Heard they are withholding them from everyone not getting atleast an overall of meet’s expectations
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@ab not the direct manager because my team was all put in for merit and those were magically removed later on
Some people didn’t have their reviews yet….
If partially met, it is at your managers discretion. For me, I gave my partial mets some bonus but no merit (but some partials will get some merit increase). If you get did not meet, you will get zero merit and zero bonus.
in the end its all managers discretion
The current standard practice, maybe some exceptions, is below meets means no merit, no bonus, PIP and likely terminated without severance or minimal severance in 2026. I do know a couple of people that survived in 2025 after PIP and are still there but they are in the minority. As everyone on here knows by now the so called performance ratings below meets are bogus. Anyone who was really not performing is gone by now with few exceptions. Plenty of others simply being pushed out with so called ‘performance’ as the guise. Bad situation and not sustainable. 2026 will be awful. After that, may get better. I personally worked there a long time and had to engage an attorney to get paid severance. They cave pretty quickly if come at them with a valid legal argument or even an alleged one. BNY has no good in house attorneys. They were all axed too.
I believe it