Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Salary Bands - Manchester J/K

Does anyone know the salary bands for J and K in Manchester, UK. Currently on 41K (J) and feel very underpaid. Also, presuming i'm low in the band, does this reduce the risk of layoffs?

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| 6570 views | | 7 replies (last November 24, 2024)
Post ID: @OP+1vwpVRvW

Next round - December or January

November has come and almost gone. Wave 3 is slated for March 2025. Jan 6 is the beginning of the PI Planning. They need to carve out the structure before that. With lean December - with tons of employees on vacation schedule and the 2 weeks... — read more 

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| 7850 views | | 5 replies (last November 20, 2024)
Post ID: @OP+1vvK6hCp

Notice period

Does anyone know what potential consequences they try to enforce if you do not adhere to the proper notice period when resigning from your role?

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| 7190 views | | 7 replies (last November 18, 2024)
Post ID: @OP+1vvB14yE

Any layoffs in November

Are there any layoffs expected related to RTO or other factors? I know they have to match the 401(k) by the end of November or in December."

BNY is in rapid decline

The energy’s completely drained, and morale's nosediving fast. Top talent is leaving in waves, smartly jumping ship as things get worse. Now we're stuck with a shrinking group of less experienced, anxious employees watching it all unravel. And it's a... — read more 

profit über alles

over people over longevity over stability over risk over trust

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| 5750 views | | 2 replies (last November 14, 2024)
Post ID: @OP+1vtS9tTA

Location Strategy….. Edinburgh

Any news on Edinburgh in the location strategy? Building being sold and potential buyers appear to be all hoteliers, so it won’t continue past 2026 as a BNY site. Are they searching for new premises? Or just close the site? With people... — read more 

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| 6260 views | | 7 replies (last January 21, 2025)
Post ID: @OP+1vtQOiAl

VIP points

Any word on whatever the 1k VIP points will be a thing this time around.

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| 6700 views | | 8 replies (last December 17, 2024)
Post ID: @OP+1vsNCD1I

Merit increases

When do learn what our raises are? When do the managers put in the percentage and how bad is it this year?

We need more help

Nobody cares that the company’s letting some of our best people leave without bringing in replacements. I understand it's tough to replace their experience, but just hiring anyone would help with this never-ending workload. I'd love to spend some... — read more 

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| 6210 views | | 6 replies (last November 14, 2024)
Post ID: @OP+1vrUMObr

Unionize? - Agenda and action steps

Hi folks, ex Mellon employee here. I see all the messages here. would you all like to start to unionize? we can host a zoom call - everyone uses fake names. I can run through an agenda and process of unionizing.

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| 6950 views | | 11 replies (last January 26, 2025)
Post ID: @OP+1vouS0qw

They are using RTO to get rid of the people

Anyone who is criticizing people upset about forced RTO, or blaming those who “abused” work from home- that is exactly what the corporate higher-ups want you to do. They make up the excuse that it’s due to those who didn’t do what they should at... — read more 

Senior Associate Pay Manchester UK

Does anyone have an idea of the pay band for a senior associate level role in the UK Or just some examples of your pay in this grade

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| 6010 views | | 4 replies (last November 9, 2024)
Post ID: @OP+1vnupFCe

Coffee badging firings...

Heard rumors of employees being fired for coffee badging after a review of in office activity in the US, anyone seen this happen?

Glassdoor reviews

Some of the most recent reviews for BNY seem to be more accurate.

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| 6090 views | | 3 replies (last November 6, 2024)
Post ID: @OP+1vmnQHpL

Working at BNY can make a smart person stupid

Sometimes I can't believe the words that I'm hearing being spoken by some of the most experienced people here - people who are supposed to know better! I've come to realize that this place has started turning smart people stupid with constant... — read more 

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| 5600 views | | 2 replies (last November 8, 2024)
Post ID: @OP+1vmyj9L4

Wilmington to Philadelphia?

Anyone know about the BNY Philadelphia location, and if that might be where they force us to report to if/when the Wilmington site closes?

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| 6040 views | | 6 replies (last November 7, 2024)
Post ID: @OP+1vlYReq2

RTO has been such a pain in the a-s

I know it’s only about pushing us out for free. So I diligently follow all the requirements. But I feel so stupid for doing it, because all of it is nonsense. It’s incredible how corporations manage to put us in such bizarre positions. Instead of... — read more 

BNY Pet Insurance

Does anyone know which pet insurance BNY is offering this coming year?

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| 4990 views | | 2 replies (last November 6, 2024)
Post ID: @OP+1vkKMIju

How much raise/bonus after a promotion?

Does anyone have any insight on % of your raise and bonus when you get a promotion to an SVP? Raises are usually >2% so I’m wondering what they’re like at year end if you get a promotion.

Layoffs in Wilm 11/4.

I’m hearing rumors of layoffs today in Wilm 11/4. Anyone know the numbers?

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| 5600 views | | 8 replies (last November 10, 2024)
Post ID: @OP+1vkQgDd1

HR/Oracle

Is it just me or are you no longer able to check your benefits from home? I can do time and attendance but there is no link for MyRewards.

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| 5490 views | | 5 replies (last November 11, 2024)
Post ID: @OP+1vjtcO5e

Wellesley Office

Axe dropped today. Wellesley office will close Dec 13 with all employees moving to Boston starting in January. Message was delivered by reading off script without any time for questions. Ice cold. Those who don't want to go will be fired for cause... — read more 

I was laid off yesterday

And I feel like a ton of bricks lifted off my shoulders. I wanted to quit for a while, because BNYM proved to be the worst work experience I’ve ever had. But there was always something that made me postpone my decision. You know, like life, and... — read more 

Forced Rankings

Forced rankings can be incredibly controversial, especially when used to manage costs at the expense of employees. While it may not always be illegal, it certainly raises ethical concerns. Transparency and fair treatment in the workplace are crucial... — read more 

Jacksonville, FL Office?

Any rumors on this office? Anyone leaves their position moves to another office or is not filled. Is this location on the chopping block?

Wexford office

Are we safe?! There is a lot of rumours floating about. No cirrent open positions. All positions being replaced in dublin/manchester. They own this building, will they sell up?!

4 Days in Office. Policy Enforcement Unfairness

Anyone catching the smell of bs? There are probably over 20 strict policies that are suppose to be enforced at BNY, but for whatever reason, the only policy I noticed that’s being strictly enforced is the RTO policy. I hope one day someone catches... — read more 

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| 5900 views | | 4 replies (last November 5, 2024)
Post ID: @OP+1veiBboz

BNY just doesn’t get it

It’s a simple concept: treating employees well is crucial for success. When you show respect, people are more likely to stick around and contribute to the company's growth. But if you mistreat even one team member, it can create a ripple effect that... — read more 

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