I've seen so many posts on here that seem to rally against the DE&I efforts at the firm. Diversity, Equity & Inclusion should be a good thing! The issue which I think is often misconstrued on here (and yes there are quite a few bigots on this platform as well) is that there are so many people at the firm that appear to be FAKE when it comes to DE&I.
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I notice no one had a problem with the “exclusionary practices part” on the hostile work place list. I think it went over HR’s head.
@2pj WAVE is a joke. At one point the "leader" of it was a man. I see the old boys club every day - on my team - and beyond. Never forget this company laid off a pregnant woman over the summer.
Old boys club is an understatement. I've seen two senior males in the business force out an employee who tried to intervene when a senior person at a client was inebriated and inappropriate in front of a female colleague. Fairly sure the client directed the two senior TRP colleagues to force out the TRP associate who tried to intervene his drunken endeavours with the female TRP associate. What's shameful is that the two senior TRP men portray themselves as advocates for women.
Look at all the downvotes from the OP who is a woman obviously from her writing. lol. OP you are the perfect employee for management because you are pea brained and can’t think for yourself. DEI is good is the stupidest thing I’ve heard all year.
Examples of behaviors that contribute to a hostile work environment:
Verbal Harassment: Offensive jokes, slurs, insults, epithets, or name-calling related to a protected characteristic.
Physical Harassment: Unwanted touching, physical as--ults, or physical threats.
Visual Harassment: Displaying se-----y suggestive or racially insensitive pictures, objects, or symbols.
Sabotage: Damaging or altering a victim's work files or undermining their performance.
Intimidation and Ridicule: Mockery, hazing, intimidation, or putting an employee down.
Exclusion: Exclusionary practices targeting a particular demographic or group.
@1pg There is documentation out there on T Rowe Price Diversity - Google it. There are PDFs and web docs - all I have either downloaded or archived. They tout the increase in "underserved minorities" over the past 5 years. It is no wonder they are in the hole they are now. Hiring solely based on skin color is not in pursuit of excellence. They are ousting long time good employees, who happen to be white, simply to manipulate percentages for woke scores they can brag about being "diverse". Who cares about actually being a fiduciary for people with financial goals? And of course, this affects what they invest in, as they have to invest in things that align with ESG. HR and Diversity "leaders" will come on here and call us hillbil--es and down vote our posts - it just proves the reverse racism that is prevalent in the culture here. Instead of a nice united group of happy workers wanting to do the best for shareholders and investors, it is a bunch of people arguing over who is the biggest victim "of white people". The employee stock program is a joke now - the stock price cratered and has never been able to get where it was before this new focus. My financial advisor (outside of firm) gave me a list of online banks with higher rates of return - so instead of continuing to throw money into these stocks which is like putting money away in a bank account with reverse interest (when capital gains apply), I will do much better taking the same money and putting it where I will earn interest. Everyone else's stocks are improving except ours. And these Accenture workers have not improved, and rumor is it was them who redesigned the change management process which isn't working correctly. It is frustrating and depressing looking at the leaders who I know hate me for the color of my skin. Everyone knows who they are.
The main thing is leadership was preoccupied with DEI and other non brass tacks parts of the business for 10 years. They did nothing for 10 years as any young person who invests bought etfs and crypto. The level of shaming by corporate leadership when normies rightly balked a alot of the DEI rhetoric was truly gross. 10 years of preoccupation with cultural and diversity nonsense = 10 years of stale business lines and practices.
T Rowe is fu---d. Stock is garbage and no plan at all to bring money in.
Very sad outcome for this once great company
@19x your racism is showing. I happen to be in a position to knkw the DEI quotas to increase non-white employees. And a few other ways whites have been excluded. The race numbers are repoeted on quarterly to ensure we meet 2030 DEI goals. However, there is definitely a (somewhat dwindling) white boys club at the top but TRP haa been working to eliminate that at the manger and individual levels since 2010. See how I posted a comment without including racial slurs.
The irony of having a bunch of hillbil--es complain non-white people are taking jobs while the people in power at the company are stale pale males. I've seen the old boys club in action so many times. This company is a filthy joke. And not in the USA, outside of USA.
@cg No way whites are the largest group being forced out, at least not in Australia. It was a certain minority ethnic group which was overly impacted by the layoffs. And they were mostly all working in business critical functions. Instead the Sales team which is almost 100% made up of anglo-saxon people wasn't impacted at all. And they are the ones that got us into this mess. No sales and a lot of outflows. How is that fair? Seems racist to me.
@cg in order to hire H1B1 associates [vs US assoc] TRP meets the mandatory requirement to look for a US citizen for the role, but when doing so, they (purposefully) make the job listing so convoluted that nobody understands what they would be applying for. Essentially the job listing covers the mandate obligation and TRP still gets to hire H1B1 associates over a US citizen. This is the process tech uses to ensure a H1B1 hire.
@er oh my god yes! This happens in our country as well. The IT guy seems to know things that don't seem to be common knowledge in the office. He even called it when someone was laid off. I think they're either accessing our emails or web history.
@cg Oh no... The company's trading uneducated lazies for coloured folk... What will happen... Maybe you guys can stop reading all our emails and invading our privacy
@ab It seems whites are the largest group being forced out doesn't it? Moving all Help Desk, Service Desk, and Command Center jobs to India where they are exclusively held by Indian workers does not seem very "diverse" to me. Very few IT jobs are listed anymore - it seems only people in India are wanted for those jobs. I have no problem with Indian workers at all - but you have to wonder if offshoring/H1B visas create pathways to overwork and underpay people. Sadly, our culture now implies "whites not welcome".
DEI is racist in and of itself. It implies that the people "helped" by DEI cannot get good jobs on their own. It also injects division and tribalism into the work culture. The culture at this company is horrific now. I don't hold it against my colleagues of color, or in LGBTQ groups, I hold it against the people here with the white savior complexes focusing harder on achieving "awards" and index scores from various divisive groups than on building a strong workforce and a winning culture. The "initiatives" launched in recent years by recently hired managers indicate a lack of vision or willingness to innovate. Shipping jobs to India to save a buck and doubling down on advertising tired products investors have moved on from are mediocre initiatives. Improve recruitment of various groups to find great candidates, but don't force a person into a job who is not a good fit because of their gender or race. I personally like the DEI webinars - learning about each other helps foster a positive culture, but enforcing it on our year end review process feels racist to me - it implies the white workers are all racists and need re-education. No wonder everyone walks around like miserable zombies.
@OP I'd like to be optimistic but several depts shared that they have/had quotas to increase their minority hires by a certain % before 2030. And it doesn't help to see white associates painted as a problem the last 4 years, and then cut during layoffs. I've always wanted diversity in my teams, but now I see DEI moves that exclude white people. That sounds a bit racist.