Review of a laid off employee - Project Specialist BNY Employee Review

4.0
Mar 20, 2016
Recommend
CEO approval
Business Outlook

Pros

The company has excellent benefits, they also promote personal development, this personal development can lead to professional development

Cons

Working in the Transfer Agency it appeared that the location that I was employed at was considered an unwanted step-child. My leadership and management training with the US Army was both unrecognized and unappreciated. The company talked about personal development and professional development, however it was not supported by my managers at my location.

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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