This place is nothing like it used to be. It used to show it valued its customer and actually gave some type of recognition to its employees. Everything has been taken away from us and they don’t care who processes the work anymore . Then when... — read more
How many times do your manager lie in a month to you to keep you on the job?
My manager always lie to me about the future growth with the company to keep me on the job. I just do the bare minimum to get the paycheck.
Comp announcement
Anyone have any insight into some comp changes that’s going to be announced soon? Is it a change in systems used….. more cuts to benefits & comp? Any info is appreciated
Why are people working 12+ hour days?
What is wrong with you people? Do you not have a family? Are you that scared that you're willing to let them turn you into a robot that only works and sleeps? What the he-l, folks? You are not doing any favors to anybody other than those leeches on... — read more
Any Mistreatment of U.S. Employees reporting to Managers in India?
I heard that BNYMellon managers in India mistreat employees and treat them like ***t. They treat them like India’s cast-outcast system (the untouchables). Anyone in the U.S. reporting to managers in India? Please let us know how they treat you, or if... — read more
RV is clueless and can shove his pod bs
So sick of him and others acting like they know what we do and what’s best. Sit in your bubble and stay out of the rest of the business . Maybe it would do better
Request for a layoff
Hi Can I request to get laid off? How to proceed with such a request? I would like to get severance and unemployment benefit. Please share your thoughts.
Public perception of BNY Mellon as a workplace
I was delighted when I got the job here. I really wanted to work here. But now I think younger people, talented and capable, are not that impressed when they hear BNY Mellon. Any thoughts? It will be very difficult to correct that, of course, if... — read more
“Woman Fired After Company Uses Keystroke Technology To Monitor Her Work From Home”
Major NY Post article. Uh oh…
Moody's downgrade
So why did BNY get downgraded? https://www.reuters.com/markets/us/moodys-downgrades-10-us-banks-warns-possible-cuts-others-2023-08-08/
Intern postings on LinkedIn - beating a dead horse
How much time and effort does the EC spend humoring the interns for the sole purpose of posting something on LinkedIn. It is sickening to see useless deadweight like Regelman posting photo after photo with groups of interns when he hasn’t spent even... — read more
Is Robin simply Indecisive?
We’ve had so many contradictory messages on RTO, WFH, etc that pretty much all of us have differing understanding. Then there are all of the contradictory emails from other senior leaders and the special carve out rules for some teams and some... — read more
Scoop on upcoming office location closures?
Anyone has a scoop on any planned office location closures? BNY Mellon has been trying to reduce real estate footprint and the cost associated with it through site consolidation and offshoring to India. Some are now calling it the Bank of India!
Are you guys starting to avoid for big name banks like BNY, JP Morgan, Bank of America, since they have yearly layoff?
Are you guys starting to avoid for big name banks like BNY, JP Morgan, Bank of America, and more since they have yearly layoff?
What about the many sweet WFH deals?
the masses are subjected to browbeating, threats of termination, and 3 going to 4 or 5 days, and permanent WFH leaders are often the ones issuing the RTO mandates and threats. Great morale builder.
An interesting RTO article
Https://finance.yahoo.com/news/now-finding-damaging-results-mandated-095555463.html Too bad TS management doesn't realize.
RTO selectively enforced
Many IT people deemed 'inconvenient to replace' are not coming into the office at all, even if they live nearby, and there are no consequences. Others, deemed more 'replaceable' are being coerced and threatened with HR consequences. So much for... — read more
Scaling Back - return to WFH
I heard we will be moving back to 2 days in office staring in October due to overcrowding.
Growth Ventures
What’s going on with GV? Just another way to spin Data and Analytics or is it real? What groups stay and which ones go?
Tired of correcting other people's mistakes
I really loved my job and that's why I'm still here, but I'm getting tired of correcting other people's mistakes all the time just because BNY Mellon no longer prioritizes hiring really quality people who know how to do their jobs. Does the... — read more
Keating Does it again!
Opens the WM town hall and verbatim blames employees for being down 10% when the industry is literally thriving. Zero leadership. Just blame. I’m sure it has nothing to do with your raising of minimums to $10mm and horrid treatment of employees... — read more
Bonus amounts
I am interested in what determines the amount of bonus one receives. If someone can explain in detail, I would be grateful. I'm wondering what's the logic behind it because I know slackers who got bigger bonuses than good employees.
Mandatory 5 days in office by 2024
No more Netflix! This directive came from Roman.
Rumors of 4 days in office/week from Sept?!
Have come across rumor that they may ask for 4 days in office per week from September. Rumor Mill location: NY If true, then at this point the work is not “Hybrid” anymore. Any more sources to this smoke?
SUB Changes Coming in 2024
Duration of payments will be based on some sort of seniority assessment. Maximum will be 12 weeks for MDs and above. Don’t know about the lower ranks, but it will be less. Brutal.
Interns are overrated and just a marketing ploy
I think most people will remark about how far this company has gone downhill and how it feels like a more antiquated company compared to its peer in the industry. But every year there are hundreds of posts on LinkedIn celebrating BNYM's next batch... — read more
Reducing management layers
Everyone here says that BNY Mellon should get rid of inefficient layers of management. I agree, but what is the probability that it will ever actually happen? I think chances are minimal.
Pershing news
https://www.financial-planning.com/list/first-republic-takeover-causes-pershings-q2-outflow
Bonus structure
Most companies I have been at clearly state the company’s bonus structure for employees. For example level A 10-15% bonus potential Level B 15-20% potential etc. Does anyone know if there is something like that at BNYM? Does a “Director - level M”... — read more
Ticker
WHAT IS HAPPENING TO OUR STOCK TODAY? ANY NEWS?
Forced Ratings
Can any manager or director weigh-in on how upper mgt demands these ratings? What do they really mean and are they an effort to avoid severance pay?
Time for family and rest
I'm wondering if anyone here has enough time to rest and spend quality time with their family before returning to work? This job has changed me in a way that I don't like. As a result of working here, I'm constantly under stress and without... — read more
RIF end of summer in Asset Servicing rumor
Get your office swipes in! Hopefully you have enough work allocated to you, at least on paper.
Title and grade level changes
I read about title changes effective in July. Does anyone know how long you have to been in your current position to move up to next level. My last grade/title change came after 3 years. They said it wasn’t performance based but I was due for title... — read more
It's funny how poorly managed the company is
It's funny how poorly managed the company is. Middle managers seem to just like to flex their muscles and continually interrupt us with their demands. They tell us to act like owners but expect us to blindly do exactly what we're told instead of... — read more
RTO
Why do they want us to come back into the office when the PGH office is so sh-t. Downtown is a-s too as well. What is the point? People are more productive at home anyway. And tbh why would anyone work for at PGH? There are like no exit ops and there... — read more
Sub pay
I have no explanation other than BNY Mellon trying to motivate people to leave. I'm wondering if you asked about sub pay (in case you didn't receive it) and what were you told?