Thread regarding Bank of New York Mellon Corp. layoffs

Tracking towards below expectations

I had my mid- year review today and was told I will be ranked as tracking towards below expectations. I don’t agree with it and have written evidence that disproves the points my manager raised.

Does anyone know what happens next? If I don’t acknowledge the rating on the system is there an appeals process? My manager also didn’t mention anything about a PIP but all guidance on my source says a robust performance plan must be put in place if tracking below expectations?

Help me out here please

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Post ID: @OP+1k0f65w6r

30 replies (most recent on top)

This is a result of their trash edict that we rate 25% of staff below expectations this year. They’re just trying to force us all out.

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Post ID: @123+1k0f65w6r

End your employment on YOUR terms, not theirs.

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Post ID: @r1+1k0f65w6r

What this company is doing is unethical and immoral. I’ve been through something similar, and I agree with others who are saying to fight this. I did not sign the false review. And I wrote a response to the review, sent it directly to HR, and said put this in my confidential employee. Don’t ask, just tell them what you want. They shouldn’t refuse it, but if they do, get that in writing as well. In your written response, address your manager’s negative feedback head on (based on hearsay, not a fair assessment of performance). Keep it professional and above reproach, just the facts. The situation is not good, but standing up and advocating for myself did wonders for my self-esteem and confidence. Not only did I get out with a better package but they also investigated my manager. Seems I wasn’t the only one on our team to complain. Good luck to you.

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Post ID: @ex+1k0f65w6r

@dq No, and the comments are still not in the system. I had no warning and no way to prepare - other than this forum.

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Post ID: @eg+1k0f65w6r

@e4 you are one of the very lucky ones. Many hard working, loyal and long term employees have not been as fortunate. We have been falsely rated below expectations, placed on bogus PIPS with a fast pass to termination with cause and without separation pay. As a long term legacy Mellon employee, the downfall began with the merger of BoNY and Mellon. Years later and Robin Vince is on the fast track to destroy both legacy firms into oblivion. What a travesty to be taken down by a sinister Brit.

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Post ID: @ef+1k0f65w6r

@e1 I was not aware. I had my PIP discussions before I had my review so I assumed that @op won’t be put on PIP. Now I don’t feel bad for myself as I eventually I would have been put on PIP. I am already looking to leave and doing just the bare minimum. I had 3 rounds of interview and hoping before my PIP ends I will have an offer letter.

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Post ID: @e5+1k0f65w6r

I always wonder why I visit this forum. I was let go six months ago with a years' worth of severance pay. I saw that as a nice bonus - 100% bonus I have never received more than 20% for all those years I have been with the bank. I have gotten a nice job but in a different industry (not finance related). I come here to check the state of the firm which I served for so long. Habits.

I say the above to stress the reality that risking a 100% bonus - a reward for all those years - was not worth it. I knew that the writing is on the wall with P-M and I thanked my luck to get on the LO list and not the "fired" list. Did my refusal accelerate and firmed the decision? I do not know but most definitely it angered my manager. And I was an easy choice when she had to give a list. Win - Win is my take

Take the money. Consider that as a bonus. The market will absorb you. For most of us, it is a hit on our pride. "How can they refuse to see my value?" is the question. But reality is when they rate you as "Not Tracking" they have made up their minds. Why would you want to stay there and prove yourself to a person who is insignificant in your life / career?

Whether you sign or do not sign, my experience says does not matter. Maybe it can firm you up for and push you to the top of the list. Thats all.

BNY is just another firm. It is not my firm. Unfortunately, I realized it very late. It will survive without me and vice versa I will and am flourishing.

Gone are my parent's days where they worked and retired in the same firm with a big pension.

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Post ID: @e4+1k0f65w6r

@b2 dont tell people they wont go on a PIP. As a manager i can assure you Hr will force it for that rating. And you wont be eligible for merit, promotions or anything else.

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Post ID: @e1+1k0f65w6r

Do you get to see managers comments and rating before meeting?

Would be fair to prepare your fight.

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Post ID: @dq+1k0f65w6r

To the people saying accept BNY’s inevitable.
This is why you became victims in the first place. You put your life in others hands. You have no compass. If the whole world acted like this, there would be no progress and success.
For God’s sake, fight for your rights. Even if you are fired, you made a stand. You stood for something infinitely better than BNY… it is you!

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Post ID: @cp+1k0f65w6r

I agree with others that say don’t acknowledge receipt. If there is no where that you can add your disagreement - refuse to acknowledge it.

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Post ID: @c4+1k0f65w6r

@bs
No morales, Batman and Robin sux

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Post ID: @by+1k0f65w6r

Get your resume updated.
Not joking here...

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Post ID: @bx+1k0f65w6r

@af @ab here. Nothing happens when you don’t acknowledge your review. They will tell you that you are only acknowledging you had a discussion about your review with your manager; however you won’t see that in writing and since they removed the comment box for employees’ to add their final comments after having their review, I told my manager I was not going to acknowledge it. Also for those who are saying you won’t be put on a PIP, they are wrong, anyone who is rated partially meets or needs improvement is 💯% going on a PIP. All I can say is I am still employed but won’t be for long. I sought legal counsel and although their actions with false ratings are pitiful there is not much legal recourse unless you have the monetary means to pay for legal fees, even then it’s a long shot. BNY has deep pockets and is well versed in what it can and cannot get away with.

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Post ID: @bs+1k0f65w6r

This place is a dump!

