Thread regarding Bank of New York Mellon Corp. layoffs

Healthcare enrollment starts November ***7***

Hmmmmm…the day after.

by
| 10491 views | | 25 replies (last ) | Reply
Post ID: @OP+1pnPiyga

25 replies (most recent on top)

At Mellon we had lead pipes so we had to buy our own polar water for drinking as well as our own coffee. There were heated arguments for coffee drinkers who didn’t want to pay for polar water.

It was a hellish place to work.

by
| | Reply
Post ID: @3fks+1pnPiyga

@3bih

This is an epic battle between management and employees struggling for every penny. Management is going to win this battle but they’re so short sighted that they are going to lose the war. The brain drain is rapidly accelerating and anybody with a good skillset is going to be out job hinting the day after the bonuses hit their accounts. It’s been bad and getting worse for a very long time but it’s over now that all trust has been broken. I truly hate this place and I once loved it..

by
| | Reply
Post ID: @3yin+1pnPiyga

Interesting. I have worked for many companies over the past 40 years and Mellon and BNYM were the only two companies which didn’t have free coffee. I even worked for a Savings & Loan which went under in 1982 and the coffee was free.

by
| | Reply
Post ID: @3scs+1pnPiyga

So they will dock your last paycheck if you’ve taken more vacation than you’ve accrued but won’t pay out for vacation you’ve accrued but not taken??? That’s a disgusting double standard. Clearly looking for ways to actively sc--w over employees at this point.

by
| | Reply
Post ID: @3odm+1pnPiyga

@3jwp+1pnPiyga; my BNY department has free Alterra coffee, with the Alterra brewing machine. Maybe this is just the department budget for the department employees.

by
| | Reply
Post ID: @3bep+1pnPiyga

@3sil+1pnPiyga

Well they can and did. Email to come Tuesday

by
| | Reply
Post ID: @3bih+1pnPiyga

The bank can't decide that it will not pay employees for accrued vacation they don't use.

by
| | Reply
Post ID: @3sil+1pnPiyga

@1fps

There has never been free coffee at BNYM

by
| | Reply
Post ID: @3jwp+1pnPiyga

@2vcc+1pnPiyga not entirely true

by
| | Reply
Post ID: @2fjj+1pnPiyga

@2vcc+1pnPiyga

Not anymore starting in January

by
| | Reply
Post ID: @2fvl+1pnPiyga

@1whr

The policy hasn't changed since 2021, and accrued vacations are paid at the time of termination (voluntary or not). Only carryover days still unused after April 1st are unpaid (use or lose it).

by
| | Reply
Post ID: @2vcc+1pnPiyga

Post card in the mail today which went right into my recycling can. If they are so concerned about saving on expenses, I think an email would have worked better. No mailing costs or paper and printing costs. And for a company that tries to tout green buildings, they could have saved some trees.

Is that the new policy - no accrued vacation payout if terminated? They are just getter cheaper and cheaper. Probably why they stopped sending me surveys. My standard response of zero when asked if I would recommend employment here or if I would stay if offered a position elsewhere. I’m at retirement age so doesn’t have much effect on me but I’m really concerned about my co-workers.

by
| | Reply
Post ID: @2fzw+1pnPiyga

@1fps, you'd have to set down your White Claw® for that.

by
| | Reply
Post ID: @1udz+1pnPiyga

I got a postcard in the mail today saying enrollment starts on Nov 7th.

by
| | Reply
Post ID: @1pfk+1pnPiyga

HR technology at its finest. HR claims they sent information out on October 31, but I don’t know of a single person who received it. Some HR person probably clicked a link to send an email that went nowhere. Makes perfect sense given that more than fifty percent of our internal links never work.

by
| | Reply
Post ID: @1kbf+1pnPiyga

Let's drink as much as office free coffees as a final benefit before we are layoff.

by
| | Reply
Post ID: @1fps+1pnPiyga

It's only a banner on mysource for me, but the link doesn't go anywhere.

by
| | Reply
Post ID: @1fpd+1pnPiyga

Was on mysource last night, but not seeing it this morning.

by
| | Reply
Post ID: @1syy+1pnPiyga

I have not received an email on benefits or open enrollment. Nothing on MySource either.

by
| | Reply
Post ID: @1bqc+1pnPiyga

Someone should have mentioned some of the new benefits coming out like vacation payout at termination being discontinued

by
| | Reply
Post ID: @1whr+1pnPiyga

it on mysource.

by
| | Reply
Post ID: @dye+1pnPiyga

Layoffs are actually the 6th-8th
So the day after would be the 9th

by
| | Reply
Post ID: @ext+1pnPiyga

Was this communicated via email?

by
| | Reply
Post ID: @vyj+1pnPiyga

Coincidence? I think not. 😢

by
| | Reply
Post ID: @hjy+1pnPiyga

Of course- no sense having enrollment for canned employees

by
| | Reply
Post ID: @biu+1pnPiyga

Post a reply

: