Thread regarding State Street Corp. layoffs

updated in office requirements

My director just met with my group about attendance. Seems the 25% minimum in office per your requirement is going to 50%. Not exactly sure when. Also, they are on to people who badge in and immediately leave. I heard some offices require you to badge out. More good times here.


by
| 467 views | | 28 replies (last 6 days ago) | Reply
Post ID: @OP+1m5jd32z1

28 replies (most recent on top)

You won't be rewarded for working weekends and late nites taking calls at home. You will be penalized for not being in the office even though you put in a lot of your personal time for their benefit. HR will still fire you for cause.

by
| | Reply
Post ID: @2e1+1m5jd32z1

@29s for those confronted on being in the office, ask your manager to prove it. the badge data is trash so call there bluff.

by
| | Reply
Post ID: @2df+1m5jd32z1

@291 thanks! I think I am going to be told the same but others say I would have heard by now but sounds like they are still letting people know.

by
| | Reply
Post ID: @29s+1m5jd32z1

@27r was told yesterday

by
| | Reply
Post ID: @291+1m5jd32z1

When were you told?

by
| | Reply
Post ID: @27r+1m5jd32z1

I was just told I'm at 24% compliance. Need to get it to 50%. That's once a week for me. They are looking at it quarterly. This F'ing place.

by
| | Reply
Post ID: @253+1m5jd32z1

several teams within my department are manually tracking attendance as our key card system is not able to produce reliable data.

by
| | Reply
Post ID: @20p+1m5jd32z1

@1ec Senior mgmt get this reserved spot, the second group are people who have
serious medical issues.

          I had a Doctor's note which I brought to the people who control the reserve spots
          I had knee surgery and was allowed a spot for 6 months until I healed 100%
by
| | Reply
Post ID: @1w3+1m5jd32z1

@1f3 How can they not have enough seats in the offices, with all the workers being
laid off ?

by
| | Reply
Post ID: @1w2+1m5jd32z1

I worked in JAB when they implemented the return to office policy after the COVID pandemic.

At that time, the policy was that you had to be in the office 70% of the work days per year, which they calculated as 4 days per week less 1 week per quarter. However, the number of hours in the office did not matter.

I know that some offices did not have enough seats and the requirements for employees in those offices were reduced. However, it appears that the layoffs have produced opportunities for management to require more employees to comply with the policy.

by
| | Reply
Post ID: @1f3+1m5jd32z1

@tw

So speaking of empty seats at JAB… what about empty reserved parking spaces? Most of those spaces are empty. Who gets these spaces? They are rarely in the office.

by
| | Reply
Post ID: @1ec+1m5jd32z1

@eb using Using scare tactics..."now"...?? Don't forget this is the same company that was threatening to fire people if they didn't get the covid shots....even though everyone was working from home!

by
| | Reply
Post ID: @1ap+1m5jd32z1

@OP does anyone know when the 50% will be effective. Wondering of it applied to Q3?

by
| | Reply
Post ID: @14j+1m5jd32z1

A sea of empty workstations in JAB on my floor. On the busiest day, it would be generous to say 10% are occupied.
Even the SSIM section, which I’ll occasionally sneak into if someone in front of me badges in because I’m curios, is very empty. I assume they get treated a lot better than the GD staff but still they don’t come in.
It’s so crazy

by
| | Reply
Post ID: @tw+1m5jd32z1

@j2 This sounds like my former team where one person in closer to the Boston North Station Office, the other is closer to the Burlington office and the other the Quincy office while all the other members of the team are either in Kansas City or India!

by
| | Reply
Post ID: @rj+1m5jd32z1

This RTO 4 days a week for team spirit, working together, collaboration is a joke.

Prior to Covid our team worked from home 3 days a week…the VP actually asked us to do so. We did for several years and were successful. We made sure we all came in one of the days the same day to meet up.

After Covid they asked us to come in 2 days a week. So we planned which office we would come in each of those two days so it was closer one day for some employees and then the opposite.

When they moved to 4 days my manager said just come in wherever it is easiest for you..since all these layoffs there are only 3 of us on our team in the Boston area. Everyone else is overseas or elsewhere in the US. Each of us is closer to a different office so we each go in a different office.

No change since working from home every day .. except you are driving/taking public transportation for an hour or more each way to sit at a desk near people who you do not share any work or collaboration.

There was more face to face when we went in the office two days a week rather than 4. That is why this is a crock of …

by
| | Reply
Post ID: @j2+1m5jd32z1

@dg the management view of the US workers atState Street …. “Just be lucky you have a job and receive a pay check”

by
| | Reply
Post ID: @j1+1m5jd32z1

Budgets are challenging. Good luck getting replacements.

by
| | Reply
Post ID: @ex+1m5jd32z1

@db I am in Toronto and I know people who clock in around between 8 to 9 and are gone by 2pm. And as far as I know they have not gotten in trouble. Even their manager does this.

by
| | Reply
Post ID: @ef+1m5jd32z1

Using scare tactics now saying you can be terminated without severance package for not coming in 4 days. reporting now doesnt include your timeoff posted in workday so % are inaccurate. Unless terminations are applied to everyone not meeting a specific attendance %, they would not do this due to potential lawsuits.

by
| | Reply
Post ID: @eb+1m5jd32z1

@dd if your persona is 4 days in the office, 25% is one day a week.
But they don’t track weekly, it’s quarterly so you need 13 days in the office per quarter.
If they double it from 25% to 50% you need 26 days in the office per quarter.
You can sort of bank days bc if you actually did 4 days in a week you are way ahead of the requirement

by
| | Reply
Post ID: @dy+1m5jd32z1

@ad True, how can anyone in the U.S offices have team spirit. When they wake up
ever day, asking am I goling to be let go.

by
| | Reply
Post ID: @dg+1m5jd32z1

@da your math is so completely wrong i'm embarased for you.

by
| | Reply
Post ID: @dd+1m5jd32z1

Does anyone know if it matters how long you stay in the office? I get badging in and immediately leaving is not a good idea but I heard someone say they were looking for 6 hrs in the office. Is that true?
I’m in JAB in case that matters.

by
| | Reply
Post ID: @db+1m5jd32z1

@a5 from what I’ve heard it’s summarized quarterly. This is all hearsay, I don’t have first hand knowledge. But I think if you’re supposed to come in 4 days a week, you just need to average 1 single day per week in the office over the quarter. So if you come in 4 days in one week you’re kind of good for the month. Even if you took 3 weeks off you’d still hit the requirement.
It’s a low bar. If they bump it up to 50%, it’s still not a big deal, to me at least. Just average 2 days a week in the office.

by
| | Reply
Post ID: @da+1m5jd32z1

And how are they supposed to account for when you are on vacation? This place is so upside down.

by
| | Reply
Post ID: @a5+1m5jd32z1

Based, RTO is needed for the "team spirit". Also, how does a manager is supposed to explain his weekend on his boat to his subordinates ?

by
| | Reply
Post ID: @a2+1m5jd32z1

Post a reply

: