BNY reviews

3.4

54% would recommend to a friend

(13,835 total reviews)
avatar

Robin Vince

61% approve of CEO

55% positive business outlook

BNY has an employee rating of 3.4 out of 5 stars, based on 13,835 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
May 23, 2025
Recommend
CEO approval
Business Outlook

Pros

Strong free Starbucks coffee and nice lobby in building

Cons

The Leadership in Engineering and Operations is awful at BNY. There is a lot of favoritism and mediocrity tolerated at all levels. The competent people get burnt out fast b/c they carry the weight and don’t get compensated fairly. I would recommend you think twice before taking a job at BNY. It’s a cesspit and a career graveyard. Layoff are also a recurring practice that makes everyone paranoid forcing them to develop “cutthroats” mentality.

1.0
Jan 16, 2025
Recommend
CEO approval
Business Outlook

Pros

Flexible work week. 3 days in office

Cons

The work environment is toxic due to a combination of poor management, lack of support, and extreme favoritism. Constructive feedback is rarely provided, and when it is, it often comes across as a personal attack, condescending or unprofessional. There is little to no room for growth or development, as promotions and recognition seemed to be based more on personal relationships than merit or competency. The same favorite people are the only ones introduced to new opportunities. This culture of negativity and favoritism not only affects morale but has led to high turnover rates, which further burdened the remaining staff and goes unnoticed. There has been change in the Regional Director but it’s the same toxic environment. They are not present or have a clue as to how things really are. There are three so called team leaders that are the driving force of the bad culture. I would not recommend this organization to anyone looking for a healthy, supportive, or professional workplace.

3.0
Sep 14, 2024
Recommend
CEO approval
Business Outlook

Pros

Opportunities to learn across a number of different platforms. Investing in technology and a concerted effort to reduce silos and focus on the client experience.

Cons

Still not paying what the Street pays. Since 2024 climate, not previously seen or experienced anywhere else, is borderline toxic. Layers upon layers of management brought in with a lot of Goldman talent, followed by layoffs of VPs/Directors to juniorize the firm. with little to now experience. A lot of operational roles being offshored.

Viewing 169 - 171 of 13,835 Reviews

Glassdoor has 15,614 BNY reviews submitted anonymously by BNY employees. Read employee reviews and ratings on Glassdoor to decide if BNY is right for you.