If unemployment lasts 26 weeks, and your sub pay package lasts 52 weeks, you continue to get sub pay, I assume? I ask because of the below language in the sub plan. Aren't you technically ineligible for state unemployment benefits after 26... — read more
Drunk on Power !
Joined as a manager and rose through the ranks of a Director. What could be his secret of success ? I had one of the worst Skip level meetings with this Guy. He was behaving as if he is drunk on Power. Don't see him as a role model or a positive... — read more
It's time to update your eligibility
Following the first FULL separation (SUB) payment received, call or certify online that you are eligible to receive the next payment within five calendar days and within five calendar days every payment thereafter.
Gen Z workers think their employers don’t care about their career growth, so they’re turning to ChatGPT for job advice.
Good morning! Gen Z is highly ambitious, and when employers don’t foster those ambitions, young workers will find other ways to pursue growth—including turning to AI. Around 54% of all employees feel entirely on their own when it comes to figuring... — read more
Can’t stand these people
My attitude gets worse every day. Same conversations with the same people who don’t want to hear anything you have to say when you actually know what is going on. I hope this sh-t model crashes and burns quickly
We're not as easily manipulated
There's a reason why BNY Mellon has been getting rid of its older, more experienced employees. It's much harder to manipulate somebody who knows their worth into doing three jobs for the price of half of one. Younger employees are eager and naive and... — read more
Interview RV and RG
Thoughts?
Agile ..the word of the week
Upper mgmt needs to get a clue. This new “model” they’re thrilled about is just making a mess with processes that don’t have any. How about upgrading our systems and maybe things will be better
Taken advantage of.
What possesses people to work nights, weekends, & while on vacation aroUnd this dump?
Question About Unemployment Application.
I don't want to apply for State Unemployed Benefit and cannot find any new jobs yet. Then, will I continue to receive my subpay, or do I have to apply for State Unemployed Benefit, which is mandatory?
Bnym lockbox pittsburg ops sold
Got less than a week to decide to go with the new company or term. Anyone getting severance packages if u don't sigh? It's due Tuesday 13th.
Lockbox sold operations
A week to decide....no one getting good info. Anyone not signing with the new company getting severence? Tomorrow is the deadline to sign and I prefer my year rather than signing with a company with sh---y benefits. Little time off. Anyone know? ... — read more
Bonus
Anyone leave after the bonus?
Healthequity HSA?
Anyone know what the deal is? I got a new HSA card from them and walked through setting up an account online but my account balance is $0. Is my current HSA supposed to automatically transfer?
Gee, I wonder what jobs they're going to move there.
https://www.linkedin.com/posts/bny-mellon_bnymellon-india-chennai-activity-7161191983942692865-tx4K/
How resilient and prepared is RV?
Will he survive RTO pushback, layoffs and downsizing plan!
They have nowhere to go but down
Does anyone disagree? I can only speak from my experience in Asset Servicing, but BNYM's business model reflects more of a commodity than a service. What can they really add to the table that separates them from competitors? Custody - most of it... — read more
Not what it was — Steer Clear
The firm used to be solid. But it has taken a major turn for the worst. Senior management has no direction or real goals. Robin Vince is purposely destroying the very fabric and culture of what use to be a great place to work. Expect layoffs to be... — read more
Layoffs are the new norm
When can we expect some peace and quiet? My team can barely manage the workload since recent layoffs. Too many people are gone. As if that is not stressful enough, I have to think everyday if I am the next on the chopping block. Worse, I am convinced... — read more
Goldman Sachs + Bank of New York Mellon = ?
The perfect merger candidate for Goldman has long been Bank of New York Mellon. https://www.theinstitutionalriskanalyst.com/amp/goldman-sachs-bank-of-new-york-mellon
SS&C Disputes Data Misuse Damages and Asks $889 Million From BNY Mellon
https://www.pymnts.com/legal/2024/ssc-disputes-data-misuse-damages-and-asks-889-million-from-bny-mellon/
HR/Benefit changes this last year
Can someone let me know if I’m missing anything? A new forced 30 day (+) leave notice period in the U.S. for anyone VP or above they no longer match 401k with each paycheck and make us wait a year (losing out on any dollar cost averaging and if... — read more
Resigning and Invested 401k and BK shares
Has anyone resigned recently and had the new company somehow (via signing bonus) compensate you for the unvested 401k and BK shares
Sub pay
How long did it take for everyone? I’m still waiting
Another lawsuit
How many is this now? Paid $714MM in March 2015 Paid $180MM in May 2015 Paid $12.5MM in December 2018 Plus millions of dollars more in other cases, now the below. Heads should roll at the top, whose watches these occurred under. Then maybe people... — read more
New employment
To the individuals previously let go, how long did it take to find another job?
Managers - how do you lay people off?
Are you directed on who to lay off? Performance based, I get. But my friends who were laid off today were the opposite of slackers. Our department is already overworked. I don’t get making the move, just to make a move. How is who goes decided? — read more
Anyone know the next 90 day reporting period?
For agile flex, is it November 27th to February 24th?
Incentive payouts - In January month end pay
Doubly sc--wed - I received nothing. This is suppose to reflect 2023 accomplishments but left up to wicked POS managers to decide what you receive.
Microsoft partnership
https://www.bnymellon.com/us/en/about-us/newsroom/press-release/bny-mellon-and-microsoft-forge-strategic-alliance-to-expand-leading-capital-markets-data-&-analytics-platform-130373.html Seems like a strange alliance since we axed most of our MS... — read more
Anyone who has recently resigned
Did the bank let you work out your notice period or were you asked to leave immediately? I know some groups used to ask you to leave immediately if going to another bank.
Next week and layoffs
Rumors are circulating about some minor cuts next week. Does anybody have more info on this?
Retroactive Time Submissions
Are you allowed to retroactively submit in office exceptions? What is the official policy on retroactive time submissions
Banned from BNY Employment
Has anyone ever chosen not to be put on a PIP but rather decided to leave? Only to be told you can no longer apply for any BNY Mellon or their affiliates positions in the future?
Lack of Transparency
If any senior managers or EC or People Team or Robin are trolling this board - please note that your employees SHOULD NOT have to be getting their policy interpretation from a ‘gossip’ site like this. You need to write your RTO (etc) policies and... — read more
Sub pay pay stub
I noticed on my first sub pay, as expected no 401k deductions, no HSA deductions, no social security deduction, etc. BUT there is no money taken out for benefits. Shouldn’t there be. I emailed the separation email and have not yet got a straight... — read more
Massachusetts unemployment
Filed for Mass unemployment on Jan 22. Did everything I was asked to do. How long before you receive the first unemployment check?
Dashboard not calculating correctly
Why is the dashboard not accounting for all in office exemptions? Anyone have that problem?