Thread regarding Bank of New York Mellon Corp. layoffs

People work extra hours for nothing?

Many colleagues work extra hours for nothing, probably hoping to make sure they stay a little longer at BNY Mellon. People neglect their private lives because of this place. And what happens in the end? It all turns out to be in vain. It is those who put in the most effort who are first on the layoff list.

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Post ID: @OP+1cuYVTgc

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This was the most depressing thing about working at BNY Mellon. I was in technology. Two years in a row I was put on critical projects that were behind schedule and needed tons of extra hours (with no OT) just to make their made up deadlines. I sacrificed so much time away from my family for this stupid company just so somebody up the management chain could look good and save some face for their incompetence. For a reward, my raises and bonuses were pathetic. To add insult to injury, they let me go in January.

I’m now at a great company, making way more than before, and working normal hours. It couldn’t have worked out better for me. As for BNY, I wish you luck. I hope your India crew can figure out the hacks and workarounds we had to do to make your ridiculous schedules.

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Post ID: @ajd+1cuYVTgc

Those MS reports are garbage. The data is completely inaccurate.

The availability indicator in Teams isn't always correct either. The MS help folks say ti o open Teams and hover over your icon to wake up the indicator. no thanks. Got better things to do than hover in Teams.

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Post ID: @svv+1cuYVTgc

Don't you guys get the MS reports showing your engagement and collaboration time etc? It's funny that some of my busiest weeks showed that I wasn't doing much. It's more like I could do my job without a bunch of help from others.

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Post ID: @tsp+1cuYVTgc

No, the person is right. I know first hand that they do record it. I know a manager that a couple years ago had an employee that was always claiming tons of OT but was always behind and requested the logs pulled so he could see if the employee was telling the truth. From what I was told they don’t actively look at logs unless requested. Not sure if that has changed now however. I know that employee was let go for falsifying his time card.

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Post ID: @mpx+1cuYVTgc

Lol a bank that can't figure out how to email loan statements to clients somehow has a background system smart enough to monitor employees keystrokes in excel, okay bro.

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Post ID: @tcx+1cuYVTgc

Oh boy does this thread bring back memories: During my time at the bank, I always worked overtime when needed. Around 2013, I noticed that overtime was always needed, due to the increasing workload. Sometime in 2016 my department head let slip the range for my pay grade when I was in a meeting with him, and I was at the absolute bottom!

I was working about twelve hours a day at that time and on weekends often I put in a few hours, was always told I was doing a great job and knew I was, always made deadlines, came up with creative solution to issues and put a lot of effort into my job.

The difference in my pay compared to the average for my pay grade was about 20%, so not a small amount of money each year. I spoke to my direct manager about this, and he was very concerned and was going to look into it and get back to me. I never heard back from him on this, so I raised the issue again in my next yearly review. And it was like groundhog day: he was very concerned by this and was going to look into it and get back to me. He never got back to me.

In 2017, I wanted to improve my skills, so I spoke to my manager about possibly switching groups. I was delighted when they informed me that I would be working with another group in the department to develop a new application. The only catch was that they still needed me to work in my old group, so now I had two jobs.

So my day went from twelve hours a day to sixteen for about seven months in 2017 until I completed work on the new system, which was completed ahead of time.

For all the extra hard work and questioning my salary, I got a whopping 0.5% raise the following year.

I found a new job and resigned in mid 2018. When I informed my manager that I was leaving, he asked my why. He had no clue why I was leaving.

I'm at a great company now, where I make a lot more money and rarely have to put in extra hours.

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Post ID: @vlc+1cuYVTgc

You do realize that they do track time worked, right? Not through mytime but by a background system that reads and gathers everything from your log in time to how much time is spent in each app (excel, outlook, internet, any system your department uses). It is all tracked and logged. If you think they don’t know when you are sitting at your computer not working think again. They even know how long between keystrokes. So if you are sitting there thinking that they don’t know that you are away from your computer think again.

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Post ID: @mns+1cuYVTgc

There is a way to verify . If my team does extra they have to send an email when they arrive and when they leave so it’s confirmed they were in extra. They also have to say what they are working on because there is no reason for you to claim being behind on the same
Cr-p if you’re doing extra to catch up on it

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Post ID: @ebi+1cuYVTgc

Yup....the ppm and mytime timesheets are all an honor system. The managers have no real way of verifying a person's actual time worked. So its been open to abuse for years now, and no one is honest. PPM is especially a joke. The company needs to merge ppm and mytime into 1 system that does both.

People fall into 2 categories. Category 1 puts the weight of the world on their shoulders as they are made to feel personally responsible for everything. They tell themselves that they alone can make a difference if they just work harder. Those people are taken advantage of tremendously. They are made to feel guilty about the workload so they stay late and work for free.

The 2nd group of people are just jaded opportunistics that will turn anything and everything into overtime. Its all about getting paid. These people will do things like generate frivolous technical issues out of thin air. This is done either to avoid work, or to make up an excuse as to why a project wont be completed on time. A good example would be deliberately being locked out of LDAP if a person knows they are behind on an assignment and a deadline will be missed. In spite of all the automated password resets available, it can still take hours to have it reset. Sometimes it will lock all by itself for no reason. A person can loose DAYS of productivity because of password issues, so the employee makes it up by working overtime. So there is an incentive for having tech issues. Its an acceptable excuse to be late on a deadline, and it gives you the opportunity to earn extra money working overtime.

You would be shocked at just how incompetent some managers really are. You would assume that a manager would know how to run reports, or manage metrics, statistics and service levels. Some have absolutely no clue, so they pawn those duties off to a lowly person on the team that gets suckered into doing the managers responsibilities for no extra pay or recognition. Of course the manager takes credit for all of it, and uses the freed up time to manage the person above him/her, instead of doing what they are supposed to be doing which is managing the team below them. So then the manager spends the whole day convincing the manager above that he or she is the greatest manager on earth, when in reality its the lowly person on the team doing all the work, and getting none of the credit.

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Post ID: @bkb+1cuYVTgc

No there is no loyalty at this firm. Just a bunch of a-s kissers that make the cut. You have to be in the boys or girls club in order to have a chance. Get out if you can, I promise you will be much happier. Hard to work at a place where you are truly not appreciated unless you're sucking up.

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Post ID: @rty+1cuYVTgc

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