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BNY Mellon Reviews

2.8
Rating Trends
Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
530 Ratings
  • Helpful (1)

    they care about profits, not people

    • Career Opportunities
    • Comp & Benefits
    Current Employee - Technical Account Senior in King of Prussia, PA
    Current Employee - Technical Account Senior in King of Prussia, PA

    I have been working at BNY Mellon full-time (More than 10 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Offices all over the world; very big company and a leader in the financial industry.

    Cons

    They are too obsessed with cost cutting. They fail to understand that if you invest enough in people, technology, and infrastructure, that investment will result in greater profitability. Instead, they prefer to lay people off, provide insufficient funding to get things done, and expect client officers to figure out how to spin this to the clients without revealing the truth that BNY is cheap. Raises are minimal every year. My raises have been about 1% / $1,000 a year since my company became part of BNY Mellon. Thankfully I got really good raises before we were acquired, so now I'm at an affordable income level.

    Advice to Management

    If BNY really is a world leader for investments, please act like it, and invest in the company the way it's truly needed.


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