BNY Mellon

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

1 person found this helpful  

Good work and dedicated people, limited advancement opportunities.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Project Manager in Pittsburgh, PA
Current Employee - Project Manager in Pittsburgh, PA

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

Pros

Global organization with managers who truly appreciate diversity.
Backbone of economic flow of cash and capital globally.
Emerging focus on empowering and recognizing talent (more), but not there yet.
Professional development opportunities through newly unified training/development organization.
Risk management culture has created one of the "safest banks in the US" (per financial crisis)

Cons

Even with outstanding performance record over many years, limited advancement.
Anecdotally, many employees feel frustrated by lack of rewards (e.g. pay raises and bonuses), and lack of recognition.
Culture aspires to employee empowerment and "continual improvement", but is hampered by fiefdoms and industrial-era management style.
Risk management culture stifles creativity
Senior leaders communicate an attractive vision of the future, but struggle to execute and make this tangible to most

Advice to ManagementAdvice

Figure out how to engage, empower, and unleash the potential of many more employees beyond a select few. Remove the clock-punching deadwood people who simply don't care. Recognize and promote many more existing staff, rather than looking primarily outside for solutions to problems.

Recommends
Positive Outlook
Disapproves of CEO

1484 Other Employee Reviews for BNY Mellon (View Most Recent)

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  1.  

    Overall Positive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Internal Consultant in Pittsburgh, PA
    Current Employee - Internal Consultant in Pittsburgh, PA

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

    Pros

    great people to work with in Pittsburgh, PA and Oriskany, NY

    Cons

    management communication with staff does not instill trust

    Advice to ManagementAdvice

    Recognize that your employees are by far your most important asset

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2.  

    I worked at BNY Mellon

    Pros

    Big company with great flexibility and possible changes, all depends on your manager

    Cons

    All depends on your manager, complete uncertainty in your future and very bad medical benefits. Most accent on the offshores

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