BNY reviews

3.4

55% would recommend to a friend

(13,795 total reviews)
avatar

Robin Vince

62% approve of CEO

57% positive business outlook

BNY has an employee rating of 3.4 out of 5 stars, based on 13,795 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
Jan 4, 2019
Recommend
CEO approval
Business Outlook

Pros

Not many. If you want a job where you just chill all day then it's perfect. Some roles permit working from home which is nice. Kinda impossible to get fired unless you really do something awful.

Cons

Basically no raises. Even the base raise is less than inflation so you almost lose money each year. Always under staffed and of course under paid. Only good thing they had was tuition reimbursement but that's also gone. They try to prevent you from moving up or switching jobs. No real career path. Managers don't care. So much disconnect. Typical big bank bs. They nickel and dime everything. They literally took away the trash cans under our desk to save money. Since they were company owned trash cans, they had to pay someone to empty them so that was their grand plan to save money. Healthcare used to be good but of course not anymore. HR process is terrible. Very unresponsive. Some roles make you work holidays and try to pull a fast one by having you have a different day off instead of paying you the extra hours for coming in a day you're supposed to have off. If you get hired from external, they pay those people more for the same role compared to if you were to make an internal move. Quite mind boggling.

2.0
Nov 28, 2018

Serial Cost Cutting Company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Ability to work from home several days a week depending on your department. This perk mainly available to IT employees The company branch I work in is close to where I live so I have a short commute

Cons

Cutting costs overshadows every thing they do. The perception among most employees is they don’t care about them. They bring employees from India to the United States and expect American employees to train them so they can replace them The company recently received the Trump tax cut and no employee received a cent of the savings. Managements explanation for that is they put all the savings into technology improvements. Benefits are never comparable to those offered by companies in the area. They keep reducing them every open enrollment period

1.0
Oct 13, 2018

New CEO.

Recommend
CEO approval
Business Outlook

Pros

Exposure to several banking functions.

Cons

Management. New CEO is trying to prove himself. His first task at hand is to make this leaner firm even leaner. Rather than laying people off they are resorting to giving bad reviews to people and firing them. HR is watching the show. Company culture degraded quite a bit. There is excessive pressure on management to cut costs. CTO is making some very basic rookie mistakes. Their failed cloud strategy has become an industry case study. Expect the bank to go down soon. Will be a career suicide to join the firm at this juncture.

Viewing 64 - 66 of 13,795 Reviews

Glassdoor has 15,569 BNY reviews submitted anonymously by BNY employees. Read employee reviews and ratings on Glassdoor to decide if BNY is right for you.