Hard to find a reason to stay here - Cost Accountant BNY Employee Review

1.0
Jan 18, 2023
Recommend
CEO approval
Business Outlook

Pros

Generous number of vacation days.

Cons

The low pay used to be justified via a stable job environment with strong work/ life balance. But with all the cost cutting, most teams are drowning in work and senior management turns a blind eye. Benefits have gotten worse each year as things have slowly been getting taken away. Senior management has high turnover which stifle your career growth overnight despite previous years of added value. Culturally, BNYM is about 10’years behind everyone else in technology, infrastructure, and service models.

Explore other reviews about BNY

5.0
May 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Good work environment and people

Cons

Difficult to switch roles or departments

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