BNY Mellon Employee Reviews about "work life balance"

Pros

Opportunities to potentially transfer to a less toxic management team.

Cons

Poor work/life balance. Oppressive management. More and more work distributed to fewer and fewer employees. Constant fear of layoffs has created a toxic work environment.

Pros

Decent pay and benefits Work/life balance Great location Met amazing people

Cons

The quality of managers or team leads vary here. You would be lucky to land with a great group of people, but unfortunately I landed with someone who just doesn’t fit the role of manager or team lead. This particular individual created a toxic work environment, failed to follow the company’s code of ethics, and is not cognizant of those around her nor the best interests of the company. HR and the managers have not these resolved issues, so it’s a matter of accepting this unprofessional hypocrisy or leaving to a company that actually follows through with its policies and have their employees in mind. The company culture is toxic and not exactly the ideal place for quality mentorship or growth. The other positive reviews here read as fake, considering I had interviewed with the majority of employees in this particular branch and most have not said a single positive thing in regards to this company. It’s more like a keep your heads down and receive a paycheck type of environment. Training is subpar and some people are overpaid for the skills qualified. Seems like the kind of culture where one just coasts until retirement. Technology, as others previously have said, is dated and needs improvement. The very people who invested 10+ years of their lives in this company fell behind on modern tech but still kept their positions while laying off highly skilled workers who were tech savvy. Though there’s a layoff freeze in 2020, the following years do not look promising as this particular branch has a history of laying off workers and shrinking its workforce since inception. At one point in the company, there was no IT on site which is perilous for clients considering the confidential data being handled. Some employees have shown signs of severe mental illness that has affected the procedures. Instead of addressing the issue, they would sweep it under the rug. This kind of passive aggressive communication is jarring considering the kind of work we do and any miscommunication can and has led to issues regarding client data. Be warned of high turnover and overall somber atmosphere, lack of cohesion with teams and between departments. Due to budget restraints, this particular branch does not celebrate the usual milestones and holidays compared to its competitors. It’s quite demoralizing environment to be in. Other locations within BNY Mellon, like India, where most of the US jobs are being outsourced to, seem to enjoy team building events that is sorely lacking in this branch. As a first job, I would not recommend this company. As an investor, I would not do business with them and would seek elsewhere.