BNY reviews

3.4

55% would recommend to a friend

(13,793 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 13,793 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
Dec 24, 2023
Recommend
CEO approval
Business Outlook

Pros

The 16 week parental leave policy, 7% 401k match, and vacation are great benefits. The terms around the benefits are getting worse each year, but these specific benefits themselves are still good.

Cons

The culture isn't great regardless of where you sit in the organization. Both middle management and top management are getting worse year after year. I have worked in several separate lines of business over my time with BNYM and each had its different styles of working and personalities, but all were toxic environments. If you do find one of the few smaller pockets with a good management hierarchy, you may want to stay in it, but then you are limiting yourself with opportunity and a higher salary which is already below market average compared to similar roles in the same cities.

1.0
May 31, 2023
Recommend
CEO approval
Business Outlook

Pros

It's a steady paycheck. Some of the people are very nice, even if not the sharpest blades in the shop.

Cons

Company learned nothing from the pandemic -- now forcing everyone back to the office despite all evidence that it will reduce productivity and efficiency. Micromanagement and rule by committee are the order of the day. Some of the most productive areas are chronically understaffed and under budgeted. New "digital" and "X" units are populated by poseurs and charlatans delivering substandard products and vaporware. Stacked ranking and ongoing layoffs lead to perverse outcomes and unfair division of labor.

2.0
Jun 22, 2019

Train Wreck

Recommend
CEO approval
Business Outlook

Pros

Good benefits, big company recognition

Cons

1. Toxic work environment, constant layoffs 2. 'do a lot more with less' philosophy. 3. Frequent weekend/evening work. zero career progression 4. Expect major audit/security issues in the next few years as the bank is running with a lot less employees than it should have. Everyone is overworked, rushed and frustrated - great recipe for disaster. 5. Charlie is still clueless - as he was since day one.

Viewing 10 - 12 of 13,793 Reviews

Glassdoor has 15,565 BNY reviews submitted anonymously by BNY employees. Read employee reviews and ratings on Glassdoor to decide if BNY is right for you.