No communications experience, running communications and marketing. Guess which side is floundering? Many communications people have left. All the re-staffing happens on the marketing side. She's a nightmare!
Roman Regelman thinks country code formats in the corporate directory are important
Why would the head of digital make such a fuss about about the format of country codes in the corporate directory? No one calls the desk numbers anymore. The phones (that no one logs into) on the desks are going to be removed. We only call on Teams... — read more
Bank accused of discriminating against women, Black and Latino workers in Jersey City office OKs $1.9 million payout
By Ron Zeitlinger | The Jersey Journal The Bank of New York Mellon Corp. has agreed to pay nearly 200 women, Black and Latino employees at a Jersey City office more than $1.9 million in back wages after the financial institution was accused of... — read more
Unrealistic deadlines
Unrealistic deadlines are a recipe for a disaster. It's really not clear to me whether our superiors don't understand that deadlines are unrealistic or refuse to understand it!? I tried to communicate the situation clearly and to explain that it... — read more
No incentive to transfer internally.
You will get no bump if you take a new job with the same grade. If you were at the minimum already, that doesn’t even matter. We all know if they took someone off the street for that same job, they’d get it at higher pay. Same with taking a higher... — read more
This applies to the whole company, not just HR
Stop treating people like they’re human chattel. Give a fair wage for a fair days work. Help people to grow in their careers. Stop acting as though you hold the power because you hold the information. Great organizations lead from the front and don’t... — read more
BNY Mellon compared to other types of finance or banking jobs
Some claim that working here is much more stressful than working at some of our competitors. Does the majority here think so? I would perhaps only partially agree because I had an even more stressful job before I came here.
How can we improve Human Resources?
Please provide your suggestions. They will be considered.
Rewards at BNYM
Not being selected for a layoff should not be considered a reward. Change my mind.
There are still many very talented people here
That is very surprising, considering that most people with such skills can find a much higher paying job. The stress and pressure certainly cannot be greater than here. I doubt that is possible. Of course BNY Mellon will not change anything as long... — read more
BNY mgmt and HR should be ashamed
BNY mgmt and HR should be ashamed of themselves as they can never grow business to support hardworking employees. but they are always growing their pockets. The only way they can do is cut the expenses and that’s by cutting benefits like HSA... — read more
TSG employee appreciation
those were some great muffins and juice they were serving up. i feel so appreciated
Transformation of a workaholic culture
When I first got a job here, I realized that this place fosters a workaholic culture. Employees are encouraged to take pride in their workaholism. Then that culture began to transform into something equally bad - truly hard workers became less and... — read more
Head Asset Servicing Sales-Phonie team
Who agrees.
Where is the ROI on Roman’s Investments
Has anyone noticed Roman loaded up on ESG and Digital/Data high cost talent over the past several years-where is the ROI and revenue generated from this inflated area??? Robin-maybe you should ask Roman?? Spending years in the alternatives area... — read more
BNYM Pension contribution from 12% to 9% - Is it only affecting the UK?
Communication is appalling . Does HR really think we are that stupid? Before we paid 12 %, soon, we'll be paying 9% but if you contribute to 3% we will match so you get 15%. Got it , but how many people providing their sh-t salary and shocking... — read more
If you got the layoff today post here
Post group/location and level and how it went down
How much overwork is too much overwork?
I am preparing to tell my manager that my work has become more than overwhelming. He never stops adding more work to my plate and at this point it is starting to damage my health. Unfortunately, I am afraid that the answer will be that it is not... — read more
Moving from level M to S (director to MD)
How long does it typically take to move from a level M to an S? Recent joiner at M level, and want to keep an eye on what it'll take to move up. I know it's case by case with everyone, scenario and your boss. Any advice would be great.
The power of balance
It seems that with the headwinds we are facing in 2023, the short-lived balance of power that employees held the last few years is pivoting back to the employer. As a long-term employee, I am unsure if this is a BNYM only thing or the same... — read more
Layoffs started?
I was hearing managers are already asked to drop some people. I noticed some groups already 1-2 people smaller. I can count at least 3 groups in past 2 weeks
Salary and Grade for BNYM
Post your salary and grade. I am K grade, NYC, $102K
Massive change in IT and Risk
Almost 30% of the workforce will be eliminated, and within risk management, Vince will bring his old trusted GS folks
Layoffs planned in NAV Ops Nov 15th 2022
Roughly 40% of workforce being let go. Mostly grade HH we were told today sad to report!
Layoffs Q1 10% levels JKL in technology.
Trying to get rid of non-programmers.
Remote work rumor
Rumor is the 2 to 3 day in office mandate will be 3 for many departments , including technology in 2023. Say that coming. What a sh*t company.
Don’t expect much in your raise package
I have from a reliable source that raises will be sub 3% as usual. These people have the audacity to call a negative real pay raise a “merit” increase. Meanwhile, other companies are giving out extraordinary inflation raises out of time of year end... — read more
It just seems things are getting worse and worse
People are stretched very thin, working so many extra hours for little reward. Benefits seem to dwindle more and more every year. Internal websites get clunkier and clunkier every month (most infamous is the oracle HR website) and are difficult to... — read more
Corporate Treasury
What is going on here? I've never seen leadership (mostly just the person in charge) berate and abuse teams so much in my entire career. This isn't humane, nevermind sustainable. Is there any hope left?
EOY ratings
What does it mean my rating will be effected if I choose not to come back to the office?
Rumors of "retirement" buy outs - different from normal severance?
Rumor this week that the firm is exploring early retirements/buy-outs/etc. This is new and not the normal layoffs they historically do a few times per year. Anyone knowledgeable on what they will entail?
March Mayhem
Mass Middle Management layoffs planned in March 2023, remote work exposes widespread lack of requirement
Micromanagement in the office and during remote work
Some say that the matter of returning to the office is actually a matter of control over us. How can I agree with that when I feel more micromanaged while working from home than in the office!? Do others really feel much more micromanaged in the... — read more
RT Group using H1B hires for special roles
High compensation, free education, path to US citizenship, legal help and many other perks offered to those able and willing to meet requirements of RT Group.
How is “two to three days a week” the minimum?
Is it two, or is it three? If I am just doing 2, am I meeting the expectation? How many pieces of flair do I need to wear, Stan?
Don't forget to get your self assessments done!
Yes mid-year reviews happen in July Yes year-end reviews are due 3 months later Yes it all occurs on literally the worst website ever created
PAC
Can’t wait to donate to the banks PAC so they can bribe politicians to continually push HB1 workers and fight against capping OUTRAGEOUS executive comp They suggest I donate basically 50% of last years raise. Tone deaf
What kind of attorney roles exist at the Pittsburgh office?
Anyone know what types of jobs there are for attorneys at the PGH office and if so what lines of business etc.?
Maybe they should at least try to keep the best ones
The mass exodus continues but that doesn't seem to worry our leadership at all. It is simply unbelievable to me that they are letting the best people go to the competition so easily. Does anyone know if they even tried to keep someone from leaving? — read more
Hanging on to the worst while the best keave
How is someone like the CMO of Investment Management still here? spends millions on vanity projects that do nothing to help grow the business. On right the good people leave or are laid off… terrible leaders like her stay on. That’s BNY Mellon. She... — read more