A confused future - Anonymous employee BNY Employee Review

3.0
Jan 20, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It seems the US want to take back more control since Brent decision. Lots of job cuts / costs savings = share price finally went up.

Cons

May find that mid 2017 they lost too many good employees and to fill the gap will hire lots of contracters for triple the cost. Or send even more offshore.

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5.0
May 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Good work environment and people

Cons

Difficult to switch roles or departments

4.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

There is real opportunity for career and skill growth. The company runs short on head count, so people willing to take on more responsibilities have avenues to progress. However, you will need to force the issue for promotions & large salary increases after you prove your capabilities. Realistically it'll take an external counteroffer to move the needle.

Cons

It's a large bank and you're a number in the system. If your NPV is positive you'll stay, else you'll be laid off. This includes both scenarios you control and those you don't. Ex. You control your performance, in office time and networking You don't control if your location is a strategic growth site, if a major client goes with a competitor, or if you'd be impacted by a general company-wide layoff plan.

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