I am interested in whether these will be performance related layoffs or not.

Why didn't the bank offer a voluntary option before layoffs? Judging by this forum, there would be more than enough people for whatever number they have in mind. That would spare some people a mountain of pain and make others extremely happy. Why not... — read more 

Subject says it all. Give your up or downvotes accordingly y’all. Let’s see which direction those votes go.

From what I have heard, it’s going to be a bad day for a lot of people. Whatever your desired outcome is, good luck.

In my experience the absolute worst group to enter/engage in the workforce, possibly ever. They take time off often for lame reasons, believe YOU as a manager OWE them high wages, out-of-sight bonuses, and annual promotions. They have little... — read more 

Anyone else get asked to sign an employee retention contract around October? With the promise of a bonus of 10% of your annual salary. Came with a bunch of stipulations and clauses that would allow them to reduce the amount or cancel the agreement... — read more 

Timing is not ideal because it’s impossible for the Company to predict how many people plan on leaving with their bonus clears but they are required to rightsize the workforce before that occurs (early March). So, that is what creates risk for... — read more 

Am I correct in assuming that I need to wait until I actually receive my bonus before putting in my resignation? Am I in any danger of having it clawed back if I give my resignation in March 1st?

Apparently we now have to supply our own office supplies? Can’t find pencils. Tablets, sticky notes, etc.

Of course there are still many knowledgeable people here, not all of them have left, but it is unquestionable that this is becoming a place for mediocrity. Is it possible to make a comparison of workplace competencies a few years ago and now?... — read more 

When is it due?

This management has ruined this company so much that the entire organization has turned toxic. I get the feeling that everyone hates each other, and there is zero sense of community. People treat each other like they're disposable and not human... — read more 

GS our real boss is ending free coffee. Undoubtably BNYMELLON will follow the leader, after all we’re getting 10 shares and should be all for eliminating these expensive perks B/T/W gif those who questioned TB. It came about after a town hall where... — read more 

I agree that more or less everyone here is replaceable, we are just a number here, but it is not true that there aren't those who've made themselves almost indispensable. They are relatively few in number, but there are such examples. Have you... — read more 

There is always somebody cheaper. Every company is looking for a way to cut costs. No matter how well you do your job, they'll find someone who can do it for less money, and they won't care about the quality of their work. So don't be surprised if... — read more 

Can anyone actually confirm layoffs next week? Please only comment if you know or you actually get RIF'd.

I've been through a lot of ups and downs here and I don't think I've ever had a worse time here than now. Do you remember any periods in the past when there was more tension and stress than now or when there were fewer reasons to stay?

If they meant to keep good employees with the change to the 401K plan, I think that plan will backfire. This could even encourage those who were thinking of staying here for a while to leave as soon as possible. Have you started sending... — read more 

Basically, some of us will make it out alive 'working' at bny mellon. While, others will not. I assume that the best approach is to reduce our 401k matching to the minimal. Is it 2% the minimal contribution to our wage/salary is the lowest that we... — read more 

I would say I hope the next one will be better, but this place has made me a jaded pessimist. I only expect the worst these days since that's what I've been getting for years.

I've been thinking about all of you, and I wanted to send my prayers. I know a lot is going on right now, but it's important to remember that there is life outside of BNYM. A very good one, at that. I just want to throw out there that everyone... — read more 

I am new to the world of finance and could use some guidance from those of you who understand the game much better than I. Is contributing toward's the ESPP worthwhile, and if so- what percentage of your paycheck is good to invest? Any insight is... — read more 

Anyone know when numbers are to be announced and paid out?

Remember, any raise less than seven percent is a pay cut.

I’ve seen some of the most talented system architects give up out of frustration with BNY politics. Many in senior management are threatened by people they realize have better ideas than they do. It’s hard to imagine more corporate self-defeating... — read more 

If laid off, where would you start your search for a new job? I'm considering leaving the banking sector completely. Everywhere I look, it's the same cr-p, just packaged differently. I'm thinking of trying to join a much smaller bank or just look... — read more 

All those new groups of people who do what, exactly? The senior hires with fat pay packages? The people being paid Silicon Valley start up wages to reduce fax volumes? A crypto platform that nobody wanted or needed, rolled out at the very moment that... — read more 

My goal is to be displaced with the package and if not I’ll retire. Either way I’m at peace with the upcoming year.

I'm not asking those lucky ones who have it made here, but those who have to deal with the company's toxic culture on daily bases. Those who, like myself, hate their jobs due to an awful manager, unrealistic expectations, and no chance of... — read more 

Hi, does anyone know the salary band for a J Grade (Manager) role in Manchester, UK.

It will most likely happen next month. What are you doing to prepare in case you are affected? I have tightened the belt in the last few months and plan to continue saving as much as I can. I have also started networking just to feel out the... — read more 

Anybody else tired of the canned hollow holiday wishes from the executives? They all mention supporting or RTO & other propaganda.

Does anyone have it? Also, do salary bands differ for division? I know a very old copy I have shows everything the same except IM.

Anyone have any insight into partial expectations as it compares to below expectations? Are those ranked partial still getting a bonus/raise? I'm wondering the same. I would appreciate it if someone could answer these questions.

What’s the deal if we can’t make it into the office a minimum 2 days a week on certain weeks? I can’t get a consistent response on this… I typically am in the office the mandatory 2 or 3 days a week but on rare occasions I need to hang back and work... — read more 

Newcomer to BNY here . Anyone knows when is comp announcement and the actual pay day? I ask because I am getting very jittery. Thank you all!

Also- what’s the hold up on getting our reviews back? I’ve heard they’ve been pushed to January now.

They piloted this with Columbus Day And Veterans Day, but now they plan to implement this for Christmas, Memorial Day, Thanksgiving, etc. you’re probably thinking, “just use floating holidays there”, but nope. The expectation is that most teams will... — read more 

Instead of them just keep piling more work on us, maybe the management should finally pay some attention to resource planning. It is impossible to overwhelm employees this much and expect them not to leave. I don't think of myself as someone... — read more