I had saved this off and thought I'd post it for anyone looking for info about the 401(k) match. The second bullet point has the details for those 60 and up. Change to Eligibility for Company Matching Contribution Effective January 1, 2023, to be... — read more
Pumpkin Spice & Pink Slips: BNY’s Brewed Awakening
As September rolls in and the scent of cinnamon wafts through the air like a passive-aggressive performance review, BNY Mellon’s Executive Committee has declared its Q4 strategy: transformation through seasonal beverages. Forget earnings calls or... — read more
Mental health
Just a reminder to get up, take a break, get away from your computer regularly. Take 5 or 10 minutes every hour to focus on yourself. The clown Robin can afford it, and they're going to mark 25% of us as not meets anyway :)
Below Model fallout!
What typically happens if you fall below attendance model first time? Do you get put on a naughty list?
Ratings for promotions
From the new rating scale, what do you need for a promotion on scale of 1-5. My manager is telling me he can promote team members on met (3) but I heard from reliable sources only if they get 1 or 2 can be promoted. Does anyone know the correct... — read more
BNY is just a job
I’ve learned the hard way not to get emotionally attached to a company. Treat it like a job, not a family or a mission. Give your best at work, but don’t let it control your life or define your self-worth. Trust me, nothing good comes from being a... — read more
Career Change
Never until I started working here did I think I would ever pursue a career change in a completely different field. Extra change is going toward savings and extra time (because sc--w working late now) is going toward the classes. It will be my side... — read more
Let them eat cake!
Did RV seriously just post on LinkedIn with a picture of his free cup of Starbucks?!!! Seriously an out of touch leader while he makes those of us at non growth centers suffer. Talking about non growth centers… what was the point of shuffling... — read more
Salary range info
Is it available anywhere? Or can someone chime in with the range for VP, VP II, and SVP?
Goldman sachs
Why are so many goldman sachs folks being recruited into bny to take positions?
Infosys parallel team
I’ve heard that an Infosys team is working in parallel with current employees in certain areas, with the possibility of eventually replacing them. Has anyone else heard about this?
4 days a week
Are you excited to go to the office? All the free coffee! Xoxo Robin 😘😘😘
New Dublin office
What is the opening date for the new office in Dublin? Am I right in saying Bny are taking over 4 floors in the building and not all are opening this year?
Sad state of affairs
Whenever we hear someone is leaving the firm, the first question is always “leaving on their own?” It is not right that our brains have been trained to think this way. The impact of poor mental health from a toxic workplace can last a very long... — read more
Is it worth it to negotiate the severance package?
I was offered a severance package of 2 weeks per year of service. Was wondering if anyone had successfully negotiated more weeks per service and if there was any way they would match the 401k for this year.
Layoffs
Anyone heard anything about layoffs happening on September 15? Trying to confirm if there's any truth to the rumors.
Return to Oblivion (RTO): The Crusade to Cost-Efficient Chaos
In the gilded towers of BNY a bold new vision has emerged—one that promises to revolutionize banking by replacing logic with leveraged cost ratios, and employees with AI bots. The mission? A 25% displacement goal so ambitious it makes someone with an... — read more
Return to Office - Unofficial Layoff
They have started the next round of layoffs without having to pay severance. They are cherry picking which employees are allowed to remain remote and those that need to report to either Lake Mary or Pittsburgh. Failure to relocate is considered... — read more
Anyone else notice that….
These Clown hall meetings , Dermie P-O-M eyesores, investor conferences etc. etc. etc. always seem to happen around two weeks after a ‘blood letting’ here? Jupiter sized head Dermie will have a complete waste of time agile p-o-m snooze fest on 9/25... — read more
This place is toxic
They’re trying to break us so we leave and they dont have to pay severance. We have all experienced it or witnessed the behaviors. , U.S staff treated like 2nd class citizens, wrongful terminations, intentional forced ratings etc. The list goes on... — read more
Elevators
Maybe they should have had all elevators functional before mandating 4 days in office...The Executive Committee ought to be replaced with AI. Would save the shareholders tens of millions with 16 lay offs and not miss common sense issues like have... — read more
Principle Review: Thrive Together
The EC sends out an email today reminding everyone about the principle of "Thrive Together." Well, let's review the principle and how it is defined on paper vs. what it means in practice. On paper: "Our culture is built by all of us, and we lead... — read more
AI BS
Looking at the stats today. Eliza Pulse Own it. -37% Stay curious -17% Thrive together -43.13% Engagement with Eliza is tanking.
Showing up and thriving together.
Hilarious.
Hours Tracking
When will hours in office start being tracked?
9/2 4 days a week starts but period end 9/6? Wtf
Why no reminders from hr?
Poole Office Closure
Does anyone have the date when the office closure will be announced and when it is expected to actually close?
Rumor: Goldman Sachs is buying BNY
Probability? Thoughts?
Manchester Desks
Come on admit it who thought up this idea of everyone having to book their desks? Forcing everyone into 4 days a week now coming up with yet another way to sc--w us all over. Can you believe there is other places to work where you can just go into... — read more
What happened to retaining talent?
Thats all the state yet all i see is hood , knowledgeable people being let go and the clueless ones kept. What in the actual f-k is this placing thinking and how do they think this is the smart way to do business. Lets run the company into the ground... — read more
Liverpool office
Anyone got any ideas if Liverpool is to remain open? Lots of uncertainty at the moment.
A Joyful Compliance Folksong
(Verse 1) Oh the bald man arrived with a spreadsheet in hand Declared, “I’ll bring order to this unruly land!” He counts every swipe like a shepherd with sheep And tracks your logins while you’re fast asleep (Verse 2) He’s got charts for... — read more
Wfh vs in office staff
Glad they continue to show favoritism for in office folks when they created separation amongst staff. Lets pretend wfh staff doesn’t exist on any level except to pick up the dirty work, But lets continue to ensure in office staff get goodies ... — read more
Regarding lump sum severance
Significant tax implications receiving severance this late in the year. Is ther any way to negotiate a January 1 payment?
Why merge with us?
With the culture and functionality in such a poor state, why would anyone willingly want to join us? We will be a poison pill to any partner. Countless case studies exhibiting cultures like ours destroying their new host entity. Any higher-ups... — read more
Meetings are out of control
I swear, more and more hours are being eaten up by endless check-ins with no real purpose. Work slows down while we have to listen to pointless updates and calls. Everyone is rightfully frustrated over this - outside of those who have nothing else to... — read more
Layoffs today
I personally know one guy laid off today. Risk modeling.
25% Below
Does anyone have more info on how this will work year end? In particular, my platform in Manchester put an employee off track at mid year and she has just resigned. Does this mean that another team member must now get below or is it ok that we lost... — read more
Is there some kind of post layoff HR portal?
I got laid off and got no off boarding information today. My manager told me to hand in my laptop and expect to get my paycheck end of the month. I would like to get all my HR stuff like 401k details and my paystubs