BNY Mellon

www.bnymellon.com

BNY Mellon Reviews

Updated January 21, 2015
Updated January 21, 2015
1,415 Reviews
2.8
1,415 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
435 Ratings

Review Highlights

Pros
  • Good work-life balance in my department, but not in all areas of the company (in 136 reviews)

  • Many good benefits, however, management was not proactive in developing talent (in 77 reviews)


Cons
  • No room for growth, salaries at lower end in the industry and merit increases are close to zero (in 32 reviews)

  • Plenty of talk but no regard for work life balance (in the technology sector) (in 23 reviews)

More Highlights

322 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    It was an interesting experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - CA Specialist Back Office in Pittsburgh, PA
    Former Employee - CA Specialist Back Office in Pittsburgh, PA

    I worked at BNY Mellon full-time (more than 3 years)

    Pros

    Among other educated professionals.
    Paid overtime.

    Cons

    Poor training/learning.
    Lack of current training material.
    Limited time giving to acquire the knowledge to achieve your function effectively and efficiently.
    Depending on other's to teach new employees in an office that is time sensitive.
    The usage of old office equipment.
    Not a motivating positive environment.

    Advice to ManagementAdvice

    Establishing a greater training program that is current to the function of the unique job requirement. Training should be in line with current technology and relevant to the current marketplace. Training should be positive/motivating to achieve the effectiveness and efficiency that is expected. ( One Example - 1980's tape machines ?)

    Recommends
    Negative Outlook
    Disapproves of CEO
  2.  

    Corporate Trust

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon full-time (more than 3 years)

    Pros

    Always hiring. BNY Mellon always has an open position.

    Cons

    Pay is ridiculously low. Supervisors are lost and never on the same page with each other. Employees are never encouraged, appreciated or even kept in the loop of upcoming changes. Lack of communication big time. No room for advancement, so you're are stuck in the same position year after year after year. Management and Supervisors are quitting and getting fired. The work environment is highly stressful and hostile.

    Advice to ManagementAdvice

    The Pittsburgh operation should have management that is not constantly comparing us with the Texas processing site. "We don't do that in Texas!' Is not an appropriate response to the way things are handled in Pittsburgh.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Poor human resources department. Corrupt and unethical upper management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon

    Pros

    Through my hard work and dedication, I received several promotions.

    Cons

    Human resources is only there to protect the company, not the employees. I was treated VERY unfairly by management and human resources, and when they had me so stressed out I said, "Why don't you fire me?" Human resources replied with, "Why should we do it?" To which I said "I quit." Human resources response was, "Can we get that in writing?" Their goal seemed very clear to have me quit so I couldn't collect unemployment. Human resources had no compassion for me or the struggles I had from being overworked due to them laying off 30% of my staff and going through multiple changes. Also, for several years I told my manager I felt I was not being compensated fairly and was told if I didn't like it I could leave. Several years later, I found out I was making $8,000 under the minimum for my salary grade.

    Advice to ManagementAdvice

    Treat people fairly and have some compassion for your employees.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Low pay, relaxed work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Hedge Fund Accountant in Wilmington, DE
    Current Employee - Hedge Fund Accountant in Wilmington, DE

    I have been working at BNY Mellon full-time (more than 3 years)

    Pros

    Very relaxed office with nice people.

    Cons

    No room for improvement. Pays below market value

    Advice to ManagementAdvice

    pay employees more to avoid losing talent

    Recommends
    Negative Outlook
    No opinion of CEO
  6.  

    Entry level dead end

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative in Pittsburgh, PA
    Current Employee - Customer Service Representative in Pittsburgh, PA

    I have been working at BNY Mellon full-time (more than an year)

    Pros

    Work is not mentally challenging, you can do it in your sleep

    Cons

    work is not mentally challenging, you can do it in your sleep. Everything is surrounded by red tape. You can only apply to positions two letter grades above your current pay grade. Good work is not rewarded

    Advice to ManagementAdvice

    Manage, do not be afraid to rock the boat sometimes.

    Doesn't Recommend
    Negative Outlook
  7.  

    No respect of any sort from superior

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Accountant in Philadelphia, PA
    Current Employee - Investment Accountant in Philadelphia, PA

    I have been working at BNY Mellon full-time (less than an year)

    Pros

    Time off policies, work-life balance.

    Cons

    Horrible management, lack of proper training, lack of respect, lack of communication.

    Doesn't Recommend
  8.  

    Not great mobility

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Specialist in Boston, MA
    Current Employee - Operations Specialist in Boston, MA

    I have been working at BNY Mellon

    Pros

    Good benefits, strong company so there is some job security

    Cons

    management does not help people grow in their careers and you can get stuck, not competitve raises/bonuses

    Advice to ManagementAdvice

    Find better ways to retain talent

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9.  

    Loan Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon

    Pros

    I really cannot think of any

    Cons

    leadership, structure, mobility, pay, treatment

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Not so great

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon

    Pros

    Big name. Looks great on resume

    Cons

    Personal growth and management isn't the best

  11.  

    Long hours no family life

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Pittsburgh, PA
    Former Employee - Manager in Pittsburgh, PA

    I worked at BNY Mellon

    Pros

    Excellent benefit package, building and offices are clean. Buildings are well secured. Work environment average.

    Cons

    Long hours, low salary, no social life always at work. No advancement within department always hire outside of company or other departments.

    Advice to ManagementAdvice

    Before hiring upper management be upfront about the hours, what is their responsibility in the position, review qualifications of candidate to see if they can actually handle the position ( some candidates are great at selling their expertise on resumes but in reality unable to handle daily issues that arise) and are capable of being fair to their direct reports.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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