BNY reviews

3.4

54% would recommend to a friend

(13,841 total reviews)
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Robin Vince

61% approve of CEO

55% positive business outlook

BNY has an employee rating of 3.4 out of 5 stars, based on 13,841 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
Feb 6, 2018

Going downhill

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits used to be good but are slowly being stripped away. Vacation time is good.

Cons

Where do I start? Been here for 5 years and every day is worse than the day before. What a sham of a company. They pretend like employee focus is important, but it's a smoke in mirrors kind of game. All they care about are share holders, which coincidentally, happens to be a large portion of upper management, interesting, eh? And I like talents response on here to people's criticism,"we have a hire rate of hiring from within", yes because you pay internal hires SIGNIFICANTLY less than those who come from elsewhere. Give me a break.

1.0
Dec 9, 2017

Rats fleeing a sinking ship

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They offer 10k per year in tuition reimbursement each year, which covers about 1.5 semesters at Pitt each year. Nice way to get an MBA. Vacation is 2 weeks, but then you can buy a week. Plus you get bank holidays off.

Cons

It's ugly, guys. 15% of my department was laid off last week. They targeted mostly older people, people with families. Right before the holidays! I now have 35 clients that I am responsible for that I give incredibly crappy service to because I do not have any time to treat them well. I was really never trained, especially with new clients. It's always "Ok, by the way, you have to do XYZ starting today, figure it out yourself." I literally move millions of dollars around the globe every day, but they cannot spend any time or resources training us? Or afford to keep anyone around that has any idea of how to use the systems? Our clients still are paying way above market for increasingly terrible service. As of Monday, most of my job will be done in India, and I will most likely get 10+ new clients. It is unsustainable. People are walking out, every single person is actively looking for jobs, and most people start shouting obscenities at some point throughout the day. No one has taken a lunch in over a year, and no departments that we interact with are doing any better. Multiple groups are working Saturdays now, as well as daily overtime. Every single day, our systems are down. All of BNYM was unable to print for almost two weeks last month. Heck, our elevators don't even work! It's a rotten company, that is just taking a stronger nose dive down, instead of doing anything to help the situation out. And any employee that is bright, talented, ambitious, or hardworking? They will be gone within a year. BNYM is not interesting in cultivating talent. I asked my manager for growth and development opportunities, seeing as I am getting my MBA and am hardworking, talented and bright. She told me that I was too young, that I should stay in my current bad position for at least 2-3 more promotions before I move on. I'm pretty sure my department won't be in the USA in 2 years, let alone how long it would take to get a promotion in this company. When I showed her opportunities at BNYM that only required a bachelors, 2 years of experience, and a master's preferred, she told me that I was unqualified for such positions. How is that even possible? Half of the people I work with seem to be completely unaware of social norms. Yesterday, I heard an older white male colleague tell a much younger asian colleague that she should run for office. Wonderful, right? Except then he followed it up with, "I will be your campaign manager, and then tell everyone that you sexually harassed me, so you can fit in and be someone." I think this was a joke, but why does someone think that is even somewhat reasonable to say at work? This is the toxic environment you would find at BYNM.

1.0
Dec 6, 2017
Recommend
CEO approval
Business Outlook

Pros

Decent pay and good coworkers

Cons

Hired as full-time work from home, new CEO stopped all work from home. New CEO has caused allot of confusion on lower level. No clear understanding of vision. Lack of skilled management. Talked to my manager once in 3 months.

Viewing 208 - 210 of 13,841 Reviews

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