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I work at one of the big 5 Canadian banks in technology. My manager told me to come with him to a private room and he tells me I have a HR meeting tomorrow Thursday (payday) at 1pm.

I ask him what it is about and he says he doesn't know. I prodded further and asked "should I be concerned about my job?" And he said my job is not at risk here.

I find it very cryptic and of course very anxious. My last 3 years of performance reviews are of a solid quality.

Also to add, our teams are severely short on staff and just hired 15+ full timers over the last 3 months. Just yesterday our AVP gave a large townhall describing the big pipeline of work coming our way, celebrated our accomplishments and reiterating why we are such a good place to work at.

Any advice? Do I need to prepare financially for termination?

closed as off-topic by Philip Kendall, Dukeling, Masked Man, gnat, gazzz0x2z Jan 25 '18 at 10:28

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    Um...is it likely that someone who doesn't know your boss and company would have more knowledge about this than you do? Are HR meetings often used for terminations? Has your boss lied to you before? – thursdaysgeek Jan 24 '18 at 21:40
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    Then just wait. If they wanted (or could) disclose information they would have done it. – Sandra K Jan 24 '18 at 21:46
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    Also if you were being terminated it would have been done when your boss pulled you into the office. When I was a manager I had everything done for the termination short of sending out the notification email done. Walk you to the room, tell you your employment is terminated effective immediately, and give you a box of your stuff. There would be no "oh you have a meeting tomorrow with HR" if you were being termed. You could mess too much up with prior warning – BirdLawExpert Jan 25 '18 at 2:06
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    +1 @BirdLawExpert In my experience, if HR and/or your boss are planning to terminate you, they won't give you advanced notice of the meeting. – Steve-O Jan 25 '18 at 4:18
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    @ZachA, well, what happened? – teego1967 Jan 26 '18 at 11:37
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It could be literally anything.

  • Your boss could be lying and you're getting fired. Unlikely because firings usually happen immediately so you don't have time to prepare.
  • You could be being laid off in the near or mid future, or given the opportunity to take severance and leave voluntarily or risk layoffs in the future. That's pretty common
  • You could be getting discipline for something. Perhaps you said something you shouldn't have or someone made a complaint about you.
  • You could be getting a promotion (or be offered one). You never know.
  • You could be being transferred to a different department or location

If I were to make a wild, random guess, I would speculate it's either a transfer of some sort or:

  • Someone else is being investigated and you're going to be asked if you saw anything or know anything about it. This sort of thing is very common when a company is being sued.
  • I sincerely hope it's not the first point. I was terminated in my previous job of 3 years without advance notice and around 1-2pm. It could be a possible transfer because I was shuffled around 3 teams that needed help as my boss claimed – Zach A Jan 24 '18 at 22:27
  • @ZachA Your first point explains your worries. Your second would explain why your boss wouldn't know the topic of the meeting (he might like to keep you on his team). For your peace of mind (and because, as Kilisi said, there is anyhow not much you can do) I would go with your second idea for now. – skymningen Jan 25 '18 at 10:00
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Do I need to prepare financially for termination?

Not a lot you can prepare in half a day. Relax and see what eventuates. Unless you're getting fired which you have been told is not happening then there is nothing positive in getting upset about it.

Wait until you have more information then move forwards from that.

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