BNY Mellon Reviews

Updated March 25, 2015
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2.8
1,516 Reviews
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BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
478 Ratings

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 Pros and Cons

Employee Reviews

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  1. Great Company, stay away from Everett

    • 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

    Built solid relationships with platinum level client

    Cons

    Was sold as a "growth center" not one new client added. Low pay, far too many incompetent senior level employees. BNY Mellon is a great company although custody operations is not the ideal section of the company to work.

    Advice to ManagementAdvice

    If you're going to sit in your office and measure rubber bands with a ruler, might be a good idea to close your door so your employees can't see you.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful

    Accountant

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    Laid back relaxed work atmosphere

    Cons

    Not a long term career

  3. Great for entry level

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

    I have been working at BNY Mellon

    Pros

    great work-life balance, knowledgeable people, benefits

    Cons

    pay is well below industry average

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


  5. It was good

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

    I worked at BNY Mellon

    Pros

    It was a good development curve

    Cons

    It has moderate work life balance

    Advice to ManagementAdvice

    More innovative portals would be useful

    Recommends
    Positive Outlook
    Approves of CEO
  6. I loved my job and enjoyed going to work every day

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Unit Manager Financial Control On Shore Support in King of Prussia, PA
    Former Employee - Senior Unit Manager Financial Control On Shore Support in King of Prussia, PA

    I worked at BNY Mellon

    Pros

    Team environment and career advancement

    Cons

    Outsourcing causing layoffs, yearly raises not very good

    Advice to ManagementAdvice

    Be more considerate when laying employees off

    Recommends
    Positive Outlook
    No opinion of CEO
  7. Accountant Interview

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

    I have been working at BNY Mellon

    Pros

    Great worklife balance. Open friendly environment.

    Cons

    Low wages. Outsourcing everything to overseas companies.

    Advice to ManagementAdvice

    Pay more. Excessive middle management.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8. In my experience, BNY Mellon has proved to continuously challenge individuals while encouraging a laid back culture.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accounting Supervisor in Everett, MA
    Current Employee - Fund Accounting Supervisor in Everett, MA

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

    Pros

    I enjoy my colleagues and the team oriented department, continuous learning opportunities, and convenient location. The casual dress code and laid back environment is also enjoyable.

    Cons

    The work-life balance is poor, because of recent staffing changes. The annual compensation increases have declined, and benefits have become less attractive due to budget constraints.

    Advice to ManagementAdvice

    The opportunities for growth are abundant, but taking on additional work should come with additional compensation. The pay for performance culture makes sense, but if the pay isn't available to offset the exceptional performance then staff will continue to seek opportunities outside the corporation.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9. Very nice

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Software Developer in New York, NY
    Former Intern - Software Developer in New York, NY

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

    Pros

    very flexible working hours, you will have good working life balance, can leave early or arrive late, you don't have to report everything to your manager

    Cons

    very few hard-working compensation, and the salary is extremely below average, it doesn't provide decent benefits such as insurance, dental, vision, no bonus at all

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO
  10. Pretty good experience, not to bad; they do not micro manage, however, could be better. HoustonDowntown

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

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

    Pros

    Experience
    Don't micro manage
    $25 one time gym fee
    Pay is decent

    Cons

    Could pay better
    Be more organized
    Drive in and from downtown

    Advice to ManagementAdvice

    Everyone needs to get on the same page and BNY Mellon, needs to stop being so cheap; distribute the income a little more.

    Recommends
    Positive Outlook
    No opinion of CEO
  11. Internship

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

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

    Pros

    People are very nice and caring

    Cons

    Jobs seems to be a bit repetitive, again it is based on only 1 month of experience. I think you can learn a lot there

    Advice to ManagementAdvice

    Prepare many projects in advance

    Recommends
    Positive Outlook

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