BNY Mellon

  www.bnymellon.com
  www.bnymellon.com

BNY Mellon Reviews

Updated December 22, 2014
Updated December 22, 2014
1,360 Reviews
2.8
1,360 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
418 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. 4 people found this helpful  

    Like working for the government

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

    I have been working at BNY Mellon

    Pros

    Good work life balance, flexible work schedule, vacation days, and benefits

    Cons

    Almost no career opportunities, non-existent training, terrible technology infrastructure, and overly bureaucratic. The fact that there is actually a committee to oversee other committees that set internal policies kind of says it all. Unimaginative senior management that is always reacting to competition. Bloated middle management while underinvesting in products, services, and line employees that actually drive revenues.

    Advice to ManagementAdvice

    Upgrade your tech and bring your business processes and products into the 21st century. The competition is selling cars while BNY is proud of the fact that it sells the cheapest and fastest horse drawn buggy in town. Banking is not a labor intensive business yet BNY has managed to turn it into one via underinvestment in tech and revenue generating professionals.

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

    Mismanagement of resources

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

    I worked at BNY Mellon as a contractor (less than an year)

    Pros

    Good name, office perks, mismanagement of time

    Cons

    Lack of direction, no loyalty

    Advice to ManagementAdvice

    Prepare more well defined roles; jobs to be done with conventional work is complete

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    Great internship experience

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

    I worked at BNY Mellon as an intern (less than an year)

    Pros

    Very interactive internship program. Informative presentations for all interns every week so they can learn more about the company. Freedom to explore multiple areas to find true interests.

    Cons

    Not all interns will have experience with managers as some are not as proactive as others.

    Recommends
    Positive Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Nice place to work for and good package.

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

    I have been working at BNY Mellon as a contractor (more than an year)

    Pros

    More money. Nice location
    green-field projects

    Cons

    Work-life balance is hard and tight dead lines.

    Recommends
    Positive Outlook
  6.  

    Mostly a great experience with many challenges and some rewards if associated with a P/L unit.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    Great place to be assigned great, challenging projects. Need to be self starter with good work ethic and you can develop yourself to any level.

    Cons

    Workplace mobbing. Not well known but exists at some levels.

    Advice to ManagementAdvice

    NYC management needs a tutorial on Mobbing since they can't realize its existence.

  7.  

    Good for short term

    • 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

    Challenging work, competitive pay and benefits

    Cons

    No concern for work/life balance.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8.  

    Very satisfied with the company.

    • 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

    Great work environment and plenty of departments to expand knowledge.

    Cons

    N/A, Nothing to report on.

    Advice to ManagementAdvice

    N/A

    Recommends
    Positive Outlook
  9.  

    More cons than pros... Decent starter company.

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

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

    Pros

    401k and tuition reimbursement are the only real good ones.

    Cons

    Little room for career growth... Organization is very dysfunctional and though they claim to put client first doesn't always happen.. The salary

    Advice to ManagementAdvice

    Listen to the people doing the job everyday . We know it best. Have opportunities for employees career advancement . You lose smart employees because of lack of a career growth .

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Great Company

    • 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 (more than 8 years)

    Pros

    Great people and great value

    Cons

    good people and good company

    Recommends
    Neutral Outlook
  11.  

    Good Opportunity for those with ambition

    • 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

    Tuition reimbursement, Good work life balance.

    Cons

    Not the best compensation, interest rates drive the business.

    Recommends
    Positive Outlook

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