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2 days ago

FAA NAV Ops Inv Acct II – new

BNY Mellon Westborough, MA

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors… BNY Mellon


2 days ago

Spec'st Proc Improv A'lyst – new

BNY Mellon Nashville, TN +3 locations

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors… BNY Mellon


2 days ago

Financial Analyst – new

BNY Mellon New York, NY +2 locations

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors… BNY Mellon


2 days ago

Project Manager- Non IT – new

BNY Mellon Pittsburgh, PA

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors… BNY Mellon


2 days ago

Lead Anly - Fund Acct, USIO – new

BNY Mellon Lake Mary, FL

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors… BNY Mellon


2 days ago

CT Sr Client Services Mgr – new

BNY Mellon Jacksonville, FL +3 locations

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors… BNY Mellon


2 days ago

Database Administrator – new

BNY Mellon Oriskany, NY

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors… BNY Mellon


2 days ago

VP - Specialist Project Manager/Project Coordinator – new

BNY Mellon Jersey City, NJ

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors… BNY Mellon


2 days ago

Program Mgr II - Technology – new

BNY Mellon Pittsburgh, PA +2 locations

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors… BNY Mellon


2 days ago

New Account Admin – new

BNY Mellon King of Prussia, PA

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors… BNY Mellon


BNY Mellon Reviews

2.8
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Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
530 Ratings
  • Helpful (11)

    Alternative Investment Services

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

    I have been working at BNY Mellon (More than 8 years)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Large company. Interesting work, great exposure to large clients and many types of securities. Good work/life balance for the most part, and a generally relaxed atmosphere as long as all the work is getting done and the clients are happy. Good place to start for entry level employees. Not so much for long term career growth.

    Cons

    Little to no reward for exceeding goals and receiving outstanding reviews. Compensation and "merit increases" are minuscule and in no way linked to individual performance in any observable way. The average merit increase (percentage wise) at my office was less than what my parents received as a "cost of living increase" from Social Security. Company-wide obsession with reducing expenses hinders employee and company growth. For example, downgrading servers and systems of a growing part of the business as more clients are being moved to said systems leads to avoidable issues with system down time and server resets. Communications from the executive level of management can be self contradictory, revealing poor employee management strategies. For example one email highlighted the need to attract and retain top talent at the company. A few weeks later another email announced that they were eliminating contributions to the legacy pension fund because the majority of our competitors no longer offered pensions. The second email lead to many experienced and knowledgeable employees leaving due to the fact they stood to be losing the most from the pension cuts.

    Advice to Management

    Pay top performers more than employees that are just skating by. I've seen many of my own employees go from ambitious over performance to just doing the bare minimum after realizing their hard work was not going to be rewarded in any tangible way. Corporate wide communications should be more cohesive and reflect and clear strategy when announcing new initiatives. Don't be afraid to invest a little money in technology and top performing employees, especially in a line of business that is growing.


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