Great pay but at what cost... - Director, Digital Strategy BNY Employee Review

3.0
Sep 8, 2021
Recommend
CEO approval
Business Outlook

Pros

Great pay, good work/life balance, nice employee perks (typical of any large bank), internal mobility works well if you are a good networker

Cons

Poor leadership - I've had 5 bosses in 2 years, none of whom helped me develop my career, which was incredibly disappointing. The company is constantly restructuring and has high turnover so it's difficult to feel like part of a "family" here. Also very siloed org / difficult to be innovative (although we claim that we are)

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.

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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