BNY Mellon

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

1 person found this helpful  

Below industry average pay, lacks career growth opportunity

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Senior Analyst in Tacoma, WA
Current Employee - Senior Analyst in Tacoma, WA

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

Pros

Hours are flexible, work from home, easy vacation scheduling. The company also values new ideas and innovation, and an employee can directly effect the enhancement of a product or practice.

Cons

Below industry average salary, with no opportunity for bonuses or performance based raises. Yearly cost-of-living increase consistently falls below inflation rate.

Recognition at the company is dissatisfactory. While one employee can effect products or practices, receiving praise or reward for doing so is extremely rare. Coupled with no bonuses, this fosters an environment where employees lack any incentive to improve existing conditions.

Career growth is also mostly stagnant. The company has significant difficulty retaining talented employees, and the remaining workforce consists of many "lifers", older individuals who are okay at their one specific job function, and have no desire to go further. This lack of personal drive rebounds off management and fosters an environment where having ambition to grow is considered an annoyance.

Advice to ManagementAdvice

Take the time to understand what motivates your employees, and offer those motivations as incentive. More competitive pay and opportunity for performance bonuses would be ideal.

Doesn't Recommend
Neutral Outlook
No opinion of CEO

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

Sort: Rating Date
  1.  

    Going Nowhere

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

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

    Pros

    Flexible hours, vacation time and nice working conditions.

    Cons

    No advancement opportunities, insignificant merit increases, health care benefits, mediocrity is rewarded.

    Doesn't Recommend
    Positive Outlook
  2. 1 person found this helpful  

    Limited opportunities in the NYC area.

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

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

    Pros

    Flexible schedule, not a lot of micro management.

    Cons

    Limited career paths, moving positions to low cost centers.

    Advice to ManagementAdvice

    Thin the ranks of middle management.

    Recommends
    Negative Outlook
    Approves of CEO
There are newer employer reviews for BNY Mellon

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