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BNY Mellon technology specific questions -
#0 How much max salary for grade K ?
#1 How long does it take to promote in bny from grade K to L ?
#2 Any specific criteria for promotion? Expr , certification etc...?
#3 How much % hike to expect post promotion ?
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I am a L7 and got a SAL hike this time which has resulted in my new base at 99K GBP. And including car allowance it goes to 104.75K GBP. Does this imply that I won’t get any further hikes if I am not promoted to L6 next year? Can anyone confirm the max salary band slab for CL7?
A10 - L6 is 105k starting (based on original bands) so they are pretty much top of the top of the band.
Speaking as a Talent Lead, unfortunately if I see you are top of range (v rare in the tool) I agree (though nothing since 2024 is bad). There are so many below or approaching market who are underpaid that also do a great job and have to prioritise some how with the pot we get.
It will say below market competitive, approaching market competitive, market competitive, above market competitive, top of range (along those lines). Apologies I am Ops/Song so can’t speak to what the Tech number would be, it’s also based on your job family, so it’s also worth ensuring you are correctly aligned there. Bonus should be less affected, but, they might still consider your total compensation against others. TP and sliders will play a role yes, and set the range of guidance for a talent lead to then move around.
It's because the bands are being lowered
Care to share your base pls
Have you got it confirmed from HR that it’s at the top of the range or is your PL just guessing?
OP - yes car allowance is 6.5k (sorry typo)
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What is your base + car allowance. Stop flirting. Let’s talk £££££
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Have responded SM1
Do we know what the bands are? Can someone share
Did you receive a one time bonus atleast?
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