Not a place for young professionals - Manager BNY Employee Review

2.0
May 12, 2015
Recommend
CEO approval
Business Outlook

Pros

On the upside, its a great place to retire because senior managers usually leave before or around 5p.

Cons

For a young professional or mid-level executive, it is very hard corporate culture to adapt to. Most managers have been there for an average of 20-30+ years, but generally not the good ones. The pay is very much below market, the bonuses are terrible, the Company is very cheap (not even a free water cooler in most locations) and young talent is often overlooked as a result of poor management. There is also very little stability here in recent years, which makes it just not worth it in the long run.

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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