BNY reviews

3.4

55% would recommend to a friend

(13,802 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 13,802 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
Apr 19, 2017
Recommend
CEO approval
Business Outlook

Pros

Nice environment and nice people. on the whole, it is a civilized place to work. Good work/life balance. full benefits package dental/vision/health etc.

Cons

They keep firing everybody. You dont know from day to day if you have a job whether you have been there for 15 years or 15 days. Bureaucracy is insane to the point where you cant get anything done. IT is useless. Low salaries. Health insurance premiums are surprisingly expensive and take a big chunk out of your paycheck. company has a policy where you cant have a side job without formal permission - you can get fired if you work weekends at macy's or if you have a side gig fixing computers in your garage. I have never seen anyone successfully get another job within the bank.

1.0
Jun 1, 2016
Recommend
CEO approval
Business Outlook

Pros

Employees always try to do the right thing in spite of a lack of management direction. flexible work arrangements definitely a plus.

Cons

Sr. Management's approach to cost savings - Layoff! (strategy does not work) Employees are doing more with less help - Sr. Managements response., rate everyone a meets expectation! Sr. Management claims there is no bell curve in performance management system. Blatant lie! Low cost locations result in jobs being eliminated in Everett and Boston.

3.0
May 17, 2015
Recommend
CEO approval
Business Outlook

Pros

Benefits are good. Most coworkers are friendly, respectful and hard working giving there all for the company. Vacation time is good and they try to be flexible if you have doctor/dentist or family appointments..

Cons

Salaries are low for the industry. They hire temps and outsource work to India. Yearly raises are either 1% or nothing at all so don't expect to make any decent money at this company. Work can be stressful and overwhelming. There is a lot of pressure to be perfect. Upper management is out of touch with average employee. They seem to keep getting huge raises and bonuses and make way to much compensation for what they do. I am talking 300 - 400 times what an average employee makes.

Viewing 94 - 96 of 13,802 Reviews

Glassdoor has 15,576 BNY reviews submitted anonymously by BNY employees. Read employee reviews and ratings on Glassdoor to decide if BNY is right for you.