BNY reviews

What do the items in the title have in common? None of them exist, especially pay for performance. Unless you consider a 1% raise adequate compensation for your efforts. On top of that you will have the pleasure of being forced ranked at review time. Here is what you need to know: Stay out of Fund accounting (CARS) at all costs. This group has been letting people leave without replacing them for years, as part of their cost saving strategy. Work is being sent to India left and right.Everyone there is on borrowed time and are acting like it. Many of the managers and especially the senior managers are playing out the string and will do anything not to rock the boat. If you make a mistake you will be treated like a mass murderer. You will be forced to come in during blizzards and work past 730 every night. Stay out of the third floor bathroom in Everett. It is an abomination. These people have no respect for their bodies much less their coworkers.

Poor management period. The people who do work hard, don't get promoted. Meanwhile, the people who do get promoted take their friends with them to the top when they shouldn't be. Horrible office politics. Very old school mentality. Horrible systems to work with and way too many of them, nothing is streamlined correctly. Pay is awful and is based on management discretion, which again they give out raises and bonuses to their favorites and are not based on merits or hard work. They tend to promote from within, even if there is no one who is fit for the job, instead of going outside of the company for someone with better skillsets - which leads to employee dissatification, resentment and overall laziness. They keep employees with horrible work attitudes and poor work performance instead of hiring new blood with better overall morale.