Everyone should ask their manager to tell the manager's manager to get the message to an EC member that 2% or less raises next year are not acceptable. If everyone makes a stink about 2% or less raises, then hopefully the raises next year will be higher.
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You can always add it to your peakon survey, maybe as a response to every single question. Still won’t change it. There is no room for a meaningful comp change unless you leave for someplace else. Otherwise it is 2%. And Mellon raises at 6 and 7 percent? Wow.
I worked at Mellon when we got great raises, 6 or 7%. Ever since the merger in 2008 (I believe) raises were always been 2% or lower in every group I worked in.
Sorry but existing employees dont get sh-t while they bring in outsiders with no experience making 60-70k to start when sr admins dont even make that yet. Good luck with that
I'd be delighted with 2%. I've got 0% last three years
You must be here all of a week.
Yeah like any manager would pass that along……
Ha! Great post. I will save it. Save money and play the lottery. No next year in this market for banking unless you speak Hindi or work at a dying branch office with no drive thru
OMG hahahahahhaha.
Thanks for the laugh junior. And they already have a canned response to this:
‘Be thankful you have a position here. You can be replaced. You want more salary? Work harder or outside BNY’