Topics regarding layoffs at Bank of New York Mellon Corp.

Topics regarding layoffs at Bank of New York Mellon Corp.

Some try to get laid off

It’s amazing to me that there are more and more people willing to do anything to end up on the layoff list. Isn’t it easier to just find a new job and leave MNY Mellon on your own?

No Zoom?

What kind of place is this that does not even use Zoom? Even churches use Zoom! Antiquated technology!

WEF/Shwab/Davos

Should Todd and Robin pledge their allegiance to Klause at Davos next week? I wonder if Klaus will have some kind of loyalty test to ensure they are committed to Agenda 2030?

I intend to ask for a raise

I have long debated whether or not to ask for a raise. How many of you here have asked about getting raise and what are your experiences?

A return to thuggish behavior

As the economy slows, jobs become less abundant, and the power balance slowly returns in management’s favor, expect companies like BNY Mellon to return to strong-arming and intimidating employees. Why? Because they smell an opportunity, and because... — read more 

Such a cold and miserable environment

I've been here for less than two months and I already can't take it anymore. How in the world do the rest of you put up with this? I don't care how it will look on my resume, I've already started looking for a new job. I'll take a pay cut, I don't... — read more 

Staffing issues

When is somebody going to do something about staffing? We are expected to pick up ungodly amounts of work because they're either not capable of hiring more people or don't want to do it. I'm getting tired of 10-12 hour days and I know many others are... — read more 

No wonder so many are quitting

BNY Mellon is extremely cut-throat and only those employees who know higher-ups have a chance to progress forward. Everybody else is out of luck. There is also no appreciation for new talent, and don't even get me started on trying to offer up new... — read more 

New Hire Screening:

I recently received an offer of employment for BNY, but it is pending a dr-g screening-something that was not discussed until I read the offer verbiage. Does BNY test for THC or will having this show on my exam cause my offer rescinded. Any insight... — read more 

They will sooner or later have to offer better pay

If leadership cares about BNY Mellon maintaining a good reputation, then I believe it is high time they considered how they can offer better pay and better benefits to their employees. I have compared pay and benefits with competitors and now I am... — read more 

Antiquated technology at the bank

Quick question - do you think that something will change soon and the leadership will finally realize that it is time to invest a little more in new technology?

Am I working in a hostile work environment ?

Salaried but lunches are timed by boss. If I am running over 2-3 minutes boss asks if something is wrong. Sometimes don’t even get a lunch Told I ask to many questions and my meetings run over Takes initiative to respond to emails but boss... — read more 

Can't get myself to quit

I have been looking and interviewing and I even got a decent offer but here I am, still doing the same old job I hate for a manager I hate for the company I despise. I have no rational explanation for this. I guess I've just managed to convince... — read more 

Contractors

Do contractors stay a while at BNY? The rate is good, but i wonder how long the party lasts and whether i should accept a FT here

I never thought it would be like it is today

I got a new offer, but I'm still sad to leave because here I had the opportunity to work with some of the best people, the best experts and in a much better atmosphere. If someone told me a few years ago that this place would be full of... — read more 

These kinds of raises are not even close to enough.

I recently got a 3% raise. If times were normal I guess I would have been happy, but with this kind of inflation even with the raise I live worse than I used to. What pi---d me off was my manager, who portrayed the raise as something big and... — read more 

Keeping skills up-to-date

It is very important to make an effort and remain marketable in today’s competitive business world. I still think that keeping skills updated is the task of an individual, but for me personally it was not easy. Perhaps BNY Mellon doesn't have a... — read more 

What's the point of it?

I'd like to know what's the point of us working so hard when all we get in return is being used up until we have no more to give and then we get shown the door without a second thought. Two amazing people who gave their lives to this place for more... — read more 

Wasted career?

Does anyone else who’s been here many years feel they’ve wasted their career ?

Managers disconnected from employees

The previous place where I worked, it was quite natural to sometimes ask the manager for some advice. The current manager here I would never ask for anything because he is completely disconnected from our team. I hope this manager is a lone case at... — read more 

Pension

Has anyone cashed out their pension after leaving? It’s not a large amount but left a few months ago and never received any information on the plan or options…

Easy to say...

it's easy to say "just put in 40 hours and not a minute more". In reality, when you can't find a new job and don't have a lot of savings, it's not easy to take a stand like that. I don't know what your boss is like, but mine certainly wouldn't like... — read more 

Stay away from BNYM

I noticed many new recruits who join full of excitement and hope for the future quickly realize they've made a huge mistake. I don't want to feel bad for them since they made their own bed (never join a company before doing proper research on it) but... — read more 

BNY 'growth' stock

Click on 'max' history when viewing. https://finance.yahoo.com/quote/BK?p=BK&.tsrc=fin-srch

I'm completely burned out

I was already overworked while we were working remotely but at least there was no long commute several times a week and there was nobody to bother me while I was working. Now, I'm just at the point where I can't take it anymore. I'm distracted... — read more 

What positions make 100k+ ?

I work in operations closely with one of our legal departments. I make less than 45k a year. Debating whether or not to go back to school and use Mellons tuition assistance to be more marketable. As someone not very familiar with other areas of the... — read more 

How much pressure are you under?

I understand that facing competition requires stronger teams. However, it seems to me that most managers here believe that stress and a negativity will make stronger teams. What I’ve been experiencing here lately is disaster. Before I give notice... — read more 

Extra work for free

I thought there weren't that many people here who do extra work for free, but there seem to be a lot of them. Recently, a colleague complained to me that he was exhausted because he was constantly doing extra work (for free). Why do people do that?... — read more 

Being boss’s favorite

There are many benefits to being a manager's favorite, but there must be some downsides too, right? It sometimes seems to me that this is not too good for one's career, no matter how strange it may sound. I know a person who left here only because he... — read more 

$699 million net income in Q1

700,000,000 (profit) /50,000 (employees)=$14,000 per employee profit in one quarter. Multiple that by 4 and just ugh. All of 2021 I worked weekends more than a handful of times, I did on call support every month, I completed every assignment asked... — read more 

Is that the only way to be promoted?

I did the best I could, I was maximally engaged, I love my job. In the end, I asked my manager what I could do to get a promotion. His answer was rather vague, as if he himself did not know what to say to me, but he emphasized that "I shouldn't... — read more 

I genuinely hate my job

And I hate this place. I've never before worked at a place where longevity with the company brings less job security and less respect, instead of the other way around.

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