i’ll refer to this as quiet layoffs since working your job as described was quiet quitting and the real reason for this is so that people quit instead of being fired so it costs the company less
Wanallo221 on
> HSBC UK, which encompasses the lender’s British retail and domestic commercial banking units, would start providing line managers with more data so they could better monitor office attendance
This is the bit that blows my mind. At no point anywhere does this policy mention anything about ‘performance’ or ‘productivity’.
I’ve had a look at a few articles about banks on this, and absolutely none of them mention this as a way to increase productivity.
Which you would think would be the cornerstone of why you would want people back in the office ultimately: because you have loads of evidence that people don’t work hard when at home. But none of them seem to have that info (or be interested in it).
It’s just ridiculous culture rubbish. Career bosses with egos and no personality outside of their job not liking the idea that their staff can enjoy a work-life balance.
Miyatz on
Is it crazy to think bonuses should be paid based on performance rather than work location?
xParesh on
In my company, staff were given a choice to return to work hybid with at least 2 days in the office or be put on a fully remote contract that doesnt include London weighting. That meant a paycut if they did not already haver a remote/hybrid contract.
The vast majority of staff decided to return to the office for those two days.
The reasoning is that if you choose to live in a low cost of living area like Hull then you wont be needing a London salary to make ends meet.
XenorVernix on
HSBC are about to learn the hard way that these policies just cause their best staff to get better jobs and the rest will do the bare minimum of work.
scottrobertson on
This is just layoffs in disguise. They want people to quit.
SubjectCraft8475 on
Ive worked in many jobs with many people as im a contractor and go from job to job. And I know I will get hate but yes WFH kills productivity. When im at home I just take the piss, I watch TV. Play some PS5, jump on reddit, do a bit of work here and there. Go do some errands etc. And I know many others do the exact same thing. When im in the office I just do the work as there is F all else to do so why not. Also more work gets picked up and ideas are shared quicker and problem solving and helping eachother happens more because that team mate is sitting in front of you and you end up striking a conversation that leads to that.
But I hope this isn’t something companies pick up because I enjoy not working so let’s keep this WFH life going.
The only jobs that dont get impacted by WFH is target based jobs, e.g complete 5 cases a day etc, or take complaint calls etc. The output has to be done regardless of what you do because that performance metric is monitored. But any roles with no targets, such as consultancy, analyst jobs, projects etc productivity will go to crap.
7 commenti
i’ll refer to this as quiet layoffs since working your job as described was quiet quitting and the real reason for this is so that people quit instead of being fired so it costs the company less
> HSBC UK, which encompasses the lender’s British retail and domestic commercial banking units, would start providing line managers with more data so they could better monitor office attendance
This is the bit that blows my mind. At no point anywhere does this policy mention anything about ‘performance’ or ‘productivity’.
I’ve had a look at a few articles about banks on this, and absolutely none of them mention this as a way to increase productivity.
Which you would think would be the cornerstone of why you would want people back in the office ultimately: because you have loads of evidence that people don’t work hard when at home. But none of them seem to have that info (or be interested in it).
It’s just ridiculous culture rubbish. Career bosses with egos and no personality outside of their job not liking the idea that their staff can enjoy a work-life balance.
Is it crazy to think bonuses should be paid based on performance rather than work location?
In my company, staff were given a choice to return to work hybid with at least 2 days in the office or be put on a fully remote contract that doesnt include London weighting. That meant a paycut if they did not already haver a remote/hybrid contract.
The vast majority of staff decided to return to the office for those two days.
The reasoning is that if you choose to live in a low cost of living area like Hull then you wont be needing a London salary to make ends meet.
HSBC are about to learn the hard way that these policies just cause their best staff to get better jobs and the rest will do the bare minimum of work.
This is just layoffs in disguise. They want people to quit.
Ive worked in many jobs with many people as im a contractor and go from job to job. And I know I will get hate but yes WFH kills productivity. When im at home I just take the piss, I watch TV. Play some PS5, jump on reddit, do a bit of work here and there. Go do some errands etc. And I know many others do the exact same thing. When im in the office I just do the work as there is F all else to do so why not. Also more work gets picked up and ideas are shared quicker and problem solving and helping eachother happens more because that team mate is sitting in front of you and you end up striking a conversation that leads to that.
But I hope this isn’t something companies pick up because I enjoy not working so let’s keep this WFH life going.
The only jobs that dont get impacted by WFH is target based jobs, e.g complete 5 cases a day etc, or take complaint calls etc. The output has to be done regardless of what you do because that performance metric is monitored. But any roles with no targets, such as consultancy, analyst jobs, projects etc productivity will go to crap.