BNY Mellon

www.bnymellon.com

BNY Mellon Reviews

Updated January 25, 2015
Updated January 25, 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    If you're expecting a bright future because you're smart and hardworking, this is the wrong place

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

    I have been working at BNY Mellon full-time (more than 5 years)

    Pros

    Great learning experience, good people

    Cons

    Terrible management,terrible compensation, hard work isn't valued or rewarded

    Advice to ManagementAdvice

    Make sure all managers under you attend a course in management, in the end the employees emulate the ambitious nature or lack thereof of their leaders.

    Doesn't Recommend
    Positive Outlook
  2.  

    Good solid work place, with tons of room to move up.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Accounting and Reporting Specialist I in Pittsburgh, PA
    Former Employee - Client Accounting and Reporting Specialist I in Pittsburgh, PA

    I worked at BNY Mellon full-time (more than an year)

    Pros

    Pay is alright. Work is pretty consistent and managable. Very diverse.

    Cons

    Doesn't pay (literally) to work your way up in a single department; it's best to leave and keep switching departments.
    Also Bank of New York Mellon likes to fire people/lay them off just because they need to cut costs... maybe they should let go of people on the offshore sites like in India.

    Advice to ManagementAdvice

    Promote within or continue to loose people.

    Recommends
    Negative Outlook
    Approves of CEO
  3.  

    BNY Mellon

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

    I worked at BNY Mellon

    Pros

    Good stable place to work. Mostly 9-5.

    Cons

    Not much growth potential. People in a position tend to be stuck there for a while.

    Advice to ManagementAdvice

    Change the culture and eliminate the red tape.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Asset servicing

    • 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

    Pros

    The flexibility is great and benefits are decent.

    Cons

    Career growth and salary are certainly lacking in most departments within asset servicing. "Pay for performance" that they preach is really just a statement with no actions to back it up.

    Doesn't Recommend
    Neutral Outlook
  6.  

    Great team to work with

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

    I have been working at BNY Mellon

    Pros

    Team is always helpful and willing to teach you.

    Cons

    Tons of overtime and not much opportunity to move up in the business.

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Good People

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

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

    Pros

    Great People, Great Benefits, Flexible

    Cons

    Salary is not at all comparable

    Doesn't Recommend
    Positive Outlook
  8.  

    Decent place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Process Specialist in Westport, CT
    Current Employee - Process Specialist in Westport, CT

    I have been working at BNY Mellon

    Pros

    lots of opportunities Great work life balance

    Cons

    lots of red tape for promotions

    Advice to ManagementAdvice

    Less red tape

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Good company to learn from

    • 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

    Pros

    Good communication and opportunity to learn

    Cons

    Can become stagnate in your position

    Advice to ManagementAdvice

    Open communication

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Account Analyst

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

    I have been working at BNY Mellon

    Pros

    Employees can wear jeans/casual dress in certain locations. Managers promote a healthy work/life balance.

    Cons

    Medical Benefits have gone from good to bad - The company has passed the medical cost to the employee. If you have a family (kids) I would do some research regarding medical coverage before jumping on board. You might be very disappointed.
    Also, other companies pay more for the same experience.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Good People

    • 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

    The Philadelphia region has really good hardworking people. Most have been with the company for years. Not many turnovers.

    Cons

    The challanges of working here is the process & levels that you have to go through to complete something simple.

    Recommends
    Positive Outlook
    No opinion of CEO

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