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BNY Mellon

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BNY Mellon

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BNY Mellon Reviews

Updated Jun 7, 2023

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Found 9,923 of over 11K reviews
3.6
69% Recommend to a Friend
BNY Mellon Chief Executive Office Robin Vince
66% Approve of CEO

Found 9,779 of over 11K reviews

3.6
69%
Recommend to a Friend
66%
Approve of CEO
BNY Mellon Chief Executive Office Robin Vince
Robin Vince
65 Ratings

What people are saying about BNY Mellon

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Top Review Highlights by Sentiment

Pros
  • "Good work life balance so you can manage your professional and personal life together very good(in 874 reviews)
  • "People were great and i enjoyed that no one had any egos when it came to assignments at hand.(in 650 reviews)
  • "Provides good benefits and very flexible when it comes to handling personal matters outside of work.(in 636 reviews)
  • "Culture is good and diversity(in 241 reviews)
  • "Good work culture and Values(in 201 reviews)
Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Ratings by Demographics

This rating reflects the overall rating of BNY Mellon and is not affected by filters.

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  1. 5.0
    Current Employee

    Great company

    May 16, 2023 - Analyst in Lake Mary, FL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great atmosphere and company to work for

    Cons

    None so far at this time

    Continue reading
    Be the first to find this review helpful
  2. 1.0
    Current Employee, more than 10 years

    Mediocrity Across All Categories

    May 31, 2023 - Technology Guy in Jersey City, NJ
    Recommend
    CEO Approval
    Business Outlook

    Pros

    It's a steady paycheck. Some of the people are very nice, even if not the sharpest blades in the shop.

    Cons

    Company learned nothing from the pandemic -- now forcing everyone back to the office despite all evidence that it will reduce productivity and efficiency. Micromanagement and rule by committee are the order of the day. Some of the most productive areas are chronically understaffed and under budgeted. New "digital" and "X" units are populated by poseurs and charlatans delivering substandard products and vaporware. Stacked ranking and ongoing layoffs lead to perverse outcomes and unfair division of labor.

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  4. 1.0
    Current Employee, more than 10 years

    Ridiculous compensation structure

    Mar 28, 2023 - Lead Analyst in New York, NY
    Recommend
    CEO Approval
    Business Outlook

    Pros

    If you are lucky to be in a good team or group with a good group manager. Matching 401K up to 7% but matching is only contributed to 401K at the end of the year so you can’t dollar cost average.

    Cons

    Non exempt employees can make more money than exempt employees two levels higher with overtime. Annual raises are not keeping up with inflation. Most managers, AVPs and VPs had never went through leadership training. Some teams are filled with incredibly selfish people who don’t help other employees. Most middle managers have no concern for professional development for staff. They just want everyone to stay where they are doing the same tasks. Servicing a financial product gets compartmentalized to gain economies of scale in turn if you don’t move around you are not marketable when looking for jobs outside the company. They know this so they take advantage of lowballing employees in raises and in promotions. Incredibly short sighted company who doesn’t value human capital while courting executive level people.

    Continue reading
    17 people found this review helpful
  5. 5.0
    Current Employee

    Great Company

    Jun 6, 2023 - Client Service Representative 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great values Great training Support is amazing Quick hiring process

    Cons

    Based on individual relationships No cons

    Be the first to find this review helpful
  6. 5.0
    Former Employee, more than 5 years

    Great place to work and learn

    May 31, 2023 - Senior Representative in Westborough, MA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Overall, good place to work, plenty of people to learn from. Higher ups willing to teach you if they see you being curious and willing to learn.

    Cons

    No downsides really. As with any job, you have to make the most of it. Try to learn, do more than the bare minimum.

    Be the first to find this review helpful
  7. 5.0
    Current Employee

    Great Company

    Jun 5, 2023 - Analyst in New York, NY
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good exposure and resume headline without the stress of a 12+hr day like at some banks.

    Cons

    Salary/Benefits could be more competitive within industry

    Be the first to find this review helpful
  8. 4.0
    Current Employee, more than 3 years

    Good, Could Be Better

    Dec 28, 2022 - Shareholder Services Representative in Westborough, MA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Work from home.Starting pay is great. Interaction with the clients.

    Cons

    The starting pay is great, but you should not be stuck in that pay range for more than a year. They hire through temp agencies and hire you permanent from there, but your pay never changes in the process. It would be nice to actually earn a living wage, especially when living in a state with a high cost of living.They pick apart calls for some people —but then you have an employee who out right told a caller where to get off, and he is still there taking calls.

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    1 person found this review helpful
  9. 3.0
    Current Employee, more than 1 year

    Typical large bank

    Jun 5, 2023 - VP, Finance and Administration in Boston, MA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    -Typical large bank. Usually know what to expect. -if member of protected group you will be fast tracked

    Cons

    -Benefits shrinking (401k in particular, newest change is the match paid all at once in March. Amount of match determined at that time. -Management out of touch - too concerned with pushing social agendas like DEI, Gender ID, etc.

    Continue reading
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  10. 4.0
    Former Employee

    Great place to work!

    May 27, 2023 - Senior Representative, Fund/Client Accounting in Everett, MA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Excellent opportunity to get exposure to fund accounting.

    Cons

    When there is work you are busy, when there isn’t it can lead to people getting laid off.

    Continue reading
    1 person found this review helpful
  11. 5.0
    Current Employee

    Good Company

    Jun 3, 2023 - Vice President in Orlando, FL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Flexible environment that allows for learning

    Cons

    Pervasive culture of getting the minimum done

    Be the first to find this review helpful
Viewing 1 - 10 of 9,779 Reviews
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BNY Mellon Reviews FAQs

BNY Mellon has an overall rating of 3.6 out of 5, based on over 10,867 reviews left anonymously by employees. 69% of employees would recommend working at BNY Mellon to a friend and 63% have a positive outlook for the business. This rating has been stable over the past 12 months.

According to anonymously submitted Glassdoor reviews, BNY Mellon employees rate their compensation and benefits as 3.4 out of 5. Find out more about salaries and benefits at BNY Mellon. This rating has been stable over the past 12 months.

69% of BNY Mellon employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated BNY Mellon 3.6 out of 5 for work life balance, 3.7 for culture and values and 3.5 for career opportunities.

According to reviews on Glassdoor, employees commonly mention the pros of working at BNY Mellon to be coworkers, work life balance, benefits and the cons to be senior leadership, management, career development.

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BNY Mellon is a trusted advisor and business partner. We consider everything to reveal unseen value in the financial world. As a...More

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BNY Mellon

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We're honored to be named to the @Fortune World’s Most Admired Companies list for the 26th time, reinforcing our position as a world-class employer! Thank you to our dedicated employees who make our firm a wonderful place to work. #MostAdmiredCos #LifeAtBNYMellon
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BNY Mellon Named Among 'Most Admired' and 'Most Just' Companies in 2023
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Glassdoor has 10,867 BNY Mellon reviews submitted anonymously by BNY Mellon employees. Read employee reviews and ratings on Glassdoor to decide if BNY Mellon is right for you.