Bessemer Trust Company

www.bessemertrust.com
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Bessemer Trust Company Reviews

Updated June 27, 2015
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3.7
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Recommend to a friend
Approve of CEO
Bessemer Trust Company CEO Marc D. Stern
Marc D. Stern
9 Ratings

26 Employee Reviews

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  1. Great 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 Bessemer Trust Company

    Pros

    Good compensation and challenging work at Bessemer
    Supportive management that helps advance younger employees

    Cons

    High end clients make the work stressful
    End of year can lead to longer hours
    Taking too much vacation is frowned upon


  2. Great place to work!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in South San Francisco, CA
    Former Employee - Anonymous Employee in South San Francisco, CA

    I worked at Bessemer Trust Company (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Friendly, consistent, solid company. Client retention is remarkable.

    Cons

    Can feel male dominated at times, but that is the finance industry in general.

    Advice to Management

    None.


  3. Clerk

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

    I have been working at Bessemer Trust Company

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    The culture is welcoming and energetic.

    Cons

    I have noticed no cons with the organization.


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


  5. Rate per hour is low, Perm Salaries are average

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative Assistant in Greenwich, CT
    Current Employee - Administrative Assistant in Greenwich, CT

    I have been working at Bessemer Trust Company

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Super easy commute. Perks, and gorgeous office

    Cons

    IT & HR dept need to evolve...


  6. Helpful (1)

    Great place to work

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

    I have been working at Bessemer Trust Company

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

    Pros

    Good People to work with

    Cons

    Slow career progression across the entire company

    Advice to Management

    none


  7. Helpful (1)

    Solid company

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

    I have been working at Bessemer Trust Company full-time (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Medium Size, Interesting Clients, Friendly Atmosphere

    Cons

    Pay is below market rate in wealth management

    Advice to Management

    Provide more financial incentives for employee performance.


  8. Helpful (1)

    IT Staff Over-worked and Under-paid

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technologies in Woodbridge, NJ
    Former Employee - Technologies in Woodbridge, NJ

    I worked at Bessemer Trust Company

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

    Pros

    Good benefits, smart people, work space being remodeled.

    Cons

    IT staff is overworked and stressed from trying to do too much without sufficient resources. Senior management wants first-class results but doesn't want to hire enough people to make that possible, so everyone works overtime without compensation. Raises are pathetic. The knives are out so CYA,

    Advice to Management

    Be careful not to take on your clients' disdain for working people. Value the tremendous loyalty and dedication of your employees. Hire enough IT staff to create the first-class infrastructure you want. Share the wealth. Stop playing the blame game.


  9. Helpful (3)

    Good Company to work for

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

    I worked at Bessemer Trust Company full-time (More than 8 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Profit Sharing, Bonus, Medical...lots of perks

    Cons

    Lots of back-stabbing people, gossip

    Advice to Management

    Nothing


  10. Helpful (6)

    Dead end job, but family oriented

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

    I have been working at Bessemer Trust Company full-time (More than 8 years)

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

    Pros

    Most of the people have been at the company for 20-30 years and this is there last stop. The company is stable and if you have kids it is a wonderful place to work.

    Cons

    There is absolutely no room for advancement! Don't come here expecting to get promoted when you do well or getting paid market. Literally someone has to die for you to get promoted. If you don't have any kids, don't expect to get the same treatment for time off.

    Advice to Management

    Promote more from within and pay your employees better and they might stay...


  11. Helpful (4)

    Changes ahead?

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

    I have been working at Bessemer Trust Company full-time (More than 3 years)

    Pros

    There have been some recent changes at the top which will hopefully bring Bessemer into the 21st century. Most people do not work long hours. Benefits are decent but were recently changed to more cost to employee. People are friendly.

    Cons

    Annual salary increases are no more than a cost-of-living raise. Bonuses are small by industry standards. You'll have to ask for a raise or promotion. Your experience at Bessemer will LARGELY depend on which group you work for and who you report to. Some people are great and others, well, not so much.

    Advice to Management

    Continue shaking things up.



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