Please mark your calendars for the next Dermie PŌM event, which will take place on September 25th. Our esteemed CFO will be delivering remarks on various topics, including his increasing personal wealth and the effectiveness of the PŌM model in... — read more
These surveys are a total joke and a trap
The survey questions are not actionable and there is no accountability for the results or corrective action. There used to be a third party that would tabulate and report the results. Now this reporting is managed internally and there is no privacy... — read more
This job feels like an abusive relationship and it’s breaking me down
I used to feel confident but now I doubt myself every single day because of the favoritism and gaslighting here. Even as a top performer I’ve never felt so low about my work. It’s utterly exhausting trying to hold it together and I don’t know how... — read more
Pennington
Has anyone heard when they plan to make an announcement about the status of the site?
Trust and Confidence in Senior Leadership
What is your current trust and confidence level in our Chairman/CEO and the Executive Committee? What are the reasons for your perspective? If there is one thing you could change about our current leadership and direction that would help... — read more
Pittsburgh
The Pittsburgh leadership team has fostered a foul work environment where it is okay to be unprofessional and racist. Look around, minorities do not thrive in this office.
Peakon Surveys are a JOKE!!!!!
The most inefficient survey. Not sure why everything is open ended… how are you supposed to collect quantitative data that way to measure against a benchmark or standard? Why do we get surveyed so often with little to no change being made in between?... — read more
RTO Poland
Info for my Amercian friends. In Poland there will be an application for desk reservation. We dont have enought desks for all the employes and with 4 days in office coming it looks like this is their solution. Just saying that it may be used in your... — read more
RTO - we're not all created equal again
The Agile crew is still chilling with their sweet 2-day setup.
Year end merit bonuses
I started in January as an engineer and was told a 5-10% merit bonus is typical. Other engineers under my manager have said in past years they have received bonuses. Is this true? When do we know if we get one and when are they paid out?
This is not a winning strategy
The so-called “low cost country” strategy has gutted entire departments and cost us some of our best people. Moving work overseas might save money on paper, but the loss of knowledge, morale, and quality is enormous. The people making these decisions... — read more
Thoughts on the dissolution of Corporate Trust
curious to know everyone's thoughts on the future of corporate trust
RTO isnt gonna work
Do they even want us to work or not? When I arrive at the office, most of my team members have already logged off, since I’m the only one in the U.S. and the rest are in India. At this point, it feels like they’re just trying to tell us to give up
Any shift in hiring
With everything going on with H1Bs and talks about an outsourcing tax has BNY thought about focusing more on hiring in the US? The tax itself seems unlikely, but it still is going to influence the amount of outsourcing a company does. Can’t have all... — read more
Micromanaging all of a sudden? Hmmm
Anyone else’s managers suddenly started micromanaging THE HE-L out of them??!?! No??? Just me??!! My boss straight up asked me why I’ve been away from my desk for so long because they stalked my Teams status (I put a hold on my calendar) and when I... — read more
401(k) match criteria
I had saved this off and thought I'd post it for anyone looking for info about the 401(k) match. The second bullet point has the details for those 60 and up. Change to Eligibility for Company Matching Contribution Effective January 1, 2023, to be... — read more
Pumpkin Spice & Pink Slips: BNY’s Brewed Awakening
As September rolls in and the scent of cinnamon wafts through the air like a passive-aggressive performance review, BNY Mellon’s Executive Committee has declared its Q4 strategy: transformation through seasonal beverages. Forget earnings calls or... — read more
Mental health
Just a reminder to get up, take a break, get away from your computer regularly. Take 5 or 10 minutes every hour to focus on yourself. The clown Robin can afford it, and they're going to mark 25% of us as not meets anyway :)
Below Model fallout!
What typically happens if you fall below attendance model first time? Do you get put on a naughty list?
Ratings for promotions
From the new rating scale, what do you need for a promotion on scale of 1-5. My manager is telling me he can promote team members on met (3) but I heard from reliable sources only if they get 1 or 2 can be promoted. Does anyone know the correct... — read more
BNY is just a job
I’ve learned the hard way not to get emotionally attached to a company. Treat it like a job, not a family or a mission. Give your best at work, but don’t let it control your life or define your self-worth. Trust me, nothing good comes from being a... — read more
Career Change
Never until I started working here did I think I would ever pursue a career change in a completely different field. Extra change is going toward savings and extra time (because sc--w working late now) is going toward the classes. It will be my side... — read more
Let them eat cake!
Did RV seriously just post on LinkedIn with a picture of his free cup of Starbucks?!!! Seriously an out of touch leader while he makes those of us at non growth centers suffer. Talking about non growth centers… what was the point of shuffling... — read more
Salary range info
Is it available anywhere? Or can someone chime in with the range for VP, VP II, and SVP?
Goldman sachs
Why are so many goldman sachs folks being recruited into bny to take positions?
Infosys parallel team
I’ve heard that an Infosys team is working in parallel with current employees in certain areas, with the possibility of eventually replacing them. Has anyone else heard about this?
4 days a week
Are you excited to go to the office? All the free coffee! Xoxo Robin 😘😘😘
New Dublin office
What is the opening date for the new office in Dublin? Am I right in saying Bny are taking over 4 floors in the building and not all are opening this year?
Sad state of affairs
Whenever we hear someone is leaving the firm, the first question is always “leaving on their own?” It is not right that our brains have been trained to think this way. The impact of poor mental health from a toxic workplace can last a very long... — read more
Is it worth it to negotiate the severance package?
I was offered a severance package of 2 weeks per year of service. Was wondering if anyone had successfully negotiated more weeks per service and if there was any way they would match the 401k for this year.
Layoffs
Anyone heard anything about layoffs happening on September 15? Trying to confirm if there's any truth to the rumors.
Return to Oblivion (RTO): The Crusade to Cost-Efficient Chaos
In the gilded towers of BNY a bold new vision has emerged—one that promises to revolutionize banking by replacing logic with leveraged cost ratios, and employees with AI bots. The mission? A 25% displacement goal so ambitious it makes someone with an... — read more
Return to Office - Unofficial Layoff
They have started the next round of layoffs without having to pay severance. They are cherry picking which employees are allowed to remain remote and those that need to report to either Lake Mary or Pittsburgh. Failure to relocate is considered... — read more
Anyone else notice that….
These Clown hall meetings , Dermie P-O-M eyesores, investor conferences etc. etc. etc. always seem to happen around two weeks after a ‘blood letting’ here? Jupiter sized head Dermie will have a complete waste of time agile p-o-m snooze fest on 9/25... — read more
This place is toxic
They’re trying to break us so we leave and they dont have to pay severance. We have all experienced it or witnessed the behaviors. , U.S staff treated like 2nd class citizens, wrongful terminations, intentional forced ratings etc. The list goes on... — read more
Elevators
Maybe they should have had all elevators functional before mandating 4 days in office...The Executive Committee ought to be replaced with AI. Would save the shareholders tens of millions with 16 lay offs and not miss common sense issues like have... — read more
Principle Review: Thrive Together
The EC sends out an email today reminding everyone about the principle of "Thrive Together." Well, let's review the principle and how it is defined on paper vs. what it means in practice. On paper: "Our culture is built by all of us, and we lead... — read more
AI BS
Looking at the stats today. Eliza Pulse Own it. -37% Stay curious -17% Thrive together -43.13% Engagement with Eliza is tanking.
Showing up and thriving together.
Hilarious.
Hours Tracking
When will hours in office start being tracked?