What’s the 411 on some big announcement of having to go back two weeks a month in September?
39 replies (most recent on top)
Layoffs centering on agile roles started TODAY. Roles such as Scrum Master, agile coach, etc. being let go as of late march, with severance. Interesting take on their interpretation of "Agile 2.0"???? Not certain of total numbers yet....but is affecting several sites and business areas.
Two weeks for every four is true. Schedules will be published in Septembers. Days on campus will be tracked and if you miss any, you need to make up before next scheduled week on campus.
Hey @akbn+1qX3Aujf. I am very curious what/where the "The old fossils using Fortran etc are". Mainframe trading systems? I never saw any Fortran ever in my 26 years. Inquiring minds want to know!!
On top of the gas and toll expense, add in the nine dollar lunch. We can round up to $50 a week x 2/month is another $1200 dollars a month out of pocket per year. Thanks Fidelity. Thanks for telling us we’d probably would never have to come back to the office, so we move and make life changes because work life balance, right? oh but wait, you changed your minds, come on back in, and we’ll pay for your lunch $10 a day. oh wait we changed our mind on that too, too many people were participating no more paid lunch. And, by the way, make that a full week in the office per month ha ha jokes on you not one week in the office per month but two weeks in the office per month. sorry su-kers we are just pulling your chain. Just adapt because we’re Fidelity investments! Don’t forget to read our 2023 Revenue Statement 28.2 BILLION in revenue. Apologies, but we couldn’t afford raises this year, but gee thanks for your hard work 👍🏻SU-KERS
If you boomers were working back in the day before unions we never would have had any brave souls who formed unions and got 40 hour work weeks and weekends off. In the old days the employer was allowed to make people work in unsafe working conditions for inhumane hours and low pay. Work from home is another benefit that came about through the evolution of technology. Boomers are almost out of the workforce so they see the end in sight. They are probably hoping for a layoff or VBO and they won’t have to go in for long. Fidelity has so much commercial real estate investment that they think they can single-handedly influence the behavior of other companies. They don’t want it to collapse. They dont care if you sit on the orange line for 2 hours or wait for buses because none of the green lines are working. If fidelity wants to prop up the real estate market it should kick in some money for the MBTA to fix its trains. Fidelity wants to evolve its technology to come up to 1996 and be a “digital leader” but if it cracks down on wfh where are they going to get the young workers who actually know the new coding languages. The old fossils using Fortran etc are just waiting for the VBO and then there will be no one left. Failure to adapt causes extinction.
“‘Acting like an adult” is advocating for oneself and others, speaking up and against unfair treatment and trying to make positive change. Acting like a child or “snowflake” if you will, is caving to the abusive parenting of the “boomer era” - “sit down & shut up”, “employees should be seen and not heard”, “do as I say, not as I do”, stop crying or I’ll give you something to cry about.” Your comments hit squarely in the latter. I hope you do not manage others.
If you have an hour commute
(5 days x 2 weeks x 12 months x 60 min) = 7200 mins a year = 120 hours of time
Now what is your time worth - let's just say $100/ hour x 120 hours = $12,000
- 5 hours = 18,000
- 0 hours = 24,000
Factor this in ...
For what? "Casual collisions" and zoom calls that could have been taken from home rather than a crowded office. Then what about when your week is during Christmas and Thanksgiving? No mercy - come in to get your badge swipe.
Any town halls should be interesting. If only someone would be brave and call out the idiocy of this decision. other employers are supposedly making people come back so fidelity is going to stop pretending to care about your work life balance and bring all of you back in the office to micromanage you. Town halls - to pretend they care about what you have to say. Wait until they start reporting on the badge outs and not giving credit for the day if u don’t do a full 8 hours
Bye bye meatheads.
@4wrl+1qX3Aujf I like your comment, but they think we won’t really leave even though we say we will.
Says the LOSER!
No announcement.
Sorry, losers, working from home has not changed.
HR isn't valuing us and they don't care about how the business operations will suffer, but the industry competitors would love to pick up Fidelity associates with over 10 years of experience. Don't tie your identity to any company. Maybe hang on for a couple of months to get the profit sharing next January or maybe a VBO. There won't be so much bragging on linked-in about what a great company it is anymore. Most probably have enough in our 401ks to retire now and I am sure that a competitor will make you roll it over to their system. If Fidelity was thinking strategically they would be concerned about how much they will lose when Fidelity employees leave and rollover to competitors.
It's a quality of life choice. Will you look back and say I really wish I spent more time commuting when I could spend time with my family? The technology has changed and there is no reason that anyone should be wasting time or gas to sit in zoom calls with people in other sites surrounded by other people on zoom calls.
