Thread regarding Charles Schwab Corp. layoffs

Do you trust the the EC and MDs? Do they trust you?

We Have a A Predicament: Productivity Is At An All-Time Low — And It's Because We're Failing Employees In 2 Ways.

https://www.entrepreneur.com/leadership/productivity-is-at-an-all-time-low-because-were-failing/456861

This global productivity predicament has instigated a plethora of theories, but it ultimately boils down to these two main reasons. Lack of trust and autonomy instigated by mandatory RTO.

When workers feel their employment terms are being rewritten, trust erodes faster than a sandcastle at high tide.

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| 2712 views | | 7 replies (last September 11, 2023) | Reply
Post ID: @OP+1ovCh2wv

7 replies (most recent on top)

Great article, OP. Thanks for sharing.

This quote sums it up nicely…
“The future of work shouldn't be a return to the past. It should be a leap forward, embracing the lessons we've learned during the pandemic and using them to create a work culture that fuels productivity, not hinders it.”

RTO as it stands today feels like 1) a ploy to get people to quit so they don’t have to pay severance and 2) result of external pressure to save the tanking commercial real-estate market since we have large, underused, expensive assets on the balance sheet.

They say RTO is for “culture” and “grooming leadership” which is (in their eyes) impossible to do without being physically together in a building….. but that’s so old school and not reflective of the way work actually gets done in a modern workforce. Plus it is over-prescriptive and disadvantages mainly women and minorities who are already underrepresented in financial services.

It they truly wanted to improve culture and build leaders, they should’ve been working WITH employees to understand what would help us collaborate, improve efficiency, build trust, and improve autonomy, increase loyalty and satisfaction…… but sadly this top-down mandate doesn’t prioritize any of that.

Now go put your head down and work to make the rich even richer.

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Post ID: @3exg+1ovCh2wv

@2wvl+1ovCh2wv if you don't like what is being said, feel free to look elsewhere too. 🤣

There's nothing wrong with wanting to be treated with a little dignity and respect.

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Post ID: @3zuv+1ovCh2wv

@2wvl+1ovCh2wv We will continue to work at CS and will continue to complain against its incompetence. Deal with it.

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Post ID: @3gko+1ovCh2wv

It is annoying to see the constant complaining as if you're being held hostage. There are many other places you can work instead. If CS is so awful and unbearable, then do yourself a favor and look elsewhere.

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Post ID: @2wvl+1ovCh2wv

I trust my MD 100%. Been with my current MD for the past 30+ years. One of the best doctors I ever had. Well, the only doctor I ever had. Good MD.

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Post ID: @1jhc+1ovCh2wv

When you start your own business you can run it how you like. But, since you voluntarily chose to work for Schwab, so you'll do as told. If you mope about with undeserved sense of entitlement, then you can go kick rocks.

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Post ID: @1dnh+1ovCh2wv

That sums it up. We are adults. We don't need a hall monitor. If I want mentoring, I can seek that out.

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Post ID: @1qse+1ovCh2wv

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