I find half my day is spent customizing reports to a multitude of different managers that head departments they have less knowledge. They don’t know the clients, they don’t know the people in operations, and they don’t know the products yet these... — read more
Was BNY taken over by GS from the inside??
No shockers here given all of our brilliant new executives. https://www.reddit.com/r/Superstonk/comments/q50q3j/was_bny_mellon_taken_over_by_goldman_from_the
Consider everything... outside of BNYMellon
It's amazing how so many good people have been let go and poor managers continue to survive. As someone else pointed out, these managers are weak. They are afraid. They are "yes" people. Until BNYM hires real LEADERS, it will never be a top... — read more
No sub pay for unvaxxed
You all do realize that when they terminate the unvaxxed people there is no sub pay or unemployment right? Make sure you have enough money set aside to hold you over until you find a new job. Stay strong and don’t cave in to the tyranny! For the... — read more
Regretting taking time off
In one of the threads here someone hit the nail on the head by saying that most people refuse to take time off. This is what it looked like the last time I did that: I could hardly wait to take time off - - I finally took time off - - I kept... — read more
Performance Reviews start on Thursday!
Remember, performance reviews start on Thursday. I cannot wait for my Exceeds Expectation rating. (sic)
Basic technology at this company is insanely bad!!
It's simply unbelievable how bad the computing technology is at this company. The seemingly most simple things at BNYM are so hard, and they keep making it harder every day. Take remote VPN for example. The company uses pulse secure. This is... — read more
Ireland Office Consolidation
I was on Dublin transport network this week. 2 seats in front I could hear a phone conversation...open discussion about consolidation of locations in Ireland. Senior person speaking openly about company strategy in a public place. This is the level... — read more
Rats that can swim are the first to jump ship
It’s a strong job market. BNY finds itself with a valued-employee retention problem.
One year later
I joined BNY Mellon a year ago and it's nothing like I expected it to be. Minimal training, too high expectations, and lack of direction in my team are just a few things that stand out in my first 12 months here. I'd be looking forward to being laid... — read more
I gave myself a deadline
After having to face crazy deadlines several times, this time I decided to give myself a deadline. I have less than three months to find a new job because I do not intend to work at BNY Mellon in 2022. If I can leave even earlier, that will be... — read more
COBRA
So I just got a letter today that my health insurance ended 9/30 and my COBRA coverage begin date was 10/1, but that I have until 12/5 to enroll. So did it actually begin 10/1? What insurance do I have while it processes?
When will the unvaxxed be axed?
Nothing further has been said about the date the unvaxxed will be fired. Everyday is a waiting game waiting for the call. I wonder what percent of BNY is vaccinated vs unvaccinated. How many people will be fired? It will work out good for the bank... — read more
Work from Home Extended Through End of Year
I'm glad it was extended but concerned about going back. We seem to be following whatever Wells Fargo is doing. I feel like they're doing this because people are leaving left and right but I am concerned that once everything "settles down" we will... — read more
Federal TAA for jobs moved to India
Does anyone have any details on why some of these applications are approved and some aren't? Is anyone getting any federal benefits for having your job moved to India? https://www.doleta.gov/tradeact/petitioners/taa_search.cfm
COVID shots
Thoughts from those of you fully vaccinated and still got COVId. Interested with how it will play out for RTO seeing they think the vaccinated have a super shield around them
Place your bets..
Are we headed back in on 11/1? Or does Todd do the right thing and we head back in next year?
prediction todd won't be ceo this time next year
he's a good steady hand for covid but to survive the sl------r you need a nimble ceo that can flow flow between finance and tech the way you put your pants on in the morning seamlessly. i like todd but he's gotta play some offense too. defense is... — read more
Inorganic Growth
After the announcement of the State Street’s BBH acquisition, I wonder if our leadership should've thought more about inorganic growth? Opinions of some close colleagues are divided on whether Mellon should currently add scale to bank through... — read more
There's no point
No point in trying and certainly no point in giving it your all. We are all seen as replaceable by the management, especially if our pay is on the higher end. There are plenty of people who'd work for significantly less looking for a job right now... — read more
Congratulations State Street!