Worked less in office before the pandemic. Some teams came in one day a week. Some 2 down from three. So…going from 4 or 8 days a month to 10…nahhhhh.
They don’t pay us enough for the gas, let’s be honest. Half of inflation rises and low salary grades have many of us a lot more poor than we were three or 4 years ago.
My job went to India years ago and came back, and we’ve been adding heads very recently so probably not happening
Considering all it takes to get fully remote approved is to be hired from a competitor, seems like it's time to go work at Vanguard then come back to Fidelity in a year. If Dynamic Working is so important why have I been told by multiple leaders that they just need a badge swipe? My whole team gets in at 9:30 and leaves by 1.
Yeah, sure, they'll send all the jobs to China. Whatever.
Back to what's real and a tip to being able to work when those around you are talking incessantly... Get a good noise cancelling set of headphones. Not earbuds that people can't tell if you have them in, but headphones that will scream to others, "Don't talk to me. I'm working." It worked for me. It makes people think twice about bothering you and also drowns out the noise if you prefer quiet as opposed to music in your ears.
The Dalian office works circles around you; buckle up your privileged as--s are going to be outsourced to those that will work 6 days a week 10-18 hour days without complaint and with CCP promised 5 star feedback on all associate surveys. You all whine too much and barely even show up. Roger has always been called the grim reaper for good reason… F**k up and find out? well you are all on the road to finding out, because post Covid it’s all you have been doing. Daddy Roger is home boys and girls, strap up and hold on.
Good to know so many others pretended to work from home the whole pandemic. You can tell because the always project that onto others.
Well, I just had dynamic week, and did nothing because people never stop damn talking even when you make it clear you’re trying to work.
On their website https://jobs.fidelity.com/dynamic-working/
They say "We don’t have all the answers yet for what the future of work will look like, but the voices of associates like you will shape the decisions we make – and we’re committed to a transparent process, keeping our associates updated as our thinking evolves."
That's a joke - they aren't listening to their associates at all if they are going to 2 weeks. There was outrage when they went from 3 days to 5 consecutive days. "Tell it like it is" is one of the leadership principals, yet no one in the upper ranks will speak up and tell Abby that she is going to lose valuable talent to competitors who are willing to let people work 100% remotely.
Everyone sees past this - it's just a way to cause natural attrition rather than having to do layoffs which would attract negative press.
How are they laying off? My area is hiring
I'm in tech and I think the techies need to be trimmed down. During connect weeks the IT employees come in around 9:30 and leave at 4:00. Gotta miss the traffic and then beat the traffic, I guess.
I'm a job move up once these lazy baby directors get gone.
I wish we'd go all in all the time. They act like they are so important when they stink in reality.
Maybe they just don't want to deal with the home office rules
https://www.thinkadvisor.com/2024/01/24/new-finra-home-office-rules-take-effect-in-june/
Or maybe the tax consequences for everyone, including employees, are just too taxing
https://www.officernd.com/blog/how-does-working-remotely-affects-taxes/#:~:text=For%20fully%20remote%20and%20hybrid,office%20are%20in%20different%20states.
This is going to destroy the technology side of the house. We all know this has nothing to do with culture. It is all about the money. They're sitting on massive corporate real estate assets that they received massive tax incentives to build.
Ultimate scape goat as they sit on the FInra board and of course vote for it. What a bunch of children…
they claim its because of finra. 2 weeks confirmed in september. Managers told today. Employees will get email monday.
I got the real deal.
All that you've heard is false. This post is fake news.
The upcoming standard will be half time. Half the time in, half the time at home.
Friday announcement for mangers. Monday for all employees.
Higher ups say layoffs also by end of year. Same meeting as the one where they announced rto
My SVP confirmed it yesterday. 2 weeks starting in Sept. the weeks will be assigned.
Hey @1xbw+1qX3Aujf
Wear your mask and be miserable ITS JUST A COLD/FLU cmon and that mask does NOTHING
LOL. Most companies are back three days a week and you complain about two weeks. Pathetic.
Theres a rise in COVID spread and respiratory illnesses. They truly do not give a fu-k about their people. Antiquated company.
My BU has been told that starting in March we will be required to come in one day a week each non-dynamic week. That should be fun to coordinate since the building can’t house anything near max capacity.
What is the date for the announcement
Haha. Seeing as I don’t have pets. Try again. And if you bring lunch you don’t need flik like me little buddy.
Well, kiddies, time to make arrangements for your dog that is used to sitting on your lap all day while you pretend to work.
I hope you like the taste of FLIK food cause you are going to get double the dose of it.
Unfortunately, yes. It was good while it lasted.
That is the 411. Two weeks a month starting in September.