So many MDs have job postings on their teams for Director or below that require something like an MBA or CFA, yet these same MDs only have a bachelors. I realize this isn’t specific to BNY but as someone in that network I’ve been seeing so much of... — read more 

Would love to hear from those that left BNYM and went on to other places and found success.

What is the deal with the new titles? Seems like it’s going to combine J and K and o may have one level VP. What does that do to someone who was in line for a promotion from J to K? Will the salary bands change??

I'm a manager in Manchester and I have just been told today that despite what the in office scorecard for flex employees is telling my team, they must start doing 4 days a week from 1st September (despite one week to go of the 4 week period). Seems... — read more 

Hi everyone, has anyone heard any credible updates or timelines regarding potential future layoffs? Just trying to stay informed and plan accordingly. Thanks in advance.

All our job reqs went to Pune very recently with no more hiring locally. We all of a sudden must train brand-new Pune people with zero knowledge (fresh off the streets) to do the work of several veteran subject matter experts? This directive "just... — read more 

Besides unemployment, if you aren't fired (with cause) and are "just" laid off (zero fault of your own-outsourcing; no bad reviews), DO you receive severance? Also- is it one pay per year? Example- I have been here 9 years, so that is 9 pays: right?

I know there are previous posts about your 401k after leaving but I don’t feel like going back to it. i just hit my 3 year mark and plan on leaving for better opportunities come January after the match is locked in. I have about 30k in via and would... — read more 

Something is happening in Cork office, rumours are spreading between departments that office is closing down. Any insights?

Can anyone explain what is happening to the Agile Flex? Is this continuing from September, or these staff being moved to the Flex 4 days office?

Any laioffs this month?

If they offered?

So I work in Everett and we are being told 4 days a week will occur for some time now it's fine I get it. I am on a specific client so I am in a certain secluded area, what I do not get is there is now being asked to return on specific days per... — read more 

I just heard from my friend in Marketing about the crazy bonuses they receive. A SVP last year in pershing marketing got $80,000 bonus and in Wealth Management an associate got $40,000 bonus. I am in wealth tech and my bonus is only $15,000. I am... — read more 

I’m the third person on my team to get booted shortly after turning 50 within the past year. Nothing like being pushed out right when you're supposed to be at your peak.

I have heard from multiple people that some groups are not having to go into the office four days a week in a month. TSG and some folks in TS are exempt. While this is great for them, what the actual F. This place just wants us gone. I won't say... — read more 

I keep hearing that things will get better but it feels like all leadership watches are spreadsheets. Goals keep climbing while pay sits still. I am already looking around because I do not think this place values people over metrics.

I was just laid off this past week. I am 60 and I want to cash out my 401K. Either a check for the full amount or direct deposited, how do I go about obtaining my money? Does it take long?

I work in a back office operation (50K-plus, no bonus, no client facing). If I just up and quit with no notice (other than on the day via letter, per se), there’s nothing they can do, right? What happens if you quit BEFORE using any vacation days? I... — read more 

I'm in a US-based department at BNY. Our Pune counterparts typically return / dump their work on us throughout their shift. Some of us in the US are thinking that Pune employees might have an end-of-day cut-off, or possibly India needs to clear... — read more 

Will i get a bi weekly paycheck on 9/15 and 9/30 If notified that my last day is 8/29 ? Also is Healthcare covered through 9/30?

One after another, all members of Pershing’s technology leadership team were either let go or resigned. Leadership positions have since been taken over by individuals from BNY Wealth and Albridge, many of whom lack a solid understanding of the... — read more 

Couple of people I knew were let go. Some received severance and some did not. One of the guy who was on PIP got no severance. Be careful and document everything. Make sure your boss is happy.

The company has zero loyalty to anyone who’s been here for years.

What a waste of time! A large portion of the people team is remote and will be laid off. Why can’t we ask real questions instead of the pre-programmed questions about AI? Shannon says “we cannot communicate too much”. Yet, when it comes to the... — read more 

Does anyone have info on a new site potentially opening in eastern PA? This new location would create a home for those displaced by the sale of KOP.

I am just amused that they promote free Starbucks coffee as one of the great perks when you work at BNY. The CAO who looks like an ET mentioned in an interview with a magazine that free coffee is where people share ideas. If your employees can be... — read more 

How does this place manage to keep ANY clients?

Notifications of employees impacted in next US separations round will commence on Aug 25 with termination on September 23. There will be additional US separation cycle added this year. Names/roll due October 9. Notification date Nov 3 and last day... — read more 

What is the typical bonus for a software engineer in the US? For example a vp backend engineer making 140k a year, or an associate level QA making 88k a year, or a senior associate full stack engineer making 110k a year. These are just some examples... — read more 

I had received an PIP and my last day was 8/8. My boss had created a UPS label for me to send the laptop back. I had UPS My Choice and was able to get update that label was created for my address by BNY. I am so glad I got that information and used... — read more 

You’d think HR was here to help employees, but it feels more like their real job is keeping the board and execs happy. That's it. That's their only role. When push comes to shove, they don’t protect workers. They just deliver the message and do what... — read more 

And the cuts? They're purely by the numbers. It doesn’t really help if you’re actually the best, because skill and experience come at a cost. Don’t bother standing out with the quality of your work, intentionally or not. That just makes you easier to... — read more 

Why does it seem that Treasury Services in Pittsburgh are flying by the seat of their pants everyday? They seem to lack leadership, expectation, and value.

I have noticed BNY has an internal agency for contract employment. I applied for a handful of BNY contractor roles, thinking these may be better than staff positions, and I have noticed each position I applied for is now "ON HOLD." Is BNY currently... — read more 

How true is it that the bank is forced ranking employees? I see this as unhealthy; it leads to backstabbing and people not being productive out of fear. I also think it will lead to sabotage from other members of your team. Is the bank really that... — read more 

What is BNY policy on workplace relationships? Family members and / or romantic. I've heard as long as the two parties do not share the same home mailing address, they can work in the same department with no issues. I've also heard as long as... — read more 

I am curious about a situation I recently experienced. A few months ago, my management staff placed me on a Performance Improvement Plan. During our initial meeting, there was no discussion regarding specific actions I could take to enhance my... — read more 

I have never gotten a negative review in my career. While there have been bumps here and there, everything seemed lined up for at least a “Meets Expectations” midyear. I ended up getting tracking below expectations with very vague reasons as to why... — read more 

This seems like a clear move to lay off more people especially at the VP level