BNY Mellon Reviews

Updated July 5, 2015
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2.7
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Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
505 Ratings

Pros
  • Generally there is a good work life balance (in 136 reviews)

  • Good benefits (medical/dental/vision); 401(k), ESOP; Hours are good; Some employees have a team-like attitude & good attitude to do their job (in 77 reviews)

Cons
  • There is no room for GROWTH and the PAY SUCKS OVERALL (in 32 reviews)

  • Plenty of talk but no regard for work life balance (in the technology sector) (in 23 reviews)

More Pros and Cons

1,607 Employee Reviews

Sort: Popular Rating Date
  1. Featured Review

    Very satisfied with the company.

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

    I have been working at BNY Mellon

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great work environment and plenty of departments to expand knowledge.

    Cons

    N/A, Nothing to report on.

    Advice to Management

    N/A


  2. Misery loves company

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

    I have been working at BNY Mellon full-time (More than 8 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    I was offered a good career path that most within the bank don't get. They are above average for tuition reimbursement. 401k match is good.

    Cons

    Constant layoffs have people constantly fearing their jobs will leave. As a result people are slow to teach others their job and morale is miserably low. Technology is awful. Pay is subpar resulting in subpar talent.


  3. Cheap

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

    I have been working at BNY Mellon

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Great people to work with

    Cons

    No bonus, little real reconition, bad raises.


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


  5. Helpful (3)

    Don't Recommend

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

    I have been working at BNY Mellon

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Nice people, really not too many pros

    Cons

    Employees are extremely underpaid. Raises are less than the rate of inflation. You are losing money the longer you stay. The talent in technology is in the bottom 20%.

    Advice to Management

    The business model is designed specifically to lose talent. People who do very well and get outstanding reviews are given nothing in return. It is a matter of time before their motivation is lost. The only ones that remain are the employees that can't get a job elsewhere. I have been on a team where the entire team has no experience. Management wouldn't pay for anyone with experience so the team has to consist of 20 people and they can't even do the work that 5 experienced people could do. Not only are you paying more money but the project we are working on will be a total failure and will have to be written off. I came in very strong and my motivation was killed about a year and a half in. I have since submitted my resignation and am moving to another, much better company. The bank came to me with a counter offer for a lot more than they were paying me before. Insulted, I easily refused. If you want to keep employees, take care of them please. To get the most for your money, you need employees with a positive attitude.


  6. Vice President

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

    I have been working at BNY Mellon full-time (More than 10 years)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Steady job, good work/life balance

    Cons

    poor pay, poor health benefits, poor management team

    Advice to Management

    Pay Comparable Salaries


  7. Fund Accounting

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

    I worked at BNY Mellon

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    A great place to begin your career. Co-worker are really nice. Benefits are good.

    Cons

    Salary increases are low. Not enough opportunities to advance.

    Advice to Management

    To retain great workers, increase salaries.


  8. Good work life balance

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon full-time

    Recommends
    Recommends

    Pros

    work life balance, very nice people

    Cons

    lack opportunities, slow to change, too hierarchical


  9. Corporate Trust

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

    I worked at BNY Mellon full-time

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Liked my co-workers and previous upper management.

    Cons

    Micromanagement of employees.
    Took away breaks and lunches.
    Inexperienced new management.

    Advice to Management

    Train all contractor employees before placing them on the floor.


  10. OK place to work

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Decent benefits are available at a cost to the employee

    Cons

    Upper management does not communicate well with middle management.

    Advice to Management

    Improve communications and expectations


  11. Employment experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Singapore (Singapore)
    Current Employee - Anonymous Employee in Singapore (Singapore)

    I have been working at BNY Mellon full-time (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Good welfare benefits for staff

    Cons

    Limited jobs available in my location

    Advice to Management

    More management interaction would be good



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