Do people who have left BNYM have any regrets about making that decision? I know a guy who ended in pretty much same circumstances as he was in here at his new job, so now I'm starting to worry that might be a universal experience - considering the general state of banking industry.
Please, somebody tell me it isn't so.
I was at Pershing for 3 years and left late last year for a financial tech firm. I don't regret my decision for a minute. You have to take risks in life. Sure, you could be stuck in the same situation you're in now, but you don't know unless you try.
Most financial corporations are going to be like this
I just declined a job offer at BNYM. I feel good about my decision. I accepted an offer at a much better company.
I have to Echo the two responses before mine. I put in 8 years at BNYM, was promoted to management, received a lot of training and amassed a lot of knowledge over the years. I completely left the financial services industry. I am a lot happier now. Unless you're truly in love with financial services, I recommend leaving the field altogether. I feel like all the major banks are playing the same layoff game that BNYM is. Better to get out of financial services entirely if you're able to. I now work normal 8-hour shift, my health and work-life balance has improved so much. However, I also don't recommend jumping ship for the first job that you're offered. Please make sure it makes total sense for you, including Financial sense. Sometimes we have no choice but to take a pay cut, but I would try to avoid that if at all possible. I've been away from BNYM for a month now, and I'm a lot happier. Unless you truly want to stay in financial services for some reason, you should definitely look for work outside the field. I feel that I had many transferable skills that were attractive to many Employers in my area. I interviewed at 7 different companies before accepting my new role. I interviewed with companies in the retail, Information Technology, hospitality, and medical sectors. It took me 5 months to find a new job. I definitely made sure I wasn't operating solely on emotions and that I was not making any rash, knee-jerk reactions. Trust me, I had many days at BNY where I was on the verge of tears, quitting without notice, walking out, and never returning. But I always stepped away, calm down, and realize that I needed to do things the right way. My life at bny was awful for the past year or so . I Hung in there until the right opportunity came along. I wish you luck with your decision!
I left the financial service industry and have a much happier environment now. It's a sad loss for BNYM, where I received high-level training and spent months in their leadership development program.
At least when I got a new job, my old work was left behind at BNY.
At BNY, they kept giving me new jobs and told me to keep doing my old jobs too.
That could happen at my new job, but could take a while.
So in that respect, new job is much, much better.