Thread regarding Bank of New York Mellon Corp. layoffs

Pay cuts coming

Remember, any raise less than seven percent is a pay cut.

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| 22267 views | | 15 replies (last January 12, 2023) | Reply
Post ID: @OP+1kq1mpM1

15 replies (most recent on top)

Just so self absorbed, inwards looking and delusional.

Inflation as a pay cut LOL. Time to learn the life lesson of budgeting. Your parents will be happy to see your newfound self reliance… and in a few years you will as well.

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Post ID: @ekuw+1kq1mpM1

RTO as a pay cut. These millennials really are a hoot. So entitled, so special, so unprepared for adulthood.

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Post ID: @egur+1kq1mpM1

You cant expect BNYM to cover for the id--t in the White House

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Post ID: @bitk+1kq1mpM1

Ok, Boomers.

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Post ID: @8shi+1kq1mpM1

@2bvg

I would hold 30s, pushing 14.

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Post ID: @8jku+1kq1mpM1

@2bvg

Nobody likes to work for a living. Unfortunately that’s how it’s always been done in the past, going back to the beginnings of history. Understood that it’s hard to learn this lesson in your mid 30s.

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Post ID: @3zim+1kq1mpM1

Apparently Arrested Development isn’t just a band…

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Post ID: @2mir+1kq1mpM1

A coddled generation learning life lessons 2 decades later than any other.

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Post ID: @2xpy+1kq1mpM1

Ugh, Millennials ARE adults. We are in our 30s, pushing 40. We just don't like the way things were done in the past and are trying to make life a little more enjoyable. Take a chill pill old timer.

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Post ID: @2bvg+1kq1mpM1

Perhaps we could award participation trophies for those honoring RTO?

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Post ID: @1tiz+1kq1mpM1

@1ctf

Who gaslighted you and how? Did they actually ask you to come to work or something? The sheer fragility of the millennial mind doesn’t bode well for their futures. Stunningly unprepared for adult lives.

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Post ID: @1wjo+1kq1mpM1

@jyf

Factor in RTO as a pay cut? This would be great as stand up comedy but I think that you are believing it?

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Post ID: @1psd+1kq1mpM1

@OP

Millennials, a raise that is less than inflation isn’t a pay cut. The bank has increased costs just as you do. Google 1980 stagflation, even and odd gas rationing days, 20% interest rates 100% inflation (I.e. value of a dollar cut to 50 cents) in a decade. And Oh… I forgot, … 20% mortgage interest rates..

You want to resolve it? Talk to the man in the mirror, get educated & Vote better.

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Post ID: @1dsl+1kq1mpM1

@jyf that's exactly what they did. They handed me a 0% raise and fed me something about how they invested in WFH technology. Then the next year it was 4% in the midst of 8% inflation, plus RTO. And a story about how I should be grateful because I got a better raise than others. So I left, I'm not going to tolerate cheapness and gaslighting.

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Post ID: @1ctf+1kq1mpM1

Also factor in RTO as a pay cut in general. That logic may appear to have some flaws, but I wouldn't rule out that raises were miniscule/nonexistent in 2021 and they probably used that as a justification to not give as much. "Hey guys the economy was rough this year because of COVID so merit increase is 0%, but at least you saved thousands on not having to commute!"

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Post ID: @jyf+1kq1mpM1

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