Thread regarding Bank of New York Mellon Corp. layoffs

HR/Benefit changes this last year

Can someone let me know if I’m missing anything?

  • A new forced 30 day (+) leave notice period in the U.S. for anyone VP or above
  • they no longer match 401k with each paycheck and make us wait a year (losing out on any dollar cost averaging and if we leave before then, we don’t get it at all)
  • they no longer pay unused vacation when you leave
  • RTO with threat of termination if you come in 59% instead of 60% (without clear guidelines)

I know there’s more that I’m just not remembering or hadn’t heard about

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| 4614 views | | 5 replies (last February 9, 2024) | Reply
Post ID: @OP+1qXxhAeE

5 replies (most recent on top)

The RTO guidelines or mandates - whatever you want to call them - remain a little vague in places (probably by design). But make no mistake, the company is deadly serious about enforcing them. Any violation - purposeful or not, real or imagined - could cost you your job, and even your sub-pay. So be very VERY careful about following the RTO rules to the best of your ability. If necessary, err to the side of being in office more days than you need to be.

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Post ID: @2ndh+1qXxhAeE

You need to worry about being fired if you work remotely like you were hired to do or because they closed the office you were hired to work in.

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Post ID: @sgy+1qXxhAeE

Accrued vacation is no longer paid out if you leave.

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Post ID: @off+1qXxhAeE

Promotions take place on an ANNUAL CYCLE, ONCE A YEAR in the 4th quarter, with promotions taking effect the following year on March 1st.

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Post ID: @bet+1qXxhAeE

I think that about sums it up. I imagine if you took vacation over your accrued amount, they will want you to pay back

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Post ID: @jso+1qXxhAeE

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