Hell in a handbasket - Trust Administrator BNY Employee Review

1.0
Jan 14, 2014
Recommend
CEO approval
Business Outlook

Pros

Good benefits package Minimal stock options for all employees

Cons

Extremely low pay compared to market Constant threats of layoffs (including having other companies tour and give bids of your office space while you are working) You WILL work more than 40 hours a week with no OT No upward mobility Poor company culture Rampid low employee morale Crazy hierarchy where you have multiple bosses

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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.

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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