RTO - Who's back now and what is your experience/perception?
Who's formally back (per their bank's mandate) to the office and how is adjusting back to being in office been for you so far?
Has your bank set clear guidelines on how many days in office vs. WFH?
Has anyone refused RTO for and instead advocated for permanent WFH (minus necessary/occasional, in-office meetings/events) and, if so, how did that conversation go?
Following. We should all just refuse to go in. Tech bros are already making all that money with the hours they have from the comfort of their homes. Yes I get it finance is different, we have less hard skills, clients to keep on top of, hours are a part of the job, etc. but at least let us WFH. This is certainly not helping attrition and the "great resignation" and all that...
"They'll just sit at home and play video games" - my group head
*Walks around the bullpen early morning and late evening to tally up who is here
*Fucks everyone on bonuses despite a phenomenal year because "we need to generate more fees"
*Makes every deadline an overnight thing but doesn't touch it for a week while we WFH
"I don't understand why we have so much attrition, nobody stays" - also my group head
This is why banking will never be WFH below the MD level. Some of us on the team have been back for a while (not in the US) and 100% those who WFH have had a hit on their bonus numbers. The mentality is too old school.
Sounds awful. But tbh I wouldn't mind a slight hit to the bonus if it meant I could WFH from wherever and whenever as I please
I really hope you consider leaving
Tbh my bonus prob getting fucked but I stopped going in even tho it’s required. Haven’t heard anything from management yet so 😂
Lmao very nice. Is it just you or do others have some balls as well? They really don't have much of an argument if you are getting the work done
This isn't true for reputable firms in tech as well (same reasoning that I mentioned for finance below). I just did a quick LinkedIn job search and almost every job posted for FAANG is in-person.
bump.
bump
If you refuse RTO, you're getting pushed out. I know some coworkers who have lateraled to lesser known firms to remain virtual. At the end of the day all of the firms that get brought up on this site (even the ones made fun of) are so popular that they can remain in-person and still have all their seats filled without difficulty. If you want WFH, you'll need to lateral to a regional boutique which honestly you shouldn't do if you're very junior in your career, because the brand name of working at a reputable company will help a lot down the road.
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EVR is back, 3 days a week.
Love being back in-office. I’m at a small shop and get to work directly with my MD on most mandates, so it’s great to be in person to learn from him.
I find it to be a waste of time so far.
People basically come into the office to get on Zoom calls.
Lmao this was my gripe in a non related industry more mid pandemic, forced to come back, shitty commute, half the team had medical reasons or were out traveling, or got told not to come back in by HR because they wouldn’t wear masks (honestly, respect), so all calls were on teams anyways and 90% of the time it was me and one other guy on the whole floor. He was chill though so it was okay.
BB and it's 3 times a week and it's epic, I love my bank lol
What time of the day do you or other juniors head out though to work the rest at home? Before dinner?
7:30 PM is cool
BofA?
BarCap
What time do all of you who are already back get to head back home?
My bank wants us back four days a week. I’ve already started talking to other banks.
I'm at a MM at we are back in-person but at least have the leeway to leave around 6-8 for dinner or the gym and WFH for the remaining hours.
Separately, I got diddled as a child.
At CVP (ignore flair) and typically we do 3-4 days a week and everyone goes home around dinner time
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