Low Pay - Vice President BNY Employee Review

2.0
Oct 2, 2015
Recommend
CEO approval
Business Outlook

Pros

Work/Life Balance - ability to work remotely. This perk is what is keeping people here, not the money!

Cons

The salary increases and bonus are extremely poor. I was given a range of the bonus when I accepted my offer on the basis of a good review. I received a good review and got less than a quarter of what the lowest number was. Others were worse off than I was! I basically took a cut to come here, which is exactly what I told them I wouldn't do. Raise was 1.67% and was told it was lower than that across the board, so I got "above the average"

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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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