BNY reviews

3.4

54% would recommend to a friend

(13,854 total reviews)
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Robin Vince

61% approve of CEO

55% positive business outlook

BNY has an employee rating of 3.4 out of 5 stars, based on 13,854 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
1.0
May 20, 2017

Stay away

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

no expectations of performance. the company's business model only relies on gains from interest rates.

Cons

favoritism runs rampant at this firm. managers can knock up employees with no repercussions, clients are treated very badly (case in point the bridgewater outsourcing debacle), promotions/pay raises are only obtained after 1-2 years of nagging. you are made to feel that you are lucky to have a job and can be replaced at any minute

2.0
Apr 17, 2017
Recommend
CEO approval
Business Outlook

Pros

Work From Home: A good place to work if you need WFH options. They allow WFH as needed or scheduled days. Campus: Convient, right off 95, & nice campus with decent cafeteria, gym, & walkable trails Attire: Jeans are acceptable

Cons

Poor Release Planning: Too many maintenance releases not allowing adequate time to focus on new releases from dev/qa perspective. Trying to cram too much into certain releases not allowing enough time to develop with quality and properly test. Last minute changes to design without forethought of impact to development, testing, while making an effort to keep dates leading to poor quality in development and inability to properly test in a quality manner. No Team: Across the organization people don't work together for the most part. This is bad on many levels, but mostly communication across teams and projects. Within teams people don't work together. You come in, sit down, do your work, leave. Few take time for lunch together as most feel they can't due to work load...adding to 0 sense of team. This can make it hard for new people, as training for new people is very poor. They can feel isolated. Everybody is so busy and overwhelmed with work, you feel bad asking questions. Poor Management: When ideas for improvement are brought forth to management they are set aside and no change ever takes place. Improvements are not prioritized due to managment being overwhelmed by the over promises to clients. The way things are done in 2017 are the same way things have been done for the last 5-10 years. Team meetings consist of going over all the different release dates only and if people are on target to meet their dates. People rarely say no for fear of pushback Work loads can be drastically different from person to person. They don't appear to be equitably spread. Seems like meeting dates and how much you cram in is more important than a focus on quality product.

3.0
Mar 3, 2017
Recommend
CEO approval
Business Outlook

Pros

Stable company. I like the people and the corporate environment.

Cons

Promotions are nonexistent. salaries do not reflect market. Corporate Trust division elimated grade level (i) 65-74k salary range. im an H level. My next jump is level J which is challenging to obtain. Salary increases are 2% or lower no matter the work effort within the client service management position. Give. the information, the company has forced my hand to look elsewhere regrettably.

Viewing 409 - 411 of 13,854 Reviews

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