I hope BNYM is your next target and all the obnoxious, self -servant aholes who work for BNYM see how it feels to get their walking papers
Unprofessional workplace
Is it just me or is this really one of the most unprofessional workplaces you’ve worked at? I had high expectations before I came here and therefore my disappointment is even greater as it turns out that the small bank I previously worked at was... — read more
Employee attrition / layoffs at pershing?
Pershing departments has been going through an internal organization reshuffle and it will be interesting to see where people land who gets to stay or gets let go. One thing is Pershing has made a mistake to promote people managers without having... — read more
People don't want to work hard for free
When a company shows respect for their employees that helps boost employee morale. I don't think people mind working hard but they do mind working hard for free. Who doesn't want to feel like their hard work is being recognised or appreciated??!... — read more
I was disappointed
The last time we had layoffs I was disappointed that I wasn't picked. It sounds awful and I know there are people who were laid off who'd give anything to still have their jobs, but that's how I felt at the time. It makes me sad that this bank has... — read more
A Looking Glass of the Bank
https://www.inc.com/marcel-schwantes/5-traits-that-will-instantly-point-to-someone-with-bad-leadership-skills.html Reading this, I instantly thought of Bank of New York Mellon and my old division. So glad I no longer work here. Employees here... — read more
Too much hate
I'll grant you, this is not the best place to work but does it really deserve all the hate it gets here? People seem to get too involved with their places of work and expect too much. You do the work, you get paid for it, that's it. I don't expect... — read more
Too Much Management leads to Inertia
The ‘bank’ has too many managers who are not actually managers. They are a waste of money whose sole purpose is to take credit and place blame and to make sure their names are brought up in a negative light. It’s a sick culture. — read more
Giving way more of our money
I see we just "invested" $3,000,000 in Optus Bank as part of the treasury financial agent Mentor-Protégé Program. This is after giving away $20,000,000 for the educational and workforce development programming in underserved populations of New York... — read more
QA Analysts targeted
if you're a manual tester be warned. either update your skills to be an automation tester or you're probably going to get canned in the very near future. senior management is trying to make everyone an engineer across the bank.
Sh1tcanned
BNY is a cost cutter. Outdated and no growth so cut higher paid (older) employees. It is essentially Amtrak. The government needs it to run but unwilling to pay. Similar to hitting a pothole, the road still works but not going to pay to fix it... — read more
Layoff got re-strategized
Folks Bank is not looking how employees are being rated., it's randomly picked! What a blow to those who gang up to protect their favorite child. If you are making below 100k a year and worked more than 5 years, you might be safe. Because bank can’t... — read more
Please Help...SUB Pay
I have searched for this topic and I can find nothing as I can only go back so far. I am so confused. Whoever has had to deal with this can you please let me know what I should or shouldn't be doing solely based on your experience and if I really... — read more
Everything is wrong
So many things are wrong at BNY Mellon these days, from no opportunities for growth to extremely long hours to lack of proper raises and bonuses. Layoffs are always on everybody’s mind, which is affecting morale drastically. Everybody who can leave... — read more
To those who were told that their job was eliminated
I see that some have been told that their job has been eliminated. It must be really stressful but I'm convinced that most of you who are let go will find a much better job. Short term stress for long term good. What interests me is did you have any... — read more
Aka$h = the worst
Chief Growth Officer? Sure.
Financial services employees need to organize!
The FS industry has been enabled with greed, unscrupulous practices, shady products, etc. because employees are afraid to speak out and lose employment. In return, they are treated poorly, particularly in the US with it's employment-at-will practice... — read more
What was their excuse when they fired you?
They told me my job was eliminated. Speaking with coworkers I left behind, it was obviously moved to India. What excuse were you give?