Thread regarding Bank of New York Mellon Corp. layoffs

Hard work does not pay off at BNY

I worked my tail off for years at BNY but i was told I never exceeded expectations and that I would have to wait another year before I would be considered for a promotion. Since my talent was being overlooked I decided to apply outside the company and was offered an amazing position. BNY tried to match me but since I’m making 30k more they couldn’t ! Best thing I ever did was look outside the company . I’m now making more money, doing less work, and less stress. Can’t believe I worked so hard for such little money and acknowledgement. All I can say it the grass is greener on the other side

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| 75701 views | | 9 replies (last October 5, 2022) | Reply
Post ID: @OP+1iWtslJ9

9 replies (most recent on top)

@1lag

“Management” is plural.

But in BNY all I can see the managements lie to the employees everyday. I have learned from the BNY managements, I keep lying to managers ever day that the work was too much, and I have to postpone the deadline.

Not “ But in BNY all I can see the managements lie to the employees everyday.”
Try this: “ But in BNY all that I can see the managements lie to the employees everyday.”

Not “I have learned from the BNY managements, I keep lying to managers ever day”.
Try this “I have learned from the BNY management, I keep lying to managers ever day”.

When you express yourself coherently people perceive you to be intelligent.

Very good on “ I keep lying to managers ever day.” You nailed that one.

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Post ID: @7ojd+1iWtslJ9

One is expected to work very hard every day. We are continually raising the bar on performance. There is no greater reward than knowing you out out your very best work.

(Did I get the 5 minute manager talking points right?)

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Post ID: @6bcv+1iWtslJ9

In elementary school, they always teach honesty; but in BNY all I can see the managements lie to the employees everyday. I have learned from the BNY managements, I keep lying to managers ever day that the work was too much, and I have to postpone the deadline.

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Post ID: @1lag+1iWtslJ9

I no longer work hard here. I put in the time & collect my check.

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Post ID: @1iqi+1iWtslJ9

Same boat here: I left for a job with the government and got a raise of close to 15k. That's not supposed to happen: Workers in the private sector are supposed to make more than the public sector, but we're talking BNYM here. I guess I won the disagreement with my manager as to if I was underpaid or not.

It would be an understatement to say that I am happier now.

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Post ID: @1yfk+1iWtslJ9

The 2021 standards for ratings were 10% below, 60% meets, and 30% exceeds.

I don't think that 30% were exceeds ratings. It is my understanding one needs to bring in 7 figure revenue, have zero mistakes, walk on water, and heal the sick on your lunch hour.

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Post ID: @ayg+1iWtslJ9

I know of no one who has left the Bank for a career move, displacement, , Family Leave Act or even simply flipping the bird and walking out who has not wound up far better and far happier. It is amazing how your entire outlook on life improves when you escape. It’s like a cult where you are too worn out to escape.

PTSD is real here. Pick yourself up and start looking, I don’t care how tired and worn out you are. Just do it.

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Post ID: @uif+1iWtslJ9

The Exceeds Expectations thing is a conundrum for managers, and just nonsense generally.

Most years, managers couldn’t give it to more than 10% of their people. And sometimes their manager has an idea of who they think deserves it. (Usually a friend.)

And just because a manager has 7 or 8 people doesn’t guarantee they can give it to even one person because senior management looks at the roll-ups for entire divisions and make managers adjust ratings to meet the guidelines.

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Post ID: @oec+1iWtslJ9

Where are you now?

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Post ID: @img+1iWtslJ9

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