BNY reviews

3.4

55% would recommend to a friend

(13,794 total reviews)
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Robin Vince

62% approve of CEO

56% positive business outlook

BNY has an employee rating of 3.4 out of 5 stars, based on 13,794 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
3.0
Dec 17, 2008
Recommend
CEO approval
Business Outlook

Pros

Mellon is an ok place to work. The starting salary is good, and the benefits are not bad either. My managers are very flexible as far as time off and not over extending too much past the 40 hour work week. The workload is reasonable.

Cons

Career development. Once you start working in a position it is very hard to get promoted up. They also tend to not give anything but the bare minimum for raises. Also because its a financial company, when the economy sucks, brace yourself as layoffs could be around the corner.

3.0
Dec 11, 2008
Recommend
CEO approval
Business Outlook

Pros

Within trust area, strategic decision making was not sound. I was there during a very difficult period for the industry and business. For instance, acquistion of JPMorgan's trust business was probably too big for the management team at BNY to handle. This then resulted in high turnover in both junior and senior management ranks and drift in strategy.

Cons

Finding its footing during and after the 2008 financial crisis is going to be very distracting. This is especially true in the trust area.

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