BNY reviews

3.4

55% would recommend to a friend

(13,793 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 13,793 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
1.0
Aug 17, 2012
Recommend
CEO approval
Business Outlook

Pros

I developed some great friendships with some great people who are all in the same boat here. That's it. 9 out of 10 people I know here want out. It's that bad.

Cons

Most people make below $40k, and when I say "below", I mean on average $36k. It is nearly impossible to break that number here in any reasonable amount of time,a nd on't even think of trying to start at 40k. I've been here for a handful of years (enough to know this is offiically a dead end), have a college degree, and I'm still sub-40k, hence my leaving asap. Raises have been cut over and over. I am now just around 1.5% per year. In other words, my raise is less than the increases in my medical insurance, gas and tolls, all individually compared to the raise, every year. I, as well as others I know, have asked for raises based on positive, gleaming and flawless performance reviews. Not happening. I even asked for a single level promotion with no money increase just so I could have it on my resume. Nope. They never have the money, but they keep wheeling temps in here and giving half of them permanent positions. No corporate culture. There were employee engagement activities in the past, but they have all been cut. We get a desk calendar and a t-shirt that we don't need if we're lucky. Oh, and pizza once a year. We'd all rather just have the $5 in our pockets. Pershing is on-site in the same building as us. We are separated by a wall for compliance issues, but it is more like a socio-economic divide experiment, as they all make considerably more than us and still get an actual holiday party with liquor and real food after hours. We get some italian takeout and soda at lunchtime when it's our turn. Definitely the 2nd class citizens here. The same people seem to get promoted over and over. Others have noticed it as well, and it is very, very odd. I could go on and on. Bottom line, you don't want to work here unless your lifestyle is bare bones simple and you can afford to work for mid- $30's for a long time. If you have student loans and aren't on public assistance then look elsewhere. Most people here, including managers, work two jobs to get by.

2.0
Dec 5, 2025
Recommend
CEO approval
Business Outlook

Pros

This is a comparatively big shop. If you are fresh graduate, and self- starter, you can find a lot of resources and learning opportunities, but you have to find it by yourself. There are a lot of changes/initiatives going on, most of them are not value added to the firm, But, as a fresh graduate or early mid-career professional, these are great opportunities for you to participate, learn some new techs, and most importantly, put on your resume, be ready for your next move.

Cons

In recent years, this company has hired a lot of ex-goldman redundancies, and onboarded a consulting firm to overhaul the company structure. A lot of confusions and inconsistencies have been created out of current initiatives, along with “strategic” offshoring workforce overseas by relentlessly laying off good/experienced domestic employees. As a result, the moral, productivity and operational accuracy have been seriously affected and work environment has become very toxic.

Viewing 13 - 15 of 13,793 Reviews

Glassdoor has 15,566 BNY reviews submitted anonymously by BNY employees. Read employee reviews and ratings on Glassdoor to decide if BNY is right for you.