I honestly don’t recognise the FIS that is referenced on this site.
Sure there are layoffs which su-ks, but I work from home on interesting stuff, get paid pretty well and have a work life balance that I choose. I could get let go at any time but that’s life, it’s not like only FIS has RIFs.
There are some long rambling posts on here that seem more like a writing exercise than a true reflection of how things are.
It’s a job, not a marriage.
18 replies (most recent on top)
@kv speaking from experience, life IS better post FIS. This is not the FIS it was a few years ago and it never will be with it's current jockies. There are successful ways to advance a company, take 5/3rd for example... has successfully managed to grow and increase customers without adding or REDUCING staff. Get a clue and stop behaving like FIS is the only company you can be employed by. You have great value, start looking for some place that will recognize it. Keep work at FIS but with minimal effort and put the extra effort toward improving your work life balance. You will heal and find happiness again. Best wishes to all.
@km LOL. Ten hour days would be a blessing as it is more like 14 hour days without a break to disconnect. Senior leadership is blind or better said turning their heads as employees are mistreated. Ppl want the pkg so they are hanging on!
@ny they always rise to the bait, they just can't help themselves. Tee hee. I wondered how long it would take.
@kw You mean George Harrison. Get it straight.
10 hours? 9 hour work day. Don't forget to take time off for lunch. Add in your smoke breaks. Add in bathroom breaks.
He-l, if you are salaried, just looking at your work phone for a second = a full day of work.
Done with this shithole company. NOBODY has a work life balance while management is pure sh-t. Scared for their 10-50k usd bonuses, Executives looking for their 100k-2m usd bonuses. This entire place is a house of cards and real full time employees are the cards.
Not a damn thing is heading in the right direction and their only fix is to pay 200k for a dancing man to host their sh-t stage show and pay tens of millions for a company to tell them to fire everybody and hire sh---y contractors in India and call them employees.
Way to go FIS. Hope the buyout happens before we hit 30 a share.
@j0 seriously, what is keeping you there as your team circles the drain? This is not a hostage situation, Clearly, you feel personal loyalty to your remaining team. It is exactly this sentiment that keeps them in business. They are counting on it. Having to give friends awful news must be painful, but you only had to do it once. Having witnessed a meeting in which senior leaders wrung their hands over the same thing, it was difficult to feel empathy. That was the writing on the wall that they ignored. Now, there were doing it at a much higher salary and bonus structure than the rest, so there's that. Paul McCartney wrote a song called Wah Wah. Think about your future because your team sure is. Do you want to be the last one standing at the cost of your mental health?
@km BEST ANSWER! This is the critical mistake that FIS employees make. They believe that their dedication and hard work will be recognized and rewarded when it will be neither. Sacrificing your health and sanity for them is a disservice to your family and loved ones. Do your work in the time allotted, anything further will require more staff or resources FROM THEM. Stop saving them from themselves. Here is yet another example of how they box themselves in at the cost of their clients: as the Franklin Templeton contract is being prepared for the full takeback, the large Polish contingent in Customer Service, hired at a lower cost, is exercising it's privilege, under Polish employment law of taking their vacation days required before they are laid off sometime after the tax filing deadline. This has skewed the staffing at the most critical point in the year. When staffing is needed to service callers with questions about tax documents, etc., the staff needed to answer in a timely manner is not available. The calls stack up in queue creating hold times that defy description. This puts FIS even further out of compliance with the contract they signed with FT. It puts enormous pressure on the staff working. In yet another classic FIS failure to strategize and execute, the final days of this contract will be marked as an abysmal failure. The damage to the reputation of FT is catastrophic and may not recover. Financial professionals can put their clients with any number of mutual funds, they will just stop choosing FT. In trying to save money on their Transfer Agent, FT chose FIS. There is plenty of blame to go around but, being cheap is the main cause for both.
Hey @hs:
Stop putting in 10 hour days. They don’t deserve it and you don’t get the opportunity to say ‘well we could get this done BUT we don’t have the resources anymore.’
Your salary covers 40 hours. Not 50. The mismanagement of this company is not worth your health.
I am sure it can look just fine in a work at home bubble. But for many of us, we have had tell long term friends they are laid off month after month. Now my team simply is keeping the lights on. I have to get on client calls and explain their tickets are being worked on, but knowing all along it will be awhile since we don't have the bandwidth. My offshore team knows nothing and cannot solve even the most basic ticket without hours of calls. I am burned out, my staff is burned out - many of us are just trying to survive, while we listed to to BS come out of C-suite about how great its going to be and to just hang on. Enjoy your little bubble world and milk it for everything it has as you are one of the few who has it good. We had a great team, we had happy clients, we built a great product, we had the world you described, but not anymore. We stick around because we are loyal to each other and not the company. But even that will break soon as I see people just giving up and are now asking me to put them on the RIF list. ( but I dont have any say in that)
@hs This is the same for most of my org. It's so compartmentalized you don't know what things are like in other areas - they're just black boxes unless you happen to know someone inside.
@hf you're working only 8 hours? I rarely put in less than 10 a day any more to make up for lost staff.
Some area of the company are great and others not so great. It seem that some ppl don't have great leadership and the goal line keeps moving. I'm sure that is why the stock is so low.
@d8 why would I not be able to have a good work life balance and still commit to 8 hours work?
Would you need to work part time to achieve a good balance?
@OP my 3 year old takes a spoon and puts together my PowerPoints.
We call him McKinsey
I kind of agree. The key is that I've stopped caring that much. And that I compare it with other jobs. I get paid.. ok. I could get higher elsewhere, but I work from home here, and don't put my back out struggling with work.
Could be a lot better. Could be worse.
Preach on!
@OP Interesting... my question is
Do you get a bonus yearly? If so, what percentage of your salary?
Do you get a raise higher than 1 to 3% a year? if so, what has the average been for the past 5 years?
Do you fully commit 8 or more hours a day? You say, "a work life balance I choose", does that mean you are not putting in 8 hours a day?
If you disagree so much and you're so successful and happy, why are you even reading this? Where does that interest come from? Don't let people ruin your bubble castle.