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
The problem with Pluralsight training
You are expected to do 2 hours of video training a week. If you want to follow along with the training and actually try to learn, it’s going to take more than 2 hours. Also, maybe it’s just me, but I wasn’t given any guidance on specific training... — read more
Are distributed ratings still here
I’ve heard there are mandatory BE numbers.
Don't work for this company, its simply awful
Especially if you are a young person just finishing up college. Don't waste your time being an intern or getting a job at BNY Mellon. You will regret that decision in less than 6 months I promise you that. You would not believe the dysfunction and... — read more
Emily’s 1st earnings call
Big week coming up.
Inspiration problem?
https://insights.dice.com/2020/10/02/do-technologists-have-an-inspiration-problem-at-work/?amp&utm_campaign=Advisory_DiceAdvisor_H1B&utm_source=Responsys&utm_medium=Email
Return to office
Has anyone heard about when the majority of different locations will be returning to the office? January? March?
I want to get laid off, but they won't do it!
I want the package. 2 months' severance pay for no work sounds good to me. I'm at a place in my life where I'm planning to leave soon anyway and take a few years away from the workforce to pursue other goals, so why not get a package on my way out?... — read more
Muzzling of women
Are there any other women in particular or any individuals out there who feel muzzled by their male colleagues due to ego issues? I’m so tired of it. Several instances of speaking up about something and told it’s not a concern and later found to be... — read more
ATTENTION BNYM MANAGERS
When a phishing email test is distributed to employees, it is not appropriate to warn the employees to NOT click on it. It defeats the purpose of the test. Instead of employees learning how to think for themselves, you are creating a bunch of... — read more
New layoff pool
Ask around — now anyone marked for layoff or laid off will be able to be recalled for an even sh–tier job. And if you decline you lose your severance.
Don't trust anyone!
People don't trust anyone @BNYM, even if someone acts like very close friend of yours, these are hungry ghosts spying on you to protect themselves. I know not many do this but some poorly skilled and badly raised people with cheap and greedy soul... — read more
CEO employee webcast.
What a bunch of propaganda. I heard the same things 15 years ago, and 4 CEOs ago. Bla bla bla diversity. BlaH bla blah engagement. Blah blah blah.. Blah blah blah expense reduction. & what a bunch of hand picked softball questionS.
Going back and lsyoffs
With the potential to not go back this year, chances BNYM continue to not lay-off into 2021?
wells fargo
https://www.nbcnews.com/news/amp/ncna1240739
Age discrimination class action lawsuit (have at it)
These are the law firms that represented IBM employees in a class action age discrimination lawsuit that IBM lost in court. I got the information for a journalist who wrote about the case. Have fun! Attached is the EEOC determination letter... — read more
Citi and Wells layoff this year despite their pledge not to in 2020. Could it happen at BNY Mellon too?
Check out the following... — read more
Lots of announcements
What’re people thinking?
Outsourcing to India
I hate to write this.... But it’s a truth facts Working with them is a real pain as they takings their own sweet time to process!!!!