Why do many here think that BNYM is heading in the wrong direction? I don't like the situation as it is here now, but many pretend to be great, insightful visionaries and experts who know that Mellon is on the wrong track... It's a bit pathetic... — read more
Raises?
Maybe this was a dream but are raises, such as they will be, effective January 1 or still July 1? Somehow I remember hearing it was changing?
Deadline to submit accommodation requests?
Is there a deadline to submit accommodation requests based on medical issues/religious beliefs?
Wow, that's some Agreement that has to be signed
For those who plan on leaving before bonuses get paid out in February, what are your thoughts on signing that agreement document? I seriously doubt BNYM will mail checks to terminated employees, so I expect not to be eligible once notice is given.
BNY Mellon sponsoring Fireworks for Pittsburgh Holiday Kick Off Weekend
Will the money that is being used to sponsor this event come out of the employees raises for next year or senior managements bonuses?
who's got the juicy details on bonus' ?
are they going to be cr-p again this year? will it be slightly better since so many people quit and opened up the pool (wishful thinking ik) ? that great resignation will come even harder come 2022 if they don't compensate us well.
Where are these people going?
I am glad that my dearest colleagues did not choose to leave, but at the same time I am very sorry for those whom I know have decided to leave even though they have no plan. And there are not just a few of them. I hope that everyone will succeed... — read more
CDW SMDB PSS -the future?
What does the future hold for these bad archaic and massively complicated and poorly designed apply applications ?
I'm throwing in the towel as well
I see by the other posts that I'm not alone. I think the majority of employees have been unhappy here for a while and it's only a matter of time before something pushes them over the edge. For me, that something was losing a great manager for... — read more
The Only Difference Between BNYM......
and the Titanic is that the Titanic had a band.
30 days of night
a horror film from 2007 and BNYM's notice period required for employee resignation or retirement
No time for Q&A as usual
Once again - BS the whole call so there’s no time for Q&A. When’s the termination date for the unvaxxed?!
UPMC to give all employees bonus
$500 bonus and raising salaries... BNYM...losing employees except those on minimum wage providing minimum output Wait until RTO...BNYM will really see impact from the great resignation
Circus Show
Any predictions for the show today? Will we hear about vaccine requirements? Any commentary about the changes in HSA contributions? What about our new starting wage limits and how they are below competitor’s starting wages? Who will be on... — read more
Employer mandated vaccinations are hurting big business
Just look at what's going on with Southwest and American Airlines. Do you really think the disruptions are just because of weather and technical issues? Is BNYM really willing to risk millions of $$$ in business disruptions over a vaccine mandate?... — read more
Todd out now
Get him out . Worse than Charlie.
1000$ pay cut for all!
They are discontinuing the 600$ contribution (1200 for you and spouse) which may not seem like a lot BUT for many that extra money would help out with your deductible. That’s a big deal and I hope someone questions it during the town hall tomorrow. — read more
Big mistake by BNYM?
Seeing lots of people with the dreaded vvv next to their names and they are officially locked out of their system. Did BNYM mistakenly eliminate access for the next round of employees on the layoff list before they were notified? Seems with the... — read more
Town Hall this week will announce termination date for non vaccinated
Heard a rumor that Wednesday’s town hall will address those unwilling to get vaccinated. Termination dates will be announced. Happy holidays!
Leaving BNYM
Made the decision to leave and making that move very shortly. It is maddeningly frustrating to have any talk of lateral or advancement within the firm when every application I ever submitted for a lateral or advancement or even a step up to be in... — read more
Pershing is such a dumpster fire
Not sure why I took a job here. UGH
They will take more than they will give
The announcement of a minimum hourly salary rate increase should make me happy, but in fact it does not make me happy at all, because I know that for a few dollars more, they will burden people twice as much with work. I would love it if I wasn’t... — read more
2022 Benefits: a 600$ pay cut
Or 1200 if you are married. Apparently the 600 you get from doing those silly virgin pulse activities is going away and being replaced with another platform where you get can WOW points worth a whopping 80$. And your spouse won’t get any of these... — read more
BNYM Increasing Hourly Salary Rate for US Employees
Increase to $18/hour from $16.50 https://www.bnymellon.com/us/en/about-us/newsroom/company-news/bny-mellon-announces-increase-in-hourly-salary-rate-for-us-employees.html
Fun RTO Vids & A Raise!!!
Employees are leaving in droves and the desperate ploy to hold on to what they have is not going to fly. So sick of the BS lies they feed us in the Town Hall Meetings!
TSG Leadership a joke
TSG recently lost the only leader worth following, and now we are left with an overly ambitious glorified BA who thinks that she can bully and lie her way into a leadership role. If back stabbing & gossip, are the path to success, I don't want to... — read more
Incentives
Wish BNY would provide these percentage raises so many corporations are doing
It's not what you know, but whom you know
Others may disagree, but my overall impression of BNY Mellon is that it’s all about whom you know here. Connections are more important than skills. Competency is simply not valued enough and it seems to be becoming less and less important. .. — read more
My Career Unimaginable
I wonder why grade levels have been removed from postings and search criteria? Why bother posting if you don't have a general idea of salary? Are they retooling grades again? Why are all of my job "matches" irrelevant to my skills and experience?... — read more
Bad leadership
I recently read an article that defines a company under bad leadership as that with non-existent results, low morale, interoffice politics, divided team, constant attrition, and the use of fear-based tactics to manage. I missed a few points but... — read more
Fire sale of business lines?
Is bank about to sell its Corporate Trust business in Europe? Surely if this happens, resources will be free to help other areas. Or perhaps mass cuts?
Does anyone actually donate to EF PAC?
i just am super curious. do you actually spend your money and donate to the employee funded PAC? it's like hey give us your money ... andddd youre fired.
Don't expect help from HR
The HR team is the company's first line of defense from disgruntled employees. If you submit a complaint to HR, it is directed to the Employee Relations team. Someone from that team should schedule a call with you to discuss your complaint. They will... — read more
2022 Benefits
Seems kinda late this year for making our selections for next year....feels wrong. Major changes coming?
Significant investments in our people???
The CEO comments in the earnings press release is laughable. "Our operating margin of 29 percent was essentially flat compared to the third quarter of 2020 while we continued to make significant investments in our PEOPLE, technology, efficiency... — read more
Headcount keeps increasing
Funny how we have all these "layoffs" yet headcount keeps going up. According to the financial-supplement-3q-2021.pdf: 1st quarter 48,000 2nd quarter 48,800 3rd quarter 48,900
Thoughts on the Markets Group Line of Business
I'm curious to hear thoughts/experiences from anyone that is currently or has previously worked in the Markets Group Line of Business. I'm hearing that while subject to the same Corporate culture as the rest of the company the LOB itself is a much... — read more
Firing the Unvaxxed
Not looking to debate. Just curious when the unvaxxed will have their employment terminated. Any intel?
Mass Exodus
I know every department is different but probably a dozen people in my area have given their notice in the last 3/4 weeks (including a lot of experience/knowledge) and not a single person was offered a salary match to stay. Pretty much thanks for... — read more
Use your vacation days
After a week away from this place, I feel like a new man. Nothing has changed within the company, but being away from all the toxicity and politics did wonders for me and my mental health. I'm not sure how long it will take for this feeling to fade... — read more