Thread regarding Bank of New York Mellon Corp. layoffs

Salary Raises

What are people expecting for raises? Standard is 3%

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| 81466 views | | 19 replies (last October 18, 2023) | Reply
Post ID: @OP+1oUWWg4T

19 replies (most recent on top)

Raise will be .008%

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Post ID: @fsbh+1oUWWg4T
  1. 8%
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Post ID: @8umz+1oUWWg4T

Financial Services Union.

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Post ID: @7dka+1oUWWg4T

@1lzz+1oUWWg4T

Your manager is lying to you. They have the ability to give others less so everyone can get a raise

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Post ID: @7kpi+1oUWWg4T

@2dxc

Don’t get your hopes up Roman…

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Post ID: @3qjy+1oUWWg4T

The standard raise has never been as high as 3%. Never.

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Post ID: @3rji+1oUWWg4T

I got a 16.5% raise in NYC last year, hoping for a promotion this year

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Post ID: @2dxc+1oUWWg4T

@1opr+1oUWWg4T - mine was great after getting bumped a lot last year. Must be a reason why you seem to think it was a joke after you say you got a big adjustment

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Post ID: @2mcs+1oUWWg4T

I wouldn't even consider the 2023 merit increases for Oriskany, as true increases!! They gave everyone different increases (5%-12% depending on current salary) to bump them up to be what local competitors in the area were paying!! They did this in the past but they notified everyone first. At that time, they raised their minimum wage rate, bumped everyone up to that rate, which was the same rate as new hires were going to be making as well! It was a huge slap in the face to the people who have been here 10, 15+ years!! Then this year, they tried to be sneaky about it by making us think that we were getting a huge increase!! 2023 merit increases were a joke!!!!

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Post ID: @1opr+1oUWWg4T

Haven't gotten a raise in years.
Always told not enough money to go around.
Why bother to even try anymore.
Pot is bigger RV

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Post ID: @1lzz+1oUWWg4T

Last year was 3.5 after a few years of 2.5s and 2.

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Post ID: @reg+1oUWWg4T

I worked at BNYM for nine years and twice I got a raise in the 2% range: 2 and 2.2 percent. Every other raise was 1.5 to 1.9. Not the only reason, but certainly contributed to why I quit.

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Post ID: @nna+1oUWWg4T

Your raise was spent on the 17th floor at 240G.

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Post ID: @uiw+1oUWWg4T

What's a raise?

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Post ID: @qjd+1oUWWg4T

What department do you work for that gives 3% raises. Last year I finally saw a percentage increase that started with a 2 -- and it wasn't much above 2.0. But after years of increases below 2%, it was quite a surprise. If they give us any more, they wouldn't be able to afford that 20% raise that Robin got -- or all those new hires with titles beginning with the word "Chief".

Unionize sounds like a good idea except that would just expedite moving the rest of the jobs overseas.

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Post ID: @oor+1oUWWg4T

I expect paying the bank - haven’t seen anything close to 3% in a long time and with inflation I’m pretty sure I’m right. Unfortunately I think the only way to get any say in this - we need to unionize for the small guys on the block :)

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Post ID: @brh+1oUWWg4T

I only received 2.9 once and that was after being rated exceeds three years in a row.

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Post ID: @sdm+1oUWWg4T

3% ….usually rate is around 2% or less. One of the main reasons it’s so hard to hold on to talent.

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Post ID: @rxd+1oUWWg4T

3%?
when/where/how/who?

BNYM is the land of sub-2% raises.

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Post ID: @ywv+1oUWWg4T

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