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Relatively good benefits for full-time employees, but internal career progression is rather difficult.

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

I have been working at BNY Mellon full-time (More than 3 years)

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

Pros

Compared to other banks, the working hours are reasonable and work-life balance is fairly good. The company also supports employees via a variety of training programs, healthcare initiatives and flex-time arrangements.

Cons

Compared to other financial institutions, salaries are very low. Also, the salary bands are way too wide, and people can perform the same exact job for often $10-25,000 difference, which is unreasonable. One-size-fits-all time restrictions impede internal career movement for those who are ready to move up faster. Promotion within the same department often means a minimal salary increase as policies don't allow passing the minimum of the salary band.

Advice to Management

Better focus on employee development and nurturing internal talent.

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  1. BNY Mellon Asset Servicing

    • 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

    Pros

    Laid back atmosphere. Easy work.

    Cons

    Pay is low and insurance is subpar.

    Advice to Management

    Pay your employees fair value.


  2. Long and slow

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Work / life balance is reasonable

    Cons

    It is not clear how to get promoted and its easy to get stuck at VP level

    Advice to Management

    Upper management should seek to give people opportunities to advanced, and support each person with career advisors


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

See Most Recent

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