Was a good place to work only for stability, not anymore.... - Anonymous employee BNY Employee Review

3.0
Mar 20, 2010
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There is a good work/life balance here. It's great if you're furthering your education, or have kids, etc. and need a more flexible work schedule. The 401k plan isn't too bad either.

Cons

The compensation is well under market rate. The bonus is a joke. It used to be a good place to work just because your job was almost "guaranteed" but now that they're now very actively outsourcing whole and parts of departments to cheaper cities in the US & overseas, there really is not much benefit to working here. The focus is ONLY on client service to the exclusion of the employee. If your job can be done cheaper anywhere else in the world, your time at this company is limited .

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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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