IT - Do not recommend - Anonymous employee BNY Employee Review

1.0
Nov 23, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Holidays and allotted vacation time. Ability to work from home.

Cons

Lower than cost of living raises and low, continually shrinking bonuses. No more long term equity incentives unless your close to the top of the house. I have been graded as a high performer each of my years here and the compensation is still terrible. Expected to always be on call wether weekends, holiday or on vacation. Long hours if you work in IT for a critical business application. Management does not care about the individual in any way, shape or form. You cannot progress in the company unless you have inside connections already established. All new positions being filled by outside candidates, no promotion from within. New floor plans at 240G are horrible. Picnic table style setup gives the feel of working in a warehouse style call center.

Explore other reviews about BNY

5.0
Apr 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent pay, Great people, laid back environment, and great managers.

Cons

Pay could be better honestly.

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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