BNY reviews

3.4

55% would recommend to a friend

(13,793 total reviews)
avatar

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
2.0
Feb 25, 2019

Need out

Recommend
CEO approval
Business Outlook

Pros

Don't have work to take home

Cons

High turnover, the hard working employees do not get rewarded but are relied on too much. No advancement because they are getting rid of all middle management positions. Very low salary compared to other companies. No communication from upper management, they just hide in their offices. Yearly raises are a complete joke. The hours suck, it's dark when you get to work and dark when you get out. No time to do anything before or after, forget about being able to schedule any doctor appointments.

1.0
Jan 21, 2025

Toxic + underpaying

Recommend
CEO approval
Business Outlook

Pros

- better wlb than some competitors (jp Morgan and Goldman sachs) - Decent 401k match -full match up to 7% base pay but only contributed once a year

Cons

- Toxic environment - heavy preferences for employees from one ethnic background - Large amount of offshoring. Management wants to run the company on low expenses even if revenue decreased. They try to lay off staff and either retire the role, shift their work on current employees or off shore to India/Poland - 401k match is only given in January for the previous year - PTO is not paid out when leaving the company - Company & most teams expect more than standard work week. Many employees work until 6-7 regularly - Tracking in office attendance, and hours connected to network. HR fires anyone who doesn't meet their in office requirements after 2 strikes. - HR firing employees who don't connect to company network x number of hours, with no warning - Little diversity in many groups - Severely underpaid (20-40%) compared to other financial services companies - Expectation to be in office 4 days soon - Constant threat of layoffs and downsizing. Saw 4 senior employees get laid off - Forced rankings - Not many career advancement opportunities

2.0
Sep 18, 2023

Goldman Sachs South

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are some really nice people in the lower middle management (and below) levels.

Cons

Hybrid? What a joke. They don’t mean it - it’s all about being in the office so that the new CEO call tell his buddies that he’s gotten people back in the office. Work product doesn’t matter, it is just all about “DEI Goals” and presentism. Not caring about what the knowledgeable people think is also a sign of trouble. They place little value on institutional knowledge and often make changes to employees without consulting with the employees’ managers.

Viewing 22 - 24 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.