At the Agustin town hall today it was stated that if you are a 9 to 5 person and just comes to do your job, you probably don’t belong at Fiserv. If you only come 4 days like Frankenserv stated, you are a slug with no hope of promotion and can be RIF.
With this in mind, he showed a chart where we are under target on attrition. So the end game is to drive people to leave
Been mentioned before, but Google the movie "Office Space" and "pieces of flair".
The goals were well stated. 10% attrition for Q1 and a goal of 20% for Q2. Then they don’t need to do layoffs. Just drive everyone away. FrankServ talked about earth day, so let’s all pay about $4 a gallon for gas to commute for RTO so we can sit at our desks and collaborate on the same teams meeting.
I guess I will fall in the slug category, work my 8 hours and not care. Nobody gets promoted anyway, and let’s go crazy over a possible extra .25% on our paychecks and our big 3% 401k match while other companies offer 5-8%.
And to add insult to injury…Frankie counts keystrokes with Sapience and tracks your arrival and departure times with badge swipes.
And last but not least our unlimited R&R which people can never seem to use as you get excuses like how is your work going to be covered?
That's the position my spouse was in, basically holding up an entire product, nights and weekends, basically on call 24/7. Zero work/life balance. Got out and took a promotion at another company (that Fiserv never gave lol go figure) and had to "adjust" to a normal schedule and workload. The other people in this same fiserv team have all now left. It's a total mess for the company, but they don't really care how it impacted clients.
Moral of the story is GTFO. This place is toxic. Top to bottom.
I was a slug. If people pay me for a 9 to 5 job, then I put that time in. I do not bi--h about the occasional overtime unless it becomes a habit of my employer. I come into work, the office, to do my job. THAT is what I am hired for. I have worked in Manhattan which means a LONG commute. Both ways. I have never complained about that, the cost of having a good job. I know of colleagues who have been so abused by management and so much overtime, unpaid, that their health suffers. NO JOB is ever worth that.
I am done. I held my tongue for almost 4 years but the lies and gas lighting about flexibility by our boomer CEO is enough. He isn't a leader. He is an insecure mid-et whom no one respects. We have a hall monitor in charge of our company and it is reflected in the stock price that's done nothing but tread water for 4 years. What this dinosaur can't understand is that people collaborate remotely just fine. The struggle is the attrition this mo--n has caused where one person is doing the job of 3 other people who have left.
Back 2 years ago, when the job market was really hot and highly experienced people were leaving everyday, it was asked of senior leadership "What is Fiserv doing to retain people?" The response was always "Every company is having retention problems. We are trying to hire people in BH as fast as we can!" Right there I knew they couldn't care less about the current employees. They don't even try to get people to stay! They would rather just replace you with a person in BH or India.
Pretty disgusting… I expect more to leave…pretty much a sweat shop..some recent new hires agreed to the job based on 3/2 flexibility…(professional level jobs). One declined even before their first day.. I look for other to keep job hunting.
And then you receive email about Wellbeing and how to maintain work life balance.