Compensation negotiation in BNY Mellon Digital

Jet.com
h0bb1t

Go to company page Jet.com

BIO
I love learning, and building companies. I am passionate about Machine Learning.
h0bb1t
Jun 22, 2019 10 Comments

I have 15 years experience and I have been offered a Director level position at BNY Mellon in the digital transformation initiative. They have clearly made a low offer and are expecting me to negotiate. What sort of compensation do others have in this position?

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TOP 10 Comments
  • Jet.com
    h0bb1t

    Go to company page Jet.com

    BIO
    I love learning, and building companies. I am passionate about Machine Learning.
    h0bb1t
    OP
    Anyone from BNY Mellon here?
    Jun 25, 2019 2
    • Yeah, in general the pay is said to be low and the health care package is meh. There’s also a hell of a lot of layoffs right now and the CIO has openly talked about pruning large numbers of employees.

      My own observations: there’s so much red tape at the bank that it’s really hard to innovate. Anything daring you may volunteer for is going require stuff filled out in triplicate months in advance, but you’ll still be held accountable to a daring sort of schedule defined in deadlines a lot sooner. And since they’ve cut IT operations support staff by insane levels, expect long turnaround times waiting for any computers that breaks on you or your team to be repaired.

      If you’re between jobs, take the job. But I’d say it’s not a place I’d risk giving up a secure job on the promised payoff of “an amazing opportunity”.
      Jun 28, 2019
    • If you are in between jobs, then accept it. Otherwise please continue your search. Massive waves of layoffs are coming. Firm is in cost cutting mode. There are much better firms out there.
      Aug 27, 2019
  • Jet.com
    h0bb1t

    Go to company page Jet.com

    BIO
    I love learning, and building companies. I am passionate about Machine Learning.
    h0bb1t
    OP
    300k
    Jun 22, 2019 0
  • Amazon
    yous

    Go to company page Amazon

    yous
    How’s jet? Was considering an offer from store no 8
    Jun 22, 2019 1
    • Jet.com
      h0bb1t

      Go to company page Jet.com

      BIO
      I love learning, and building companies. I am passionate about Machine Learning.
      h0bb1t
      OP
      Really awesome people! however there is lack of central technological vision.
      Also there is competition from all the sub companies within Walmart: wmt labs Jet etc
      Jun 22, 2019
  • $250k for M level
    Apr 3 0
  • JPMorgan Chase / Eng
    SnYB10

    Go to company page JPMorgan Chase Eng

    PRE
    Goldman Sachs
    SnYB10
    What was the offer?
    Apr 22, 2021 0