BNY Mellon

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

4 people found this helpful  

No Growth

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

I have been working at BNY Mellon full-time (more than 5 years)

Pros

Benefits, time off, hours are fine, salary (just make sure to negotiate a good one when hired).

Cons

Very little development, no coaching, which translates to very little upward mobility. Raises suck. And those that do move up are often ill equipped to manage teams or projects because of very little development.

Advice to ManagementAdvice

Take initiative to change the status quo, break down silos, and learn what it truly means to lead.

Recommends
Neutral Outlook
No opinion of CEO

1432 Other Employee Reviews for BNY Mellon (View Most Recent)

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  1. 3 people found this helpful  

    Just be happy you have a job!

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

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

    Pros

    Good vacation time, decent benefits, some good people are still with the firm.

    Cons

    Terrible management across the board. Mangers spend all their time working on and cutting the budget. No people skills whatsoever. Be prepared to be treated with indifference until things go wrong. If you are a prospective employee do your homework on the department you are interviewing with before accepting an offer.

    Advice to ManagementAdvice

    Send the managers to mangement training. Get feedback from employees about how to improve morale. Invest the time coach and mentor employees. Increase pay, it's too easy to get an increase by changing jobs.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 8 people found this helpful  

    Be prepared for bad salary and horrible promotions

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

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

    Pros

    Good Working Hours, Decent Vacation time, Decent benefits, Good diversity and infinity networks

    Cons

    Poor management period. The people who do work hard, don't get promoted. Meanwhile, the people who do get promoted take their friends with them to the top when they shouldn't be. Horrible office politics. Very old school mentality. Horrible systems to work with and way too many of them, nothing is streamlined correctly. Pay is awful and is based on management discretion, which again they give out raises and bonuses to their favorites and are not based on merits or hard work. They tend to promote from within, even if there is no one who is fit for the job, instead of going outside of the company for someone with better skillsets - which leads to employee dissatification, resentment and overall laziness. They keep employees with horrible work attitudes and poor work performance instead of hiring new blood with better overall morale.

    Advice to ManagementAdvice

    Trim the fat, get rid of employees with bad attitudes and bad work morale. Hire managers who actually have experience instead of promoting people who don't have the right experience. Have better reward systems for people who do work hard. Pay what your competitors are paying or better!

    Doesn't Recommend
    Disapproves of CEO
There are newer employer reviews for BNY Mellon

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