So, I decided to make some nice friends today, and have been looking at standards in banking contracting.
I see that other people have far less trouble either securing work or being promoted, despite having less relevant degrees, considerably less experience and less interest in the sector.
So, it seems we have a ‘useless boy network’ issue. I also see from online reviews such as this one, that the problems I encountered are nothing new:
The Ops managers are loathsome cretins. They sack people for fun, walking them out of the office in front of everyone, and have next to no true intelligence outside of creating pivot tables. Complete and utter sociopaths.
Terrible daily rates for Case Handlers (based on the pitiful internal banking systems and poor training)
Lack of support
Terrible Team Leaders who are chosen because they’re ‘yes people.’……
Good people are abused and let go because senior members of the team are threatened by kindness and intelligence.
Advice to Management
Too many managers, not enough sense. They get paid a huge daily rate to gossip and throw people under the bus. A project in London is carrying some serious deadweight across senior management. Stop sacking 20 entry-levels in a day, and start sacking Ops Managers – useless and a drain on company resources.
This is a review from the same project I was working on, for the same company, however this person was situated in London in 2015. This review is publicly available online. It could easily be from the same office I was in.
So, we ask ourselves, given that there seems to be an element of Hurtcore/sociopathy in the very company culture, is there any hope for this industry?
Not if they carry on like this. Anybody who has any sense will walk away. I have been trying to get this mess fixed for four months now. The people who did it took pleasure in it, and the people who should be in a position to fix it are only concerned about themselves.
This is not either healthy or economical, and the sooner companies realise that hiring this ‘consultancy’ company is like handing out a box of matches and a pile of their money the better. The last one I worked for was not like this.
