Employees missed the benefit of a very strong market throughout the year on the matched portion of their contributions. Remember that BK reduced and then eliminated the pension, and offered the 401K as way to save money while still providing some for... — read more 

Does anyone have the salary band for grade J in Manchester, UK. I am on 40K and I'm presuming that must be low for the band. If so, does having a low salary in the band compared to your team members reduce the risk you will be let go or not make... — read more 

Do you predict that there will be Bank of New York Mellon layoffs? Any chatter, news or rumors?

When are the raises communicated and when is the date effective?

Is it true that eventually BNY will move most tech jobs to Florida/India? Will there be many more layoffs coming?

Employees were right all along. https://fortune.com/2023/12/26/return-to-office-mandates-no-productivity-impact-experts-predict/?itm_source=parsely-api

Sorry if this has been asked before. But when will we see the company match in our 401k account?

https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm

Everyone should prepare. If you’re not in the inner circle of GS and JPM you’re out.

I'm betting you that next year we'll see even more layoffs. The management has now figured out they can improve numbers without trying too hard by cutting employees. Considering they are incapable of getting better results the usual way, they'll keep... — read more 

How do you know if you have met, exceeded, or fallen below expectations. I'm finding the format of the review confusing.

Heard of some Pershing director level layoffs or “year end retirements” today. Can anyone confirm ?

Did everyone get VIP recognition emails today?

Wouldn't many of you be much happier to find a job somewhere else? This is an honest question. If I hated this place as much as some of you do, I wouldn't be here anymore.

Anybody know the day/week managers will communicate bonus?

Can someone please share this information if you have it?

Oct 25 was the last date to communicate the Year End review/rating to team members and Dec 15 was the last date to submit and close it by team managers but neither it is communicated not submitted. Is this normal here? After doing soo much of work on... — read more 

Hello, I was wondering if there are any rumors about layoffs in KYC? I sort of wonder if my manager might have hinted at that recently. I am based in the U.S. Although, since KYC is the first line of defense, it seems to me that it would be more... — read more 

What is with Wealth Management? Hearing rumors there was a big quit in their Tampa office now.

So much for a soft landing: Nearly 40% of companies are still expecting layoffs in 2024 2023 saw the job market slow as well as the rise of the “quiet job cut” (counterpart to quiet quitting). And now, as 2024 rolls in, business leaders are... — read more 

So my job was "eliminated" a few years ago just as I turned 55. I had a couple million in my 401(k) so I decided to not quit the hustle and bustle and was living off savings the last few years while I converted some of my 401(k) to the ROTH 401(k)... — read more 

What a clown of a department

Hi, if I get let go in dec-January do we still get our bonus for 2023 since you worked the whole year?

Has anyone heard anything about layoffs on December 18th?

How Hard is it to get promoted at the end of the year? Is it typically performance based or decided by Senior managers?

Is it February still?

Whenever there is a negative comment - immediately someone pops up with an positive comment without any real content. Just like glassdoor this forum is becoming time waste.

https://finance.yahoo.com/news/bny-mellon-expand-presence-lake-135900252.html Our "leaders" are going to spend tens of thousands of dollars to lay off an employee in Syracuse or Pittsburgh and tens of thousands more to find a replacement in FL just... — read more 

Are newer hires eligible to receive severance during layoffs? People who have been here for under six months? I left a good job to come to BNY Mellon but with the constant threat of layoffs, I'm thinking I made a mistake. I hope that I'm entitled to... — read more 

I worked my a** off this year and received a met expectation. Anyone else have a similar situation?

Are we next for another round? Seems like they are ramping up their Indian operations.

It’s business. You all know that. We’re a bank and attempting to be a technology company. Kinda weird right. The dude came from GS. He’s here to make an impression, clear the fat, make it lean, pump the stock, and then after all that move on to... — read more 

With the minimum wage increase, does anyone know how the salary bands shift for each grade level? No need for sarcasm, I know it's probably not that big of a shift but I'm still curious where I land.

Heard that the original merit increase/bonus pools were bad (20% less than prior year) but managers submitted them many weeks ago. Then the already bad pools had 40% taken away and managers had to resubmit. Now hearing whispers that they have been... — read more 

If you place an order for a new headset, webcam, keyboard, laptop, anything, really, BNYM will fulfill it, but they'll pass the tax onto you and you'll see a line item in your pay check that shows the taxes you owed. So far this is only for... — read more 

So many nondeserving promotions, simply an amazing place.

Is anybody else so overworked that they're just waiting for the day they're going to snap, say "fu-k it," and quit?

On the homepage, there is a link to iin- office exception reporting. Within that page it talks of tracking whether or not you’re in office via in-office connectivity. Also claims they are not tracking hours connected….. just whether you connected in... — read more 

Even when we're fairly certain there won't be layoffs in the next few weeks or a month I can't fully relax. All I do is stress over it. I think things have gotten so bad that even in the few calm moments we get, the prospect of what we know will come... — read more