Thread regarding Bank of New York Mellon Corp. layoffs

Annual Raise

Has anyone had comp discussion with their manager yet?

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Post ID: @OP+1fd44Xot

12 replies (most recent on top)

Bonus essentially flat. No increase - haven’t seen one since 2017. Absurd.

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Post ID: @6emz+1fd44Xot

Will unvaccinated get raises?

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Post ID: @6bim+1fd44Xot

L, NYC, 3%, flat bonus. Better than 0%, 1%, 0.5% I typically receive, but absolutely pathetic that Todd feels it is good business practice to (without fail) pay less than the cost of living increase every year. Employees now have to face 3 days of commuting/increased child care costs. I really would have been fine with 0% if allowed to continue to WFH. Inflation, child care to cover extra commuting time, Path, will be a major financial setback. They have given me no other options other than to leave.

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Post ID: @3gnm+1fd44Xot

Level I, 26% raise, $10k bonus. I transferred business lines toward the end of the year which likely explains the higher than usual raise %

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Post ID: @1xkm+1fd44Xot

I got 4.5 percent

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Post ID: @1kqi+1fd44Xot
  1. 5% "raise". Inflation is triple that. Thanks for the -4.5% spending power decrease.
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Post ID: @1scq+1fd44Xot

When does the raise kick-in? Still mid-year?

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Post ID: @1kti+1fd44Xot

Joined about 6-8 months ago. Feel pathetic leaving my old place now

Raise - 1%
Bonus - ~3% ("prorated")

Level L

Is this always this sh---y? Why do ppl even stay

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Post ID: @1lfd+1fd44Xot

3-4% raise, bonuses flat.

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Post ID: @1arq+1fd44Xot

got a 3.5% raise. bonus was pathetic like usual. will be leaving this summer.

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Post ID: @vbr+1fd44Xot

So in addition to RTO a ‘below expectations’ raise. Wonderful

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Post ID: @ikg+1fd44Xot

I had mine earlier. They definitely didn’t do a good job trying to retain talent. That’s for sure.

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Post ID: @krn+1fd44Xot

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