They are closing sites and jamming people in the office while they make the change to 5 days/week. The thing is, it is 5 days in/5 days WFH. A week in, then a week out. This allows them to effectively double the amount of people that report to a building (closing the others) while still maintaining WFH. These changes won't start rolling out until Q2 (Q3 knowing them) 2024. It also has the added 'benefit' of balancing the crowds out. Instead of everyone showing up on the same day and it feeling like a ghost-town on other days, you will have a full, but not over capacity building every single day.
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Someone in HR told me that they are already doing the 5 days in office/5 days WFH. I don't think I would like that idea at all. You can say whatever you want, but I was originally hired as a 100% remote employee because my team is globally distributed, and none of them work in my office location. I know the company is intentionally trying to traumatize remote employees, but feels like their attrition strategy is working. Seriously, I don't feel like working in the banking business anymore, I might consider a career change.
If they want more attrition, they should get rid of most of the overpaid SVPs who are doing absolutely nothing. I have personally seen many of those deadwoods first hand.
Some LOB already operate this way.
Of all the things that's not going to happen, this is not going to happen most.
F RTO and F Charlie. What a POS. These ideas are from a POS
Sounds more like an Ops deal
Gee, I wonder which weeks all my PTO will fall on. These people are a joke. FRTO. If they want attrition they need to push out the clowns in HR/CPG/HY that come up with this stupid S.
Wouldn't work without strict guidance and adherence to general attendance policies. You'd have people who would try need to be out Monday and make up with a Wednesday of the following week. It would be a disaster as CPG would have no authority to enforce it.
For RTO I heard from a very high up source they will soon start handcuffing you to the chairs and require you to wear ankle monitors 24/7. They will use proprietary AI to see if you are not looking at the monitor at all times. If you need to use the bathroom please submit a temporary handcuff release ticket and hopefully you will only need to wait a few hours. The chairs are luckily complementary to sleep in overnight and optional beds will be offered for $100 a night (weekends $150).
This is not going to happen for staff groups. It’s too much to administer who comes in on what days. Immediate team members vs partners that you want to meet with when you’re in the office.
There are contact center and ops groups that work on A/B rotation schedules because it’s much easier to manage.
You're right, it will never be company wide...this sort of thing is nearly impossible with such a large company. It is just the focus where possible. Various markets allow the closure of some buildings to funnel everyone to less buildings. The week on/off split then satisfies WFH while fully occupying the buildings.
I wish people wouldn't downvote RTO discussions simply because they hate RTO. That's not what the button is for lol.
Honestly I'd be ok with this. It would come out to less overall days in the office than the current 3 day requirement though, which I have a hard time seeing them doing. I'm sure some LoB's may take this approach if it makes sense for them, but I don't think they'll make this a company-wide requirement.
My department had that since RTO and last month it was changed to 3 days in office every week.
I d rather it be 22 weeks a year (26 half the weeks less pto) so I only got to pay parking 6 months and can avoid my family in the summer when i want..
The only problem I see is that this has a logic behind it to balance occupancy so it will never work here.
Logic = bad
Stupidity = reward
cause an outage = promotion