BNY reviews

High turnover Low employee morale Monotonous work Very low pay No motivation Too many levels of management, if you're in asset servicing it will take several years to get a 40k salary. If you want 1% annual raises you're coming to the right place. Company is beyond cheap, I worked in Pittsburgh and they tried making you buy plastic forks, spoons, etc if you didn't get anything from the cafeteria. Literally there was a sign listing the prices of silverware "$.02 fork, $.01 knife, etc." Google this: Forbes 2012 worst companies to work for and you'll find BNY at #10.

Senior management does not believe that employees below the senior levels are important to the overall company success and treats them as cogs to be replaced at will. The company routinely equates the cost of the government fines and loses they create with the number of lower level people they will need to fire.