages to stay afloat. Has anybody ever worked for a company that was more disorganized? I know I didn't. Honestly, I'm always shocked that we're not doing much worse than we are. I don't plan to wait and see if... — read more
Boring Site
Any interesting/ important information to share?
Flexibility Champions
What is up with all these drones having the words Flexibility Champions on their sigs? You are a flexibility champion but you must come back to the office. Does not make any sense? You require vax, yet you are thw flexibilitu champions. This place... — read more
I'm outtie soon.
I'm waiting for the annual report to come out, which it still has not. in light of the big jump in traditional payout, the massive loss of staff in the voluntary severance exodus and the upward trend in surplus notes, I'd like to get a feel for how... — read more
Bonuses
Where the February bonuses paid out yet? Who is looking for another job now?
Comp discussions
I know pay increases aren’t linked to inflation, but rather market data…but a 2.6% increase seems pretty low. How’d it go for anyone else?
Gee, I always wondered where the savings from Save to Win went..........🤔
Toward the purchase of a shiny new teleprompter!!!!!!!!!! Price is Right announcer voice 🥳🎊🎉 😏
Any idea why branding was removed from new badges?
Hi, just curious why our new badges no longer display the TIAA name and logo? For those who may not have received theirs yet, the new ones will arrive by mail and the enclosed letter refers to them as "non-branded". They have changed from blue to... — read more
This job is unbearable
The stress of working here is ki----g me. I know, it’s high time I left this place because it's not worth it. I just wonder how the rest of you are handling the stress here, can you relax at all? Or perhaps only those in the highest positions... — read more
Here we go, this should be interesting...........
The Ted Talk-esque style set up The phony old school sitcom applause on cue (let's see if there'll be a laugh track as well for any corny jokes told) The teleprompter on the floor in front of her Buckle up, the next hour and 15 min should be a... — read more
Posts on TIAA’s page censored
Multiple posts and comments have been removed lately. Disgusting
For those who submitted Medical/Religious Accommodation requests
How long did it take to receive a decision? Medical or Religious? And were you approved or denied? If denied, do you plan to now comply and get vaccinated or let them "exit" you? I ask because I saw someone post in another thread that... — read more
What exactly is TIAA trying to prove? Seriously...what is it?!?!?!!!!!?????
The House of Cards continues to fall. First the Supreme Court struck down the unlawful mandates, and now OSHA has finally come to their senses as well. Yet for some strange reason they continue to delight in holding this vaccine requirement over... — read more
I'm worried about early retirement
I've been aiming for early retirement for the last five years, but the closer I get to it the more worried I am. It seems that TIAA is on a warpath when it comes to older employees and staying here for another two years is anything but guaranteed. My... — read more
Backfill Plan for Unvaxxed
FYI - I was told by a manager that once they have the 12/31 headcount, they are going to hire temps to cross train/shadow with anyone who is not vaccinated. If you get vaxed by 3/1, they let the temp go. Also just found out they are pushing back... — read more
Go to the press about the U5 reporting
There is no choice. Even if you decide to leave, they are going to ruin your career. They will not change unless they get bad press! This is in no way fair.
Involuntary Termination if not vaccinated by 3/1
Just an FYI, buried in the FAQs - employees that are asked to leave the company due to not being vaccinated will have involuntary termination listed on their U5s for not adhering to company policies!!
No amount of propaganda.........
Hold all the calls you want, with a bunch of "experts" rambling on. And in true cowardice fashion, I heard they disabled the ability to submit questions/comments Anonymously. That's why so many people stopped dialing in a long while ago. It's so... — read more
Vaccine mandate
I guess TIAA is looking for some more ‘natural attrition’.
Maybe it's not so bad here?
When I hear from friends who work in competing companies, I wonder if I’m complaining too much about the situation here? I don't want to sound like a cheerleader, I've wanted to get out of here for a long time, but now I'm thinking the situation is ... — read more
More layoffs expected soon?
I've heard there could be more layoffs in November, does anybody know more about it?
TIAA Laying Off last shred of integrity
The SEC and New York Attorney General agreed to settle charges of misleading clients about conflicts of interest and lack of disclosures. $97 million.....Now, I ask, who agrees to pay $97 million for anything they didn't do? It sounds like... — read more
Promoting the wrong people
It happens all the time. I wonder, how will all this affect this company? I put in maximum effort, I worked hard, and I was never promoted here. Still, I don’t worry much - it doesn’t mean I won’t be promoted in another company. What will the TIAA do... — read more