BNY Mellon Reviews

Updated October 19, 2014
Updated October 19, 2014
1,270 Reviews
2.8
1,270 Reviews
Rating Trends

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

Review Highlights

Pros
  • Good work-life balance in my department, but not in all areas of the company (in 129 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 29 reviews)

  • All the hard works we done are not appreciated by the senior management of the company (in 51 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Tough place to work if you are in IT

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

    I worked at BNY Mellon full-time

    Pros

    Decent salary. Advanced technology. Very dedicates employees who work very hard to support other divisions and their customers.

    Cons

    Too many layers of management to the point that the head doesn't understand what the feet have to do and doesn't really care. Recent cutbacks have triggered layoffs at the bottom to pay for more layers in the middle. Little advancement or external training. Long days, many weekends and not much of a life balance. Recently instituted using metrics to gauge employee performance which only adds to the effort required to do an already tough job and doesn't really reflect what is going on down on in the trenches.

    Advice to ManagementAdvice

    Get more in touch with the "boots on the ground" and stop worrying about how the metrics look. Get more in touch with the people who are actually doing the work. Middle managers will do and say what it takes to make themselves look good or keep their jobs secure and won't tell you when you are making a tough job even tougher.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Marketing & Advertising don't throw the baby out with the bath water.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Managing Director in New York, NY
    Current Employee - Managing Director in New York, NY

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

    Pros

    Good benefits and adequate salaries. Opportunity to learn and grow. Great supporters of community and philanthropy.

    Cons

    New management in marketing marginalizes older employees--arrogant and condescending. Experience is not rewarded. A great deal of smoke and mirrors marketing management. Form over substance. Marketing fundamentals and product knowledge which are necessary to promote a relationship business are being replaced by trendy tactics which will likely not yield an increase in new business or sustain current relationships.

    Advice to ManagementAdvice

    Monitor your results and learn from them. Be open to listening to your team.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    Not enough money to much work

    • 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

    Okay environment , a few things can be changed

    Cons

    A lot of hard work for not enough money

    Advice to ManagementAdvice

    It was okay just need more pay

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
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  5.  

    learning experience

    • 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

    Pros

    benefits and learning experience for starting your career

    Cons

    advancement, doesn't seem like the best place to further your career or get promoted to other positions.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Great Company, Great Benefits

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

    I worked at BNY Mellon full-time (more than 5 years)

    Pros

    Great work life balance, lots of training to keep skills current, great benefits

    Cons

    not much room for growth

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Excellent

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    very good place to work.

    Cons

    ok salary to deal with

  8.  

    Benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Corporate Trust Administrator in Houston, TX
    Current Employee - Corporate Trust Administrator in Houston, TX

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

    Pros

    Comparable to industry benefits and great 401k matching.

    Cons

    Health insurance was better in previous years.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Rewards were adequate but corporate culture was everchanging.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon

    Pros

    Quality staff is developed based on their own work ethic.

    Cons

    Management by the numbers with metrics and so forth. No longer responding to associates true needs.

    Advice to ManagementAdvice

    Place managers who are familiar with the operations they are tasked to manage.

  10.  

    Good company for stability and experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Customer Service Representative in Syracuse, NY
    Current Employee - Senior Customer Service Representative in Syracuse, NY

    I have been working at BNY Mellon full-time (more than 8 years)

    Pros

    The company has a lot of great perks, benefits are good, lots of diversity and programs to show the diversity to all. It also is a good company for extra time that may be needed off.

    Cons

    The department that I worked chooses who moves up and gets better opportunity. It does not have anything to do with you previous experience, work performance and knowledge.

    Advice to ManagementAdvice

    Be more open with the employees as to where they stand and move people into better positions for the right reasons.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    good starting position

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Administrator in Lake Mary, FL
    Current Employee - Account Administrator in Lake Mary, FL

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

    Pros

    Good Entry level position, learned a many different aspects of the banking world, personal growth is good for an entry level person, gain good experience.

    Cons

    low pay rate, not a lot of vacation. inflexible on days allowed to take vacation since people have to cover your desk, hard to move up, given a lot of work and will work over time. limited opportunities to increase pay rate. Cannot move up fast.

    Recommends
    Neutral Outlook
    Approves of CEO

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