Hi, I'm looking for suggestions here. My mid-year review meet expectations and the year -end review meet expectations, but the overall review ended up Below expectations. My Mgr agrees that I meet expectations but was given Below expectations as... — read more
It’s a business. Stop saying you care about the people- you don’t.
Maybe it makes you feel better and helps you to sleep at night but you don’t care about the people. Layoffs next week prove that. While Todd stated at a town hall we would be more humane about the process we are going in the opposite... — read more
I don't think we'll be back in the office this year
I believe that 2021 will be about the same or worse as last year. I don't see travel happening, either.
Offices closing
East Syracuse and king of Prussia are closing
Year in Review: Integrity
Anyone else find that Company News article to be poorly timed? Integrity isn't the description I'd give to our performance review process.
Be Prepared
Be prepared: print or download copies of performance reviews take pictures of other documents as needed. access to your PC will be taken away after you hang up with HR Have logins written down for other HR related sites like... — read more
Is Senior Principal at BNY Director?
Is Senior Principal at BNY a Director?
BNY Mellon has ZERO respect for its employees
It’s not about getting laid off. It’s about how BNY Mellon has chosen to go about shrinking it’s workforce. They have no respect for our intelligence. They are just a bunch of McKinsey disciples who feel that only, and I mean only profits matter. ... — read more
Retirement Package 20+ years
I heard management considering packages for employees with 20+ years with company to mitigate potential fallout related to laying many ‘senior’ people off. Has anyone heard anything similar? More details?
BNYM to reevaluate some middle management positions again
For 2021, BNYM would like to reevaluate some middle management positions again, just like they have done in the past. This will involve some managers who will need to reapply for the job positions that they already have. In most cases, the results... — read more
No motivation
Has anyone been seeing any lack of motivation in their BUs? For the last few months my coworkers - and I'll be honest, me as well - seem disinterested. Some of us feel like no matter how much effort we put in there, are no opportunities for upward... — read more
BNYM may be planning to dock paychecks $600 for those receiving the next round of stimulus money.
It is being heard that BNYM may be looking for a creative way to save on payroll by preemptively deducting stimulus money from paychecks. The rumor is that employees may be asked to sign a "Government Assistance Pay Reduction agreement" that will... — read more
Year End Review
Has anyone not received a year end review yet? For those who have received a year end review, how did it go?
Newish....Year End was a joke, is it pointless to escalate?
I've only been with the company for a few years, so I don't have as much context. My midyear and year end reviews were a joke.....off track/BE......and no follow ups, feedback, expectations, etc. Other places I've worked there were formal... — read more
1 or 2 - appraisal
Anyone actually get a 1 or 2 on year end?
2021 Layoffs
Anyone have any insight on first wave of 2021? January or April? Hearing different things. Know someone you was fine all year and only now on year end received BE rating (not deserved) on the list to be axed?
ATTENTION BNYM MANAGERS
Stop sending out e-mails to warn employees not to click on TEST phishing scams. It creates an environment of employees who are incapable of thinking for themselves. I am sure the department manager responsible for sending them out would be pretty... — read more
Wells Fargo employee here...Question on stack ranking?
Under Charlie, did you have to stack rank your employees at the end of the year only and then those below expectations would be laid off in January? Or, did you also have to stack rank them as part of the mid- year process and if employee ranked... — read more
Head of Ops Leaving.....comments?
Best wishes to AF.
BNYM to offer up to $600 HSA credits for getting the COVID 19 vaccine
BNYM is looking into offering up to $600 HSA credit incentive for those who get the COVID 19 vaccination in 2021. This credit would be deposited into your HSA account and would be in addition to all other credits that you would be eligible for... — read more
Get vaccinated for COVID-19 or you will be BE
Let this be your fair warning in case you're not paying attention. Some time in the future BNYM is going to mandate that you get vaccinated for COVID-19 or else you will find yourself BE and targeted for layoff. If you are full time work from home... — read more
Should I Stay or Should I Go Now?
Considering the current climate and the imminent possibilities of "reducing headcounts" yet again, what does a BNYMellon typical redundancy package currently consist of for the UK employee (15+ years, EE performance reviews, standard benefits:... — read more
MS 365?
Isn’t BNY quickly rolling out MS 365? https://www.inputmag.com/culture/microsoft-365-is-going-full-cop-on-employees-with-constant-monitoring
Its like you work at the DMV
There's no motive to work harder or do well. If mediocrity is your life-long ambition, this is the place for you. Its a great place to be if you are one of the few at the top, kinda like feudalism. So if you want to be a serf, because there is zero... — read more
Bank of New York Mellon Layoffs 2021
What's your prediction as it relates to the possiblity of Bank of New York Mellon Layoffs 2021? Any news or rumors?
PNC to buy BBVA for $11.6 Billion - 2nd largest banking acquisition since the 2008 financial crisis
As the competition in the banking industry gets stronger, BNY Mellon may need to be acquired in order to survive. https://www.cnbc.com/2020/11/16/pnc-to-buy-us-operations-of-spanish-bank-bbva.html
How is bonus looking?
How is everyone thing about bonus season in 21? As bad as 20 or better?
Todd Gibbons makes $12.5 Million a year as CEO of BNY Mellon
and his net worth is at least $43 Million as of July 2019. https://wallmine.com/people/28259/thomas-p-gibbons
2021
Ready?, set?, layoff! no one will be safe! The tsunami is coming! Fintech is coming for your job!
No upward feedback this year?
Last year it was Sep, when will it be this year?
Weak People takes revenge !
This is so true by Albert Einstein Quote: Weak people revenge. Strong people forgive. Intelligent People Ignore. I am going to add weak, cruel and greedy soul revenge...
How is Program Greenfield doing?
It was a disaster when I was there. The greenfield team never could work effectively with application owners and developers. Some app owners left the company out of frustration. Has anything gotten any better? Does BE still want 12,000 of her... — read more
I noticed a culture shift when I left Operations
I wanted to mention here that I began with BNY in an operations role on a processing team, and saw all of the issues that are frequently mentioned on this forum. Low pay, low morale, employees constantly worried about their job security, managers who... — read more
Relax and take a deep breath
I see some of my coworkers literally being overworked and nearing their breaking point. A see a lot of them slip further into depression because they feel like they’re stuck. Basically, they’re destroying themselves for a company that doesn’t care... — read more
I’m so glad BNY Mellon is worried about my health, well being, and family time
Yet they added 2.50 hours a week away from them (130 hours a year) so they can be in line with “industry standard”. They are always a follower, never a leader.
Major Layoffs Coming Q2 2021
Ex-TSG(IT) leader here. I keep in touch with multiple people still at BNY and am being told that major layoffs are planned for Q2 2021 along with a potential real estate fire sale/lease termination. Let's face it, BNY has been in layoff mode... — read more
Referred to as “old dogs” by senior management
A bunch of us were in a meeting with two members of senior management. At one point, one of them said, “Old dogs CAN learn new tricks.” This person was referring to us learning new IT skills, but what all of us heard was naked age discrimination... — read more
Lay-off was a blessings! Thank you all for helping me lay-off
All of you must have worked very had to support those guys, you might have been very happy when you heard the news that your spying effort was a big success, BUT, non of. you have no idea how much that help me grow as person and excel. I am... — read more