BNY reviews

3.4

54% would recommend to a friend

(13,851 total reviews)
avatar

Robin Vince

61% approve of CEO

55% positive business outlook

BNY has an employee rating of 3.4 out of 5 stars, based on 13,851 company reviews on Glassdoor which indicates that most employees have a good working experience there. The BNY employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

14K reviews
2.0
Mar 18, 2021

Desired a Long-term Career Here, but...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- You can completely stop working at your scheduled finish time for the day. - Diverse workforce in every way possible (as good as this may be, the consequences are shared below) - Good benefits

Cons

If you are a recent grad or looking to progress in your career, you have more sensible options elsewhere. If you really need work experience, have an exit plan in case you join a team like mine. I state this first so that you will not have to waste valuable time that could have been invested in professional development at a firm that actually promotes that. Cons: - a theme of harboring incompetent employees and blatantly protecting them when they commit errors by pointing fingers at the new representatives (you must tolerate this treatment in order to comply with their 'diversity & inclusion' initiatives) - harboring technically incompetent employees for the sake of 'diversity & inclusion' (Does this even make sense at a firm that deals with people's money?) - definitely the lowest pay in the industry, but this may justify the "hire all then lay off all" nature of this institution - annual layoff season(s)...literally. And anyone regardless of tenure could be "chopped." - rampant outsourcing of roles

1.0
Feb 24, 2021

Stay Away

Recommend
CEO approval
Business Outlook

Pros

Benefits have improved over the past 5 years.

Cons

They care about the top 1%, they are cheap, and recently overly woke. They layoff 2x a year to keep the stockholders happy and only care about metrics .

2.0
Feb 17, 2021

Do not recommend

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Can't think of anything positive.

Cons

A shrinking company with constant layoffs, short term thinking and lack of strategic direction. Decisions are motivated by cronyism, politics, expediency and being "in" with the old boy networks.

Viewing 355 - 357 of 13,851 Reviews

Glassdoor has 15,630 BNY reviews submitted anonymously by BNY employees. Read employee reviews and ratings on Glassdoor to decide if BNY is right for you.