BNY Mellon Reviews

Updated October 30, 2014
Updated October 30, 2014
1,295 Reviews
2.8
1,295 Reviews
Rating Trends

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

Review Highlights

Pros
  • Decent work life balance pay is enough to survive if you don't need much (in 132 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 31 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  

    Some good, some ok

    • 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

    Lots of volunteering opportunities as BNY Mellon is involved in the communities

    Cons

    Lots of glass ceilings and hard to advance in jobs and pay as an insider.

    Advice to ManagementAdvice

    Take care of the people taking care of the company. Outsiders come in with better salaries than if posting internally. Does not make sense as the insider knows the culture and in-house applications. Employees are also loyal until they see this company behavior over and over.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    BNY Mellon

    • 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 3 years)

    Pros

    Great work life balance, great people. Very Flexible. Great place to begin and end a career. Benefits are decent.

    Cons

    Management/org is constantly changing. Barely no raises, pay is low, They do not promote from within and if they do barely compensated for it.

    Advice to ManagementAdvice

    Find a better way to keep young talent. I have seen a lot of great young talent leave because they are given no incentive to stay.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  3.  

    enjoyable

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    stable company and good job security

    Cons

    low pay...must leave and come back.

    Advice to ManagementAdvice

    more diversity

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Great place to work.

    • 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 people are great here.

    Cons

    Work/life balance is difficult to maintain.

  6.  

    Great start to a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - ETF Accountant in Brooklyn, NY
    Current Employee - ETF Accountant in Brooklyn, NY

    I have been working at BNY Mellon full-time (more than 3 years)

    Pros

    Friendly management, everyone works together as a team. Nice offices and prestiguous reputation. Benefits are great.

    Cons

    No negotation in salary, will offer low end of what the market offers. Not much room for advacement opportunities.

    Advice to ManagementAdvice

    Offer better compensation and bonuses.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  7. 2 people found this helpful  

    Great company to learn about corporate world, but no movement

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

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

    Pros

    Laid back environmen and flexible schedule

    Cons

    Unprofessional managers and no growth within the company and pay sucks

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  8. 2 people found this helpful  

    Skip if you are ambitious and want a career growth

    • 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

    good work life balance, Perfect place if you have a family.

    Cons

    not enough growth, several operations move in Pittsburgh, low salary.

    Advice to ManagementAdvice

    More training classes for employees, more willing to changes and suggestions and actually make these suggestions a reality. Mobility.

  9. 3 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
  10.  

    Good Company

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

    I have been working at BNY Mellon full-time (more than 3 years)

    Pros

    Laid Back, good work hour

    Cons

    Low salaries, business outsourcing, not much potential growth

    Advice to ManagementAdvice

    Need to get more business

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Decent place to start a career in financial services industry.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Relationship Manager in Wilmington, DE
    Current Employee - Relationship Manager in Wilmington, DE

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

    Pros

    This is God place to start your career.but could be very limiting in terms of growth and career development in later years.

    Cons

    Limited career development and opportunities.

    Advice to ManagementAdvice

    Very limited.

    Doesn't Recommend
    Approves of CEO

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