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      BNY

      Engaged Employer

      BNY reviews

      Worst company to work for - Assistant Vice President BNY Employee Review

      2.0
      Sep 4, 2014
      Assistant vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good people work for the company

      Cons

      I wasted 20 years of my career at this crap hole. There is no room for GROWTH and the PAY SUCKS OVERALL. This company is CHEAP!! Merit increases don't exist necessarily. Averaged LESS THAN 2% per year the past 8 - 10 years. And that's for employees with outstanding performance reviews. Talented employees are rarely recognized or rewarded for their efforts. Managers are promoted up until they are incompetent in their roles Health Benefits really SUCK because there aren't any choices. They only offer a Health Savings Account or a Health Reimbursement Account. The Corporate Culture is overbearing and at many times Tyrannical. A large percentage of the work-load is Red-Tape BS, rather than focusing on getting the job done right The company is controlled by the Risk & Compliance groups, making it very difficult to build the business

      Explore other reviews about BNY

      5.0
      May 6, 2026
      Senior associate
      Recommend
      CEO approval
      Business Outlook

      Pros

      Large company with internal mobility options

      Cons

      Very siloed divisions across the company

      1.0
      Apr 28, 2026
      Software engineer
      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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