Others may disagree, but my overall impression of BNY Mellon is that it’s all about whom you know here. Connections are more important than skills. Competency is simply not valued enough and it seems to be becoming less and less important. .. — read more
I wonder why grade levels have been removed from postings and search criteria? Why bother posting if you don't have a general idea of salary? Are they retooling grades again? Why are all of my job "matches" irrelevant to my skills and experience?... — read more
I recently read an article that defines a company under bad leadership as that with non-existent results, low morale, interoffice politics, divided team, constant attrition, and the use of fear-based tactics to manage. I missed a few points but... — read more
Is bank about to sell its Corporate Trust business in Europe? Surely if this happens, resources will be free to help other areas. Or perhaps mass cuts?
i just am super curious. do you actually spend your money and donate to the employee funded PAC? it's like hey give us your money ... andddd youre fired.
The HR team is the company's first line of defense from disgruntled employees. If you submit a complaint to HR, it is directed to the Employee Relations team. Someone from that team should schedule a call with you to discuss your complaint. They will... — read more
Seems kinda late this year for making our selections for next year....feels wrong. Major changes coming?
The CEO comments in the earnings press release is laughable. "Our operating margin of 29 percent was essentially flat compared to the third quarter of 2020 while we continued to make significant investments in our PEOPLE, technology, efficiency... — read more
Funny how we have all these "layoffs" yet headcount keeps going up. According to the financial-supplement-3q-2021.pdf: 1st quarter 48,000 2nd quarter 48,800 3rd quarter 48,900
I'm curious to hear thoughts/experiences from anyone that is currently or has previously worked in the Markets Group Line of Business. I'm hearing that while subject to the same Corporate culture as the rest of the company the LOB itself is a much... — read more
Not looking to debate. Just curious when the unvaxxed will have their employment terminated. Any intel?
I know every department is different but probably a dozen people in my area have given their notice in the last 3/4 weeks (including a lot of experience/knowledge) and not a single person was offered a salary match to stay. Pretty much thanks for... — read more
I have to say the bagels in the CSC location were exceptional. Does anyone know where those bagels were sourced? They were the best thing about working at BNY Mellon.
After a week away from this place, I feel like a new man. Nothing has changed within the company, but being away from all the toxicity and politics did wonders for me and my mental health. I'm not sure how long it will take for this feeling to fade... — read more
I find half my day is spent customizing reports to a multitude of different managers that head departments they have less knowledge. They don’t know the clients, they don’t know the people in operations, and they don’t know the products yet these... — read more
No shockers here given all of our brilliant new executives. https://www.reddit.com/r/Superstonk/comments/q50q3j/was_bny_mellon_taken_over_by_goldman_from_the
It's amazing how so many good people have been let go and poor managers continue to survive. As someone else pointed out, these managers are weak. They are afraid. They are "yes" people. Until BNYM hires real LEADERS, it will never be a top... — read more
You all do realize that when they terminate the unvaxxed people there is no sub pay or unemployment right? Make sure you have enough money set aside to hold you over until you find a new job. Stay strong and don’t cave in to the tyranny! For the... — read more
In one of the threads here someone hit the nail on the head by saying that most people refuse to take time off. This is what it looked like the last time I did that: I could hardly wait to take time off - - I finally took time off - - I kept... — read more
Remember, performance reviews start on Thursday. I cannot wait for my Exceeds Expectation rating. (sic)
It's simply unbelievable how bad the computing technology is at this company. The seemingly most simple things at BNYM are so hard, and they keep making it harder every day. Take remote VPN for example. The company uses pulse secure. This is... — read more
I was on Dublin transport network this week. 2 seats in front I could hear a phone conversation...open discussion about consolidation of locations in Ireland. Senior person speaking openly about company strategy in a public place. This is the level... — read more
It’s a strong job market. BNY finds itself with a valued-employee retention problem.
I joined BNY Mellon a year ago and it's nothing like I expected it to be. Minimal training, too high expectations, and lack of direction in my team are just a few things that stand out in my first 12 months here. I'd be looking forward to being laid... — read more
After having to face crazy deadlines several times, this time I decided to give myself a deadline. I have less than three months to find a new job because I do not intend to work at BNY Mellon in 2022. If I can leave even earlier, that will be... — read more
So I just got a letter today that my health insurance ended 9/30 and my COBRA coverage begin date was 10/1, but that I have until 12/5 to enroll. So did it actually begin 10/1? What insurance do I have while it processes?
Nothing further has been said about the date the unvaxxed will be fired. Everyday is a waiting game waiting for the call. I wonder what percent of BNY is vaccinated vs unvaccinated. How many people will be fired? It will work out good for the bank... — read more
I'm glad it was extended but concerned about going back. We seem to be following whatever Wells Fargo is doing. I feel like they're doing this because people are leaving left and right but I am concerned that once everything "settles down" we will... — read more
Does anyone have any details on why some of these applications are approved and some aren't? Is anyone getting any federal benefits for having your job moved to India? https://www.doleta.gov/tradeact/petitioners/taa_search.cfm
Thoughts from those of you fully vaccinated and still got COVId. Interested with how it will play out for RTO seeing they think the vaccinated have a super shield around them
Are we headed back in on 11/1? Or does Todd do the right thing and we head back in next year?
he's a good steady hand for covid but to survive the sl------r you need a nimble ceo that can flow flow between finance and tech the way you put your pants on in the morning seamlessly. i like todd but he's gotta play some offense too. defense is... — read more
After the announcement of the State Street’s BBH acquisition, I wonder if our leadership should've thought more about inorganic growth? Opinions of some close colleagues are divided on whether Mellon should currently add scale to bank through... — read more
No point in trying and certainly no point in giving it your all. We are all seen as replaceable by the management, especially if our pay is on the higher end. There are plenty of people who'd work for significantly less looking for a job right now... — read more
I hope BNYM is your next target and all the obnoxious, self -servant aholes who work for BNYM see how it feels to get their walking papers
Is it just me or is this really one of the most unprofessional workplaces you’ve worked at? I had high expectations before I came here and therefore my disappointment is even greater as it turns out that the small bank I previously worked at was... — read more
Pershing departments has been going through an internal organization reshuffle and it will be interesting to see where people land who gets to stay or gets let go. One thing is Pershing has made a mistake to promote people managers without having... — read more
When a company shows respect for their employees that helps boost employee morale. I don't think people mind working hard but they do mind working hard for free. Who doesn't want to feel like their hard work is being recognised or appreciated??!... — read more
The last time we had layoffs I was disappointed that I wasn't picked. It sounds awful and I know there are people who were laid off who'd give anything to still have their jobs, but that's how I felt at the time. It makes me sad that this bank has... — read more