Are promotions based on performance, or is it just a leadership friendship club benefit?
8 replies (most recent on top)
Sadly it’s favoritism. Very a few people who have higher roles actually deserve to be in them, look at our leadership. That seem promoting office culture transfers throughout the company.
@ew saucy
It's mostly political. The culture at TIAA doesn't value excellence. They pay lip service to it, but they value optics, narratives and office political culture a lot more. Just look at the top executives. Most of them are paid more than their worth for in roles where they have mediocre experience and no prior record of achieving excellence, yet they fit the accepted social/political narrative, so they get paid like pro athletes. Not for their business acumen, but for their outward identity.
@a9 It was an honest question. How about not replying in a condescending tone??!!
Definitely need to network and meet people. You also need to be well liked and easy to work with.
It also helps if you are in Frisco. We have to prioritize hiring there.
Connections always help and that’s the same at every other firm.
its based on who you know and who you b.low.
@OP
What planet are you from? Of course is it just a leadership friendship club benefit. It's not what you know. It ia who you know.
From what I have seen during my time at TIAA, 30% merit / 70% favoritism.