Horrible management - Vice President BNY Employee Review

1.0
Oct 16, 2024
Recommend
CEO approval
Business Outlook

Pros

Decent work life balance. Not alot of pros to be said about this company.

Cons

No career advancement and the constant town halls to illustrate how great we are doing is such a farce. Operations in Pittsburgh are being shipped overseas and layoffs across the board, no skills development or advancement. The "trainings" are videos with unlimited test retakes which is comedic. All management is essentially positioned in NY and don't know how to manage or lead aside from brown nosing to the superior above. New CEO came from Goldman few years ago and wanted to run BNY like its Goldman. A new culture is being rammed into everyones throat and that is to increase the stock price as much as possible. Management pretends to care and once laid off the work load gets piled onto another person. Only thing management cares about is when their shares get vested.

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.

3.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

After the latest re-structuring and going agile, I don't find any. But before, a stable bank with a good book of work. Positive environment with support from your colleagues. Industry standard medical plan and vacations.

Cons

Bonuses and salary raises are hugely dependent on who you know in the senior management and how they perceive you rather than what you actually delivered.

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