Thread regarding Bank of New York Mellon Corp. layoffs

Appraisal

Anyone had their appraisal? What is the % for BE vs. Other ratings?

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Post ID: @OP+ZytgpSf

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16 people are laid off in asset servicing today, I am one of them

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Post ID: @4fpm+ZytgpSf

I heard , few people are laid off today before even doing performance evaluation today.

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Post ID: @4pms+ZytgpSf

Blow you? Is that one of the new employee benefits? If so, count me in, I'll stay.

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Post ID: @3niz+ZytgpSf

If they give me BE rating again, they can blow me.

My review of myself is all that matters to me.

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Post ID: @3qwp+ZytgpSf

Expected guidance for the distribution of rating:

  • Extraordinary and Exceeded Expectations - 15 to 25 percent

  • Achieved Expectations - 60 to 70 percent

  • Below Expectations and Unsatisfactory - 10 percent

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Post ID: @vql+ZytgpSf

NE - 25% (NE = no expectations)

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Post ID: @ado+ZytgpSf

BE is 10%. Exceeds is 15-20%.

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Post ID: @jhl+ZytgpSf

For what it's worth (I'm no longer a BNY employee), my directive from up above was 20%

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Post ID: @ics+ZytgpSf

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