Fostering an Engaged Workforce
Whether through extensive training, new online development tools, one-on-one time with managers, or participating in our affinity networks, the message is clear — at BNY Mellon, we are invested in our employees.
Engaging Our Employees
In spite of the incredible challenges during the global financial crisis of the past two years, BNY Mellon achieved 1st quartile results for employee engagement, relative to the Boston Consulting Group database of 107 companies globally, 21 of whom are within financial services. We achieved this one year ahead of our goal. Survey measures that received some of the highest positive ratings in 2009 are:
- I am proud to work for this company
- Employees with diverse backgrounds are valued
- It is a safe environment in which to question potentially improper activities
; "View 2009 Global Employment by Business")
Employee Development
BNY Mellon is fully committed to supporting the ongoing development of all of its employees, whether full-time or part-time, in all areas of operation and levels of the company.
Training: In 2009, employees spent more than 1.1 million student hours of training, which equates to an average of 25 hours of formal training per employee worldwide.
Performance Management: In 2009, we completed the global implementation of MyPerformance, a computer-based application which supports our Performance Management Plan (PMP) process. Performance management, however, is more than merely a tool or electronic filing cabinet at BNY Mellon. It's all about the conversation. There is nothing more important than regular dialogue between individuals and their managers. It is the cornerstone of our performance-based culture.
Diversity and Inclusion
Affinity Networks: We believe that all employees play an equal role in fostering a culture of inclusion. One of our 2009 goals, as an integral part of our overall diversity and inclusion objectives, was to support the global expansion of our four affinity networks: WIN, our Women's Initiative Network; IMPACT, focused on bringing together people from multicultural backgrounds; Prism, which as an affinity network works to promote an open and supportive environment for all lesbian, gay, bisexual and transgender (LGBT) employees; and HEART, which promotes awareness of the needs of those with disabilities.
Diversity of Leadership: As we reflect on our increasingly global workforce at BNY Mellon, it is with pride that we can report that our Executive Committee, Operating Committee and Regional Operating Committees consist of individuals who were born or raised in more than 39 different countries around the globe. This diversity of leadership is incredibly important to us in terms of inspiring our global workforce and understanding the needs of our clients in a global economy.
