After 4 days RTO goes into effect, I would be paying minimum $500 a month and 10 hours sitting in traffic/on train just to get to and from work. So many of us in this area are getting pushed out - 1/3 of the people I used to work with between 2022 and now are no longer here. They should change the name of this place to Bank of Pitt or LM or Pune soon.
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Loopholes, exceptions, workarounds to RTO….
Guys, are you for real? Do you really honestly believe your direct managers are going to sign their heads away on this on a regular basis for you? Are you not paying attention to what this regime is looking to do?
There is no more slush. No BAH. There is no flexibility except the one day a week. Certainly, if you need a day to work remote or have a sick kid or parent you will get it on a ‘here and there’ basis. But that’s it. You try gaming this and you will get whacked with no separation. That’s a guarantee.
Speaking of the work from anywhere days, if I'm not mistaken, in 2023 didn't they allow us unlimited WFH days in December for the December recharge? In 2024 however, the December recharge was only for like one week or so, right around Christmas time when most people were already using up their last vacation days around the holidays anyway.
The loopholes you’re speaking of I’m guessing are using the in office exceptions, work from anywhere, and lots of half days.
While I agree that that works and I know somebody that does that, you have to have a manager that is OK with all of the in office exceptions.
Further, I am aware of somebody that was warned that you’re only allowed 30 in office exceptions per year and obviously they need to be approved by your manager
Let’s not forget that they’re looking for any reason to let people go without paying the severance they are due.
I’ll be honest… I’m as pi---d off as anybody about them lying about the return to office & the propaganda around it but what’s worse now is how they’re sc--wing good hard-working employees out of severance. That at least was something to fall back on with all the cutting and shipping jobs overseas they’re doing
I wonder if I should list all RTO loopholes here. Will take like 3-4 sentences. My thoughts are.. that they may update/close them, which in turn makes more people pi---d off and leave the bank... More attrition - faster BNY will ****
$20 a day for me now, including a $6 bridge toll.
Also, if they lay me off now, unemployment benefit drops from $875/wk to $450/wk. Just another kick when you're down.
The cost of commuting is now back to full monthly for me. There is no benefit or ticket scheme to cover 4 days a week and save money. For a train ticket, parking and the awful metro card I am at $416 a month. That’s $5000 a year. And my merit increase was less than half that. A BNY foundational pillar stuck up my behind.
@ct+1jtewgzd6
What’s even more ridiculous? You need to let your manager know you have an outside job. And it will come up on the code of conduct. They may decide you can’t have that job. That’s how much of a skreeeww this place has become. Robin wont be happy until we are fighting the homeless to live under a bridge
Many of us in the Boston area are and will share your frustration, except that we never had these commuting costs we will now have by being forced to commute into Boston. So while you may have had these costs pre-COVID and have since worked them out of your budget, many of never had to budget for it. I will need a part time job to pay the expenses I will soon have to commute to Boston. A part time job just to keep my full time job. Ridiculous.
Why you are not coming to the office daily only? Everyday you are making excuse. This is too much. Sitting in home and , thinking you are big man? First learn discipline, then talk about job. Simply getting salary for free means what?
@an+1jtewgzd6 - are you saying to moved out of the tri-state area? Can you say where? Did you leave bny for something else?
@spreadsheetguy I think the harsh reality is that if your job is to edit spreadsheets and PowerPoints of others, your work isn’t valued anymore and they want it to go away. If it’s a role you’ve been statically doing for years, it’s going to be viewed as a heavily embedded task that is repeatable and should handled in our systems or elsewhere in a broader capacity. Forcing you into the office honestly might save your career if you can broaden out and grab other stretch work from people near you. I may be totally wrong in this guess, but your description of the role reads like a paper pusher and companies are genuinely trying to ki-l those roles as much as possible by having tech do it and focusing people on broader scope tasks.
Wow,how easy it is to turn something into America versus India fist fight! Don’t shoot the messenger,the real culprit here is the management , without any foresight misuse American workers and and hiring Indians in masses..this is not something new and offshoring is happening forever but pushing out folks with proprietary knowledge is what amazes me,it takes decades to build, it is just a matter of time before we pay in millions as fine to SeC and regulators, Indians or Americans we all deserve fair treatment,good job,work life balance etc,it’s human and this place will not offer that ,it’s a fact..prep and leave and please stop hurling abuses
@an+1jtewgzd6 In the late 2010s I worked a terrible job at Goldman Sachs in Lower Manhattan whilst I lived in Queens, and it took me like 1-1.5 hours to get to work every day. I absolutely hated it and I was always miserable commuting. My job was to just sit there all day in the office and edit Excel sheets and PowerPoint decks that bankers on other floors would send me. I hated it because it was a job I could just have theoretically done at home. Then when BNY hired me in 2021 and let me work remotely, it seemed almost too good to be true. Now they're taking it away from me.
5 years ago everyone wasted that time and money too. People in NYC and its suburbs act like they have stockholm syndrome and seem to forget you don’t have to live like that. Moving away from NYC to a normal suburban area was the best quality of life decision I’ve made for myself and my family.
@a2+1jtewgzd6 What’s it like in India?
@a4+1jtewgzd6 Examples?
There are so many loopholes around RTO. Under the current rules no one should be coming in more than 2 days a week and come September no one should be coming in more than 3 days a week. Learn the system and abuse the h*** out of it.