HR Voluntary Attrition: When employees leave by their own choice, due to personal or professional reasons.
State Street leaders:
We will target specific employees by stressing them and put them in a toxic environment. They will commute and return to the office (RTO), sit alone by themselves and do the workload of 5+ people, and give them unrealistic goals. When these unrealistic goals are not being met, place employees in Performance Improvement Plan (PIP). Do no share key information and exclude them from meetings to do their job effectively. We will isolate them privately and use intimidation (workplace harassment).
State Street employees: I'm in constant fear, stress, and doubting myself. I need to quit and find another job.
GR Involuntary Attrition: When employees are forced to leave due to employer decisions like layoffs or terminations.
State Street leaders:
Terminate all employees that didn't meet their PIP or place them on a new PIP with greater unrealistic expectations. We are aware of the poor leadership and work culture in the company. If we layoff the workforce, give them severance to avoid the company being slap with multiple lawsuits and workers reporting to the new press. We don't want our clients and shareholders know how terrible the company is being run.
State Street employees: We did our jobs, follow RTO mandates, made and saved the company money, beat any PIPs that was thrown at us; how are we still getting laid off?