BNY Mellon

www.bnymellon.com
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BNY Mellon Reviews

Updated February 26, 2015
Updated February 26, 2015
1,474 Reviews
2.9
1,474 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
457 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. 3 people found this helpful  

    The worst company I have ever worked for

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

    I worked at BNY Mellon full-time (more than 8 years)

    Pros

    Prestige of being the oldest bank in America and the bank with the highest credit rating in America some pockets of good exist but very few

    Cons

    The management can't decide their focus they treat employees horribly underpaid under appreciated

    Advice to ManagementAdvice

    make decisions that make sense and have some strategy

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Low pay, poor middle management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Securities Settlement Processor in Syracuse, NY
    Former Employee - Securities Settlement Processor in Syracuse, NY

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

    Pros

    I liked the healthcare options.

    Cons

    Low pay
    Middle managers were the worst I've seen.

    Advice to ManagementAdvice

    Upper management needs to clean the mid / lower management ranks.

    Doesn't Recommend
    Negative Outlook
  3. 1 person found this helpful  

    Good company

    Former Employee - Customer Service Representative in Phila, PA
    Former Employee - Customer Service Representative in Phila, PA

    I worked at BNY Mellon full-time (less than a year)

    Pros

    Great co workers and excellent benefits

    Cons

    Low pay and horrible management. Manger talked down to employees and no one really knew what they were doing

    Advice to ManagementAdvice

    Learn how to speak to your employees. Being rude will get you nowhere and that's why you weren't liked by ANYONE. That's not a good look for a manager

    Doesn't Recommend
    Negative Outlook
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  5. 3 people found this helpful  

    Stay away!

    • 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 full-time (more than 5 years)

    Pros

    Work/life balance is great but depends on who you work for.

    Cons

    Ridiculously low pay. Terrible raises. One excuse after the next. Managers fill your head with bureaucracy BS. Different rules for different people.

    Advice to ManagementAdvice

    Read Glassdoor. You'll get a lot of advice here.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    User rep

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    Great evironment
    Flexible
    Friendly
    Security
    Great place to learn

    Cons

    Not much promotion
    Close minded
    Not fair
    Not thing els

  7. 1 person found this helpful  

    once your in, poor salary reviews / rises / bonus £0

    • 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 (more than 10 years)

    Pros

    benefits such a health care, pension

    Cons

    1% pay rises / 'exceed' your yearly apprasial you may instead get a whooping 1.25% , even though share prices and profits continue to rise. Lame excuses given, some management embarressed to read corp letters. BNYM relies on long term staff that are institutionalized that stay and hang it out for maybe a redundancy package or to try and cheese you off enough that you leave before that, to save them money.

    Advice to ManagementAdvice

    In the end you lose all the key workers who care in the UK .Complanies will not want to do business with you

    Doesn't Recommend
    Negative Outlook
  8.  

    Accounting and reporting analyst

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

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

    Pros

    Believe the below negative responses cuz I'm here and I'm stuck... I receive above expectations on my review nearly every quarter it doesn't matter no one cares.. They need to keep costs low...

    Cons

    Promotions
    Merits
    You do great... Wow no one cares you get the same reaction for crappy workers
    Health insurance
    Managers
    The Career in respect to the market....its below standards

    Advice to ManagementAdvice

    Applicants beware

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 3 people found this helpful  

    The most unorganized and unprofessional company I have worked for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Liaison in Irving, TX
    Former Employee - Client Liaison in Irving, TX

    I worked at BNY Mellon

    Pros

    Coworkers were great. The clients were awesome.

    Cons

    MANAGEMENT!!! The lack of trust in the employees.

    Advice to ManagementAdvice

    Clean out the old managers and get new managers.

    Doesn't Recommend
    Neutral Outlook
  10. 3 people found this helpful  

    No longer a good company

    Former Employee - Asset Servicing in New York, NY
    Former Employee - Asset Servicing in New York, NY

    I worked at BNY Mellon

    Pros

    Great co-workers, learned a lot, able to work from home

    Cons

    outsourcing to India, biweekly meetings and one on one meetings were a waste of time, constant layoffs and low morale.

    Advice to ManagementAdvice

    Keep the talented employees.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    Worst Company to Work For

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

    I worked at BNY Mellon

    Pros

    Larger company - looks good on a resume

    Cons

    Horrible senior management, horrible training, no real career path/growth opportunities

    Advice to ManagementAdvice

    Fire yourselves, get new management

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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