I remember when I was laid off as a young man working in a completely different industry, and it was a major blow. But one thing I learned is that the job market is constantly changing and evolving, and you have to make sure you are adaptable to keep... — read more 

No problem here. Rock solid stick price same as 20 years ago

WM has always been a good spot to be out of all the hot garbage departments. But the current CEO has continued to run it into the ground. Our competitors are thriving, we are losing. Someone must have faith in her!? WM is littered with leadership by... — read more 

Silicon Valley Bank Collapses, Biggest Banking Failure Since 2008.Get ready for news on Monday Silicon Valley Bank, known for lending money to some of the biggest technology startups, collapsed on Friday sending investors and depositors into a... — read more 

Crypto… SVB …. Who’s next?? Welcome to the Tsunami

Its starting 4/13. Will be less than Jan. No word on impacted groups, HR finalizes list 4/12

Horrible leadership...internal promotions of 20+ year vets...accepting mediocrity...convincing us there is a culture...no communication...RSUs and CAKE!!!!! Connected.

BNYM is a low cost provider so their best chance is to win as much business as they can and build scale that way. The problem is that they’ve gotten too top heavy and are now in a situation in which they have to increase fees a lot and possibly... — read more 

Stop doing the bank any favors. Do your job, make sure YOUR tasks are all completed and everything else can wait. I feel sorry for those of you who are breaking their backs and for what? BNYM doesn't care about you and will get rid of you the first... — read more 

That’s the only product that has any scale. Accounting services, Transfer Agency, Outsourcing, and D&A are underwater for most clients. BNYM I don’t think will be acquired, but I would anticipate relinquishing a few products would affect thousands of... — read more 

I'm tired of people telling me to be happy and grateful I still have a job when so many people were laid off in the past several months. I don't feel particularly happy working for BNY Mellon at this point. Due to cuts, I have to do twice as much... — read more 

Hey all you “owners” looks like your $590 is now worth $500. We’ll done

All 3 CEO, CFO and CAO in EC committee are now from Goldman Sachs to form a Trinity in the Bank. Now is the time to strike a deal with GS as all the Stars and planetary position are in place. Now is the time to auction and sell the Bank. Let the... — read more 

Frosting a bit too sweet though

Does anyone know whether due to rules of certain countries BNYM has a phased retirement policy in any country? Meaning once someone reaches retirement age they can step down the number of days a week they work for a few years, while maintaining... — read more 

The UK Pension Consultation was extended regarding reducing the non-contributory amount from 12% to 9%. The changes were initially expected to take effect from 1st April, does anyone have any updates? Will this take effect as initially planned or... — read more 

major changes in pipelines, some of it is driven by the regulatory landscape, other with a desire to modernize the infrastructure, both at bank and industry level, wouldn't be surprised if when all said and done, 20% of staff is axed. The settlement... — read more 

10 RSUs not cashable until 2026? Not sure that'll be enough to make me act like a CEO. With 10,000 shares , I would maybe start thinking about it.

https://www.bloomberg.com/news/articles/1998-05-03/a-bid-for-mellon-bank-may-get-nasty?leadSource=uverify wall The sole mistake that Cahouet made was in choosing his successor.

Instead of worrying in advance or trying to rationalize and convince yourself that you are safer than others, rather look for what is offered on the job market. The best antidote to feeling anxiety is taking action and sending resumes. But on the... — read more 

Do vacations and holidays count as in office days? How does this work? Let’s say your on holiday or on vacation 4/5 days of the week how are you coming in twice that week?

I am new to BNYM and so is my manager. My manager did not tell me when we can expect the bonus to be paid as he was not too sure. Is it with the salary on Feb 28?

They charge you an admin fee for keeping your account with them post employement. "If you are not employed by BNY Mellon, you pay Voya’s $25 annual administrative fee. A portion of the fee is deducted from your account on a monthly basis... — read more 

Haha. Just complete nonsense.

I've been given advice not to try to build a career here but to leave as soon as I gain some knowledge and experience. Nowhere is ideal, but I like it here, I love my job, so I find such advice quite depressing. In addition, I know several people who... — read more 

Why are promotions only happening yearly now? I was told during my comp discussion that I am at the top of the list to be promoted next year and that I deserve it, so why didn't I get promoted this year and why do they have to wait a year to promote... — read more 

Heard from internal sources that managers were asked to cut bonuses by more than 50 % for people that were layed off in Jan. This is 2022 bonus where you worked full year and people deserve to get 100 % … this was done even if you got meets or... — read more 

Financial services is cut throat. BK is a for profit company, layoffs come in cycles. Just move on its part of the world. You are not owed anything. Yes, could more be done to ensure people separated are treated fairly for work they completed in a... — read more 

Who is with us?

Has anyone who was laid off received word re: bonus?

Got my BK shares. Worthless garbage

I received the 10 shares bonus? If you can even call it that, but no raise. My rating was half meets and half partially meets. Was given areas of improvement but also praise for being new to the workforce ( just graduated in this past june). Am I... — read more 

The conversation will be as follows: A great year There isn't much 'in the pot' So in summary: The trickle down salary and bonuses mean nothing left by the time it get to you around here! You are not rewarded for work done, its all about... — read more 

Could help

Has anyone who has RSUs with a distribution date of 2/08 seen them in their fidelity trading account yet??

I’ll start. Celebrate 90 new hires 3 weeks after letting so many tenured employees go.

Hi, I have a new boss for this review period. I was given a "partially meets" rating. At the time I was led to believe that this rating would be eligible for a merit increase as there is also a "does not meet" rating. Most of what my review said... — read more 

What a nothingburger that was