Pros
Competitive pay. Good benefits. It’s not what it used to be though.
Cons
No real career path. Promotions are given out based on who you report to and not your performance. In a poorly veiled attempt to cut costs, TIAA is bringing is eliminating its flexible work-from-home benefit. The first to go are those who are working-from-home on a full-time basis. Entire teams are being eliminated solely based on their location. If you cannot report to the hub to which you have been assigned, then you are forced to take a package. In addition, should you choose to relocate to your newly assigned hub, there is no guarantee that your position won’t be eliminated in the near future, so there’s no real incentive for you to relocate. Morale is at an all-time low. Forget getting any work done between now and perhaps till the first quarter of next year. Good, productive workers are being eliminated based solely on their location. Who thought of this??? Next are those who are part-time work-from-home. While these people do have an assigned office, what is happening now is that their function is being relocated to a new hub. Again, absolutely no job-security and assignments seem arbitrary. What’s more, the exceptions they granted for those who could not relocate seem extremely random or based on who you report to. Apparently, those who work for people in the C-Suite and upper management were given an exception and not required to relocate. Unbelievable. This company is ripe for a class action lawsuit.