I'm really anxious about losing it. First, the job market is rough right now. Second, my team is great, and I genuinely enjoy going to work. Third, I have too much going on in my life at the moment to dedicate the time and energy needed to find something new. Sure, I preferred the old EJ, but even in its current state, it’s better for me than the alternatives. The worst being becoming jobless.
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Do you hit the 70 rule? The new requirements of the VSP hadn’t been released. Maybe you will not be in the pool.
Human Capital has a strategy [in print] to retain “top talent” if at all possible. They wish to keep the best and discard the rest. So, if you are a talented associate, you don’t need to worry.
Candidly, I don’t want to leave either. I have worked there a long time and I love my friends. But many mature or tenured leaders and associates have “retired” in the past few years because of the changes and I stay in touch with my true friends. There are a lot of great companies out there. So, update your resume, take some classes to update your skills and be prepared for the worst. It may not happen to you, but a lot of us (old guard) have fallen out of favor and will be the first to go. Either way, I’m prepared mentally and tangibly. I have a family to feed.
People always say the job market is rough. I think management likes that narrative. It retains people at lower pay. If you leave make them pay you.
Many people stayed at EJ because of security, even if they were being massively underpaid (despite partners being overpaid…).
Now that the firm’s commitment to its associates is off the table and the culture is souring, I am questioning why I’d decide to stay.
True, companies know people feel this way. That is why they pay people more to fill an open position than pay long-term employees. Edward Jones is no longer any different. Love my team, love my job, but the powers that be may end that. They are the ones in the wrong, not us.
Don't let them - whoever they are - make you feel like you are less valuable or talented than you are. Looking for another role can be daunting but the first steps are the hardest. Cleaning up your resume and talking to a recruiter or two can do wonders for your self-esteem. You can do it.