Can anyone elaborate on the target bonus versus what actually gets paid? I had an interview where I was told the role’s target bonus but then told no one ever gets that amount. If the target is 27%, what typically do you receive?
Snow Day Thurs Apr 4
Can we use an extreme weather exception?
WTG dashboard
anyone notice issues with the WTG dashboard numbers with today update ? required Min days went up for prior reporting periods already settled- valid absences removed from the data calculations that were there in the detail data sheet last week
Should we even worry about layoffs in the next few months?
I think we should be okay for a while. Am I wrong?
Name Change
They should really update the name to just “The Bank” or “The Bank of Anywhere But NY” because they have basically removed all traces of BONY and Mellon. RIP BNYM
Zoom Cameras On
Policy now to always have cameras on? They looking for passive aggressive ways to make you miserable from WFH
17000 India based BNY employees. Wow
A recent linked in post by Emily says there are 17k India based employees. This translates to one in every three employees or probably more than half of Ops & Tech employee base for this US based G-SIB. I wonder how high this number can go? With... — read more
I'm petrified of layoffs
I struggle with interviews and I tend to completely bo-b them. The idea of having to deal with that entire mess when the job market is as tight as it is right now is keeping me up at night. I keep hoping we'll get some signal that layoffs are done... — read more
New RTO rule - 2 strikes and goodbye
Have anyone else the email that starting from new RTO reporting period ie feb thru April if you fail to meet 2 RTO numbers in a 12 month period it’s termination
Retirement Red Flag Global Crisis
Larry Fink Says World Leaders Must Address Growing Retirement Crisis https://www.wsj.com/finance/investing/blackrock-larry-fink-annual-letter-8484e68e Huge workforce retiring without enough socials and 401 k in their accounts to survive their rest... — read more
Instead of laying us ops off
Instead of keeping to layoff people in ops, can I make a suggestion. Invest in tech and layoff the people responsible for accounting technology -who helped contribute to last months investone accounting platform outage/production issues
is everyone a director in this bank?
i feel like its rare to see a VP or even SA anymore everyones a director or SVP. at this point i dont think the title even matters.
Count your blessings if you’re not affected by PODs yet
I want to cry
McKinsey Exposed
https://youtu.be/AiOUojVd6xQ?si=d8SOsJVGnLX7XVqq
What is the BNYM HR number (or e-mail) for cashing out one's 401K?
I very recently resigned and I do not want to roll it over (I was previously with PNC and they had a number to cash out one's 401K [yes, I am well aware of a penalty for early withdrawal]). I just need the number or e-mail. Thanks a lot!
Layoffs Happening Next Week
WARN notice has been filed. Layoffs happening early next week for NYC office people. Goodluck all.
Severence for L grade?
Hi. I know its based on tenure but is it one week or two weeks per tenure year?
Unemployment VS BNY Mellon SUB pay
I haven't read through my separation agreement. I’m still in shock. Does anyone know if my BNY Mellon SUB (Supplemental Unemployment Benefit Plan) pay is reduced if I get unemployment payments? I got two weeks for every year I was employed. — read more
BNY leads in AI Deployment
https://blogs.nvidia.com/blog/bny-mellon-superpod/ BNY Mellon, First Global Bank to Deploy AI Supercomputer Powered by NVIDIA.
Great employees get more work while others coast by
I’m constantly receiving extra work from my colleagues while my manager keeps making excuses, especially when there are higher-level colleagues who do less and get away with it. This is how great employees leave the bank. Fair and equal treatment... — read more
Let go today
I was let go today but haven’t received my separation agreement or any information yet to my personal email. How long has it taken for others who have gone through this process?
Operations Town Hall
What are your impressions of the town hall meeting? I perceived a strong sense of accountability and commitment to positive change with Richard's involvement. Do you agree?
Redundancies in London?
Are many London employees being made redundant curently ?
Redundancy package in London
What is the usual redundancy package for London employees at BNY Mellon (on top of statutory pay)? How many weeks redundancy payment per year employed ? Anything else?
Return to office policy fueling resignations
Instead of balancing return to office, in a productive way, the policies are driving people to resign. I heard both Jeremy Kross and Vivian Tungs recent resignations, RTO was a factor-as well as the constant change. Our operations teams are a... — read more
Fired Last Week for something Months Ago
Last week, out of the blue my manager said they were firing me for non-compliance with the in-office hybrid model… in 2023. I heard from a coworker there that he read in his teams about people being laid off last week. A formal warning about being... — read more
Leave!
If you've got some skills under your belt, and I mean anything that is usable somewhere else, I'd strongly recommend you high-tail it out of the hot mess that is BNYM and don't even look back. I'm too old to make the move myself, but I hate seeing... — read more
Resigning
If resigning, do you have to tell manager where you are going?
Is HR protecting certain people?
I work in a global team of about 20. Our director is not very well liked and she definitely plays favorites. The US manager left in late 2022 and then most of his team jumped ship as well mainly because this new director was making everything... — read more
Trying to get a hold of HR
Trying to get a hold of HR is a nightmare. I just sat on hold for an hour and gave up. I can never get ahold of anyone. Does anyone have an email address that works? My position was eliminated 3 weeks ago, and I need to be able to get my paystubs... — read more
Separation Agreement
Does anyone have a copy of our separation agreement?
Voluntarily Redundancy
Any way to do this?
Work From Anywhere
Are these accrued and prorated if you resign? I assume can't be cuz their is no monetary value.
Redundancy package in London
What is the usual redundancy package for London employees at BNY Mellon (on top of statutory pay)? How many weeks redundancy payment per year employed ? Anything else?
Peakon Time!!
LFG!!?
Eagle being shopped?
Is this rumor true?
BK Shares
What happens to the BK shares in our fidelity accounts if we are no longer with the company? Had anyone had any experience selling theirs?
Layoffs today
Hearing a number of people were let go today!
I'm getting tired of this
My manager who has no life because he lives for this place always expects me to also not have a life for the sake of the company. I'm getting tired of it! At least he is well paid for what he does, I'm not. And in all honesty, even if I was, I still... — read more