Thread regarding Bank of New York Mellon Corp. layoffs

Salary increases due to inflation

Some companies are starting to increase employees salaries to soften the blow of Biden's inflation hike. Will BNY follow suit?

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| 65023 views | | 6 replies (last September 27, 2022) | Reply
Post ID: @OP+1iIyAJEN

6 replies (most recent on top)

You’re funny

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Post ID: @dijx+1iIyAJEN

You are asking about large raises and meanwhile I am over here hoping that we don't experience a pay cut in 2023. Based on recent talking points, I don't think there will be merit increases in 2023. I would rather have no raises to give than have a very small budget that only goes to 1/2 of the team. 2020 Merit (paid in 2021) was insulting.

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Post ID: @1ljh+1iIyAJEN

That’s crazy… the Bank’s costs are also going up. If anything they may finally have to restart layoffs after 4 really great years of job security.

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Post ID: @hje+1iIyAJEN

Are you in fantasy land? Firms are going to start to let people go, not give them raises.

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Post ID: @opw+1iIyAJEN

which companies? MyPillow?

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Post ID: @boy+1iIyAJEN

Haha. I wish but the Short answer is not a chance.

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Post ID: @mjv+1iIyAJEN

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