Thread regarding Bank of New York Mellon Corp. layoffs

Merit raise and bonus

Do they inform employees of both next week? Anyone find out early? Raises effective March 1? Do they retropay for first 2 months?

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| 3822 views | | 7 replies (last January 12, 2024) | Reply
Post ID: @OP+1qv88uLc

7 replies (most recent on top)

Comp talks are Jan 16-19.

Most countries are a part of the accelerated year end meaning bonus will be paid end of January paycheck. If you get a merit increase, it’s effective March 1st.

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Post ID: @2yto+1qv88uLc

@RV……can I get my 401K match now please?

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Post ID: @1nab+1qv88uLc

Be thankful you still have a job.

F that. Just cause These greedy SOBs, that run this place let people go doesnt mean we didn’t earn/ deserve our bonus & raises. You know robins getting his

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Post ID: @jjm+1qv88uLc

Be thankful you still have a job. For now. Forget about those questions, that should be the least of your worries.

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Post ID: @dxz+1qv88uLc

Anyone know when they can start telling people, think previous years it has been around10/11 February

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Post ID: @zss+1qv88uLc

Raises expected Mar 1st, and you should know about that & Bonus by the 17th. There's no retroactive bonus for the first 2 months of 2024 because your performance hasn't been evaluated for that timeframe. Gotta wait until next year for that.


I'd be more worried about their 401K match which is stubbornly held back until April of the following year to control attrition (and then folks are fired when its convenient). Terrible!

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Post ID: @lgz+1qv88uLc

Retroactive pay? Hahaha. That’s hilarious!! You must be new here.

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Post ID: @szg+1qv88uLc

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