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Post ID: @br+1k0f65w6r

Actually it doesn’t matter . I didn’t sign mine years ago . It was my first ( and last) below in twenty years. In half a year they let me go. For my last half a year all my one-on-one being cancelled

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Post ID: @bq+1k0f65w6r

@OP if you are below, HR will force mgmt to put you on a PIP. That communication will roll out at some point. It doesnt matter if you acknowledge but if you have proof to discredit and of it, fight that sh-t

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Post ID: @ba+1k0f65w6r

You won’t be put on PIP. I received the same rating but I was put on PIP. The PIP discussions started earlier before they could release the mid year review. From a PIP standpoint you are safe. They might sc--w you on your bonus. No chance to grow + if they need to layoff more people from your department you will be the first one to get selected. It is like a moving target. All the folks who are saying fight and all this. Ask yourself what is going to change? When your manager gave you this rating he had already discussed with his or her manager. So now HR has your word against your manager and your skip. I seriously do-g understand what kool aid do folks drink that HR is going to step in and help you out. You will make yourself an immediate target to layoff.

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Post ID: @b2+1k0f65w6r

@OP Exact same thing happened to me today. I have only ever received positive feedback from management and business partners. No mention of a PIP.

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Post ID: @aw+1k0f65w6r

Don't sign off on a review you dont agree with. You will have no come back. But your card is marked. TIme to plan an exit. You will be the target for all future bad ratings due to his history.

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Post ID: @as+1k0f65w6r

@ae+1k0f65w6r You are totally right. Fight this all the way until the bitter end. Everyone I know who challenged this went out with better terms. This company counts on people giving up. If you truly feel you didnt deserve this, then it’s your duty to stand up for yourself and not give in. I suspect that there are soon going to be a multitude of people who will give HR all they can handle because of falsehoods.

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Post ID: @ap+1k0f65w6r

@ab can I ask what happened when you didn’t acknowledge it? Does HR get involved at any point?
Also, are you still employed by BNY?

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Post ID: @af+1k0f65w6r

Anything worth doing is worth doing well. Just saying look for another job doesn’t cut it. That’s a given. If the manager is looking to serve this OP person a dishonest review, then fight. Fight for all it’s worth. If somehow it winds up in court you want to look like the injured party and disagreeing and fighting this injustice all the way. And30 years from now, when you are old and retired, you can smile and be rest assured that you didn’t give in or agree or be a silent victim. This manager is pond sc-um and spineless. He/she needs it on their record that they dished this out wrongly. Dont be a ‘La pousse’. Fight back and F ‘em.

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Post ID: @ae+1k0f65w6r

@a6 I completely agree if saved this time they will be added to the layoff list but walking away with some money is better than walking away with nothing. RB and his minions are making managers rate 25% of staff below expectations. Even if everyone is a meet/above they have to find people and come up with some d-mba$$ reason to force them below. My manager was told to hold off on giving reviews because they had not met the 25%. Not sure how this is legal and how they are able to get away with any of it.

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Post ID: @ac+1k0f65w6r

@OP same thing happened to me at last year end. Let be be brief. You are going on a PIP and you will be top of the list for your manager’s direct reports to be terminated with cause. I did not acknowledge the review and I would highly suggest you do the same. No matter what you do to push back, it’s a done deal. Why waste your efforts trying to offset it, futile exercise. Plan your exit strategy now.

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Post ID: @ab+1k0f65w6r

Sorry that this has happened to you. Even if you have positive responses they will use the negative ones. Your manager lacks spine and go bat for you. I would just look to apply elsewhere. Let’s say you are protected now by doing what everyone is suggesting which is great advice. However, your name will be on the top of the layoff list. They are going to put you on PIP and you are done at that point. I would use my time n energy to find something. Start to use your vacation days, sick days etc.

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Post ID: @a6+1k0f65w6r

@a4

A3 here. Get all that documented and written down. Any emails thanking you or saying you were helping will help immensely. If you manager said that to you about Robin’s directives, then by all means include that as the managers rationale. It is hearsay at this point, but indeed, your manager’s poor rating is based on hearsay. Drop all you are doing at this point unless its a production emergency and work on this. Also, if you have business contacts that you are friendly with, call them confidentially and let them know what is going on. Ask them nicely if they can go to bat for you when the time comes. And as the other commenter said - if you have had good reviews in the past - especially from this cowardly b-m of a manager- then use that too.

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Post ID: @a5+1k0f65w6r

@a3 I do have feedback, loads of positives and a couple of negatives. The positives far outweigh the negatives. My manager told me not to worry about the feedback but ended up marking me down because of those two people- in his words the directive from Robin is to be harsh. My evidence directly disproves the bad feedback but my manager’s argument is that it is a bell curve and some people will be very unhappy this year.
Where does that leave me?

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Post ID: @a4+1k0f65w6r

There is no appeals process. Did you have any peer reviews? If those people say you were good then that’s evidence. Next, work up an email and put it to your manager and the general HR email box and say you fully disagree and if you are trending below you’ve been given no evidence, have never been warned until now and you have met your goals and give all the examples you have. Do not sign off on the review. Next- immediately create an incident ticket for HR where you can claim fraudulent reporting and/or false personal data. Say you feel unsafe with this manager. You have nothing to lose at this point. It is a hint and a half that you are going to be a victim. But it doesn’t mean you need to go willingly. Good luck.

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Post ID: @a3+1k0f65w6r

I know 2 people that successfully challenged their BS

if they didn’t already provide it, ask for specific examples in writing and respond to each one & include HR. .

Also, if you have any positive feedback from coworkers or stakeholders, provide that to your manager and HR.

if you have a long track record of good reviews, state that as well

me personally, I would not sign off on a review I didn’t agree with, but I can’t say I know for certain what the ramifications are.

Know this… You are being set up

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Post ID: @a2+1k0f65w6r

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