BNY Mellon Reviews | Glassdoor

BNY Mellon Reviews

Updated October 19, 2017
3,157 reviews

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3,157 Employee Reviews

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Pros
  • Excellent Work Life balance,Better Compensation (in 371 reviews)

  • Life and Work are perfectly balanced Great Work Environment (in 178 reviews)

Cons
More Pros and Cons

  1. Helpful (1)

    "IT Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I worked at BNY Mellon full-time (More than 10 years)

    Pros

    Not Many, apathy is everywhere

    Cons

    poor management in key positions, continuous/threat of layoffs, many projects missed

    Advice to Management

    At least you changed senior management (CEO/CIO), Good luck


  2. "BNY"

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

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

    Pros

    Good management who does what they can with challenges from above.

    Cons

    Poor work / life balance, very short staffed with no end in sight.

  3. "Do not recommend"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Control Accounting Specialist in King of Prussia, PA
    Former Employee - Control Accounting Specialist in King of Prussia, PA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Cheap benefits, 5% 401k match and working for the company looks good on your resume.

    Cons

    Low pay compared to industry, no bonus, very small raises, only 2 weeks vacation for the first 3 years, it is very hard to move up, and company is trying to move most of the work overseas.

    Advice to Management

    Spend more money on retaining the talented people and rewarding them for hard work and the turnover wouldn't be so high. Also, need to move on from some of the people who have been there forever, they are entitled and are no longer motivated to work hard, yet because they have been there so long they control everything.


  4. "BNYMellon Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager/Developer
    Current Employee - Project Manager/Developer
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at BNY Mellon full-time (Less than a year)

    Pros

    Retirement and vacation time is definitely a pro

    Cons

    Exceedingly high levels of stress, time management requirements, communication to employees, pay/merit incentives, and teamwork are some of the main cons

    Advice to Management

    Do not wait till talented employees are seeking new jobs to attempt to promote them or give them an incentive to hang around.


  5. "Over view of bny mellon"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Learned a lot about the business

    Cons

    Poor management & hardly any chance for advancement


  6. "Management Competance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at BNY Mellon full-time

    Pros

    Global company but not very many people know exactly what is its cash cow product

    Cons

    Cut throat environment for voiceless employees

    Advice to Management

    Be hands-on. KYC for your employees from day one


  7. "Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Representative
    Current Employee - Representative
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at BNY Mellon full-time (More than a year)

    Pros

    Not to much. Long days, repetitive work...same thing everyday

    Cons

    Poor salary, poor management,

    Advice to Management

    Be real, stop lying.

  8. "Only have been working there for a week, but love it so far, learning allot"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Derivative Operations Specialist in Orlando, FL
    Current Employee - Derivative Operations Specialist in Orlando, FL
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at BNY Mellon (Less than a year)

    Pros

    Good place to start your career in Finance and interesting work environment. Good pay, good benefits, good location, close to UCF

    Cons

    Make you stay till 7pm sometimes. The on boarding process isn't very organized. Other than that I can't think of any other cons really.

    Advice to Management

    Be more engaging when training


  9. Helpful (1)

    "Accounting Supervisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Accounting Supervisor in Pittsburgh, PA
    Current Employee - Accounting Supervisor in Pittsburgh, PA
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    401k company matching policy, stable job, full benefits, 4 weeks vacation and holidays, a large number of departments and organizations to work amongst, Eagle, IAS, Fund Accounting, GAAP Accounting, Reconciliation, Fund Valuation, Bloomberg and DTC exposure, Investment Manager Support into Large institutional, Mutual and Private Wealth Fund Basis

    Cons

    Not as competitive of a salary as would be expected of a Large company, Small Merit increases and bonuses from the merger as well as the financial collapse, sometimes it is hard to find opportunities outside of your department and hiring managers to take a chance on your work experience and skills

    Advice to Management

    Attempt to work with Upper Management on a better incentive plan


  10. "VP, Marketing Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at BNY Mellon full-time

    Pros

    Opportunities for growth and development. Mobility, flexibility. Great 401k match.
    The people are the best I've ever worked with.

    Cons

    Biggest con: Does not pay competitively. Benefits are expensive.

    Advice to Management

    Happy people, happy clients, happy shareholders. And, pay your people competitively.


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