Would love to hear from those that left BNYM and went on to other places and found success.
15 replies (most recent on top)
My severance was almost a year which kept me out of the workforce. I honestly wanted to leave banking and did for 6 months. Then I realized my clients needed a bank so I’m back with a bank. Higher payouts and better morale.
I’ve shipped every job I can to India while reducing benefits every year the past four years. I’ve also reduced headcount and gotten around severance by giving out fake performance reviews.
WHILE collecting over $20 million per year I’ve given out raises of less than 2% While expecting everybody to work evenings and weekends
I’ve also lied continuously over the past three years about how many days in office we are targeting for what I hope is very few employees left after reducing headcount to boost my bonus even higher.
This is all successfully set me up to buy my second yacht.
Signed
RV
I have taken redunfancy after 15 years which will get me a bit of money and got a job offer during my notice period. Better pay and bonus, same benefits but small boutique firm with a great future .BNY has been an awful place to me for the last few years and I cannot wait to leave.
In a role with a bit more money, bonus not as good, work-life balance is great, no dictatorship from the top.
Definitely a success story
I want to hear ideas on where people went cause i need tp gtfo and nobody is hiring or hiring where you make enough to be homeless
Gotta love that each of these posts have one down vote- hi Robin!!
I am making 40% more and way happier!! Biggest thing for me was no more constant fear of being laid off, that alone is worth its weight in gold!!
I got ya’s all beat.
Retired!!! With at least 25 years of salary face value.
I am now in charge of an elite agile team- a spouse, dogs, cats, tropical fish , tomatoes, zucchini and peppers that listen, inspire and are experts in their roles and great teammates.
They guide me and are true life managers!
Advice: save everything you can, dont spend lavishly or buy new cars, invest, get a good investment management firm - and this isn’t Voya, stay healthy and do not stay at BNY or any job if your physical or mental health are being impacted- because you be a success.
I'm ashamed that they thought I was a "fit" to their organization and hired me.
Left 6 years ago on my own terms to join another bank. People do their jobs (not politic, meetings to have meetings, solutions looking for problems etc.), my boss is nice and my compensation is linked to my performance. I stress once and a while but because of work not internal BS or fear of being laid off.
Left 2 months go for a much smaller bank.
Got a little more money, double the bonus pool, similar benefits, but less out-of-pocket, free parking, easier commute,
And yes… Free coffee
Atmosphere and culture is completely different than Bny.
Took about five months of very consistent pointed jobhunting, but finally after five months I had multiple offers.
The grass is definitely greener.
I am st a much better company after several years of he-l on earth at BNY. I’m getting a better paycheck, a normal workload, I have great coworkers and actual training. Could not be happier that I am no longer dealing with that shady, backward shithole.
I joined Citi a few years ago. Yes it has its flaws but the pay was so much better (40% increase) and work/life balance has improved. I knew it was time to leave BNY when we had new regime changes at the top and they started bringing in their own favorites who had fewer responsibilities but were at a higher level. Why am I busting my hump and logging in on vacation when it won’t get recognized?? Thankfully, i learned this sooner than later.
I left 3 months ago after 16 years. Happier than I've ever been. Make 20% more money and love my job and coworkers.
Stay at home Dad - slight pay cut with fewer babies