Yep. Having to have requirements that doesn’t flow with people very well and requiring constant updates, people WILL find shortcuts. In the office, I’ve seen sheets of paper with the password written down, I’ve seen sticky notes, I’ve seen people put them in notepad/word so they could just copy paste.
This is made worse, because you have to go out of your way for a password manager, which means you need to know what that is. And you need a good one because there has been (and I’m going to generalize here) problems with some password managers in the past. And for work, they have to allow a password manager for that to even be an option. Which you then end up with this security theater.