Thread regarding Bank of New York Mellon Corp. layoffs

Missing SUB payment

Anyone else not get their SUB payment today?

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Post ID: @OP+199Ggvut

8 replies (most recent on top)

Someone I know went on sub pay not long ago. One there, the only think that came out was medical benefits. Since it is handled differently that severance, actually GOOD thing, 401k stops, and I don't think it's taxed by the state or local, but probably the fed. This person actually made MORE on SUB pay, but only lasts based on your length of service.

Good luck everyone. Sometimes being cut is a GOOD thing, just not these current days.

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Post ID: @3yya+199Ggvut

Got my pay stub and there's a "SuppUnemploy " included under earnings. They said we'd be paid by TMS, not BNY. There is also reimbursement for "Vacation Pur".
My 401(k) contribution was taken out but not my HSA or United Way contributions.
Fed and State withholding look like they were applied to all earnings but SS/Medicare seem to only apply to regular and I assume vacation earnings.

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Post ID: @1mnn+199Ggvut

Nothing from outplacement.
Tried unemployment but as I don’t live in the state I worked it’s another layer of BS to go through. Not BK’s fault but it is there fault they didn’t prepare us as it impacts many.
Haven’t signed release so cannot speak to subpay.
The one positive (relatively speaking) is I called HRFU and the woman was actually helpful, they can see the details of your pay.
I’m sure once I sign the release letter that will be another mess.
Every step of the way is aggravating.
BNYM- can’t even separate from its associates.

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Post ID: @1bzb+199Ggvut

They sent you a check? I thought they said they'd use the same direct deposit as your paycheck.
I
got my direct deposit from BNY but not the SUB pay. I didn't get a pay stub but the deposit was about $500 more than my regular pay. I know they owed me a few hundred for purchased vacation but I assumed it would still be less than normal since it was only for 1 week.

I haven't heard from outplacement services either.

NYS unemployment is crazy stupid. Keep getting texts and emails saying to certify but there's no mentioned of certifying when I log in. But at least it's available in 20 different languages!

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Post ID: @1fzq+199Ggvut

I signed the release last Friday, received check today. Filed for unemployment on Wednesday. This whole process is a mess. Has anyone heard from the outplacement services?

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Post ID: @1tcu+199Ggvut

Signed it a few days before the 1/21 deadline.

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Post ID: @1rwt+199Ggvut

Did you file the paperwork before the deadline on the form?

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Post ID: @hlo+199Ggvut

I didn’t sign the release so I can’t say.
I’m sorry this happened to you.
This firm is ssssooo bad. Everyday it’s worse.

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Post ID: @rnn+199Ggvut

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