Thread regarding Bank of New York Mellon Corp. layoffs

Rehire

Has anyone who was part of a RIF been rehired in a new area/different role? If so, did you return at a higher, lower or equivalent grade?

by
| 78625 views | | 10 replies (last October 23, 2023) | Reply
Post ID: @OP+1oTVRtMx

10 replies (most recent on top)

@1jny

It’s not. Even ObamaCare, an extension of Medicaid, is better than buying into the BNYM pool. After all that you’ve seen here it’s surprising that you would even consider paying for the BONYCare.

by
| | Reply
Post ID: @ltak+1oTVRtMx

I won’t give anyone advice on how to come back. I’ve given advice here on how to get out however.

by
| | Reply
Post ID: @inbp+1oTVRtMx

@1jny

The retiree medical group rate/plan that you are eligible for after ten years of service was cut long ago in the 6th Pension cut by BONY.

I’ve always loved the way that the lawyers handled that one in the document.

Email was about pension cuts and included a blurb that was titled “Employee Retirement Healthcare coverage” and it read ” “Retirees are allowed to join the retiree Medical Plan at the Bank’s rate.

Isn’t that a devilish statement?

You’re better off with Healthcare.gov (ObamaCare). I can picture the lawyers high fiving after writing that gem.

by
| | Reply
Post ID: @4vqo+1oTVRtMx

I was offered a new position at BNYM with a salary higher than when I was making previously but turned it down. I received another offer at a different company at the same time and took it.

BTW WTF is a RIF?

by
| | Reply
Post ID: @3pze+1oTVRtMx

@1kef…there is also some sort of retiree medical group rate/plan that you are eligible for after ten years of service. It isn’t free, but may be better than the open market.

by
| | Reply
Post ID: @1jny+1oTVRtMx

@1abx - what pension would that be?

by
| | Reply
Post ID: @1sno+1oTVRtMx

@1kef for better pension benefits.

by
| | Reply
Post ID: @1abx+1oTVRtMx

Why would someone even attempt this?
——-

I needed this. Made me laugh. :)

by
| | Reply
Post ID: @1wjh+1oTVRtMx

It doesn’t happen often but people do come back.

by
| | Reply
Post ID: @1gtx+1oTVRtMx

Why would someone even attempt this?

by
| | Reply
Post ID: @1kef+1oTVRtMx

Post a reply

: