as the Canadian lender tries to increase productivity
TD told employees WorkiQ will help managers regain transparency lost in a remote work environment.
JPMorgan, the biggest U.S. bank, was starting to monitor the hours of its junior investment bankers, saying it was for their own well-being.
Some gems from the article. It’s interesting that they’re targeting this towards the investment departments.
Given how The Big 5 copy each other, this is likely either already the case at the other banks or about to become the case. Which means there’s little negotiating power for unorganized employees to do anything about it.
Gotta ask my buddies at TD abt it.
People need to check out their local credit unions to keep the profits within their provinces/territories thus preventing the profits being siphoned to Ontario that’s then used to bribe our federal government.
I switched to Meridian some 10 years ago when I discovered that my TD employee rate for mortgage was higher than what Meridian offered on a normal day. It was funny telling my (ex-)colleages that I use a credit union instead of TD. 😅
This yes this here
Say hello to Big Brother! Welcome to 1984.
After lawful access act c-22 passes.
TD: “Woops we had to share our 6 month metadata to the RCMP after our workers organised for better working conditions”
☝️☝️ I feel like this is most of what these recent changes are.
I feel like this will massively backfire. You get the best outcomes from your workers when they feel valued, are given agency, and take ownership of the work. If this is perceived as being used to monitor performance, then the damage done to the employer-employee relationship will have much more adverse consequences than the marginal gain they glean from task analysis.
moniter their hours for their own welbeing.
From what i know of certain sectors this realistically means: “your working too many hours and should take it easier because we dont want you to burn out (but you definately NEED to put in at least 20hrs unpaid overtime each week or you will NOT be getting promoted or advancing your career at any pace.)”
But its not worth the air saying because its a farce, they dont give a single fuck about their employee health - only the bottom line.
Nice. That should replace a lot of middle-managers and the price of borrowing should go down. What…?
