Is RR finally on his way out? And what about the rest of his “innovative” team?
Drive to replace older workers
They are being careful not to commit anything to writing (for obvious reasons), but the writing is clearly on the wall. RV sees this as a key part of his legacy. It's their prerogative, but they have to tread extremely carefully to avoid age... — read more
Elon Musk - what a clown
He goes on a tirade about how it’s immoral for people to use services that require workers to be in the “office” while at the same time expecting to WFH. If he’s suggesting that workers are treated equitably in working environments then does he... — read more
Left because of RTO
I wonder how many people left because of RTO. I don't think there were many though?? I also wanted to leave but I couldn't find a full remote option that suits me better.
Let go for non compliance to RTO
Does anyone have any info on people being let go for non RTO. From what I'm told they recieved a flat 12 weeks not 2 weeks per year. As I understood non compliance was to effect your performance review negatively 1st. From what I'm told they were... — read more
NYS sick time
Anyone seeing a major issue with this? It’s constantly the same people calling out and even if you know they’re laying on a beach somewhere as long as they say “ I’m sick “ mgmt cannot do anything until they’ve used all 13 allotted days. Meanwhile... — read more
Filling reqs
Anyone else see a major lag with this nonsense? Now they’re trying to save money so are purposely not filling them quickly to save money each money. Makes great for being short staffed with vacations approaching . More genious ideas from up top — read more
Following RTO rules
Just out of curiosity - does it seem to you too that there are lots of people here who do not follow RTO rules?
Robin
RV is wall street guy and his hires. They will never understand BNYM and have no intentions either. They are nit Gerald Hassel,Todd McGuinn,Frank Cahouet. These came up the ranks. Kelley,scharf, now RV will sc--w up big time, getting the golden... — read more
People who don’t know their job
do us all a favor and please leave
The noise
How does anyone up top think in office is beneficial ? I get way more done at home when I don’t have to read an email 5 times because of all the office noise and constant chatter. Some teams don’t stop yapping from the time they get in until the time... — read more
Think like an owner???
If I was an ‘owner’, I’d want a new board of directors and top level. Considering this company is stagnating for decades. Clorox bleach had the same share price as BNYM in August 1999. Both are earth-shakers, but in that time clorox has quadrupled... — read more
Mass layoffs coming
Too many new young people hired. Also leadership from BB. Deposits and stock tanking. Update your resume. FEB will be baaaaad.
Warren Buffet buys Capital One, Dumps BNY Mellon
Source : Investopedia https://www.investopedia.com/warren-buffett-buys-capital-one-dumps-bny-mellon-7498577 It was due to buffet Shares was distributed among all the Employees in February. I took it as a Red Flag and knew this was coming . It makes... — read more
There goes Buffett
Berkshire Hathaway sold it's remaining BK shares. Must be they're sick of watching us try to grow by firing our biggest asset and hiring offshore replacement. Or maybe he's just sick of sitting around waiting for profits to increase like we've been... — read more
They ignore low morale
Our leadership acts as if they are unaware of how low our morale is. How else to explain the fact that in many ways they try to lower morale even further? They obviously don't realize that almost no one is satisfied working here anymore and... — read more
Stop working overtime
As long as the masses continue to run around like a chicken with their head cut off working extra time for nothing- . This treatment will continue.
Perfumes and masks
I really think something needs to be done about people who come to the office doused in copious amounts of perfume/cologne. It gives me headaches and makes me want to pu-e. I'm thinking these people should not be allowed to as--ult their office... — read more
separation with severance
Has anybody successfully orchestrated their exit… Meaning, wanted to get let go, was performing, well, decided to purposefully, not care & therefore work less, resulting in less productivity, and They got let go and got severance I’ve been here... — read more
Opt out of Peakon emails
Has anyone done it? There is a link at the bottom of the emails for “if you no longer wish to receive these emails”
How effective are Roman and his team ?
He posts a lot on Linkedin
The new low
Confirmed - directive from Robyn is to bring on new hires at one job grade lower than current employees in the Pittsburgh region. Current employees will train these new hires then will be let go as part of a cost savings initiative with a mass layoff... — read more
Based at home designation under review
We received an email from our Head that they are currently reviewing folks who are "Based at Home". What does this even mean? Are other department heads sending same emails?
Future beyond control
Perhaps I am exaggerating, but very often I get the feeling that our so-called leadership does not know what it is doing, that is, that they have lost control over the situation here and the future of the bank. That's just my personal impression... — read more
How?
I’m at my wits end with dealing with staff who cannot answer a single question about the job they’ve been doing for years. And yet HR didn’t allow these people to be let go . Zero asset to the team in every level
Is it really so easily possible?
I would like to hear your opinion: if a person gives their best, is dedicated to their work and adds value to the company, is it still possible to end up unfairly marked as "below" expectations? If so, is it possible to prevent it somehow?
Asset servicing meeting this week regarding expenses - as stated in email - all hands on deck
Jeremy dobrick sent out a meeting invite this past thursday for a meeting this week regarding expenses. Typical employees are known as expenses to upper management. Don't forget that there were layoffs in january. I was told by my manager that this... — read more
2 more Banks on the brink of Collapse !
Pacific Western Bank & Western Alliance Bancorporation.Both these Banks are exploring the options of an potential sale after 1st Republic.
TTTTTTHHHHHHHUUUUUUDDDDD
The sound of BNYM stock hitting the floor. Pink sheets here we come
EXCITEMENT
We can add pronouns to teams & now a $20 Uber gift card! What excitement. I feel like an owner!
PIP or go "just make sure they offer the go"
Buckle up it is PIP or go season at BNY Mellon. Coming to an office near you starting now through June. Apparently we don't RIF people anymore, we mark them below to meet a bell curve and then deprive them of a decent severance. Too bad our... — read more
Has any manager discussed reports around in office days?
Do we know what's on these reports and if you are in compliance?
First Republic news
Who didn't see this coming? JPM buying First Republic. Another bad decision by BNYM executives to flood First Republic with money and now all of that is lost. I'm sure JPM appreciates the free money BNYM 'donated' as one of 11 banks that funded them... — read more
Please stop the fake posts and comments.
If you are not an employee, please do not post and comment. If you are, be honest and respectful. From time to time I come to the site to hear from others but fir the last few years it is mostly fake stuff, or talking about people that were here... — read more
He doesn’t “want” us to be a bank that returns to 5 days in office
LOL! You are quite literally the one who dictates that. This just foreshadows in six months he’ll be saying “well I didn’t want to have to do this, like I said, but we must.”
WM CEO blames staff for weak growth
CK visits PGH, literally tells wealth managers that they are the cause of low fee and revenue number because they aren’t using enough BNY products and too focused on protecting client assets. Can someone remind her what being a fiduciary is?! Can... — read more
What locations are being sold or closed?
Any more being closed in New Jersey?