Avoid this place - Anonymous employee BNY Employee Review

1.0
Nov 6, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

IF you work in NYC you're safe.

Cons

There's a big focus on centralizing technology in NYC. There's also a move to force all work from home employees back in the office. Layoffs are constant and secretive, even though there are plenty of open requisitions. It's a constant cycle of hire and fire. There is also rampant discrimination and setups for poor performance to justify letting individuals go. These guys have no values. I should've listened to the advice I received prior to joining BNYM. They have a bad reputation.

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5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

3.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

After the latest re-structuring and going agile, I don't find any. But before, a stable bank with a good book of work. Positive environment with support from your colleagues. Industry standard medical plan and vacations.

Cons

Bonuses and salary raises are hugely dependent on who you know in the senior management and how they perceive you rather than what you actually delivered.

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