When BNY Mellon took over the division that I left, the issues stated right away and progressively got worse. They started with our benefits and stated it was to "mimic" the industry standards, it was really just an scapegoat for them to reduce our benefits and screw us, in addition to that they added the "health" feature, stating that they want their employee's to be healthy, which is fine, except what about the folks who already have a pre existing condition? You are screwing with their benefits and making them pay more when they have no chance of being "healthy". Beyond that they start moving more and more of our position over seas using the rouse "global company" over and over, all the while stripping the jobs from the US and sending them overseas to a country that is already in turmoil, in a volatile region of the world all to save the bottom line. Management is horrible, communication is lacking (except for when they lie to you), the moral at BNY is the lowest I have ever seen it in 20 years of being in the Financial Industry. In addition to that, with the people that are left there, the management don't even recognize the people they have left, they leave them to do the job of 3, with absolutley no recognition or even a thank you. On top of all of that, with a majority of positions being moved overseas the ability to move to a different area of the company is nearly impossible. I applied to over 135 positions within the company and I was either ignored or rejected for every single one of them. SO, with that said, clearly the company does not care about job movement or advancement. It wasn't about not being qualified either, every position that was applied for was either the same level, or one grade above and still rejection after rejection. The Senior and Executive management only care about saving a buck, but that affects not only the employees, but the service their clients and customers are getting. When will they learn, once all their clients leave due to frustration and aggravation? I cannot in sound mind recommend BNY to anyone to work at, the lack of leadership, management and just basic compassion would make anyone quit. The founder of the company Alexander Hamilton would be ashamed of what the leadership of the company has done with his company and is legacy, not only to the point of treatment of the employees, but the fact that they send 90 percent of the work overseas to a desolate foreign country.
