Duration of payments will be based on some sort of seniority assessment. Maximum will be 12 weeks for MDs and above. Don’t know about the lower ranks, but it will be less. Brutal.

I think most people will remark about how far this company has gone downhill and how it feels like a more antiquated company compared to its peer in the industry. But every year there are hundreds of posts on LinkedIn celebrating BNYM's next batch... — read more 

Advice?

Everyone here says that BNY Mellon should get rid of inefficient layers of management. I agree, but what is the probability that it will ever actually happen? I think chances are minimal.

https://www.financial-planning.com/list/first-republic-takeover-causes-pershings-q2-outflow

LOL

Most companies I have been at clearly state the company’s bonus structure for employees. For example level A 10-15% bonus potential Level B 15-20% potential etc. Does anyone know if there is something like that at BNYM? Does a “Director - level M”... — read more 

WHAT IS HAPPENING TO OUR STOCK TODAY? ANY NEWS?

Can any manager or director weigh-in on how upper mgt demands these ratings? What do they really mean and are they an effort to avoid severance pay?

I'm wondering if anyone here has enough time to rest and spend quality time with their family before returning to work? This job has changed me in a way that I don't like. As a result of working here, I'm constantly under stress and without... — read more 

Get your office swipes in! Hopefully you have enough work allocated to you, at least on paper.

I read about title changes effective in July. Does anyone know how long you have to been in your current position to move up to next level. My last grade/title change came after 3 years. They said it wasn’t performance based but I was due for title... — read more 

It's funny how poorly managed the company is. Middle managers seem to just like to flex their muscles and continually interrupt us with their demands. They tell us to act like owners but expect us to blindly do exactly what we're told instead of... — read more 

Why do they want us to come back into the office when the PGH office is so sh-t. Downtown is a-s too as well. What is the point? People are more productive at home anyway. And tbh why would anyone work for at PGH? There are like no exit ops and there... — read more 

I have no explanation other than BNY Mellon trying to motivate people to leave. I'm wondering if you asked about sub pay (in case you didn't receive it) and what were you told?

There have been a few posts mentioning this without specifics. Is anyone aware of the bank not offering 2 weeks per year for those laid off? Are there any extenuating circumstances such as failure to return to the office. What about health... — read more 

5 years = 1 extra vacation day 10 years = 1 extra vacation day 15 years = 1 extra vacation day 20 years = extra week of vacation 24 years = below expectations rating 25 years = pink slip w/ no sub pay!

It's becoming really annoying. I get the feeling that the manager is always looking over my shoulders and it is not a very stimulating environment to work in. What surprises me is that they never seem to stop finding new ways to micromanage even... — read more 

Does anyone have information on them closing the Oriskany office? Have heard lot of rumors, some folks say their managers have confirmed - other managers aren’t saying anything even when asked. Have heard closing in around 9 months and you can try to... — read more 

He invested tens of millions in creating a product that clients don't want and regulators won't permit. Well done, Gru! You truly are the Greatest Showman, minus the talent, intellect and human... — read more 

Unfortunately, I don't think people are exaggerating at all when they call this place a sinking ship. However, is there any hope that things can be fixed? I don't see a way anymore.

I heard the rumor that BNY Mellon is currently tracking IP address and how many hours for each employee spend time in the office based on IP address and badge swipes.

People in WM are flooding the gates. Some offices down to 2 people. Zero hiring. Teams lifting out. Not a word. Keating is a disaster. Missed goals all 5 years, treats people like animals. Still here. Either they are trying to sell it off or running... — read more 

There's roughly 500 people got the boot over the last month from BNY Mellon. Word from middle management is that those that got an average review were to be fired. Those being let go were not offered any opportunities with PIP or related options... — read more 

Could you still put on CV? Or is it fine to keep on (do HR just give the dates?) . Also what’s the process with possible pay? Should you resign before being fired or let them fire!

ESG. ESG. ESG. comical listening to all his BS. & trying to drum up fake excitement about what’s going on in the bank & location strategy & open floor plans.

No high performing, decent organisation still uses the bell curve. It is an out of date, subjective and vindictive process. BNYM is still in the dark ages as far as employee relations despite its platitudes and virtue signalling. I really hope the... — read more 

How is one rewarded for long hours, team player mentality and flexibility? Laid off after the required 2 week vacation, of course. The sad part, I'm not even that upset because I hated what the culture had become. I'm currently seeing if I can... — read more 

I got laid off after a decade of service. Many extra hours. There were never any folks at BNYM who sought to get the company paid for the risk we were taking on. I kept calculating it for them but the salespeople always win. Beyond that the... — read more 

This will be my first year with the bank. Is asking stakeholders to take part in your end of review a legitimate thing, or is it just recommended? Can’t imagine anything worse than that If it’s true.

Only OLD Oriskany reqs are still showing. Is this a sign that this location is on a closure list? You can confirm this ominous fact by checking job postings in Oracle and Eightfold. Anyone knows why?

For those that have had conversations with managers on mid year reviews, has your manager discussed compliance with RTO policy?

" Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial." Looks like... — read more 

Who is ready for some propaganda?!?!

I'm tired of this place. What happened to professionalism here? I am surrounded by mediocrities that no one knows exactly how they got promoted.

Any more offices, closing or moving?

We have to buy our own office supplies, now do we need to bring TP during water cooler collaboration days? 2 days in a row 2 of the 3 stalls have no TP. This place sucks