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      BNY

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      BNY reviews

      Turnover is the only "growth" at BNY - Vice President Business Development BNY Employee Review

      1.0
      Sep 25, 2018
      Vice president business development
      Recommend
      CEO approval
      Business Outlook

      Pros

      If you have worked at any other major NY bank, this place is a cakewalk by comparison.

      Cons

      High turnover everywhere. Many high performing frontline people leaving. Hard to tell whether it was the uncompetitive comp, outdated tech infrastructure, packing people together like sardines downtown to save a few bucks or the mandatory stack ranking that did it. Its late in the business cycle, the markets are booming, and other firms are aggressively hiring to grow. People have options. Any surprise your best performers are walking out the door? Even GE who invented stack ranking abandoned it years ago.

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      1.0
      Apr 28, 2026
      Software engineer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Job only as good as immediate manager. Salary is Ok ish Benefit options are ok not great.

      Cons

      1) Retaliation is a way of life at this company going back to 2018 and becoming worse since 2) Mid level managers are very efficient at passively insulting the Teams they are responsible for. 3) It is nearly impossible to advance in the company. 4) When you try to post to another department - your Mid level manager will do the best to stop you from advancing. Some have close friends in HR that will even have you submit a new application in an attempt to accuse the other department of recruiting you. I have experienced this. 5) The only way to increase pay and experience is by leaving the company. 6) It use to be a culture of lets help others when there is a problem, now it is lets find who to blame for upper mangers rushing a project before all risks are identified. 7) If you are taking a new Job - professionally push for higher Salary once you are in raises will be very small.

      5
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