Thread regarding Edward Jones layoffs

One Positive To All This...

For many of us that have been at Jones for a long time, we have experienced completing employee satisfaction surveys (i.e., CES fka SFA) - often with only the ability to provide feedback on a non-GP leader and the firm overall.

One positive that may come of out of this is that GPs will now have to actually have 4-5+ people responsible to them. With the firm's logic of now providing CES scores to leaders that have few reports, many GPs never got direct feedback on themselves or any type of scoring. This was always frustrating because you may have a great leader and a terrible leader of leaders.

If this pans out how they communicated (larger teams/no more 1-3 people responsible to you only), then these bad leader apples might finally get the spotlight on them they deserve. I think a decent part of why so many bad GPs survived this 'Capacity Realignment" is because the higher ups didn't have enough information to know how terrible/toxic/bad some GP/Leader of Leaders are.

Maybe I'm being naive... but at a policy/surface level, this might be something good that comes out of this mess.

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| 1241 views | | 9 replies (last August 21) | Reply
Post ID: @OP+1k353mw6b

9 replies (most recent on top)

I worked in a group that came up with responses and plans as a reaction to CES surveys.

I can say with confidence senior leadership doesn't care about CES results. In the past year or so they don't even pretend they care about CES results.

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Post ID: @c3+1k353mw6b

Those surveys mean nothing. What change have you seen from them?? When have you ever seen a GP get let go. Most of them are bad leaders.

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Post ID: @bz+1k353mw6b

Unfortunately most GPs are poor people leaders. This would be an even bigger disaster. Plus, that would probably reduce associates’ willingness to be transparent ina survey if it’s about their GP.

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Post ID: @aa+1k353mw6b

@a7 Id honestly want weeded out if that were true. That level of big brother is no place for me.

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Post ID: @a8+1k353mw6b

@a5

Better yet, they’re tracking keystrokes (and even mouse strokes) via AI to weed out anyone not loyal to their clan.

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Post ID: @a7+1k353mw6b

No way will I ever answer another survey. They’re probably using your previous responses to determine your future right now. They aren’t confidential.

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Post ID: @a5+1k353mw6b

@a3 Oh, let's be clear here, we expect NO/ZERO accountability for senior leadership/ELT. Once you get to that level you're too insulated and protected to actually be held accountable. I think OP makes a good point about more L3-L5 leaders actually being exposed though.

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Post ID: @a4+1k353mw6b

It won't matter. For the last few surveys, employees were able to rate the senior executives. The scores were so bad, the results were not released. Surveys will not change the behavior of current senior leaders. Their focus has shifted to maximizing profits instead of maximizing employee satisfaction.

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Post ID: @a3+1k353mw6b

Well said!

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Post ID: @a1+1k353mw6b

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