Thread regarding Bank of New York Mellon Corp. layoffs

I'm happy to work extra for extra pay

Am I the only one who's tired of wearing too many hats but only getting paid for one? I'm not married, so I have no issues with working 50 or 60-hour weeks. I'm more than happy to work on weekends as well - but as long as you pay me properly! Expecting me to keep adding hours to my workweek with no extra compensation is the safest way to get me to leave.

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| 72356 views | | 14 replies (last October 17, 2022) | Reply
Post ID: @OP+1iLIYkxp

14 replies (most recent on top)

Ok, Boomer.

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Post ID: @uhdw+1iLIYkxp

I’ve always put my best foot forward and cheerfully worked the massive hours per week. I’ve found over time that it’s recognized and is a great career builder. I’m a boomer though and I do understand that the Xers on down through millennials and Gen Z are a lot less interested in work. Oh well, life has a way of enforcing a work ethic and I feel sorry for those that get it late in life.

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Post ID: @twkk+1iLIYkxp

I’ve worked for this company for 15+ years. You will never make money for your worth here. They just keep piling on the work and expect more from you.

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Post ID: @5nme+1iLIYkxp

It’s cultural, particularly in Pittsburgh… a once major city which has never really recovered from the collapse of manufacturing and the flight from the rust belt. We all obediently salute and obey because we need to keep our jobs for our families. But this psychologically damaged generation is now leaving the workforce in droves and the millennials are having none of it. We are rapidly losing experience and are unable to hire quality graduates with our low pay scales.

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Post ID: @1gcy+1iLIYkxp

I was almost amused at how people would leave or be eliminated and I’d be told I was taking over all their responsibilities.

No extra money (always the vague promise that I’d be taken care of, presumably in heaven). And no tolerance for mistakes, missed deadlines, or pushing back on workload.

Top companies don’t operate that way!

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Post ID: @1uci+1iLIYkxp

Instead of more pay, try to squirrel away the free pizza and starbucks

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Post ID: @1ofg+1iLIYkxp

siu+1iLIYkxp

“Working “ behind a computer sitting on your bu-t all day does not make you a hard worker no matter how many hours you do it.

Keep chasing that crumb. If your lucky. All your a** kissing may get you 1.2%

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Post ID: @1jwc+1iLIYkxp

@cjr+1iLIYkxp

Allow me to sun up. You’ve generalized about 3 different generations and the laziest of all deserves more.

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Post ID: @siu+1iLIYkxp

To continue. Find a hobby. Spend more time w/ family & friends, sleep more. Do anything EXCEPT work more for free so the execs make more with giving you nothing. .

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Post ID: @zmy+1iLIYkxp

I don’t want to work 1 hour over 40. My pay is based upon 37.5 hours. Then they made it mandatory w/o extra pay /compensation to work 40.

This place is chaotic & meeting after meeting w/o need.

Your not going to be compensated so the sooner you & everyone else quits putting in 60 hours a week, the sooner they’ll get the hint…. Until then. They will keep treating every1 like cr-p.

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Post ID: @znq+1iLIYkxp

Agree with OP - I don't mind working additional hours, but I need to be compensated for my extra contributions. Merit, bonus, promotion (or true opportunities) have remained flat over the last several years, even before COVID. In real terms salary has significantly decreased.

But here's the twist on OP - I've found that the longer days/weekend are the result of inefficiencies throughout the day - broken processes, poor/non-existent management and total lack of accountability for those generating errors and losses, and let's not even get into Technology... The point is that an 8 hour day should be more than sufficient for most to complete their work.

So why is it that no one seems to ask why this company continues to operate they way it does - chasing its tail day by day. Why do managers decide on a Friday that something needs to be resolved "yesterday", only to throw together a weekend taskforce of VP level staff to work on entry level work - frankly, it's embarrassing. And those "volunteers" are responsible for this ongoing ineptitude.

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Post ID: @wtp+1iLIYkxp

GenX on down are slackers. I don’t see how this ends well.

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Post ID: @rds+1iLIYkxp

Good post from a financial forum I use:

Middle managers now operate as accountability agents for staff performance, not stewards of their subordinates, they're less like mentors and more like those prisoners who are promoted to te--orize other prisoners and keep them in line. They're the person executives squeeze so that they will squeeze the staff/budget/whatever they can to produce better bottom line numbers.

So that means they don't have the authority to give raises, and are disincentivized to ever advocate for them.

As for the army of noobs issue, yes, as time goes on and the lifers die-off/retire and are steadily displaced by a generation that doesn't perform on command and jobs have even less perks and security, companies are coming up against the army of noobs issue with no systems to even onboard them.

I'm seeing this play out in bigger and bigger organizations. I was seeing it in small businesses and wrote it off as just poor planning by naive business owners, but then I started seeing it spread to medium sized businesses.

I'm now seeing it in DH's work, which is for the federal government. There was literally NO system in place for his onboarding to a new department. None whatsoever. A senior executive eventually dedicated a few hours to showing him where the files are kept and how to access them.

DH then realized that the 3 people reporting to him were also new and had no knowledge of how anything worked. People are moving jobs so quickly even within the government that instead of there being one new person to an established team, the entire team is new, with no corporate memory at all, and no training systems in place. And they gutted the administrative staff a decade ago, and they were usually the ones who knew how everything worked.

If the largest employer in the country is starting to suffer for lack of experienced, qualified staff, then yeah, there's a systematic failure happening in real time.

You can see it reflected in both Tesla and Facebook's current epic meltdowns about how they are coming down hard on their staff to step up performance. Like, seriously?

That's a telltale sign of a management system that has gone off the rails. When Musk starts lamenting that Americans aren't as hard working as the Chinese, you know something is going very very sideways on the management front.

The moment I hear an employer talk about their entire staff being lazy, I know that company is in serious trouble with HR problems that are snowballing.

As someone above said, HR departments have generally just expected people to stay put, but you can't forget that the new generation of workers weren't told by their parents to find a good job, work hard, and do their time. They were TOLD by their parents that the way to get raises and promotions is to switch jobs.

The incoming batch of staff are already planning to leave the day they sign their employment offers. They'll even be shameless honest about it if you ask them because it's been THAT normalized for them. It's why I always just flat out ask them in interviews what job they want after this one. They'll usually even volunteer a timeline.

It's a different reality managing a population of staff who just have no concept of the old school loyalty to the employer. There's no one in their life who has ever normalized that. Their Gen Z parents have felt trapped by it, but do not subscribe to the ideology that their parents instilled in them.

Think about that. The incoming workforce was raised by Gen X.
You think an entire generation raised by Gen Xers, the most cynical generation ever, that they were going to produce a population of good little workers who don't question authority and politely take being used?

Juuuuust let that sink in. A workforce raised by Gen X folks being managed by a generation raised by boomers.

Yeahhhh good luck with that.

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Post ID: @cjr+1iLIYkxp

H1-B are highly qualified, competitive and properly priced.

Sponsor H1-B brings 7 new jobs according to Microsoft and Facebook research.

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Post ID: @hcj+1iLIYkxp

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