Work from anywhere reduced from 80 hours to 64 hours for next year. No more additional days purchased vacations. If i don't laugh, I'll cry..
someone plz tell me i read that email wrong
74 replies (most recent on top)
@b1
Lazy peons? What an ignorant, insensitive, rude and meat headed post. It may surprise you to believe that some people believed in this company’s mission until recently. It may surprise you that some people enjoy what they do and should be able to enjoy good treatment - and aren’t. This was once a great company to devote your career to. And most of all, not everyone can just pack up and leave every few years. Not to mention that the job market is still cold. People want stability in their lives and not job hopping every few years. It doesnt make them peons. It makes them people who want a long term relationship. I would ask you to think about this but you are clearly thoughtless.
I know many that have left and got way better jobs. All that is left now are lazy , incompetent, lifers that are biding time thinking they are going to get severance for their long time here. Newsflash you aren't. They are going to do whatever they can to keep making you miserable until you leave but you wont leave because you can't. You have 0 skills outside of mellon.
The bottom line is they want you here, not happy.
@a1+1k8k2z46a Except those of us that follow NASDAQ hours will not see this extra holiday for Veterans Day. If they let us have off on Good Friday since they took that away from us because of Juneteenth that would be a plus for me.
If you are working at this s-h-i-t-t-y company for 20 years, you are the problem.
@aw you keep 25 vac but are losing personal days. 28 becomes 25. Those about to get their 5th week will get 23 days so a loss of 2 days
The only “good” thing is if you already have more vacation days than the new standard, you are grandfathered and keep those days. But definitely stinks for those who expected another 5 days in the next year or two due to a service anniversary.
@at Leadership speaks with forked tongue on every policy matter that has associate impact. Leadership must understand and respond to associate concerns regarding their mixed messaging; otherwise trust and morale will continue to degrade under their failed governance and stewardship.
- crucial for us to have an open discussion and hear from our senior leaders about these policies and their potential impact on our teams and overall morale*
What company do you work for? Because it certainly isn’t BNY. There is nothing to discuss because the leadership does not want to discuss. It is by design to get you to leave.
We need to address the concerns regarding the recent trend of more restrictive Return-to-Office (RTO) policies from the People Team. These increasingly stringent policies are designed to exert more control over employee work-life balance, possibly leading to psychological pressure and encouraging voluntary resignations without severance, especially among our more experienced associates.
We've already seen a rise in the number of badge swipes required weekly, monthly, and quarterly. Additionally, the introduction of forced rankings, which classify 25% of associates as non-performing and below expectations, and the reduction in Work From Anywhere (WFA) options and changes to personal days, appear to be part of a deliberate, calculated strategy to increase turnover, reduce headcount quickly, cut costs, and accelerate strategic alignment.
It's crucial for us to have an open discussion and hear from our senior leaders about these policies and their potential impact on our teams and overall morale. To do otherwise is a breach of ethics and responsible governance.
Yeah I'm bracing for the benefits and bonus bs
Wait till you see the benefit changes. Increase in price, GLP-1 requires being in some mandatory company program.
And our “raises?” Won’t even make up for inflation and additional travel to the office.
@aj no they would have had 25 days plus 3 floating holidays. Now its only 23 days no floating holidays. So 5 less days given.
- They don’t see how these changes disproportionately affect those who’ve dedicated their careers here, the same employees they rely on to solve complex issues, answer tough questions, and carry institutional knowledge. *
Oh, yes they do see. They want that disproportion. Seniority is not only discouraged here, it is being phased out and quiet banned. Older, experienced, business and institution savvy people are viewed as larger expenses that demand more benefits. RV disciples think these people chew up company money matches on savings and health benefits. Younger people with no families , who will not stay here more than 3 to 5 years in a ‘one size fits all’, is where this is all going. Oh and they do not need purchased vacation in the RV mindset.
Who came up with this idea? Their name should be mud. There is no reason for anyone with lengthy service to work here. What's next? Hall passes for the restroom.
carry over days are next to go probably
@a7 you would have had 25 days at 20 yrs. Now you have 23.
Why This Change Isn’t “Better for Everyone”
Currently in a chat with fellow managers, and I’m struck by how casually some are dismissing the impact of this change. “It’s not a big deal, it’s better for employees.” But here’s the thing: the loudest voices saying this have less than 10 years with the company.
They don’t see how these changes disproportionately affect those who’ve dedicated their careers here, the same employees they rely on to solve complex issues, answer tough questions, and carry institutional knowledge.
It’s disheartening to witness how quickly empathy gets replaced by entitlement. Too often, the mindset is: “If it doesn’t impact me directly, it doesn’t matter.” That’s not leadership. That’s self-interest.
Sometimes I hate how being in management means seeing this up close. We can and should do better.
Guess it's time to be "sick" because I never use all sick/safe time...but now I will
A policy problem Robin and Shannon need to tackle fast.
When employees are required to repay vacation days they’ve taken but haven’t yet accrued, it creates a conundrum. most won’t risk scheduling time off until those hours are officially banked. Why? Because if the company, whose reputation isn’t exactly squeaky clean, were to terminate them, they’d be on the hook financially.
Since vacation accrual only happens twice a month, this delay means a large number of employees could reasonably argue they need to wait until after Christmas to schedule time off. And if everyone starts pushing back and only booking once their time is banked? That’s a sh-t show for sure. Good luck to the managers trying to navigate that mess and not having proper staffing capacity at year end.
Seems like the only new benefit is 1 additional holiday. If you already had 20 vacation days to start, it’s kind of a wash. They basically moved 3 floating holidays + 2 WFA days into the vacation bank.
@a7 so sorry. Looks like it.
I am curious, how does taking away purchased vacation time save the company money? It was coming from our salaries. Now people will just use their sick time as vacation time that we used to leave on the table unusued. That will cost them money. Just like people will start taking leave of absences rather than get a special accommodation to work from home after a surgery. sounds like it will cost them more money this way.
UK less volunteer days so only gIven 1 day to work for a chairty per year. Less money to the charity down from $25 per hour to $10 and the maximum gone down from $3000 to $500.
Cant buy leave so now 4 days less per year.
Less work from anywhere.
It looks like they took away the floating holidays/personal days
@a1 its not an extra holiday cause its one of two taken from us when we got Juneteenth. All theyre doing is giving it back
@a4 — slightly more vacation days, and 1 additional holiday.. that being said, the rest is all bad newe
WFA reduced by 16 hours — Bad 😤
No more Purchased Vacation — Bad 😡
I’ll be coming on 20 years milestone and I just missed my extra 5 days. Is this true?
25 or 23 days sounds good on paper, but many at this company are forced to take a two consecutive week vacation.
So we only get 15 to 13 days for vacation.
The only thing I rolled my eyes at was their sly move with consecutive WFA. Interesting still no "official" mention of mandatory amount of hours in office.
@a3 please kindly spell out the good news.
Not everything is bad, there’s some good news and bad news
WFA must be taken in 2 consecutive workday increments. Does Friday and Monday count as consecutive?
25 days of vacation do not sound bad to me plus an extra holiday.
We all know this company is sketchy AF, but this did not seem bad to me, apart from not having the 3 floating holidays available immediately.