Marketing’s getting blown up tomorrow 9/27.
Same old Same old
I’ll bet they met to talk about the money set aside for salary and bonuses of the people getting laid off. Senior management will remind middle managers that all that money for raises and bonuses is discretionary and should be left alone for Senior... — read more
I think so....
Yes, I think the layoffs announcement is this week and I'm ok with it. I rather know than be faced with the unknown every time I come to work.
Is this it? Layoffs
2 big Corporate Meetings next week. I wonder if this is it, the big layoff announcement????
Interns
Interns are finally out. They’re throwing money on interns instead of the actual employees. What a shame.
More is coming?
I hope not, but I hear rumors that more layoffs are coming.
Layoffs occurred today
Under the WARN amount to keep out of the news
CEO
CEO of having lavish trips, interviews that have nothing to do with the running the company. Under her tenure it’s slipped from mid fortune 70s to the 100s. All that DEI and ESG is doing the company so well.
Cio busy taking pics and underneath layoff ppl
Interesting to say cio cares about people the layoff hundreds . He should first zero his bonus and his directs before letting anyone go because of his mismanagement
Layoffs Confirmed
EC discussion confirmed layoffs. How bad do y'all think it will be?
Black hole
Is it just me or does anyone else find the worst part of working for TIAA is becoming their client. Nothing like having your COBRA benefits being threatened because it’s gone into the black hole we all know exists there.
401k loan
Was anyone denied a 401k loan due to a technical system issue? 😡
Cyber Chaos
CISO 'reorgs' an L4 out who has the best cyber leader ratings and is well liked in the organization. Seems more like CISO was threatened. Morale definately will be interesting to monitor. It sounds like many in cyber think the CISO has any clue what... — read more
Anyone get stiffed on their Bonuses?
Did anyone get stiffed on their bonuses by pulling the ol "variable" compensation trick? Oh yes! Last year it was 20 but this year ut magically turned to a 5. Hocus Pocus!
Another change in Wealth Management leadership?
They announced new leadership for three positions in Wealth Management yesterday. That’s like the third or fourth change in the past 5 years. What’s up with that?? Of course, all three are from the outside. It seems very rare for them to develop... — read more
Below inflation raises
I’m hearing raises are well below the 7% inflation rate. They keep telling us how financially well we are doing and effectively decrease our pay. Execs and HR are so cheap. Bet they all get higher checks.
Breaking point
I was overloaded for months and now I'm burnt out. The more I worked, the more was added to my plate. I'm exhausted but I'm still hesitating to quit, considering that the competing companies too squeeze employees as much as they can. What was your... — read more
Desperate for cash
They borrowed another 1.3 Billion just in the last quarter and their YTD net income isn't even 400 million. They keep shuffling assets around and cutting headcounts in order to hide the fact that they'd be losing money if they didn't. They only... — read more
TIAA Bank Sold
TIAA Bank has been sold. Goes to show that for those that try your hardest and commit to the company and their values, and get a 5 star review on your employee reviews, it doesn't mean jack sh-t when you're being sold. So my question to you is, why... — read more
Question
I heard TIAA no longer give employees a percentage of their yearly salary when they "hit" 25 years of service. Is this true?
How many obeyed marching orders over their tenure?
I see the same people complaining who also followed top down marching orders when it came to isolating highly productive teammates. Karma..do you really think following top down management orders made you safe? Everyone’s usefulness eventually comes... — read more
VAXX Mandate at TIAA
What we’re the specifics about the corporate mandate at TIAA regarding vaccines? Did they offer real review for exemptions or just allow application for exemptions? We’re any exemptions granted? If so, what we’re the titles of those granted... — read more
S.Craun gone anyone know why?
S.Craun Head of Global ops left last month. I know they are outsourcing ops but Nuveen is now looking for a new head of global ops. Whats going on there?
Others must have noticed this as well
In the past, it was possible to advance your career at TIAA by going the extra mile and being great at your job. That's no longer true. Now being mediocre is the preferred state because only then does nobody perceive you as a threat. Instead of... — read more
No, you're not safe
Yes, attrition is high. Yes, a lot of people have already been laid off or fired. No, we're nowhere near done. I admire people who can still live in a fantasy land where a job here comes with job security. The fact is, it doesn't. Look around you... — read more
Bank Sale
Bank set to be sold, aim to close by end of July. Rumor has it buyer is a hedge fund.
RE Denial
Anyone else have their RE denied? Or willing to share if theirs was approved? I am looking for commonalities on how they made their decisions. Or any insight really.
Bad in every aspect
I often wonder how this ship even manages to stay afloat. Has anybody ever worked for a company that was more disorganized? I know I didn't. Honestly, I'm always shocked that we're not doing much worse than we are. I don't plan to wait and see if... — read more
Boring Site
Any interesting/ important information to share?
Flexibility Champions
What is up with all these drones having the words Flexibility Champions on their sigs? You are a flexibility champion but you must come back to the office. Does not make any sense? You require vax, yet you are thw flexibilitu champions. This place... — read more
I'm outtie soon.
I'm waiting for the annual report to come out, which it still has not. in light of the big jump in traditional payout, the massive loss of staff in the voluntary severance exodus and the upward trend in surplus notes, I'd like to get a feel for how... — read more
Bonuses
Where the February bonuses paid out yet? Who is looking for another job now?
Comp discussions
I know pay increases aren’t linked to inflation, but rather market data…but a 2.6% increase seems pretty low. How’d it go for anyone else?
Gee, I always wondered where the savings from Save to Win went..........🤔
Toward the purchase of a shiny new teleprompter!!!!!!!!!! Price is Right announcer voice 🥳🎊🎉 😏
Any idea why branding was removed from new badges?
Hi, just curious why our new badges no longer display the TIAA name and logo? For those who may not have received theirs yet, the new ones will arrive by mail and the enclosed letter refers to them as "non-branded". They have changed from blue to... — read more
This job is unbearable
The stress of working here is ki----g me. I know, it’s high time I left this place because it's not worth it. I just wonder how the rest of you are handling the stress here, can you relax at all? Or perhaps only those in the highest positions... — read more
Here we go, this should be interesting...........
The Ted Talk-esque style set up The phony old school sitcom applause on cue (let's see if there'll be a laugh track as well for any corny jokes told) The teleprompter on the floor in front of her Buckle up, the next hour and 15 min should be a... — read more
Posts on TIAA’s page censored
Multiple posts and comments have been removed lately. Disgusting