With the minimum wage increase, does anyone know how the salary bands shift for each grade level? No need for sarcasm, I know it's probably not that big of a shift but I'm still curious where I land.
Has anyone gotten their 2023 year-end numbers from their manager?
Heard that the original merit increase/bonus pools were bad (20% less than prior year) but managers submitted them many weeks ago. Then the already bad pools had 40% taken away and managers had to resubmit. Now hearing whispers that they have been... — read more
PSA: equipment replacement will be taxable
If you place an order for a new headset, webcam, keyboard, laptop, anything, really, BNYM will fulfill it, but they'll pass the tax onto you and you'll see a line item in your pay check that shows the taxes you owed. So far this is only for... — read more
Managing Director Promo's
So many nondeserving promotions, simply an amazing place.
I'm nearing my burnout point
Is anybody else so overworked that they're just waiting for the day they're going to snap, say "fu-k it," and quit?
In office exception
On the homepage, there is a link to iin- office exception reporting. Within that page it talks of tracking whether or not you’re in office via in-office connectivity. Also claims they are not tracking hours connected….. just whether you connected in... — read more
I'm stressing so much
Even when we're fairly certain there won't be layoffs in the next few weeks or a month I can't fully relax. All I do is stress over it. I think things have gotten so bad that even in the few calm moments we get, the prospect of what we know will come... — read more
Woodland Park office closing
Employees relocating to other offices effective immediately.
Required Remote Inspection
Has anyone gotten a Required Remote Inspection - Virtual meeting request? We have no idea what it’s for.
December Layoffs
Any layoff expected for this month? If so when?
Too many BBH expats ruining things
BBH has a more white-glove service model compared to competitors in the industry. But they also put themselves in a position to almost be bought by State Street. While that was happening, many of BBH's finest came here. Many of these people are so... — read more
Oriskany
Is it true that there will be minimal raises and no promos for Oriskany folks?
Return to office is ‘dead’
https://www.cnbc.com/2023/11/30/return-to-office-is-dead-stanford-economist-says-heres-why.html Discuss.
Let’s make a list of what our leaders have stolen from us…
Perpetual Interest Free loan of current employees’ 401K match to the Bank for their use. Theft of 401K match if employee leaves Theft of Bonus if retire before payout. Loss of accrued vacation if terminated, retired or resigned, even with good... — read more
The precarious worker
Welcome to the dawning of the Di-kensian age in America. Row well and live! 😂
New minimum starting wage 46,800.00
So all new hires will start out at 46,800.00 per year starting March 1st. 22.50 per hour. Anyone making less than that will receive an increase to bring them to that amount. The people that have been here for years and barely make more than that ... — read more
Accrued vacation no longer paid upon termination of employment
Buried to today’s Corporate Policy Update, effective January 1, 2024: “Employees will no longer receive pay for accrued, unused vacation upon termination of employment unless due to health of an active employee or as otherwise required by applicable... — read more
BNY Mellon is a huge McKinsey experiment now.
Robin invited McKinsey in to redesign the way the bank works. He and Dermot are sitting back and watching how the chips fall. No care at all for the careers they destroy along the way. We’re only lines in a spreadsheet to them. Maybe they’ll succeed... — read more
5 days starting in january
are they not going to give us any heads up or what? oh hey come in 5 days starting next week and make sure you find childcare!
Do you agree those click through online tranings are waste of time in BNY?
I basically can't learn anything from those click through online trainings. I can just screen shot and click them through to get a passing percentage.
Why has this been the lowest layoff year for BNYM in 40 years?
There has to be a reason… Thoughts?
Question
How many on here actually perform like they should ? You know hit your goals, have good attendance, know your job etc etc? Because all I see is mgmt blamed . yet as a mgr I’ve had to become a babysitter to adults who don’t follow rules, direction... — read more
Trying to understand
When I joined BNY, I felt motivated, challenged and inspired by Bank’s unique position in global financial markets. But by the time I left, I was equally demotivated by cliques, favoritism, lack of new projects in my department, overhiring during... — read more
Numbers for next year
For my group - 20% First names to be given one day before thanks giving.
Procedures
anyone else notice the constant push and nagging to make sure procedures are out there and up to date? Now theyre in a site where if you delete it , it’s still accessible no matter what. This place is prepping to make sure when you get fired, some... — read more
We're just a number to them
The sooner you figure and accept that, the happier you'll be.
Be frugal this holiday season
Save as much as you can. Layoffs are not over by a long shot. We all love holidays, but if there was ever a time to not spend unnecessarily on that big item or trip you really don't need, this is it. I'm not being a Grinch, I'm just worried with good... — read more
Did anyone get impacted in last one month ?
Are there any numbers ? is there any clarity on which department got impacted ? any specific details.
Citibank laying of “tens of thousands”… is BNY next?
are mass layoffs coming industry wide?
EMEA colleagues tend to be more insufferable
Don't get me wrong, I've worked with a number of great colleagues based in EMEA and I would say most colleagues from EMEA are pleasant to work with, but of all the unpleasant, arrogant, or true deadweight employees, more tend to be based in EMEA. ... — read more
Woodland park office closing by Dec 31,2023
From valid sources
240G asking for ID
Why isSecurity asking everyone to show IDs when entering the building at 240G.
Our reputation is suffering
Soon we won't be able to hire new people for positions that desperately need filling. Think about it, who'd want to jump on board with BNYM at this point? I mean, seriously, look at our reputation right now - everybody knows management is... — read more
It's difficult
I'm an older worker. I've been there over 25 years. The work is just mentally harder for me. I'm not quite at retirement age, but I do wish they would lay me off. I live in fear of getting a BE and being terminated for cause. Humiliating. I try my... — read more
Researching your next workplace
Did you ever accept a job and it turned out to be nothing like you expected? I did, and I don't want to do that again. After joining BNY Mellon, I realized figuring out a potential employer's vibe beforehand is crucial. I'm still not sure how to... — read more
Resignation questions
I have a couple of questions about resigning around year-end: If we have a 30 day notice period, does BNYM have to pay you for that full period if they ask you to stop working immediately? In my area, most people are asked to stop working... — read more
So what ever happened to the November layoffs?
They were seriously hyped and widely feared for months. Was it really only a prank here?
Raises
When are raises communicated to the employees? Are the raises percentages determined already? What is the numbers this year?