Thread regarding Bank of New York Mellon Corp. layoffs

Redundancy payment in UK

What is the standard discretionary redundancy payment BNY Mellon gives UK employees (on top of statutory payment)?

Please don’t comment if you don’t know the answer / just being unhelpful. Thanks

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| 6731 views | | 2 replies (last April 15, 2024) | Reply
Post ID: @OP+1rX5OYOZ

2 replies (most recent on top)

I don’t know don’t know. Sorry for being redundant redundant

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Post ID: @6daq+1rX5OYOZ

Two weeks per year, years service rounded up.
Min payment used to be 6 weeks and max 52 weeks

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Post ID: @kqv+1rX5OYOZ

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