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 Robin is not "Robin Hood" but more the Sheriff of Nottingham.
If you've never been a below expectations don't fall for the PIP; get a lawyer
It’s a last chance to improve performance… not a death knell. Some employees work hard to get through it and stay to become productive workers. Others don’t and are displaced. This is a good program and has always worked well.
Mellon used to “PIP” people in the nineties. Invariably the end was termination.
Not true -layoffs you cannot backfill but PIP's terms you can.
Not true, generally. If there are layoffs to be done, no doubt people on a PIP are likely to be the first to go. But, by and large, with sub pay.
Are they really firing people at the end of the PIP?
When I was there, managers were encouraged to put struggling employees on a PIP before eliminating their positions and offering severance… which made the exercise pointless. Why ride an employee whose fate has been sealed???