Thread regarding Bank of New York Mellon Corp. layoffs

Comp thread

Let’s have some pay transparency. Location/level/base/bonus/years at the bank

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| 76686 views | | 56 replies (last September 15, 2023) | Reply
Post ID: @OP+1oltpxZL

56 replies (most recent on top)

NYC area / J / 145K / 10k / 5 years

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Post ID: @hkfi+1oltpxZL

PIT / L / $135k / 20k / 7 years

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Post ID: @gqgs+1oltpxZL

Oriskany / G / 46k / 0 / 6-7years

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Post ID: @gzwz+1oltpxZL

Oriskany/G/46k/0/22yrs

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Post ID: @fhbq+1oltpxZL

HTX/J/$98k/1%/6mnths

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Post ID: @fgyp+1oltpxZL

NYC/L/182/40 // 2 years

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Post ID: @emzt+1oltpxZL

Lake Mary,FL/K/128K/30k/9 years

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Post ID: @9loh+1oltpxZL

NYC/H/110k/5-10%/1yr

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Post ID: @9tze+1oltpxZL

PIT / K / 117k / ~6k / 13yrs

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Post ID: @7nwl+1oltpxZL

Exactly, @6ywm!
My group SHOULD have been spending time on thigs such as migrating our apps to .net core so they could run in linux since our architects STILL don't have a solution for windows containers. But instead we spend our time doing other people's job such as giving system overviews to the latest new team doing penetration tests or filling out archer exceptions for issues found in "our application" that are totally nexen issues.

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Post ID: @6xol+1oltpxZL

@5oug, nope. Developers should develop and architects should architect. Of course each should have a basic understanding of each other's specialties, but they should NOT be doing each other's jobs unless your company only has IT people.
And as I stated, I SHOULD have been focusing on modifying our systems to use the new SMS and authentication. And that should have been done in short sprints before we even started migrating to GF..

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Post ID: @6ywm+1oltpxZL

NYC/K/155/?/1.5 years

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Post ID: @6pni+1oltpxZL

Nyc/L/180k/25k/4 years

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Post ID: @5kou+1oltpxZL

@3yxc

I’m a distributed software developer who does all of the things that @2xuq doesn’t think that he should be doing, but have been basic skillsets for developing distributed systems for 23 years.

If you’re building distributed systems you’re going to have to get out of the mindset of simply coding. How could possibly develop without understanding new SMS and authentication, creating design diagrams and URLS for web apps, web services and MQ servers. And understanding LTM's, GTM's and F5 appliances are critical. Everything that you’re naming should be your first questions on any modern development project.

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Post ID: @5oug+1oltpxZL

@4nfi

COBOL and BASIC aren’t coming back. You’re simply complaining about the pace of change. This isn't a job for anyone who doesn’t love and look at it as a hobby. If that’s not you, then you should retire to TSG where you can push paper to slow the pace of change until you retire.

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Post ID: @5lpi+1oltpxZL

@4nxt, because it's WAY more efficient to have people do the job that is their specialty. Not to mention that it's usually don't with fewer mistakes. My experience at BK is that application programmers are required to know and do everything from system administration, database administration, network engineering, business analysis, testing, etc, etc. Then they wonder why they can't hand off the work to offshore programmers.
We SHOULD be able to go to TSG and ask for a secure, scalable, reliable server with DR capability and they should do the rest.

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Post ID: @4nfi+1oltpxZL

@3yxc

Sound like you were working at your top competence level, needed a lot of help and managed to pick up some new skills. How can this be a bad thing? What a Debbie Downer.

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Post ID: @4nxt+1oltpxZL

@3yxc+1oltpxZ

That was EXACTLY my experience. Application Architects can and do build full stack applications on physical or virtual boxes. TSG can only babysit boxes.

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Post ID: @4cvv+1oltpxZL

NYC / S / 275K / 50K / 9 yrs

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Post ID: @3jlo+1oltpxZL

all TSG does is sit on calls, fiddle with excel sheets of always stale data, come up with "process improvements" that get changed again after 6 months, butt in everyones business on SOWs, and work remote in places like Miami and NC. i sure hope they get paid less

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Post ID: @3wbp+1oltpxZL

As an application programmer I find our architects to be pretty good technically, but severally lacking in basic management. When migrating to GF they pretty much guided us but made us do all the work. Instead of me focusing on code changes required for the new SMS and authentication I had to learn their job and create design diagrams and URLS for our web apps, web services and MQ servers. I know WAY more than I should about LTM's, GTM's and F5 than I should.

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Post ID: @3yxc+1oltpxZL

Software Architecture…. the people responsible for our spaghetti system infrastructure

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Post ID: @3gcq+1oltpxZL

If only you knew…

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Post ID: @3eii+1oltpxZL

@2shy, I guess you're saying you weren't a good one then.

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Post ID: @3txo+1oltpxZL

@2xu

No good Application Architect even worries for a second about a layoff. They’re simply too busy. The good ones who are called back can name their price. It’s a very consistent organizational pattern. When I left I blocked all of the right phone numbers and simply couldn’t be happier.

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Post ID: @2shy+1oltpxZL

@2xuq

“ To the Ks making over 150k that aren’t in NYC, what do you do?”

Software Architecture…. the brains. TSG is the brawn, makes much less as it’s really the clerical side of tech. Their major deliverables most years is bureaucracy

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Post ID: @2ymz+1oltpxZL

To the Ks making over 150k that aren’t in NYC, what do you do? I have access to Operations and ASD salary figures by grade/cost code/ location. Even some M grades that are relationship managers aren’t paid that high.

Assuming you aren’t lying, count your lucky stars you haven’t been laid off yet. People that are J grade in NYC making 85k are laid off because they are allegedly too expensive.

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Post ID: @2xuq+1oltpxZL

I think I’m getting the short end of the stick. I’m same job grade as a lot of these others, been here longer and make 40k of not more less

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Post ID: @1pvy+1oltpxZL

@1flf is correct.

Staying at the same company for more than 2-3 years costs you a lot in compensation. This is known as the loyalty tax. Not only do loyal employees end up compensated less that new hires, they are also more likely to be given additional work without an adequate pay increase.

Google it.

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Post ID: @1zsl+1oltpxZL

Oriskany M/250k/10%/8yrs

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Post ID: @1dpg+1oltpxZL

@lha

Pay transparency comes only with interviewing and getting an offer.

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Post ID: @1vxo+1oltpxZL

@1lxc

This, in a nutshell, is exactly why you need to move every couple of years. It’s not unusual to be hired and make more than your manager.

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Post ID: @1flf+1oltpxZL

Prepare to be jealous:
PGH / L / 178K/<5% / <7 years

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Post ID: @1lxc+1oltpxZL

K Max is around 175-180k and midpoint 135k. its all about ranges and where you fall in.

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Post ID: @1dzl+1oltpxZL

NYC/SMD/S Level/$750k all-in

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Post ID: @1siv+1oltpxZL

PIT / S / $235k / ~$125k / 16 yrs

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Post ID: @1dum+1oltpxZL

NYC / J / $120k / 5-10% / 5 years

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Post ID: @1lfl+1oltpxZL

Pitt: I/70k/17-18%/8 years but didn’t have true salary growth until leaving ops

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Post ID: @1nyp+1oltpxZL

There is no way in PGH a K is 180 and an L 185. Pure bs.

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Post ID: @1gvp+1oltpxZL

PGH / L / 185k / <5% / <10 years

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Post ID: @1rrs+1oltpxZL

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