There are newer employer reviews for BNY Mellon
There are newer employer reviews for BNY Mellon

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A good place to work to learn about securities.

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Stock Transfer Agent in College Station, TX
Former Employee - Stock Transfer Agent in College Station, TX

I worked at BNY Mellon full-time (More than 3 years)

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

Pros

good pay, extensive training and great benefits. The job itself is easy if you pay good attention to detail, it's an excellent job for a single person because there are no unexpected absences to deal with.

Cons

very busy tax season, not the most family friendly as far as taking suck days goes, bought out by Computershare so I don't know how it is working for them.

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  1. Helpful (2)

    Archaic, but stable company who cares about your future

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Management Services in Orlando, FL
    Former Employee - Investment Management Services in Orlando, FL

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

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

    Pros

    Good 401(k) match. Good vacation time options. Many health and other insurance benefits to choose from. Although primarily a custodial bank, this behemoth has many departments and companies it owns to allow you to expand your career in different areas of the business. Also, one of very few companies left offering a pension plan. Very dedicated to diversity and inclusion among any "minority" group you can think of. Most roles are non-exempt, so overtime helps you increase your salary to a half-decent living situation.

    Cons

    Terrible advancement rules with upgrades in salary grade or transfers/promotions to other departments. If your current salary is anywhere within the massive range of the salary grade of your promotion or transfer, you keep your salary. This ends up forming groups of people where analysts are hired on making more money than senior members of the team and supervisors, and discourages employees from wanting jobs with extra challenge. Only the very top of the food chain receives bonuses or stock awards. Extraordinarily bureaucratic.

    Advice to Management

    Spend some time revisiting some of the ridiculous rules in place for the advancement of your employees.


  2. If you are an individual who excels you will be seen as key talent and will be advanced

    • 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
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    There is a great culture in many departments

    Cons

    Compensation is lagging in the Pittsburgh market compared to peers


There are newer employer reviews for BNY Mellon
There are newer employer reviews for BNY Mellon

See Most Recent

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