I see more and more people complaining about bad reviews, which they think are unfounded. My impression is that the whole review process is designed to be a cover for layoffs by numbers, and not by quality of work and results. Vast majority of layoffs are just simplified cost-cutting measures without strategy. That’s why we’ve been steadily losing the most competent, talented and reliable colleagues.
10 replies (most recent on top)
Ethics at Wells Fargo, what's that? After all, this is the bank that created fake customer accounts, they are good at making up fake stuff. It is deeply embedded into the culture of corrupt management, and they don't feel anything wrong with it.
If you are truly performing exceeds or higher work and you haven’t slept with you mgrs spouse then the worst you will get is a meets. If you are getting an inconsistently meets there is a50% chance you are a meets and a 50% chance you are below meets.
First I think people need to remember how these ratings work. When your manager grades you it's not based on your performance even though that's what they will tell you, it's all a personal perspective for them. If you get a low score then that means your manager doesn't like you and is basically setting you up to get canned anyway so you're in a failed State and you need to start looking right away because you cannot change your manager's mind. A meets is satisfactory your manager may not like you but they're not going to give you a hand out either they're just impartial more than likely due to the corporate environment right now. Those who get exceeds or goes above and beyond those are the people who whine and dine their managers in the evening or seek to make them personally happy with them you got to remember a lot of the people that work for Wells Fargo for the 10 plus years built their careers on personal friendships not on professional accolades so that is how managers approach the rating it's also why Americans get low rankings while every Indian in the bank gets above and beyond.
"Sometimes we have to make up stories to artificially lower their performance ratings. You have to understand that if managers can't come up with headcount reductions, managers get sc--wed and potentially lose their job. We managers also have a family to support and a mortgage to pay. Don't blame us, we got to do what we got to do.
Then you don't get to come at us with your holier than thou respitting senior exec cr-p on what will get us to where we want to go as a company.
You obviously don't have the ethics to lead people and then you wonder how you can motivate your teams.
What your doing isn't management.
"I ki-l it Fred company I have loyalty,"
PC Loadletter, what the F does that mean?
I am one of the COO managers in Texas. I can speak from my firsthand experience. We usually get rid of the employees who are not our favorite. Sometimes we have to make up stories to artificially lower their performance ratings. You have to understand that if managers can't come up with headcount reductions, managers get sc--wed and potentially lose their job. We managers also have a family to support and a mortgage to pay. Don't blame us, we got to do what we got to do. Sometimes managers have to lie to survive. My executive bosses are doing the same thing to survive. If you are in our shoes, I am sure you will lie to survive too. In my mind, managers' actions are justified.
That’s exactly what they are doing. Demand examples and force them to have specific actions you can take. They won’t. Be prepared to be laid off (if you want severance then stick it out, otherwise start finding a better place to work where they actually treat employees like human beings.)
Got inconsistently meets after almost 30 years of never having a bad review. I ki-l it Fred company I have loyalty,
It’s just fn sad! we run the bank. The CEO does not.
Many, just scroll through the past week of posts here.
I received inconsistent meets today.
Lob: Technology
YoE at Wells: 6 years