BNY reviews

3.4

54% would recommend to a friend

(13,855 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 13,855 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
Mar 23, 2015

One word: Titanic

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The kind, hard working, unappreciated employees who will go out of their way to help you when you need it. Nothing else. For the rest of my review of this company see below.

Cons

This company is a sinking ship. Plain and simple. Everyone is trying to jump off before it goes completely under. Management makes no effort to change their ways and that's the problem. They think there aren't any problems, everything is perfectly fine, and all the employees are completely happy. False. If you read pretty much any and all the reviews on this site you know that EVERYONE is unhappy.

1.0
Mar 13, 2015
Recommend
CEO approval
Business Outlook

Pros

Many nice people, place just got remodeled.

Cons

Where do I begin. In Chicago at least, you have to ask yourself why the following positions have been continuously reposted for at least the past five years: Mail Opener III Module Processor II Itrans Operator IBML Operator II Data Entry Opr III Expeditor II This facility does operate 3 shifts but there is no huge expansion going on. These positions are a revolving door and for good reason. If you speak English, you will have a hard time working here. This is not a joke. The majority of the employees here are not U.S. Citizens. You draw your own conclusions as to how the hiring goes on here. It's my guess that I was hired with a group that was meant to comply with EEO standards since our group filled in racial gaps that were a very small minority here. Besides this, the operation itself is run like something out of the actual Orwellian state- 1984 movie. "Cameras" are everywhere even in the cafeteria. The whole operation is as outdated as the old fashioned telephone switchboard operation. God forbid you get stuck with the dehumanized position of Mail Opener or Module Processor. You are honestly better off working at any fast-food restaurant; at least there you still feel like you have some opportunity and freedom for creativity. To be fair, the upper management did try to make this place feel more comfortable by hosting some nice events such as a Christmas party and other ethnic supportive events. But they seem to be blinded by the norms of this organization and overlook many of the issues. One being that this place is micro-managed by productivity standards that are flawed. It was a known fact by management that many experienced employees were manipulating their numbers by selecting only certain "work types". These are the same standards that were used for terminating many employees, hence the revolving door. I honestly do not even understand why this place still exists. Working in Lockbox is the gutter of any financial institution. By now you would think they would've figured out a way to convert this whole process electronically either by force or incentive. The fact that this has not been done yet is evidence of this organization's lack for innovation or leadership. We will be sending people to Mars in about 10 years, meanwhile this place will still be processing envelope payments by hand with anyone willing to work for crumbs.

2.0
Mar 5, 2015
Recommend
CEO approval
Business Outlook

Pros

Great starting vacation, flexible work schedule, telecommuting, relaxed culture, very smart and kind people, tons of potential to be an excellent work environment.

Cons

Management, attrition rate, talent retention, communication from management, raises, personal and technical development, corporate politics

Viewing 442 - 444 of 13,855 Reviews

Glassdoor has 15,635 BNY reviews submitted anonymously by BNY employees. Read employee reviews and ratings on Glassdoor to decide if BNY is right for you.