Toxic Environment - Wealth Management BNY Employee Review

The work environment is toxic due to a combination of poor management, lack of support, and extreme favoritism. Constructive feedback is rarely provided, and when it is, it often comes across as a personal attack, condescending or unprofessional. There is little to no room for growth or development, as promotions and recognition seemed to be based more on personal relationships than merit or competency. The same favorite people are the only ones introduced to new opportunities. This culture of negativity and favoritism not only affects morale but has led to high turnover rates, which further burdened the remaining staff and goes unnoticed. There has been change in the Regional Director but it’s the same toxic environment. They are not present or have a clue as to how things really are. There are three so called team leaders that are the driving force of the bad culture. I would not recommend this organization to anyone looking for a healthy, supportive, or professional workplace.