I've been thinking about posting this over the weekend...
Friday meetings are never good. Proper meetings are on a Thursday which allows for a drink after work.
Friday, at the end of the month (well end of the accounting period on the 2nd) is never going to be good.
In the meeting, our new director insisted that we double our workload. He's a "systems person" and has never worked in credit risk business banking and doesn't understand what we do. He looks at the fields we complete and tots up how long it takes to complete the fields without any thought as to reading the case, looking through financials, the calculations and decisions that go in to the inputs made. (Pressing the approve button takes 10 seconds but has 15 hours work behind it.)
I wrote about the loss of key software in the computer section last year which made it difficult to complete half the number of cases per month, but we persevered. My colleagues are working weekends to keep up on the original numbers, let alone the new ones. The other edict is that case quality cannot suffer so there is no cutting the work that we do for each case.
We are not alone, our rivals have made seriously brutal cuts to their equivalent teams but they got redundancy payments. In the past, if we wanted a new job, we just called up one of our friends at the other banks, but they've all gone and my colleagues have done the same with their friends. The cuts are so deep that we no longer know anyone at the other banks. :-(
There are no such redundancy offers here. It has been made abundantly clear that it's a case of keep up or get performance managed out.
I'm too old for this carp and I'm not working 19 hours a day (I saw a colleague log on at 07:00 and log off 02:00 the next morning and the system shows idle time and there wasn't any).
I may think about early retirement, 5 years before I wanted to.
Timing wise, it's crap. I may see if I can hold out to the new year, but any crap and I'm walking.
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