Does anyone know whether due to rules of certain countries BNYM has a phased retirement policy in any country? Meaning once someone reaches retirement age they can step down the number of days a week they work for a few years, while maintaining... — read more 

The UK Pension Consultation was extended regarding reducing the non-contributory amount from 12% to 9%. The changes were initially expected to take effect from 1st April, does anyone have any updates? Will this take effect as initially planned or... — read more 

major changes in pipelines, some of it is driven by the regulatory landscape, other with a desire to modernize the infrastructure, both at bank and industry level, wouldn't be surprised if when all said and done, 20% of staff is axed. The settlement... — read more 

10 RSUs not cashable until 2026? Not sure that'll be enough to make me act like a CEO. With 10,000 shares , I would maybe start thinking about it.

https://www.bloomberg.com/news/articles/1998-05-03/a-bid-for-mellon-bank-may-get-nasty?leadSource=uverify wall The sole mistake that Cahouet made was in choosing his successor.

Instead of worrying in advance or trying to rationalize and convince yourself that you are safer than others, rather look for what is offered on the job market. The best antidote to feeling anxiety is taking action and sending resumes. But on the... — read more 

Do vacations and holidays count as in office days? How does this work? Let’s say your on holiday or on vacation 4/5 days of the week how are you coming in twice that week?

I am new to BNYM and so is my manager. My manager did not tell me when we can expect the bonus to be paid as he was not too sure. Is it with the salary on Feb 28?

They charge you an admin fee for keeping your account with them post employement. "If you are not employed by BNY Mellon, you pay Voya’s $25 annual administrative fee. A portion of the fee is deducted from your account on a monthly basis... — read more 

Haha. Just complete nonsense.

I've been given advice not to try to build a career here but to leave as soon as I gain some knowledge and experience. Nowhere is ideal, but I like it here, I love my job, so I find such advice quite depressing. In addition, I know several people who... — read more 

Why are promotions only happening yearly now? I was told during my comp discussion that I am at the top of the list to be promoted next year and that I deserve it, so why didn't I get promoted this year and why do they have to wait a year to promote... — read more 

Heard from internal sources that managers were asked to cut bonuses by more than 50 % for people that were layed off in Jan. This is 2022 bonus where you worked full year and people deserve to get 100 % … this was done even if you got meets or... — read more 

Financial services is cut throat. BK is a for profit company, layoffs come in cycles. Just move on its part of the world. You are not owed anything. Yes, could more be done to ensure people separated are treated fairly for work they completed in a... — read more 

Who is with us?

Has anyone who was laid off received word re: bonus?

Got my BK shares. Worthless garbage

I received the 10 shares bonus? If you can even call it that, but no raise. My rating was half meets and half partially meets. Was given areas of improvement but also praise for being new to the workforce ( just graduated in this past june). Am I... — read more 

The conversation will be as follows: A great year There isn't much 'in the pot' So in summary: The trickle down salary and bonuses mean nothing left by the time it get to you around here! You are not rewarded for work done, its all about... — read more 

Could help

Has anyone who has RSUs with a distribution date of 2/08 seen them in their fidelity trading account yet??

I’ll start. Celebrate 90 new hires 3 weeks after letting so many tenured employees go.

Hi, I have a new boss for this review period. I was given a "partially meets" rating. At the time I was led to believe that this rating would be eligible for a merit increase as there is also a "does not meet" rating. Most of what my review said... — read more 

What a nothingburger that was

You can only layoff so many and cut so many costs. This is not a business plan. It is what bad management does when they can't increase revenues. This is why every BNY employee has had multiple CEOs at business levels as well as the top. Do any... — read more 

Anyone in legal receive bonus or raise numbers yet?

I think it's just a matter of time before we also hear about even more cuts.

First up, Asia colleagues, let us know how it goes!!

Do we really have to wait until BNY decides to send us some documentation via mail or is there anything we can do beforehand?

I am hearing changes have been made in Oracle to reduce people’s bonus and comp for staff. It’s a joke to read the “managers have to own the conversation” and can’t say that’s the decision was made by someone else. God help us all in BNYM. This is a... — read more 

My manager said the range was 0.0% to 1.5% which is almost unimaginable in this economy. Is that company wide or just my department?

In recent days we have learned… employees have never heard of MyReward. employees with direct deposit believe that their personal bank has their paystub employees don’t know how to see and/or save their paycheck employees don’t know... — read more 

I am disappointed with my pay, especially when I consider how much experience I have and how overworked I am. I've been here for a long time and my responsibilities and overload have grown much more than the pay. If you feel comfortable to share, I... — read more 

So if you opt into the ESPP plan and you look at your pay stub they treat the 5% discount as additional income. Then I guess you have to pay capital gains on the stock if you sell it immediately, then Fidelity charges $15 plus 2 cents a share to... — read more 

i see a lot of linkedin posts from s-b storied, entitled people crying about them getting fired. boohoo no more free lunches or 200k salaries along with free laundry service. the people fired from lesser known companies should get awareness as well. — read more 

I can't be mad at BNY Mellon for making such a bad decision, it's my own fault. I believed in many false promises over the years. My former colleagues who left this place made fantastic careers at their new companies. Do you too sometimes wonder... — read more