The DTCC’s HR department claims here that "a hybrid work policy brings our people together for on-site collaboration and networking three days a week while also promoting flexibility and work-life balance – similar to how most companies across industries are managing since the pandemic. We also offer additional flexibility to accommodate how employees want to work. While we understand that some individuals don’t see the full value of being in the office, our culture is underpinned by colleagues actively participating in the life of our company through our Employee Resource Groups, apprenticeship/mentorship programs and special events. That’s one of the reasons why Forbes just ranked DTCC one of “America’s Best Midsize Employers” in 2023." This is a lie- first, the recognition was an accomplishment of the prior CEO, not the current one and second- employees are not stupid and three days unbalance the work-life balance significantly. When HR decides to be honest for a change- they would have to admit, based on the industry practice, that most companies, although they implemented 3 in office days- they don't threaten anyone and they don't force anyone to police in office attendance under the threat of being fired (even if they are top performers). The new CEO and those in the leadership of DTCC who didn't leave, decided to threaten everyone at DTCC. They decided that managers will be fired if their reports do not come in 3 days a week. This practice is unheard of across the industry and most firms have their employees show up in offices one day a week for the most part. HR/DTCC- do your research and explain why you decided to take disciplinary actions against your people/teams, including terminating their employment for the sole reason of them not being in office 3 days? We have proven our loyalty, dedication and hard work by generating record revenues for the past 3 years. There are few teams whose operations are impacted by the in office presence but the rest of us are more productive with the flexibility we had and remote working. Also, we have been successful in collaborating and participating in various groups and forums remotely. What you force us to do is that instead of dialing in to the meeting from our home office- we now have to do it from the chairs in our cubes!! Make it make sense please.
