Schwab employees received 5% increases. The company said the pay increase is in recognition of worker's "unwavering service to clients and each other throughout the pandemic."
How did your enthusiasm for working here disappear?
I don’t know if BNY Mellon cares about that at all, but I think the largest percentage of employees don’t have any enthusiasm for their job here at all anymore and are less and less engaged. The day I said enough was enough and I wouldn’t care at all... — read more
Bottom-line profit is the only thing that matters
Employees who do the work that makes that profit possible are not recognized for their work. Instead of an asset, we are treated like a cost that needs cutting by the management that's only looking to fatten their own pockets. How many things can... — read more
The blame game
Why do so many threads reference the mgrs as the problem? I see so many people on my team that are employees who are actually the real problem. Don’t know the job, have to be hand held constantly, late all the time, ignore emails, and always seem to... — read more
Cobra
My benefits run out at the end of September. Haven’t seen anything about extending my health care on COBRA yet. Is it lost in the mail? Also, how much does it generally cost per month? Double the normal premium? Triple?
Worst Recruiting I’ve Ever Seen
Anyone else tired of BNYM recruiters? Impossible to get a hold of, strong you along for 3-4 interview rounds just to ghost you at the end of it all, no feedback whatsoever on candidacy. It’s amazing how they continue to get away with treating... — read more
Peakon feedback
Here's the missing question from todays GOTWire What are your thoughts on Women's Equality Day? All I am thinking here is the 'Animal Farm'. Thank you for another laugh, BNYM.
The noose is tightening - new SEC disclosure rules coming. Offshoring will finally be exposed.
Companies push jobs offshore because companies are not required to disclose where in the world employees are physically located and the cost savings to the company are incredible. A corporation will do ANYTHING - even highly if its questionable and... — read more
Forced ranking depression
My thoughts are with the young guy in Dublin office. Doing his best, and subjected to multiple BE ratings, and now going for counselling. Opposite effect is the result - demotivated, depressed. I told him about forced rankings... He did not believe... — read more
Please remove me from this email
Hahaha Those of you on the CTC thread going around will get the joke. Just wondering how many more reply all we will see today.
BYN crypto commitment
Whats going on with talks of agreement with Grayscale? Is ittime to pull plug, Bag Hldr s. thanks Jim Kramer
People are dropping like flies
Anyone else noting this? I know of at least ten people that have recently left TS over the summer.
People work extra hours for nothing?
Many colleagues work extra hours for nothing, probably hoping to make sure they stay a little longer at BNY Mellon. People neglect their private lives because of this place. And what happens in the end? It all turns out to be in vain. It is those who... — read more
What scares me
So many people are willing to walk away due to RTO that those of us who stay will be screwed when it's all said and done. Imagine how many jobs we'll have to do before they're able to backfill those positions in the current job market. Do you think... — read more
Recent Layoffs?
did people get laid off recently? Who on this site got laid off? how many overall? what groups? did they get a sub? some info about layoffs might be good on a site that is supposed to be about layoffs - not just complaints.
We don't think we're guaranteed a job, but we should be guaranteed reasonable security
There is NO reason the bank has to ambush us when they decide to cut headcount. A successful company should have a long term plan and shouldn't be reacting day by day to micro changes in the world. We should know the work we plan to do and how many... — read more
Hurricane heading toward NYC
Hope it's not as bad a Sandy since our genieAss leaders decided to consolidate all our offices.
Layoff vs. Retirement
I asked my boss in my business unit about early retirement and he wishes they offered it but they don’t. Instead, managers get the names of people that want to retire in the coming months, typically older. They rank , the older people “below” and... — read more
This is getting tiring
No job is secure, but what is happening at BNYM is very tiring. Constant pressure on employees with layoffs also means constant work in fear and uncertainty. How can anyone be relaxed and give their best in such an atmosphere? This should be seen as... — read more
Just say no to BNYM mandated covid vaccinations
Its none of their business if you get vaccinated or not. It is not their decision for you to get vaccinated, it is your choice. If you want to get vaccinated, then by all means get the vaccine. But if you don't want to be vaccinated, then stand up... — read more
Goldman
I worked for GS in 2000-2008 - I saw a lot of bloodbaths
I'm satisfied with my job here
It's the best I've had so far, and I've worked at three major banks and one regional bank during my more than twenty years long career. It bothers me when people put down BNY Mellon when they have no idea what it's really like to work for the likes... — read more
Jump Ship
Another rat jumps ship. Off to Wells Fargo Good times with chainsaw Charlie. Keep cutting the worker bees padding the FAT
Can there really be work life balance if the company mandates vaccinations???
Is this really work life balance when the company is mandating covid vaccinations? My philosophy working for this company has always been that I work to live, not live to work. BNY Mellon is my job, not my life. My job doesn't make life decisions... — read more
Things have changed
This whole layoffs thing is making me want to quit on my own. I'm old enough and I've been here long enough to remember the time when this place had job security. Heaving to live constantly with the stress of potential layoffs is not healthy for any... — read more
Can we expect more cuts today?
Or sometime before the end of the week?
Mid year reviews
Is there anyone who has not gotten one yet? They were due 7/31 and yet myself and some other members of the team have received nothing yet while others Atleast got it to review and approve even though they never even got a meeting to discuss it
Haven't they gone a little overboard with the savings?
I'm sick of hearing about efficiency savings because I don’t think it’s about efficient savings at all. They cut people who brought new values and who were really great, and they intend to continue to do so. Isn't that too much savings? When will... — read more
Peace Out
Fat severance for a job I didn’t like anyway? Thanks!
August 16th bloodbath
Just got whacked and would assume a lot more is coming. Todd is doing me a favor to force me out of this dumpster fire and I give him less than a year before he gets canned which would just continue what is the CEO carousel (you know it’s bad when... — read more
To tell or not to tell?
My job is changing due to the restructuring of the management regime. I am pretty much being pushed around as I am valuable but I am not doing what I want I would like to volunteer to be laid off too. But I worry about telling this to my manager as... — read more
Anyone have an Aruba wi-fi device?
I assume since these operate the same way as the Fugio devices in office that they can then track our tags at home once we get them. Wouldn't be able to get much info, but still I plan on putting my tag in a Faraday bag once it arrives.
Terminations for not getting covid
Brace yourselves ! Talk is going around from higher ups that if you didn’t get the shot they are terminating your position and there are no more severance packages being given either
RTO October
RTO has been pushed back to October 1st. How benevolent of them. Probably stopped a wave of retirements/ resignations!!!!!😎 Glad I held off buying my September train ticket
Ups letter
Received notification of an overnight letter arriving tomorrow from BNY. I'm speculating due to my vaccination status.
No RTO for me
I refuse to go backward. I'll quit even if I don't have a new job lined up before I'll be forced to return. If this is their goal and I'm playing right into their hands, I don't give a fu-k. There are plenty of options to choose from right now and... — read more
Training is seriously lacking
Why do some supervisors think that berating your employees is an effective way of training and managing? We keep getting new employees who have supposedly been through training but they still have no idea how to do half of the stuff because the... — read more