BNY reviews

3.4

54% would recommend to a friend

(13,840 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 13,840 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
Nov 23, 2014
Recommend
CEO approval
Business Outlook

Pros

The best part of working here is the depth of people as resources and experience. The caliber of talent is very high

Cons

Management style is more of a dictatorship that lacks true leadership and passion

2.0
Oct 13, 2014

It almost feels like office bullying.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Leaving at 5 p.m. Don't have much good to say when their managers seem to be trained to micro manage to a point where it's very nerve wracking. They tell you they want you to work as a team but they'll jump in your conversation with other coworkers when you ask a question to them, and tell you that it's in the procedure.

Cons

the biggest challenge is trying to deal with supervisors and management who are constantly sending themselves and members of the group instant messages telling us what we are doing wrong. It's a tool I think they're abusing and not creating a good atmosphere.

2.0
Sep 18, 2014
Recommend
CEO approval
Business Outlook

Pros

- The new hire training program for college recruit was extensive; the company heavily invested in the training and the staff that takes care of the newbies are very nice. (the managers couldn't care less, but the staff that works with us everyday are the best part of the company). - Not a terrible stepping stone. You can get a significant salary bump when you leave this place (but then again, partially because this place pays so low, one'd expect to learn more from this kind of pay but no... let me cover this in cons)

Cons

- what good is the 3 months training when they don't pair you up with departments/managers that actually leverage these skills? we learned about java, spring etc, yet i didn't get to use any of these until I leave the company for my current job. They train you like a developer but use you like a offshore support staff. - the training covers a lot of topic, but mostly covers a lot of topic to a shallow extent. YET the manager i was paired up expect me to be able to handle BXP (the internal platform) like an experienced resource, when we covered the topic for maybe 2 days in training. (of course the manager deserves most of the blame for this unrealistic expectation even though he claim to have been misinformed, because even if we had spent most or the entire training period on this, a college recruit is not going to be able to develop on the internal platform like an experienced resource with years of coding at the company -- and frankly if i could, would you still be paying me what you were paying me?!!!!) - but maybe the training dept could've communicated with the future dept better on the expectations, or paired ppl better. ----------- which brings me to point 3, the biggest con of my experience, was by far my manager. this has to be broken down to multiple parts. 3.1 When I mentioned unrealistic expectation above, I wasn't kidding. For the first few weeks I've been at his department, his instruction to me consists of 3 steps: 1. read it up; 2. figure it out; 3. teach it back to me. 3.2 When he can't meet deadlines or things get difficult on conference calls, he conveniently "forgets"/"not at all recall" things that he has explicitly said in the past, and throws people under the bus at any signs of trouble. 3.3 Ok this is half him and half the company, but I gonna count this on him because he knows how much (or how little) I get paid, so it's pure bull**** that he expect from me something that he should expect from someone paid twice as much as I did, be it experience level, willingness to work over time, availability late night and weekends. 3.4 Again this is half him and half the company, but omg the politics. Office politics are everywhere, but at my current job, my manager deals with it with external teams and never once throw the whole politics bs at his own developers. my ex-manager is another story. it was just a pain to put up with the politics within the group itself. no one ever takes any responsibility for themselves (modeled after the manager of course), everyone always throws everyone else off the bus at the first sign that makes them panic for themselves (and they panic a lot). I know this isn't the case with all the groups in bnym, my friend got matched up with a very nice group - she learns nothing and does no development, which is why she had to leave before I did, but at least the people in her group were nice. ergo I count this one on my ex-manager still. 4. While I in particular had an unfortunate experience, what I've found in general among the people from the training program is that, this is a job you might like if you're 50-something looking to retire. There's stability. But very little room for growth. If you are a young person out of a good college with aspirations, you might find waiting-for-retirement-with-people-decades-your-senior-yet-probably-the-same-level-as-you just a bit, what should i call it, soul-sucking. 5. Pittsburgh salary kinda sucks for CS people in general. The cost of living isn't THAT low considering downtown parking or downtown rental (it's low if you buy a house - again, good for older people, not good for young ones). If you have a cs degree at a target school, go for any coastal cities, they don't cost much more but will pay a lot more.

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