BNY Mellon Reviews

Updated October 22, 2014
Updated October 22, 2014
1,281 Reviews
2.8
1,281 Reviews
Rating Trends

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

Review Highlights

Pros
  • Good work-life balance in my department, but not in all areas of the company (in 131 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 29 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. 1 person found this helpful  

    Great company, but awful job

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    Large company with relocation potential

    Cons

    Early hours, mindless work, no promotion potential, poor salary, poor mid-level management

    Advice to ManagementAdvice

    Train managers to deal with employees, implement pay increases for those who work hard and allow for employees to apply for other jobs within the company

  2.  

    Global Bank that continuously innovates.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Sales in Los Angeles, CA
    Current Employee - Financial Sales in Los Angeles, CA

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

    Pros

    Company values their employees and treats them with respect. Company has several course trainings available to enhance career development skills. Encourage employees to maintain a healthy lifestyle and offesr good work life balance.

    Cons

    Headquarters and operations are primarily based in NY and PGH so opportunities are not as abundant at other locations. Business restructuring is common.

    Advice to ManagementAdvice

    You are the director of your own career path here. Always helps to have a mentor along the way.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Collegial atmosphere, good people, and good job security

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    Former Employee - Relationship Manager in New York, NY
    Former Employee - Relationship Manager in New York, NY

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

    Pros

    Work/life balance there is very attractive to any employee, the bank encourages employees to seek advanced degrees and pay for partial tuition
    Reimbursement. Solid brand name and reputation. Integrity of senior management

    Cons

    The Bank is known on Wall Street as paying below the average scale in most business lines and functional areas. With the above-average job security comes lesser return in terms of annual bonuses.

    Advice to ManagementAdvice

    Leverage the Bank's solid brand name and global reach to expand into new business lines.

    Recommends
    Neutral Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    Corporate Trust Associate review

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

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

    Pros

    Annual salary is great for college grads.

    Cons

    Glass ceiling. Typical example of corporate America.

    Advice to ManagementAdvice

    Management should work to create incentives for their employees to want to work their best, ie promotions and general appreciation for their merits.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Step up your compensation game

    Former Employee - Ops in New York, NY
    Former Employee - Ops in New York, NY

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

    Pros

    Work/life balance, friendly people, 401k match

    Cons

    Too many levels of management, stimulating environments tough to come by, poor compensation

    Advice to ManagementAdvice

    Pay someone

  7.  

    remittance processor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mail Process in Atlanta, GA
    Former Employee - Mail Process in Atlanta, GA

    I worked at BNY Mellon full-time (more than 10 years)

    Pros

    friendly,productin,quality,hard work,honest good working condition open communication etc the management co operative,better benefit also there,mangement is communicate the work changes,experienced work people can perform well

    Cons

    high performance work as a family quality is must management is current co operative,some productive work training there,benefit and bonus with productive,hard work ,honest,ethics,quality the employee value also motivate all

    Advice to ManagementAdvice

    better benefit

    Recommends
    Positive Outlook
  8.  

    Investor Relations

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

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

    Pros

    Good place to learn the business of alternative investments. Was very lucky to be on a team with great coworkers.

    Cons

    Tough to move up. Most of the managers have been there for a very long time. Heard the company is downsizing drastically.

    Recommends
    Negative Outlook
    Approves of CEO
  9.  

    Company is facing challenging times.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    Co-workers, time-off, flexible, exposure to financial services industry

    Cons

    Expense challenges, lack of new business, slow growth

    Advice to ManagementAdvice

    CEO and executive management should focus on retaining their talented employees.

  10.  

    I have enjoyed my time spent at BNY Mellon, just looking for the next professional step in my career development.

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

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

    Pros

    My team I worked with was very encouraging and positive.

    Cons

    The health benefits were a disappointment when they switched to HSA.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Could never assimilate myself completely in the office and did not enjoy the people I worked with nor the tasks at hand.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Accounting and Reporting Specialist I in Everett, MA
    Former Employee - Accounting and Reporting Specialist I in Everett, MA

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

    Pros

    Not much. Good health benefits but that is expected of a company this size. Free parking although it sucks in the freezing cold and bitter rain because it's above ground.

    Cons

    No free snacks, supplies are locked up in an unsafe wobbly cabinet, co-workers are depressed and unmotivated, very cheesy culture, smells old (the building has been there since the Cleveland cabinet), poor salary, unstructured, think I'm running out of space here. I can't really say that it's a bad place for everyone. A lot of people will be satisfied working here but they also like the punch in punch out career where incentives or actually learning is completely absent.

    Advice to ManagementAdvice

    Management is abusive and condescending. No loyalty to their long serving employees (not that I was one of them), surprised mutinies haven't formed as a result.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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