Thread regarding Bank of New York Mellon Corp. layoffs

Promotions?

A bunch of promotions are showing in the corporate directory for my business group but no one has received any compensation documents or salary changes from HR- anyone else experiencing this? They’re showing updated corporate titles since 2/1.

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| 13460 views | | 9 replies (last February 11, 2022) | Reply
Post ID: @OP+1f7EbXXC

9 replies (most recent on top)

“Promotion” was brought on and not told to employees..found out when going to put my time in and was denied. No negotiations, I make less than others who got to negotiate for the same job a year ago

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Post ID: @8txk+1f7EbXXC

Bonus is 2/28 and salary increase is 4/1. Salary used to be in July. Not anymore.

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Post ID: @4qqt+1f7EbXXC

Salary discussions happen next two weeks, as well as incentive discussions where relevant. Also, for promotions, to give extra pay, managers had to take that out of hyde from the salary pool, no seperate budget, so blame that on HR because promotions should come with money, but that was halted in Dec, 2020.

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Post ID: @1xtb+1f7EbXXC

Merit and Promo money are both effective 4/1 this year.

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Post ID: @lpg+1f7EbXXC

Rumor is pay rises are 4/1 this year.

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Post ID: @dfv+1f7EbXXC

Bonuses come on 2/28, normal salary increases aren't effective until 7/1

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Post ID: @kxz+1f7EbXXC

You got a promotion!!!! You want a raise too?

Greedy

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Post ID: @poz+1f7EbXXC

Any idea of the raise will go into effect for the 3/15 paycheck?

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Post ID: @suu+1f7EbXXC

My understanding is that salary changes have been wrapped into annual review and will be advised later this month.

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Post ID: @zyi+1f7EbXXC

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