Thank you BNY for rewarding your employees again this year, we are happy to take the hit so the shareholders can profit...we are all shareholders after all
22 replies (most recent on top)
@eh yup and glad you called it out.Doesnt make sense to stay
Every year we work for less yet we stay.
@h1 Let me clarify that for you (based on reality). The "run rate" as you call it, is actually 2% across the board, SO if you attempt to hand out a 3% or 4% that leaves 0-1.5% for the rest of the team, depending on size.
@h1 must have struck a nerve with someone in HR! No, these are real associate concerns not properly addressed by your team. Blaming and dismissing others for sharing personal experiences is not an acceptable response.
Nonsense, the run rate is 2% with those at exceeds being budgeted at 3% and significantly exceeds 4%. This board is just full of bull sh-t rumors.
@OP these merit increases only offset the
Healthcare increase. So essentially we are making jack sh-t
I actually feel sorry for management. You all had a hissy fit and refused to show up to work. What did you think that your reward for sc--wing off?
Bet the execs actually work.
Why not purchase the stock and enjoy the bonus and the easy work?
Quiet quit while you look for a new position. Off shoring will catch up to them. Miss deliverables so they can feel the pain. This trash heap is truly a disgrace. We are treated like serfs.
@c7 I feel the sentiment.
They can keep my 1.5%
If all I’m worth to them is an extra $35 a pay on my paycheck, then they need it a helluva lot more than I do.
Stop giving and start taking
I will only be getting 1.25% for being here 3 years and same with my colleague who has been here for 20. These new analysts and ocap are getting a much higher raise. They’ve already had raises and bonuses this past year. We got $1000 bonuses the last 2 years, now we are getting $500. When will we be appreciated by this establishment? Never. Get out but before you do, quiet quit because the bank of New York can su-k all of our taints
I cannot go higher than 2.0% even for someone that got exceeds is that a bug or is it really capped at 2% for people trending towards exceeds. How do they expect me to keep morale up or even people caring in everett if I have to give 1% to 2% capped merits to employees!?!? This place is so demoralizing I've been looking for a new job since June and its so depressing I cant find anything.
My efforts are generally in line with the level of pay that is granted to me, so I anticipate working at around 25% of my capacity in 2026.
Now, now, now, when the RSU’s hit maturity in February, you can say you got an extra 3/4’s of a percent. So your 1.5 becomes 2.25. Errr Uhhh just forget about the capital gain tax 😜 And then, when Robin figures in your free coffee for 2 cups a day and then….. the add of the kinda sorta addtional vacation days you just got —- ehhh pay no attention to no floaters and no personal days m’kay?
Guess what?
Your cruising in at over 4% annually!!! Wow. Now don’t you feel better? And if you buy
Company stock with a 5% discount, you are really getting into Warren Buffet territory!
This is Robin’s trickle down economics on us while emptying his bladder.
The percentage provided for each employee was between 0-2.5%. Most people will receive 1.25 to 1.50.
Bet the execs got more than 1.25%. They are ki!!ing their employees and smiling all the way to the bank. Why do we continue to bust our humps for these jags? They treat us like cr-p.
Please remember that management has to pay for the free coffee, hence the paltry merit.
@a9 where are you getting your info?
Most will get ZERO MERIT INCREASE and if you received a bonus last year cur that in half.