U.S. based Job Grade Level: I Current salary 72K Merit increase 3% Bonus 12K Just trying to add clarity for everyone concerned what we can expect raises to look like.
Leaving after bonus
Does anyone know if we leave within the next 30 to 45 days do we have to repay the bonus? I'm done with this place....
Bonus comp time
Are there bands for Level with regard to incentive ? Meaning if I am promoted from a K to L and I am meeting/exceeding expectations. Should I expect to get double my incentive if all things are equal ? Also do many people get RSU ?
Developer experience - Jason Valentino
What have this guy achieved past 2 years? Seems like a money grab position
Thank you
Just wanted to say thank you to everyone, except the trolls, for making me feel more sane and less alone. I worked at BNY for a year. A few months in, after only positive feedback, my manager suddenly told me that I was not meeting expectations. When... — read more
Compensation Day, wooo hooo
Met expectations = Flat incentive and no merit. What a joke of a place this become. 👌
Earnings results great, raises/bonuses low
Earnings came out today. They made record profits but I’m hearing increases will be very low.
I have exceptionally toxic manager
I would like to change the team, but I think they would block me. Simply as a power play. They are well aware of my dislike for them, and the feeling is mutual. Wouldn’t they prefer me to be gone elsewhere? But that would require someone rational and... — read more
Site Closures
Has anyone heard anything about which sites will be closed next?
When do the annual January layoffs start?
In prior years they are done by now.
Do companies even look at the RTO fallout analyses?
They copy each other, and have been implementing the RTO as if it’s the smartest move in the world. In the meantime, all data points to it being a failed policy. First and foremost, it makes talent leave in droves. The only ‘success’ of the RTO is... — read more
JPMC going back to full 5 days in March…
JPM Chase now mandating a return to the office five days a week starting March 2025. How long before RV and his servile toadies follow suit?
I came on board recently
And here I am, already thinking of leaving. This is my third bank, and it’s almost comical how the same issues repeat everywhere: passive-aggressive management, pressure to perform, unrealistic expectations, tedious processes, toxic work environment... — read more
How do they announce office closures?
Just wondering how, historically they have announced office closures? Do they do a full office town hall and tell people in person, do they send an email etc.
Every new manager is worse than the last
We get a new manager every six months on average (which is a problem in itself), and each one is somehow worse than the one before. We're now on our fourth manager in two years, and it’s starting to feel like the only qualification for the position... — read more
Questions
Anyone released in Jan 25. Did you receive 2 weeks per year? When released, are you allowed to leave 401K with BNY and manage through Voya?
Bonus
What is the typical bonus range for a Sr. Vice President (L grade) from technology based out of NYC?
Post getting deleted
Several posts on here that aren’t offensive and highlighting some key gaps are getting deleted? How’s it happening? Is someone from BNY HR stalking this board?
Annual Review/Bonus/Merit
Question regarding the annual bonus. I was hired at the end of 2023 as a Letter G (hourly, non-salaried role, eligible for overtime), and my offer letter mentioned that I qualify for an annual bonus, typically around 10% of my pay. During the 2023... — read more
Post Layoff support
Does HR give enough details about state employment claim process or we have to do all the research? Same question on the SUB. How was that process? Too complex to follow or pretty straightforward? Can we continue to contribute to 401K and HSA during... — read more
Richard Gordon leaving?
Rumors of head of ops leaving BNY as stock price not going up as aspired even with the 800 plan reduction of staff this year and 1.2k next year.....
D.E.I. Going Forward.
When will BNY wake up and realise that promoting D.E.I., is not the correct path for success?
401k match
Does anyone know the date for the 401k match? March 31? I guess we can expect the 10% Wave 3 layoffs to happen before that so they don’t have to pay.
Almost no opportunities to progress the career
Even if you play office politics and su-k up to the managers. We are not seen anymore as human capital and nobody cares to develop employees’ potential. We're expected to stay for a couple of years, get squeezed for all we're worth, and then be sent... — read more
Bonus Pay Month
Does anyone know what month we will get our bonus in 2025?
Quick Survey
What do you predict that BNY will take away from us employees this year (other than our dignity, of course)?
edinburgh is closing?
will we be able to work remote if we are high performers?
Blocked promotions
Anyone else in mgmt seeing senior leaders blocking you from promoting staff? Im seriously about to walk away from this sh-t hole. Been holding out solely cause of my pay but this is beyond disgusting . Then we’re also dealing with them not letting us... — read more
Looks like we’re heading toward full RTO sooner or later
Almost everybody has been implementing the mandate. So we must too. I mean, if everybody else is doing it, it surely must be a great idea. It doesn't matter how many examples exist showing RTO has failed. Crowded offices, decreased productivity... — read more
C.K "retires " or was pushed out ?
was this one of many anticipated layoffs
Employees 4 days a week incoming in March or April
Just putting this in here since no announcement ahead of time is planned. To my knowledge, this will be Treasury Services wide. Not sure about other sides of the bank. Highly disappointing since it’ll feel like a rat race to get a seat in the office... — read more
The strangest job I’ve ever had
I’m a VP level, individual contributor, working for a global team but the only one in my time zone. I’ve been coffee badging for a long time and working the 3 hours a day when the rest of the team is online but outside those hours I simply relax at... — read more
If you're not in management, is having a LinkedIn profile even useful? I don’t have any social media, but now I’m starting to wonder if my refusal to create a LinkedIn account is hindering my future prospects in some way. I often see it mentioned in... — read more
JPMorgan Plans a Five-Day Return-to-Office Policy
https://www.bloomberg.com/news/newsletters/2025-01-07/jpmorgan-is-planning-a-five-day-return-to-office-policy
Raise / Bonus
Anyone know if raise/bonus pools are up, down or flat? There’s been no office talk which is weird.
RTO Information
There HAS to be people that come to this platform and HAVE information in regards the RTO “mandatory hours requirements”. Can someone just spill the beans for the sake of all the employees and do us a favor and tell us straight up if we should be... — read more
Exceeds/Met Expectations/Partial Meets
Can someone clear up the rumors if directors/managers truly do have a meeting and talk about all the employees in the department and decide as a “group” which employee is getting exceeds expectations/met expectations/partially met expectations... — read more
Annual Review - No meeting and no review by mgr
It is to my understanding that managers are supposed to submit their feedback on our annual review on/by 12/20/2024 and also scheduled a 1x1 meeting to go over it. As of today 1/7/2025, my manager has not submitted her review feedback nor scheduled... — read more
Got laid off/rated low performance by new manager
My previous managers rated me expectation and my duties never really changed No severance Terrible place that doesn’t give a sh-t and is hiring more people from Pune everyday
We’re over hiring
Headcount can be cut for another 20%.