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

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Helpful (1)

VP, ops mgr

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Doesn't Recommend
Neutral Outlook

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

Pros

Decent benefits, great work team

Cons

5+ years of poor raises - as a manager having comp discussion with hard working staff is a nightmare - hard to tell them "you are great, and I value your hard work" here is your 1.5 % increase. NY offices are systematically being cleaned out - jobs all going overseas (for the oldest US bank to dump as many US jobs as it can is sad) - between poor comp,, constant top of the house restructuring (which only seems to lead to increased pay days for sr mgrs) and endless NY downsizing, morale is in the dumps. Bad performers are kept because mgrs know job would be replaced overseas and bad performer is better than no one at all. Remaining staff severely overworked and stressed.

Advice to Management

Senior mgmt viewed as greedy and clueless about what is actually happening in the trenches - some shared sacrifice is long overdue. Staff raises 1.6, CEO gets 11%. What is wrong with this picture? Fire senior HRBP - worst ever!

Other Employee Reviews for BNY Mellon

  1. Enjoyed my time, Fast paced, all new technologies

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Project Manager in Jersey City, NJ
    Former Employee - Senior Project Manager in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Talented staff, ability to work remotely at times

    Cons

    Sometimes too aggressive on delivery

    Advice to Management

    too many offshore members that are jr level doing senior level roles


  2. No bells and whistles

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I have been working at BNY Mellon full-time (More than 10 years)

    Pros

    - reasonable work hours - flex time - location - nice people - corporate social responsibility efforts

    Cons

    - bad benefits- keep getting worse (2013 specifically) - no proactive ergonomic consideration- employees suffer from equipment quality (chairs, etc.) - do not pay attention to the little things related to employee satisfaction - do not support competitive technology - things are difficult (education reimbursement, benefit enrollment, etc.)

    Advice to Management

    Focus on the little things to acheive employee satisfaction, engagement, and initiative. Foster an environment for creativity and collaboration. Promote health, social events and activities. Pay competitively to attract top talent.


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

See Most Recent

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