Thread regarding Bank of New York Mellon Corp. layoffs

Pay discrepancy

I work with 2 others in a specialised team.
I have found out, the others earn 100k more than me, and we are all the same grade I.
I feel gutted.

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| 42695 views | | 14 replies (last April 5, 2022) | Reply
Post ID: @OP+1fVsSiWP

14 replies (most recent on top)

Don't borrow money??? I've made millions off other people's money. It takes money to make money and it doesn't have to be your money.

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Post ID: @bnbi+1fVsSiWP

@auhj+1fVsSiWP Very sound advice. I would only add to live within your means and be sure to put any unexpected bonuses or surprises aside for a rainy day as into any life more than a little rain will fall.

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Post ID: @aatr+1fVsSiWP

Live a simple life, don't borrow money , pay off your loans and you won't ever care again for grades, rise and layoff.

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Post ID: @auhj+1fVsSiWP

Even for an I who apparently can’t count this some serious change.

Kasching!!!

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Post ID: @1vtz+1fVsSiWP

Speak up because I recently found out I was making over $10k less than my male peers in the same mgr role. New mgmt fixed that bs quick. Without that happening I would have never known I was getting screwed over and I was doing way more than them

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Post ID: @1ksp+1fVsSiWP

$100K more in I grade, you have been misinformed and/or lied to. Each grade has a salary range. Unless you're in level S. The difference from low to high is not $100K.

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Post ID: @1mvi+1fVsSiWP

I make a little over $100k as a level I, but I remember a few years ago they told me I was maxed out at around $97k, so unless NYC pays an extra $100k at level I, that doesn't sound right. Maybe they're actually a few levels higher.

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Post ID: @1buq+1fVsSiWP

If it’s in Ireland you are for sure overcompensated. That mess should all should have been moved to Poland a decade ago.

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Post ID: @oex+1fVsSiWP

Wow! It sounds like your whole team make a sh*tload of money if it can vary by $100,000 per annum. My advice to you is to appreciate what you have and do not tell coworkers how well you are doing.

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Post ID: @ran+1fVsSiWP

Salary and levels are based on location -typically where cost of living is also higher.

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Post ID: @mfv+1fVsSiWP

Where does the person sit who determines your salary and who do they have lunch with. I'm pretty sure I can guess.

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Post ID: @ijv+1fVsSiWP

Someone making > $100k as level I? That's news to me.

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Post ID: @jcj+1fVsSiWP

I'm in Ireland, they are based in NYC.

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Post ID: @qke+1fVsSiWP

How is that possible? $100 k difference at that level sounds very off.

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Post ID: @bat+1fVsSiWP

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