Thread regarding State Street Corp. layoffs

Gifts to the workers during bad weather

I remember as a critical worker spending 1 to 3 sometimes 4 days at a
motel/hotel. During major blizzards, snowstorms and hurricanes.

Then waiting for the State Street shuttle van to pick us up and take us back
to the office at 1776 Hertiage Drive.

The highlight was when a SVP would come down to our department to thank
the workers. Then handing out the following thank you gifts.

State Street coffee cup, or a State Street shirt, or State Street Pen/Pencil set.
Wow I must have 10 coffee cups and T=shirts and other promotional products.

I guess they could not give out a check for maybe $50.00 to $100.00


by
| 108 views | | 12 replies (last October 8) | Reply
Post ID: @OP+1m3hfc3dg

12 replies (most recent on top)

@1gk
Reward values keep going down.

Bravo has changed significantly now you get less points that are worth $25 at most most are $10 or under.

by
| | Reply
Post ID: @1w1+1m3hfc3dg

@1gk Correction : cool stuff not staff

by
| | Reply
Post ID: @1gn+1m3hfc3dg

@OP As someone who was laid off, I will give credit where it's due, there were times the company used to give AMEX gift checks with taxes grossed up so the employee got the full value, after they went to Bravo points which are taxed but if you accumulate enough point you can cash them out for really cool staff or gift cards. I personally received those and never any promotion material as a token. I believe Bravo points are still in effect.

by
| | Reply
Post ID: @1gk+1m3hfc3dg

@qp PSSST

Hate to tell you this company been laying off people for the past 25 years.
Sorry my post was above your limited thinking.
The meaning of the post is how the workers are treated with junk thank you gifts.

While the Senior executives get big raises and bonuses at the expense of the common worker

by
| | Reply
Post ID: @r1+1m3hfc3dg

What in God's name does this have to do with layoffs?? You are talking about coffee mugs while people are losing their jobs....?? Are you insane? Go post on Reddit if you have to talk about pencils and t-shirts. Unreal.

by
| | Reply
Post ID: @qp+1m3hfc3dg

@kn As a former old timer of 30 years. I remember how the JAB would have a summer concert in the beautiful courtyard.

I remember when they had the great and funny comedian Loretta LaRoche
during her skits in the courtyard.

Yes when the company did things to say thank you and bring up employee moral

by
| | Reply
Post ID: @qg+1m3hfc3dg

@np
If your getting pizza you and your department must be average workers.
And no OFFENSE meant.

Just I noticed the quality of food at events is based on how profitable a department is.
A department which brings in new clients and wins new contracts.
Get luxury food parties with delicious food.

by
| | Reply
Post ID: @qd+1m3hfc3dg

I worked under John Conelly's umbrella. 2 years ago, he threw a year end pizza party, which he didn't order enough pizzas that he had to order more half way through lol. Last year, he didn't even throw a pizza party anymore. :)

Every State Street event with catering has a line of volunteers serving food to make sure noone takes more than a handful of food :)

Man this level of stinginess is on the next level.

by
| | Reply
Post ID: @np+1m3hfc3dg

I remember once they had a bbq catered lunch in JAB after a particularly brutal winter to say thanks. Bob Kaplan was there and said a few words of appreciation.
They used to do small things like that. They were few and far between and far less than what most companies do but they did little things once and awhile
Now they do nothing whatsoever, ever. At least in GD. I see the SSIM staff walking around with SSB swag so I know state street knows how to do it. They just choose to treat certain areas differently. I guess bc they want them to leave.
This place is so weird.

by
| | Reply
Post ID: @kn+1m3hfc3dg

@g0 Really ?

Maybe some of the anger is when the Senior mgmt is working from their comfy homes
during these events.
Maybe its when a lot of nonessistianal workers are staying home.

And there is nothing wrong with going into the massive State Street money vault and taking some of the money and giving it out to the essistial workers.

So what is the Senior mgmt has to take a hit of their raises and bonuses.

by
| | Reply
Post ID: @k2+1m3hfc3dg

You want your slippers and a binky?

It's a job the reward is your paycheck.

by
| | Reply
Post ID: @g0+1m3hfc3dg

They don't deserve your effort.

by
| | Reply
Post ID: @cj+1m3hfc3dg

Post a reply

: