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      BNY

      Engaged Employer

      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

      Ratings by category

      3.8

      Diversity & inclusion

      3.4

      Work/Life balance

      3.3

      Culture & values

      3.3

      Compensation and benefits

      3.2

      Career opportunities

      2.9

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      14K reviews
      2.0
      Dec 13, 2009

      BNY Mellon minimizing IT presence in NY metro area in favor of Pittsburgh and Off Shore.

      It specialist/manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Decent Benefits package. Compensation plans between BNY and Mellon have not been fully 'merged', rumored that Pittsburgh (Mellon) still has a 'bonus' program that is not shared in NY (BNY). Organization is not forthcoming with information regarding this 'policy'. So if you are interviewing in Pittsburgh ask. If you are in IT you really won't be interviewing for a NY position, if by some chance you are- be very careful, get some kind of contract.

      Cons

      Since the merger the Bank of New York and the Mellon Corp things have been going downhill for NYC IT employees. Staff reductions (layoffs) are taking a toll, we have lost many valuable people and those that are left are being 'challenged' to do more (and more and more). Due to the loss of experience, tasks that previously took 2 days can now take more than 2 weeks. You can't replace years of experience with a month of training. Looks like IT jobs for this organization will soon be nonexistent in NYC except for the highest levels of management. They of course will not give up their NY digs and salaries.

      4.0
      Nov 24, 2009

      It's a good place to work - but don't expect rapid advancement.

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      I enjoy working at BNY Mellon. There is a a good work/life balance and my colleagues are friendly and professional. I feel the salaries are fair, and the benefits are good (but not great). It's a stable company that has done comparatively well in the recent financial downturn.

      Cons

      The biggest downside is the lack of financial awards for top performers. I feel the company does not satisfactorily identify the top performers and reward them accordingly. Over time you loose the incentive to do something amazing, because management does not seem to notice. I think the bonus pool is not sufficiently weighted to the top performers, but is distributed too evenly across all employees, regardless of performance. People tend to work here for a long time. This says something good about the company, but it can also reduce advancement opportunities. You have to look and work and ask for advancement in this company, and it doesn't come quickly.

      Viewing 13714 - 13716 of 13,795 Reviews
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      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.