Thread regarding Bank of New York Mellon Corp. layoffs

BE do not get package

Is it true if you get a BE you do not get a package? because you are underperforming they can just terminate you.

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| 1651 views | | 5 replies (last August 17, 2019) | Reply
Post ID: @OP+10zj7Zal

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Charlie should return the 9 million he steals and we could keep the people actually doing real work

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Post ID: @1dmo+10zj7Zal

Someone was “fired” in my office and had gotten BE. Instead of the sub for his/her 20 years the person was given 8 weeks..... sad but true.

Not true how they justify this contrived nonsense. New lows.

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Post ID: @hby+10zj7Zal

If they lay you off, you get SUB. If they fire you for cause, you do not. Before you are fired, you will go on at least a final written warning. The company needs a paper trail so that you do not haul them into court for unemployment. Guys, SUB pay doesn’t really cost the company anything. It’s a continuation of an existing payroll cost that will end at a point in the not so distant future. It is worth the measly SUB payouts for the company to have assurances that they will not be sued.

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Post ID: @clc+10zj7Zal

Well that sure would explain the BE quota: they’d save $$$ by not paying SUB.

Nothing else about the BE quota makes any sense.

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Post ID: @mag+10zj7Zal

They could, it is possible. But they would rather give you a sub for the promise not to sue them for any form of discrimination in their decision to lay-off.

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Post ID: @gpl+10zj7Zal

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