Thread regarding Bank of New York Mellon Corp. layoffs

Moving from level M to S (director to MD)

How long does it typically take to move from a level M to an S?

Recent joiner at M level, and want to keep an eye on what it'll take to move up. I know it's case by case with everyone, scenario and your boss. Any advice would be great.

by
| 39260 views | | 11 replies (last ) | Reply
Post ID: @OP+1jHhl7FQ

11 replies (most recent on top)

who cares...

by
| | Reply
Post ID: @4zng+1jHhl7FQ

You are assuming there are promotions. I know plenty of people here 10-20 years on same grade. Work load and responsibilities increased but no promotion.

by
| | Reply
Post ID: @3rhm+1jHhl7FQ

Depends on how nice your lips are and how you use them

by
| | Reply
Post ID: @3iiu+1jHhl7FQ

I’m calling BS on this post. No one at this level would post a question like this on a public board. It would have been asked/discussed during the interview process.

by
| | Reply
Post ID: @1shj+1jHhl7FQ

Consider yourself lucky that you came in as a M, because it’s next to impossible from inside. For every internal promotion to M or above, about 10 outsiders are brought in at those levels (from one of 2 companies in particular) to rule over the loyal lesser drones.

by
| | Reply
Post ID: @1gib+1jHhl7FQ

Serious answer: it took my friend over a year to officially go from L to M despite starting those responsibilities a year prior. To go from M to S, I imagine it’s even longer.

by
| | Reply
Post ID: @1hnp+1jHhl7FQ

Since you are a recent joiner, it is likely to happen for you within 2 years. The rest of us that have lived through downgrades and other unfortunate events, not much hope despite how well one performs. At one time, one was named an MD once you got to the M Level. Chainsaw fixed that for us all.

by
| | Reply
Post ID: @1orp+1jHhl7FQ

If you're a straight white male, forget it. Promotions don't apply to you.

by
| | Reply
Post ID: @iax+1jHhl7FQ

It isn’t straight from M to S+MD. It’s M to S+Director, then MD is granted by committee, maybe at some point after being an S+Director for a while. Source: trust me bro.

by
| | Reply
Post ID: @pkj+1jHhl7FQ

No corporate M would ever be asking this on a Layoff board. Once you’re over a J or K everything is political.

by
| | Reply
Post ID: @zqr+1jHhl7FQ

A promotion to S requires approvals from the CxO leading an area in addition to his/her boss, other S people in the area and relevant CxOs as needed.

by
| | Reply
Post ID: @rty+1jHhl7FQ

Post a reply

: