BNY reviews

3.4

55% would recommend to a friend

(13,794 total reviews)
avatar

Robin Vince

62% approve of CEO

56% positive business outlook

BNY has an employee rating of 3.4 out of 5 stars, based on 13,794 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
Jan 12, 2024
Recommend
CEO approval
Business Outlook

Pros

There are no Pros to working at BNY Mellon

Cons

Terrible Raises and Compensation. Outsourcing is bringing this company down resulting in dissatisfied clients. Employee retention is very Low, Supervisors and Managers rarely interact with employees. They have a Platform called PEAKON to rate supervisors and the supervisors pressure you to rate them a 10 in all categories so they can receive acceptable compensation but when it come to them reviewing you they dont give you the same courtesy. Raises this year were around 1 %. What a joke !!! It seems like someone is quitting every week. They pride themselves on work life balance but it is nonexistent. If you have a choice do not work here but if you must get some experience then fly out of there as soon as you can.

1.0
Oct 23, 2019
Recommend
CEO approval
Business Outlook

Pros

These days... next to none.

Cons

Anything and everything. Worked at the bank for over a decade and things have hit a new low. Salary is below industry average, benefits are average at best and being cut every year. Employee morale and job security is worse than ever; even worse than during thew great recession. BNY expects us to train new employees in India who were hired to take our jobs, with a smile. They do vastly inferior work, but I suppose mediocrity is what BNY is fine with nowadays. All of the talented employees are fleeing as if they're scrambling for the last lifeboat left on the Titanic. The few of us left in the Florida offices are working longer hours, for less compensation, with no respect from management.

1.0
Jul 16, 2019

Run away and don't look back

Recommend
CEO approval
Business Outlook

Pros

Co workers,

Cons

Terrible leadership, forced ranking, no training, no advancement, instability, zero work life balance, empty promises, etc. Company motto is "do more with less". Need I say more?

Viewing 43 - 45 of 13,794 Reviews

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