Low pay - Shareholder Service Specialist BNY Employee Review

1.0
Jan 7, 2016
Recommend
CEO approval
Business Outlook

Pros

Not many pros to working here. Pay is extremely low. Small fish in a huge ocean with not much room for growth. The recruiters look for outside candidates instead of hiring from within. Benefits are not bad though.

Cons

Too many to share. Pay was so low. This was my first job out of college. I spent 3 long years there trying to build up my resume. They make you feel like you are a dime a dozen.

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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