BNY Mellon

  www.bnymellon.com
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BNY Mellon Reviews in Boston, MA

Updated May 28, 2014
All Employees Current Employees Only

2.9 30 reviews

50% Approve of the CEO

BNY Mellon Chairman, President and CEO Gerald Hassell

Gerald Hassell

(6 ratings)

48% of employees recommend this company to a friend

Review Highlights

Pros
  • I also get to work from home when needed, making the work life balance easier to handle(in 114 reviews)

  • Many good benefits, however, management was not proactive in developing talent(in 60 reviews)


Cons
  • There is no room for GROWTH and the PAY SUCKS OVERALL(in 25 reviews)

  • Disconnected senior management who don't communicate effectively (if at all) with the troops(in 46 reviews)

30 Employee Reviews Back to all reviews
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    Good employer to grow and spend a career working for

    Sales Associate (Former Employee) Boston, MA

    Prosgreat people, very helpful and supportive, not much work life balance, great opportunities for advancement

    ConsVery stagnant culture, no team building opportunities, great leadership and definite opportunities to advance

    Advice to Senior Managementkeep up the good work.

    Yes, I would recommend this company to a friend

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    • Disapproves of CEO

    1 person found this helpful  

    Work Life makes the deal.

    Senior Business Systems Analyst (Current Employee) Boston, MA

    ProsThe best part of my job are the people I work with. My team members are extremely dedicated and talented in their job. I also get to work from home when needed, making the work life balance easier to handle.

    ConsTime and money are wasted on initiatives that are not fully vetted. Upper Senior management does not listen to the people on the ground, doing the actual work. In the IT world, this is painfully evident. Lately there seems to also be a culture shift in the IT world from one of collaboration with senior management towards intimidation/fear. Rule by the numbers is now the exclusive measure. A blend of metrics along with proven business insight should be the norm instead. Also, there is very little career advancement in the IT world.

    Advice to Senior ManagementIn the IT world, management should stop relying so heavily on intimidation and metrics. There should be a collaboration and direct responsibility between IT and the business in order to tie the two lines together.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Content

    Operations Analyst (Current Employee) Boston, MA

    ProsIndividual contributor, meet people who are willing to help you achieve your goals, small group of people but there is some

    ConsNot a lot of room to grow in certain area.

    Yes, I would recommend this company to a friend

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    • Culture & Values
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    Great

    Portfolio Accountant (Current Employee) Boston, MA

    ProsGreat environment to work in

    ConsNo room to move up

    Advice to Senior ManagementPay more

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • No Opinion of CEO

    1 person found this helpful  

    Frustrating and discouraging

    Anonymous Employee (Current Employee) Boston, MA

    ProsA very global company that works to promote diversity.

    CEO worked here for all of professional life - it's nice to have a leader that hasn't jumped from company to company but has worked their way up.

    ConsIt seems that the merger of Bank of New York and Mellon wasn't handled well. There are still a lot of people who will state "this isn't how we used to do things" and management seems to ignore this issue. For those who came in after it can cause some challenges.

    Also, even when a mandate is made by the CEO there are still groups that consider themselves immune to these mandates and it seems that it is never addressed. It can put support staff in an "us vs. them" situation which is difficult.

    Advice to Senior ManagementStand by your initiatives. If the entire company should be cost saving, then make sure that upper management supports that initiative and isn't going to try to find a way around it. Make sure people are on the same page.

    Train Managing Directors in how to manage their staff. Yelling and flipping out aren't motivators.......

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Recruiter

    Recruiter (Current Employee) Boston, MA

    ProsWork hours are consistent, no overtime

    ConsSalary less than other peer companies

    No, I would not recommend this company to a friend

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    Incredibly nice coworkers. Learned a lot during my 2 months there.

    Summer High-school Intern (Former Employee) Boston, MA

    ProsFriendly and very easy going supervisors

    ConsPrograms needed for work don't work right away.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    There are some great people there, but the best have already left.

    Managing Director (Current Employee) Boston, MA

    ProsGood work/life balance and generally fellow employees want to succeed.

    ConsClearly there is a lack of leadership and the merger hasn't helped anyone. There is a sense that many people are frozen as they wait to be laid off or retire.

    Advice to Senior ManagementDo something that indicates you have a clue.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Miserable

    Anonymous Employee (Current Employee) Boston, MA

    ProsThey don't charge for parking

    ConsTerrible pay, no room for advancement, the cafeteria is lousy, bathrooms have no deoderizers in the old, run down building. Don't expect any type of annual merit based salary increase. Management doesn't care about you at all as a human being. How can I say that? Because we're in the middle of a noreaster blizzard and are stuck here while they get to work from home. That's how. Must be nice. I sure hope I make it home safely. I can't leave for another 3 hours. They say the roads are going to be twice a bad. I'm praying I don't get into an accident. This is the type of company that gives corporations a bad name. It's gotten worse since Gerald Hassell took over. I know, I know. Believe me, I've been looking for another job for awhile now.. The economy stinks.

    Advice to Senior ManagementHave some common human decency

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    BNY Mellon Asset Servicing Technology Division

    Project Manager II (Former Employee) Boston, MA

    ProsPension, knowledgeable and dedicated employees. Mature processes in place to deliver technology solutions that are aligned with business needs and company objectives.

    ConsClosed, heads down environment. Lack of diversity at the top. Ultra conservative leadership in Pittsburgh. Management of employees is more subjective than objective.

    Advice to Senior ManagementSell off the Asset Servicing division

    Yes, I would recommend this company to a friend

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