BNY Mellon Reviews | Glassdoor

BNY Mellon Reviews

Updated April 29, 2017
2,858 reviews

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Full-time Part-time

3.0
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
952 Ratings

2,858 Employee Reviews

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Pros
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More Pros and Cons

  1. "Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Pune (India)
    Former Employee - Associate in Pune (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BNY Mellon full-time (More than 5 years)

    Pros

    One of the best places work in terms of employee friendly work culture, work life balance, compensation and HR policies.

    Cons

    Less or no learning.
    No career progression planning.
    Biased Managers/top management.

    Advice to Management

    Try to find/align managers with sufficient expertise in the area team works not just people managers.
    Workout employee career planning/progression


  2. "BNY MELON"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon full-time

    Pros

    i like it because its a Financial company

    Cons

    laying off, downsizing and restructuring

    Advice to Management

    Keep the bank moving foward


  3. "ISS Specialist II"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - ISS Specialist II in Pittsburgh, PA
    Current Employee - ISS Specialist II in Pittsburgh, PA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Plenty of opportunities to change roles within the company
    Laid back culture

    Cons

    Base pay could be better

    Advice to Management

    Improve management structure
    Improve communication methods from top to bottom


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  5. "Good Company to Get Your Foot In the Door With"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at BNY Mellon full-time

    Pros

    Very friendly environment, love the people I work with, we get to dress casual every day, awesome benefits

    Cons

    There is little to no room for advancement within the department, and it is much harder than one would think to acquire a job in another department within BNY. They also base pay off of salary grades and do not give much of an increase in salary.

    Advice to Management

    Give incentives to work harder; i.e. pay increase, employee of the month, gift cards, etc.
    I have found that when I work harder, I just get piled with more work instead of the work being evenly dispersed throughout.


  6. "work Life"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Pune (India)
    Current Employee - Analyst in Pune (India)
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good Work experience, Knowledge, Job Security

    Cons

    Cost Cutting, Facilities, less allowances

    Advice to Management

    Focus on quality & work comfort rather than cutting costs everywhere.


  7. "Good benefits but shocking environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Manchester, England (UK)
    Former Employee - Anonymous Employee in Manchester, England (UK)
    Negative Outlook
    Disapproves of CEO

    I worked at BNY Mellon full-time (Less than a year)

    Pros

    Decent benefits
    Lots of social activities

    Cons

    Unprofessional management/Poor training
    Bullying culture/Hierarchical/opportunities given to some not others/high turnover of staff roles.not.covered people expected to cover roles with minimal training

    Advice to Management

    Very unprofessional management eg behaviours/attitude
    Listen to your staff
    Lookat why attrition is poor !


  8. "Fund/Investment accountant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accountant in Wilmington, DE
    Former Employee - Accountant in Wilmington, DE
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at BNY Mellon full-time (More than a year)

    Pros

    Friendly coworkers with ok benefits

    LEAVE with-in 2 years

    Cons

    • The pay is below the industry standard
    • Felt like paid Slavery
    • Long hours
    • Your extra effort is never noticed.
    • When an issue arises it's a finger pointing game instead of trying to resolve the issue.
    • Minimum controls in place to pervent errors
    • Inadequate training ( if something doesn't go as planned luck).
    • Want innovation ideas but won't consider your idea because it's there way or the highway.
    • Outdated software (leaves too many opportunities for errors)
    • Management is unsure how to process some transactions and it's a guessing game sometimes.
    • If you want a promotion, your hard work and long hours won't do it ,be prepared to kiss some butt
    • Turnover is VERY HIGH from layoffs and people just leaving. (Personally knew about 23 people who left. I'm not being dramatic )
    • Career Growth is limited don't listen to the dream they try to sell you.

    Advice to Management

    • Listen to the people actually doing the work.
    • Try to be more innovational
    • Promote existing employees instead of hiring external employees so that you can retain your top talent.
    • Work life balance vs pay is unacceptable
    • Implement more EFFECTIVE controls


  9. "ok place, busy work and hours"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon full-time

    Pros

    big firm. formal working environment

    Cons

    lots of work, long hours.


  10. "Shocking management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Reconciliation Administrator in Manchester, England (UK)
    Former Employee - Reconciliation Administrator in Manchester, England (UK)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at BNY Mellon full-time (More than a year)

    Pros

    Met a few nice people and liked the hours I worked but that's about it to be honest with you

    Cons

    Poor management, communication, management de-motivate staff and push them away. No enthusiasm whatsoever

    Advice to Management

    COMMUNICATE and MOTIVATE your staff instead of not Having a care in the world


  11. "F5 knowledge"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon full-time

    Pros

    Looking best knowledge of f5

    Cons

    Additional knowledge on load balancing


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