Thread regarding Fiserv Inc. layoffs

I want to leave Fiserv… but worried.

I’m done. It’s been a year and five months for me here at this company. I learned a lot and love the people, but honestly management and Frankie boi are making every aspect in my life a negative. I wanted to ask the people who are way more experienced than me, should I leave or grind it out until the two year mark? It will be hard to do so. I’m forced to sit at a desk and be monitored like as if I’m some sort of dog. Everyone always talks about leaving, but I’m worried because I only have a year and five months under my belt. Is that okay in order for me to begin my job search? I hopefully am looking for something remote or at least 2-3 in the office. I was wondering what thoughts you may have? It’s just been rough. I’ve been treated badly, but at the end of the day I swallow my pain. What’s crazy is that I’m only 24 years old and I feel the pain of those who have been here for decades. If they can’t take care of young folks, how do they expect to grow in the future? Any advice would be much appreciated and I hope whoever is reading this has a blessed day and hopefully you are not in my kind of situation. Thanks!

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| 1626 views | | 14 replies (last August 21, 2023) | Reply
Post ID: @OP+1o7rgB3x

14 replies (most recent on top)

Jesus. You're 24! If you have learned all that you can(or want) to learn their, just bail and go somewhere else that offers greener pastures and less headaches. Believe me, there are plenty of GOOD places to work.

Take it from someone with nearly 40 years in the tech industry, there ARE really su-ky places to work, sweat shops. Fiserv is a great example. Yet, there are places where you look forward to coming to work, places that value you and your input.

Gosh, at 24 I was still chasing skirts and hanging out in bars. Kudos to you for getting an early start on your career! Good luck, and kick a-s! Don't even look at the rearview mirror when you leave Fiserv.

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Post ID: @6ycu+1o7rgB3x

Vesting period for the company 401K match is 3 years. Leaving before 3 years forfeits the company match portion. Long periods of Elevated stress results in guaranteed physical health issues. If your current pay will cover your future health expenses, then stay. Otherwise find something that is less detrimental to your health - even if that means taking a temporary pay cut. Keep in mind that confidence in interviews = more money. No company wants to hire someone that comes across as weary and tired; unless they’re desperate for employees…

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Post ID: @1shy+1o7rgB3x

Look for your next opportunity but when you find it, roll over your 401k balance to your next employer. Do not cash it out! I think the people who have no money for retirement have taken the cash thinking it is a small amount. Plan for your future starting today.

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Post ID: @1khl+1o7rgB3x

The company is a mere $hit stain compared to what it used to be. Look while you have a job, then tell Frank to go f*** himself when you get a job offer.

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Post ID: @1hrg+1o7rgB3x

I left my first two jobs out of college before the one year mark. Job hopping has less stigma then than it does now. Go on and jump grasshopper. Just have a job offer first.

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Post ID: @tce+1o7rgB3x

Continue to find new skills that will make you more marketable and keep an eye on jobs available. When you find the right one, apply for it.

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Post ID: @ose+1o7rgB3x

Your information about preferred minimum employment is out of date. The new rule of thumb is six months.

If you want to make more money you should be expected to switch jobs every six months. The only way to increase compensation is to switch employers. No companies value loyalty, and Fiserv especially does not value loyalty.

You cannot job hop too frequently. If you ever reach a point where it is too much job hopping, then you won't get hired by the next place and as a result you will stay at your current employer until the next place hires you.

The employer made the rules, you are just playing the game. It is their fault it works like this.

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Post ID: @vdi+1o7rgB3x

For the OP - basic career advice I wish I had been given at your age. Always be ready for your next opportunity. What I mean by that is you should be actively looking at job postings in your career - this will key you in to what skills you need to gain and how much compensation people are getting in your field. If you have a mindset of always working towards your next job - you will be much better off when you do need to jump. Also, don't under-estimate the impact of a toxic environment to your personal well-being. Life is too short to be miserable in a job!

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Post ID: @lgj+1o7rgB3x

I see ol' Shilly pops up to make a BOOTSTRAPS post. So shocking.

As for the OP. I'm not sure why the two year mark matters. It shouldn't. Like others said, be proactive and start looking. That process took me several months, though I wasn't being aggressive. Just take it one step/day at a time and work on escaping.

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Post ID: @plq+1o7rgB3x

Don’t waist your time at Fiserv and don’t give up. It is easier to find a job when you have a job. Send your resume daily, interview, and a better opportunity will come your way.

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Post ID: @qcq+1o7rgB3x

Regardless of if you’re leaving or staying, it never hurts to:

  1. Speak with mentors
  2. Update your resume
  3. Apply to jobs
  4. Attend interviews

By the time you find something new, you might be close to your two year mark anyways. It took me 3-4 months to do the above steps. Good luck, stay positive. 😊

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Post ID: @xnr+1o7rgB3x

What is so bad. The fact that you should be working 8 hours a day and have a manager to report to? Sounds like you lack accountability. How have you been treated badly??

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Post ID: @fus+1o7rgB3x

It is toxic. Start looking

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Post ID: @oup+1o7rgB3x

If you are going to whine like this you'll never make it anywhere, Make a decision and own it.

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Post ID: @ghj+1o7rgB3x

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