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
Sep 4, 2025

Sad place to work

Recommend
CEO approval
Business Outlook

Pros

The clients. I loved working with the clients.

Cons

Incredibly poor leadership and management within Wealth Management business during my time. Leadership demonstrated a complete absence of understanding for (or interest in) the realities of the company as it went about imposing its vision for the future. The narcissism and self-interest at the top directly and indirectly drove huge amounts of turnover over a five-year period, which resulted in the loss of critically valuable institutional knowledge. This cultural cleansing of those representing yesteryear paved the way for incoming hires who, while often well intentioned, were tasked with implementing the un-implementable. Inevitably, teams would run time and time again into dead-end initiatives. The resulting U-turns and pivots led a constant stream of contradictory top-down messaging, wasted hours and total disillusionment among staff. Regrettably, as the business continues to atrophy, there remain many good people at the company. They deserve better.

1.0
May 27, 2025

PR is Great - Downhill From There

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Name Recognition. Sounds great on paper "BNY". They have successfully interjected themselves into the global conversation.

Cons

Every code deployment is a giant CF. Own worst enemy. Salary sucks. Projects are all over the place, and there is no real direction. Off-shore (India) can do no wrong. USA employees are left twisting in the wind. If you are lucky enough to be in a office where you actually have team members with you, it can be somewhat of a positive experience.

3.0
Mar 30, 2025
Recommend
CEO approval
Business Outlook

Pros

1. It is a company with very long history and it is famous. This is a great working experience to put on the resume. You can learn a lot in BNY. 2. The WLB for my position is good. The deadline is generally not too tight and the workload is not too much. 3. 401K match is 7% employer match when onboarding which is high comparing to other companies. 4. Most of the colleagues I worked with are pretty talented. 5. The company is very focused on implementing new technology especially AI. BNY has internal AI tools. This increased the efficiency of daily work.

Cons

1. Constant layoff: the management team keeps cutting the headcounts in the US offices and put the position in India offices to save money. There are constant layoff each year or even each quarter. So the job security is a big problem if you want to join the US offices. Employees are worried about laying off. 2. Constant reorganization in my team: It caused a lot of chaos and reduced the efficiency and even the management team does not know what they should do after reorg. 3. The culture of some teams that I know and worked with are not good. 4. Medical plan: the medical plan is not good. The coverage for the HSA plan is too low and there is no HSA employer contribution. 5 The salary is kind of low comparing to similar size banks. The annual salary increase is low like 1-2% of total salary. The annual bonus is low as well.

Viewing 241 - 243 of 13,841 Reviews

Glassdoor has 15,619 BNY reviews submitted anonymously by BNY employees. Read employee reviews and ratings on Glassdoor to decide if BNY is right for you.