Wish BNY would provide these percentage raises so many corporations are doing
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All raises are percentage raises, even no raise at all, so your wish has been granted.
Notice periods at BNYM
VP = 30 days
Director = 60 days
MD = 90 days
Wrong. It is not B.S. and at will employee does not mean what you think it means. You have to sign a legal agreement for the notice period requirement. You can choose to not sign, but that means you give up your incentive. The agreement is 10 pages long!
This cannot be true. No way to enforce this and we are at will employees.
I call B.S.
If we did that, we would not be rewarding our shareholders and we would not have enough money to fund our executive level incentives. Think of the shame that TG or EP have being some of the lowest paid executives for a New York based superpower like us. Can you imagine how EP feels whenever she looks back at the former CFO comp? We have to right these things first, then we can consider providing increases to the next level of management. Sorry if we run out of money by the time we get to Director and VP levels. You can always choose to leave…..oh, that new leave period becomes as additional barrier to exit? What a shame……but hey, CS and LO did not let that requirement stop them, they left sooner anyway! I mean, they have the money to pay an attorney if it comes to that, right?
They are. To be announced.
It’s four weeks. May not be 30 days but no need to be autistic.
30 days? Don’t make things up.
No, they don't and won't. They will, however, require that you pay back their abysmally small incentive if you don't provide 30 days notice when resigning or retiring.