If you are looking for empowerment, BNY is not the place! - Analyst BNY Employee Review

1.0
Dec 21, 2019
Recommend
CEO approval
Business Outlook

Pros

Getting paid and driving away from work.

Cons

Managers, micro management, sign in/sign out sheets, outdated software, gossip, back biting, below expectations "scapegoat" 10% policy, having to inform your managers if you're interviewing with another department within BNY, and much more. Hopefully your managers like you, if not you can kiss any chance of getting into another department goodbye, they will block you from being hired in other departments within the company. Don't let those meaningless 1 on 1 meetings with your managers fool you, be very cautious of what you say. They only care about themselves. The mandatory "Below Expectations" 10% policy, is when at least 1 person in your department is given a "below expectation" rating on their mid year and end year review. If you're doing everything right, you to can be cast into the below expectations category, no one is safe, unless you are apart of your managers "teacher's pet" club., then you don't have anything to worry about. They want you at work all day!!! So make sure to spend as much time with your children before you get to work, because you will be stuck at your desk for long periods of time. You're lucky if you eat lunch!

Explore other reviews about BNY

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

1.0
Apr 28, 2026
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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