does it mean to be benched as an aml rightsource

lucas.M

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22-01-2025

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Being "benched" as an AML RightSource employee isn't a formal term defined in company policy. It's more of an informal term used within the company culture and among employees. However, it generally refers to a situation where an employee is temporarily or indefinitely removed from active client work assignments. This article will explore the potential reasons behind being benched, what it means for your career, and steps you can take if you find yourself in this situation.

Understanding "Benched" in the AML RightSource Context

At AML RightSource, a global leader in Anti-Money Laundering (AML) compliance, being benched typically means a reduction in active project assignments. This can range from a temporary slowdown in work due to project completion or client needs to a more prolonged period without active work. It's not necessarily a disciplinary action but often reflects a shift in project demands or a temporary lull in available assignments.

Potential Reasons for Being Benched

Several factors can contribute to an employee being benched at AML RightSource or any similar consulting firm:

• Project Completion: Once a project concludes, there might be a gap before the next one begins. This is a normal part of the project-based work nature of consulting.
• Client Needs: Clients' needs fluctuate. If a client reduces its scope of work or delays a project, employees assigned to that client might experience a reduction in tasks.
• Skill Set Mismatch: A shift in client requirements or project priorities may mean your specific skill set is less needed temporarily.
• Internal Restructuring: Reorganizations or internal changes within AML RightSource can sometimes lead to temporary assignment reductions.
• Performance Issues (Rare): While not always the case, in rare instances, persistent performance concerns could lead to a reduction in assignments as the company seeks to address the issues.

What to Do if You're Benched

Finding yourself benched can be unsettling. Here's a proactive approach to navigate this situation:

• Communicate with Your Manager: Open and honest communication is crucial. Schedule a meeting to understand the reasons for the reduced workload and discuss potential future opportunities. Ask about professional development training.
• Network Internally: Connect with colleagues in different departments or on different projects. Networking can uncover hidden opportunities.
• Update Your Resume: While this doesn't necessarily mean you should start actively job hunting, refreshing your resume is always a good idea.
• Seek Internal Training or Development: Use the time to enhance your skills through internal training programs or online courses. This demonstrates initiative and prepares you for future projects.
• Explore Side Projects: If your workload allows, consider volunteering for internal initiatives or smaller projects to stay engaged and showcase your skills.

Long-Term Implications

Being benched shouldn't necessarily be viewed as a negative career setback. It can be an opportunity for growth and development. However, prolonged periods without assignments could be cause for concern. If you've been benched for an extended period without clear communication from your manager about the future, it's wise to proactively address your career path within the company.

Conclusion

Being "benched" at AML RightSource, while not a formal term, generally signifies a temporary or indefinite reduction in active project assignments. The reasons can range from project completion to client needs. Open communication with your manager, proactive networking, skill development, and a focus on career advancement are crucial strategies for navigating this situation successfully. Remember to approach this with a positive attitude, focusing on growth and learning opportunities.