Vantaggi
Used to be a very solid company to work for. Good pay, bonus, benefits, flexibility. That has all be flushed down the toilet.
Svantaggi
Where to start? Well, first.....let's look at the regression of TIAA in my tenure there: 1. A huge emphasis on TIAA India, where many of TIAA jobs have been farmed out to. All in the name of cutting costs at any cost. 2. Two rounds of early separation packages to employees in the last 5 years. The latest was just announced that TIAA is offering **75 PERCENT** of their US employees voluntary separation packages. Re-read that and let that set in. 3. In 2019, they forced every employee working remotely (there were thousands) to suddenly report to an office. This was a clearly veiled attempt to reduce headcount. Many people left the company. The few who were hired to replace those people are now, you guessed it, working remotely again. Quite possibly the single worst corporate decision in the history of bad decisions. If you are job searching and TIAA is interviewing you or you are considering applying, think long and hard based on the events of the past few years. If they are offering 75% of their employees to leave the company, they are in SERIOUSLY dire straights. I would venture to guess they are barely even a viable company at this point. My mother worked for 30 years for a higher ed institution, her retirement is with TIAA. I have moved her assets to another, more financially stable firm. I honestly do not believe TIAA will survive the next 5 years, they are a good candidate to get bought out by a competitor at this point so the inept management can sail off into the sunset having laid off thousands of hard working employees in the name of the almighty dollar.