Toronto-Dominion Bank plans to track employees' work activity using software, raising concerns about consent and privacy, despite the company claiming it's a standard industry practice.
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.
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. 😅
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