What are perks and other benefits like at BNY?

Good pay with better benefits and 8.5 working hours

Micro management and partiality within team

Great support for employees in terms of benefits and flexibility

Typical global corp, takes ages for any meaningful change but they are getting better

Two decades ago, at the commencement of my career, the working environment was characterized by a strong sense of camaraderie and support. The company provided generous pension plans and comprehensive benefits, fostering a positive and stable atmosphere.

Over the past decade, there has been a persistent decline in the work environment, marked by annual exacerbation. Workforce reductions and heightened stress levels have become commonplace, resulting in significantly diminished morale. Moreover, remote work opportunities are being curtailed, with new job postings specifying office-based roles that offer subpar benefits and below-average compensation.

Strong Reputation and Stability: BNY Mellon is one of the oldest and most reputable financial institutions in the world, offering employees a sense of security and pride in being part of a company with a long-standing history. Career Growth and Development: The company offers various opportunities for career advancement, including internal mobility, training programs, and professional development resources to help employees grow their careers. Diverse and Inclusive Culture: BNY Mellon places a strong emphasis on diversity, equity, and inclusion, offering an environment where employees from different backgrounds feel valued and respected. Global Presence: With offices around the world, BNY Mellon provides opportunities for employees to work in different regions or with colleagues from various parts of the globe, promoting cross-cultural collaboration and learning. Competitive Compensation and Benefits: The company offers competitive salaries, comprehensive benefits packages, and retirement plans, contributing to employees' overall well-being.

Slow Decision-Making Process: Due to the size and complexity of the organization, decisions can sometimes take longer to be made, which may hinder the pace of certain projects or initiatives. Bureaucratic Structure: As a large, established company, there can be a significant amount of bureaucracy, which may make it harder for employees to implement changes or innovate quickly. Old Legacy Systems: Some employees report that BNY Mellon relies on older legacy systems in certain departments, which can slow down efficiency and create challenges for tech innovation.

Good benefits, pension, private healthcare

The job is under paid (way below industry standard), under valued, over worked, toxic culture for experienced staff

Work life balance is pretty good overall with the benefits that are provided. Recognizable name.

Support is not provided when needed in order to win. When your team is understaffed, and all are putting in extended hours after work and weekends. Yet in still you are too blame for the unit not succeeding. Sad. You want to win as an individual, a team, organization and shareholder. Management is also slow to promote the hard work and effort put in. Compensation has been on a downward spiral, so be happy to get a check. However, that is just one of the motivating factors to move on.

Very good insurance & other benefits for the employee

Senior management & sometimes work balance is hard to maintain

Top tier benefits, pay and room for advancement

Difficult to make it in due to competition.

Reputation: BNY Mellon is a globally recognized financial institution with a long history, which can enhance your resume and open doors for future career opportunities. Stability: As a large, established company, BNY Mellon offers relative stability in terms of job security and benefits compared to smaller or newer companies. Networking opportunities: Working at BNY Mellon provides opportunities to network with professionals in the finance industry, which can be valuable for career growth and advancement. Learning opportunities: BNY Mellon offers various training programs and resources to help employees develop their skills and knowledge in finance and related fields. Competitive compensation: BNY Mellon typically offers competitive salaries and benefits packages to attract and retain top talent.

Bureaucracy: Like many large corporations, BNY Mellon may have layers of bureaucracy that can slow down decision-making and hinder innovation. Work-life balance: Some employees may find it challenging to maintain a healthy work-life balance due to the demands of the finance industry and the pressure to meet deadlines. Limited mobility: While BNY Mellon is a large company, advancement opportunities may be limited within certain departments or locations, leading to a feeling of stagnation for some employees. High expectations: Working in finance can be demanding, and employees at BNY Mellon may face high expectations in terms of performance and productivity. Regulatory scrutiny: As a financial institution, BNY Mellon is subject to strict regulations, which can result in compliance requirements that add complexity to the work environment.

Amazing benefits, good culture and mostly good work life balance.

You don't have a choice on your work if you are in a certain team or program.