Not the Company it Once Was, Sadly - Marketing and Communications Lead BNY Employee Review

2.0
Feb 4, 2022
Recommend
CEO approval
Business Outlook

Pros

Opportunities for hands-on experience at all levels (partly because they are so understaffed), often more than at similar companies. Accountabilities expand on an ongoing basis, which can be good for one’s resume (but they won’t compensate you for it).

Cons

Revenue not growing so shareholder returns are coming largely from staff cuts, compensation cuts and benefit cuts. Culture has significantly degraded last few years. Policy is to rate 10 percent of employee Below Expectations and manage them out, and good managers who have built high-performing teams still have to find people to rate BE and to eliminate on a rolling basis. Think Lord of the Flies. Bad behavior among EC tolerated to a much greater degree than it used to be or is in a good company. EC has become increasingly dysfunctional in recent years, with almost everyone using their jobs as stepping stones vs. building sustainable value for the company. EC member responsible for our group badmouthed most of his own people. Long-time employees not presently valued, and most long careers there end on an ugly note. HR poorly resourced and run. Former employees should expect to spend lots of time fighting for everything they’ve earned.

Explore other reviews about BNY

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Great company match at BNY

Cons

In the office 4 days a week

3.0
Jun 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Bny has a good culture

Cons

Bny pays below market average

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