The worst place. - Vice President BNY Employee Review

1.0
Oct 3, 2021
Recommend
CEO approval
Business Outlook

Pros

They offer decent base pay, although bonus is a joke.

Cons

Misleading statement on bonus when the job was offered. They asked the current bonus rate, and said "no problem, but we don't write or set the bonus rate." Later found that the bonus is way extremely low. They use very old technologies, and everything is politics and based on personal relationships. If you oppose to higher ranking employees, you'll be pushed out. Bad culture: people don't share information, lie and cheat. Everything is centered around the offshore, and it doesn't operate like US company. You'll have to work a lot of late hours and weekends.

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.

See reviews by: Helpful|Rating|Date|All