Thread regarding Bank of New York Mellon Corp. layoffs

Time to leave?

Bonus and 401k match posted, time to leave? Give an up vote if you agree.

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Post ID: @OP+1qR3MyAm

21 replies (most recent on top)

If you’re staying here only for the SUB then you really need to rethink your entire attitude towards work and career unless you are ready to retire. A year of SUB, which would only be possible if you weren’t hunting for a job, can permanently put you on a dependency track.

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Post ID: @5thz+1qR3MyAm

We should all quit the same day.

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Post ID: @5chx+1qR3MyAm

There has been no change to the sub pay policy. Those who say anything contrary need to stop spreading falsehoods. BNYM above all, is very risk averse. Last thing they want is any negative press surrounding employee relations.

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Post ID: @1auo+1qR3MyAm

@OP

“Time to leave?
Bonus and 401k match posted, time to leave? Give an up vote if you agree.”

Your timing is perfect. Go for it!

I’m proud of you escaping from these lifers…

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Post ID: @1rjd+1qR3MyAm

Robin himself said in a town hall he likes his work life balance and likes his work from home days. Guess his wife got tired of his stupid face at home.

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Post ID: @1zwc+1qR3MyAm

@ ixj Quite the contrary. When I was hired two years ago I was told 2 days in office and was told there were NO plans to increase the number of days, so please stop talking out your a-s.

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Post ID: @1ffj+1qR3MyAm

Don’t stay to see if you’ll get a severance package. Just find something better and don’t look back. The longer you linger at a place like this the harder it will be to make the jump something better.

Making the jump is hard but a year of paid leave was awesome. Full pay + unemployment. I’ll probably never see retirement so the year off was spectacular. Make a move to get on the list to have your “position eliminated”. Next peakon survey, consider your responses.

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Post ID: @1llo+1qR3MyAm

Fingjoke,
The plan for young performers is to work for jpm or Goldman for several years and gain experience and knowledge. Then try to strive to reach the top of the industry, or perhaps then accept a position at BNYM. Good luck to you.

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Post ID: @1zdo+1qR3MyAm

unfortuately this is no place for young graduates. This place does not have a game plan for young performers to move into management positions as the older staff retire.

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Post ID: @lpp+1qR3MyAm

Alternatively, our biggest problem is executive entitlement - go check out Robin's recent interview on Bloomberg; points to the onetime $250 stock award and flexible RTO as reasons to expect more from employees. What a giver he is.
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Haha. Man is he out of touch.

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Post ID: @jzb+1qR3MyAm

Alternatively, our biggest problem is executive entitlement - go check out Robin's recent interview on Bloomberg; points to the onetime $250 stock award and flexible RTO as reasons to expect more from employees. What a giver he is.

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Post ID: @xwv+1qR3MyAm

Actually, I don't think 5 days in office was listed on the job or during the interviews

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Post ID: @nmn+1qR3MyAm

@edz

“They will almost force more days in the office soon 3-4 days”.

“Uhhh, yeah… five days at work in the office is literally the job requirement for which you were hired. Our biggest problem is our employee entitlement attitude.

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Post ID: @ixj+1qR3MyAm

Of course they’ll force more days in the office. It’s the one thing they’ve been consistent about.

To me the most amazing thing about our coworkers is that they cannot get over returning to work. Todd was so kind with WFH that he totally ruined the workforce. He should have layed off the slackers.

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Post ID: @mws+1qR3MyAm

Frecking 3 year vest

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Post ID: @qbu+1qR3MyAm

Don’t stay to see if you’ll get a severance package. Just find something better and don’t look back. The longer you linger at a place like this the harder it will be to make the jump something better.

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Post ID: @ppc+1qR3MyAm

We have been told that the sub pay policy has not changed and to not listen to all the rumors going around.

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Post ID: @mbi+1qR3MyAm

I can't believe how many times I've heard this. "You will not be getting two weeks for every year you worked here....30-60 days max." Look, I too would put nothing past this place, but there is simply no evidence whatsoever that supports this. To the contrary, it is clearly in the company's best interest to keep their sub-pay policy in place. They have for many many years and I expect it to continue. If anyone has an evidence the policy is changing, please share. Otherwise, this is fake news.

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Post ID: @fkn+1qR3MyAm

I’ve been telling people to leave for 5 years. I feel sorry for these lifers but I’ve given up on trying to tell them about the hot job market, the easy pay increase for a move and the power of taking control of your own career and destiny.

I for one never understood the lifer mentality and never will.

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Post ID: @tfb+1qR3MyAm

Everything they’re doing seems to be driving people to want to quit. And if they quit they don’t have to pay SUB. Win-win for them. Robin wants thousands less of us. The problem is he’s going to run off the most valuable, with the most prospects, not the weakest. Be careful what you wish for, Robin.

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Post ID: @xvm+1qR3MyAm

Yes, it’s time to leave. Sub pay will be different this year. You will not be getting two weeks for every year you worked here. You will most likely receive 30-60 days max. You were better off volunteering for layoffs last year. Of course they won’t share this information because they don’t want people to start panicking. They will almost force more days in the office soon 3-4 days to get people to quit or be terminated if they go below standard on the tracker.

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Post ID: @edz+1qR3MyAm

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