BNY Mellon

  www.bnymellon.com
  www.bnymellon.com
There are newer employer reviews for BNY Mellon

2 people found this helpful  

Heart in the right place, but head in the sand

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

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

Pros

Decent benefits, flexible work arrangements and career opportunities are there for those who network. Immediate management is doing the best with what they have.

Cons

Low pay, frozen pay and little to no recognition for above average contribution
Cuts were too deep across too many areas, many functions have yet to recover. It's nearly impossible to count on routine requests being routine.
Instead of hiring desperately needed employees the response has been to obtain, train and release contractors in a never ending cycle, bleeding institutional knowledge..
Management by metrics isn't taking into account the very important factors of culture and other intangibles. Too much 'ivory tower', senior management projects the image they are above understanding the interconnections of data and systems.

Advice to ManagementAdvice

Stop spending money on new cubicles and invest in the workforce.

Doesn't Recommend
Neutral Outlook
Approves of CEO

1358 Other Employee Reviews for BNY Mellon (View Most Recent)

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  1. 1 person found this helpful  

    BNY Mellon Shareowner services

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

    I worked at BNY Mellon as an intern (less than an year)

    Pros

    great people, great management. Work environment was comfortable, and was made even more comfortable with the CEO being a fun person to have a short talk with, given you are both on a break at the same time

    Cons

    compensation was alright. Being in financial services, one would expect to be compensated more.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Overall, a satisfying experience.

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

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

    Pros

    Good use of technology and good employee benefits. Quarterly technology review meetings keep everyone up to speed on the bank's use of technology.

    Cons

    Merit increases not worth the wait. Bonuses used to reward good work, but even they became small. Training was encouraged, but mostly through online courses.

    Advice to ManagementAdvice

    If you are not going to provide decent merit increases try rewarding through other means, such as telecommuting.

    Recommends
    Positive Outlook
    No opinion of CEO
There are newer employer reviews for BNY Mellon

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