Thread regarding Fiserv Inc. layoffs

Are promotions even possible??

For several years I have exceeded all on every metric DW didn’t ’k Ow my name’ and didn’t approve a promotion. Which, wtf? I was working, not schmoozing. Now I hear HR is not only not approving, but not responding to managers on promotions which were submitted months ago. I understand this company wants to keep all costs down, but is there really some moratorium on growth? Or is it only those under CAPS? I don’t want to leave, but….


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| 35 views | | 17 replies (last 6 days ago) | Reply
Post ID: @OP+1m01f6vdr

17 replies (most recent on top)

Promotion?! Don't hold your breath. I was promied once. Took them about a year to do the paperwork and get 5% raise (vs. 3% annual). Don't believe anything until your paycheck changes.

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Post ID: @1n5+1m01f6vdr

@OP I just got promoted with a 54% pay adjustment. They said I was doing exceptional work and that I was hired under the mininum for the market. whatever that means. I'm now at $49K per year. I struck gold $$$$$$$$$$$$$$

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Post ID: @14j+1m01f6vdr

So if you don't want to get promoted then this is a good thing?

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Post ID: @n2+1m01f6vdr

@k7+1m01f6vdr

He was head of FIG for a while. One of his names is also the name of a color. Choosing something that vaguely rhymes with his name would be an ugly fight.

If those aren't enough clues, then you don't know this leader.

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Post ID: @k9+1m01f6vdr

Who is DW?

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Post ID: @k7+1m01f6vdr

My experience was that I was given a promotion, but took 18 months to take effect. That year it took effect I got my promotion and bump in pay, they also refused to do merit increase. That's pretty normal, but the raise/promotion was not much more than the raise, so it's like I got my merit a little early (2-3%) bump. I left f-serv, got a 28% pay increase with the new company. I got a merit increase the first year, and second year got a promotion and another 22% bump in pay. Best choice I ever made, leaving f-serv.

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Post ID: @js+1m01f6vdr

@hc Remind me... are you one of the losers he brought on to the CU-team that basically run his agenda for him while he is MIA?? Ya thought so, low IQ yourself for defending that sc-mbag

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Post ID: @hk+1m01f6vdr

@hc Hi there, DW or is this a son of DW that is employed with Fiser too?? That is hilarious! TALK to the clients and consultants... he is a JOKE! Any product he has touched ... in the ditch

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Post ID: @hj+1m01f6vdr

DW is a strong leader and is respected by clients across the industry, unlike the low IQ disgruntled people on this chain.

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Post ID: @hc+1m01f6vdr

I’ve been here 5 years and every promotion is a fight and a behind the scenes deal. You have to basically tell them you will quit if they don’t promote. They can do it if they try.

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Post ID: @g4+1m01f6vdr

@dc 100% fraud!!! I am in awe of how he hasn’t been found out yet! I feel sorry for that Credit Union team. Divya sure sc--wed that team.

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Post ID: @dh+1m01f6vdr

DW is a fraud. He knows nothing about the Industry or how things should work

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Post ID: @dc+1m01f6vdr

It’s been noted on here several times that unless you’re in the same building as the execs (those brought in by FB) the job you currently have is the job you will always have.

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Post ID: @d5+1m01f6vdr

If under DW as posts mentions… no way it will happen. He only takes care of “his” people… most corrupt leader. I am so surprised how he keads this board on bad comments and stays employed

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Post ID: @bk+1m01f6vdr

I've been there over a decade. among. the top performers on my team - reviews have always been meets or higher (mostly exceeds)

not one promotion, despite expressing that I feel I deserve one to my managers (I've had multiple over the years).

they've hired people onto my team with a higher grade.

I've found another job outside of finance / fintech. giving my 2 weeks on Monday.

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Post ID: @b6+1m01f6vdr

Fiserv always seems to have a hiring freeze more frequently than the time it takes for a promotion to go through.

When they do try to submit a promotion, it needs a manager's approval. But they are on vacation in Hawaii that week. When they get back, it will need a different manager's approval. Who just so happens to be in Hawaii that week. And then when they get back, there will be a third manager who also happens to be on vacation in Hawaii. But before they get back Fiserv will have another hiring freeze and the process will need to start over from the beginning.

The best way to get promoted is to start as a new employee at another company with a higher title.

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Post ID: @ay+1m01f6vdr

I haven't seen anyone promoted in years, even had a manager leave because they couldn't get any promotions approved.

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Post ID: @aq+1m01f6vdr

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