Do you get a 1:1 meeting request?
Lay off starting next week
Be careful, layoffs starting next week
Red flags signaling you may be a target?
Given that I am excessively anxious and worried, I now interpret almost everything as a sign that I could be a target.
Go into preparation and planning mode
I know that there are those who feel safe in their positions, but it is still much better to be prepared so that you don't end up without your personal items because everything happens very quickly. It is better to have them packed on time. And of... — read more
Poll: Are you hoping to be laid off? Upvote original post for YES, downvote for NO!
I've been with the company for 17+ years, so I'm firmly on the YES! side. How about you?
ASD is the worst organization
Poor leadership, unprofitable products, and very bloated at the top!
BNYM, or Lehman?
Technology Executives to 3-4 levels down from the CIO are heavily ex-Lehman and people picked up along the way at Barclays, BoA. FOBs as they are called. And the new CEO wonders why the Total Cost of Operating Tech is so high (hint, do some basic... — read more
Performance related or not?
I am interested in whether these will be performance related layoffs or not.
I see a lot of people are hoping to be laid off
Why didn't the bank offer a voluntary option before layoffs? Judging by this forum, there would be more than enough people for whatever number they have in mind. That would spare some people a mountain of pain and make others extremely happy. Why not... — read more
BNY Mellon
Subject says it all. Give your up or downvotes accordingly y’all. Let’s see which direction those votes go.
Good luck to all tomorrow, Jan 9th
From what I have heard, it’s going to be a bad day for a lot of people. Whatever your desired outcome is, good luck.
Millennials
In my experience the absolute worst group to enter/engage in the workforce, possibly ever. They take time off often for lame reasons, believe YOU as a manager OWE them high wages, out-of-sight bonuses, and annual promotions. They have little... — read more
Employee Retention Contracts
Anyone else get asked to sign an employee retention contract around October? With the promise of a bonus of 10% of your annual salary. Came with a bunch of stipulations and clauses that would allow them to reduce the amount or cancel the agreement... — read more
Timing of Layoffs
Timing is not ideal because it’s impossible for the Company to predict how many people plan on leaving with their bonus clears but they are required to rightsize the workforce before that occurs (early March). So, that is what creates risk for... — read more
Bonus and resignation
Am I correct in assuming that I need to wait until I actually receive my bonus before putting in my resignation? Am I in any danger of having it clawed back if I give my resignation in March 1st?
Office supplies
Apparently we now have to supply our own office supplies? Can’t find pencils. Tablets, sticky notes, etc.
A place for mediocrity
Of course there are still many knowledgeable people here, not all of them have left, but it is unquestionable that this is becoming a place for mediocrity. Is it possible to make a comparison of workplace competencies a few years ago and now?... — read more
Did you all get your YE review?
When is it due?
It's no longer just the management
This management has ruined this company so much that the entire organization has turned toxic. I get the feeling that everyone hates each other, and there is zero sense of community. People treat each other like they're disposable and not human... — read more
Free Coffee
GS our real boss is ending free coffee. Undoubtably BNYMELLON will follow the leader, after all we’re getting 10 shares and should be all for eliminating these expensive perks B/T/W gif those who questioned TB. It came about after a town hall where... — read more
Indispensable at work
I agree that more or less everyone here is replaceable, we are just a number here, but it is not true that there aren't those who've made themselves almost indispensable. They are relatively few in number, but there are such examples. Have you... — read more
The truth is, we are all replaceable
There is always somebody cheaper. Every company is looking for a way to cut costs. No matter how well you do your job, they'll find someone who can do it for less money, and they won't care about the quality of their work. So don't be surprised if... — read more
Layoffs next week
Can anyone actually confirm layoffs next week? Please only comment if you know or you actually get RIF'd.
All these ups and downs
I've been through a lot of ups and downs here and I don't think I've ever had a worse time here than now. Do you remember any periods in the past when there was more tension and stress than now or when there were fewer reasons to stay?
Time to leave
If they meant to keep good employees with the change to the 401K plan, I think that plan will backfire. This could even encourage those who were thinking of staying here for a while to leave as soon as possible. Have you started sending... — read more
401k idea set to minimum
Basically, some of us will make it out alive 'working' at bny mellon. While, others will not. I assume that the best approach is to reduce our 401k matching to the minimal. Is it 2% the minimal contribution to our wage/salary is the lowest that we... — read more
Another disappointing year at BNY Mellon
I would say I hope the next one will be better, but this place has made me a jaded pessimist. I only expect the worst these days since that's what I've been getting for years.
You have options
I've been thinking about all of you, and I wanted to send my prayers. I know a lot is going on right now, but it's important to remember that there is life outside of BNYM. A very good one, at that. I just want to throw out there that everyone... — read more
Employee Stock Purchase Plan- Is it worth it?
I am new to the world of finance and could use some guidance from those of you who understand the game much better than I. Is contributing toward's the ESPP worthwhile, and if so- what percentage of your paycheck is good to invest? Any insight is... — read more
Bonus Payouts
Anyone know when numbers are to be announced and paid out?
Pay cuts coming
Remember, any raise less than seven percent is a pay cut.
They drive the best talent out the door
I’ve seen some of the most talented system architects give up out of frustration with BNY politics. Many in senior management are threatened by people they realize have better ideas than they do. It’s hard to imagine more corporate self-defeating... — read more
Where would you go?
If laid off, where would you start your search for a new job? I'm considering leaving the banking sector completely. Everywhere I look, it's the same cr-p, just packaged differently. I'm thinking of trying to join a much smaller bank or just look... — read more
Where did all the money go, Roman?
All those new groups of people who do what, exactly? The senior hires with fat pay packages? The people being paid Silicon Valley start up wages to reduce fax volumes? A crypto platform that nobody wanted or needed, rolled out at the very moment that... — read more
What are your BNYM New Years Resolutions?
My goal is to be displaced with the package and if not I’ll retire. Either way I’m at peace with the upcoming year.
Would you take a 13K per year pay cut just to leave BNY Mellon?
I'm not asking those lucky ones who have it made here, but those who have to deal with the company's toxic culture on daily bases. Those who, like myself, hate their jobs due to an awful manager, unrealistic expectations, and no chance of... — read more
J Grade Salary Bank in Manchester, UK
Hi, does anyone know the salary band for a J Grade (Manager) role in Manchester, UK.
We can all agree major cuts are coming
It will most likely happen next month. What are you doing to prepare in case you are affected? I have tightened the belt in the last few months and plan to continue saving as much as I can. I have also started networking just to feel out the... — read more
Hollow holiday wishes
Anybody else tired of the canned hollow holiday wishes from the executives? They all mention supporting or RTO & other propaganda.