Bessemer Trust Company Reviews | Glassdoor

Bessemer Trust Company Reviews

Updated April 19, 2017
46 reviews

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Full-time Part-time

3.9
Star Star Star Star Star
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Approve of CEO
Bessemer Trust Company CEO Marc D. Stern
Marc D. Stern
19 Ratings

46 Employee Reviews

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Pros
  • Pay is good, work/life balance is excellent (in 5 reviews)

  • Great benefits and the company promotes work life balance, which is nice (in 7 reviews)

Cons
  • People RARELY take lunches and it's almost frowned upon if you do (in 2 reviews)

  • No one checks your calendar before popping a meeting on it (in 2 reviews)

More Pros and Cons

  1. "Sr. Executive Administrator"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Bessemer Trust Company full-time (More than 5 years)

    Pros

    Collegial, well-mannered, corporate environment with an exceptional benefit package.

    Cons

    Not a lot of upward mobility for career advancement


  2. "Operations Assistant"

    Star Star Star Star Star
    Former Employee - Data Operations Assistant in New York, NY
    Former Employee - Data Operations Assistant in New York, NY
    Recommends

    I worked at Bessemer Trust Company (Less than a year)

    Pros

    Team was great, everyone was very nice. Lots of events with co-workers at lunch and outside of work very welcoming environment

    Cons

    office atmosphere more conservative and older feel


  3. Helpful (5)

    "Ok. Terrible work/life balance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Staff Accountant in New York, NY
    Former Employee - Staff Accountant in New York, NY
    Doesn't Recommend
    Positive Outlook

    I worked at Bessemer Trust Company full-time (More than 8 years)

    Pros

    Great benefits (healthcare, 401K, bonus, salary, pension).
    Stable

    Cons

    Terrible work/life balance. Not family friendly. Frowns about working remotely - under any circumstances.

    Advice to Management

    Join the 21st century.


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  5. Helpful (1)

    "Invest in the infrastructure"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Former Employee - Consultant in New York, NY
    Former Employee - Consultant in New York, NY
    Doesn't Recommend
    Neutral Outlook

    Pros

    Very close to Grand Central at Rockefeller Center. Modern office setting; you're not sitting on top of each other. Pay as a contractor was respectable

    Cons

    Glacially slow in getting any changes done. People RARELY take lunches and it's almost frowned upon if you do. Could be because the staff needs to be expanded. I've worked for companies that had 3X the number of people doing the same jobs and those employees weren't stressed or burnt out looking for a different job. No one checks your calendar before popping a meeting on it. No refrigerator, Microwave or Sink anywhere; that's a small thing to make people happy. Bussiness dress; men have to wear ties -- what year is it?

    Advice to Management

    invest in your infrastructure


  6. "A good home for a little while"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Bessemer Trust Company full-time

    Pros

    Focus on service and what is best for the client
    CIO on MSNBC regularly, so great visibility
    On the most part, I really liked my job and the people I worked with
    The benefits are amazing, lots of vacation time

    Cons

    Technology is very behind industry norm, heavy reliance on paper vs electronic for client communications
    Inconsistent promotions of employees across departments, not a ton of room for growth functionally

    Advice to Management

    You're doing a lot of things right, and this is a good home for a little while, but you need to find a way to engage the mid-level employee.


  7. "Estate Administration"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Contract Attorney in New York, NY
    Former Employee - Contract Attorney in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Collegial atmosphere, interesting work, client contact

    Cons

    None. I enjoyed my time there.


  8. Helpful (2)

    "Great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Woodbridge, NJ
    Current Employee - Analyst in Woodbridge, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Big company
    Above market pay
    growth potential
    learning experience
    friendly, helpful people
    great benefits

    Cons

    slow paced depending on role


  9. Helpful (2)

    "Great place to work!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in South San Francisco, CA
    Former Employee - Anonymous Employee in South San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bessemer Trust Company (More than 3 years)

    Pros

    Friendly, consistent, solid company. Client retention is remarkable.

    Cons

    Can feel male dominated at times, but that is the finance industry in general.

    Advice to Management

    None.


  10. Helpful (1)

    "Rate per hour is low, Perm Salaries are average"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative Assistant in Greenwich, CT
    Current Employee - Administrative Assistant in Greenwich, CT
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Super easy commute. Perks, and gorgeous office

    Cons

    IT & HR dept need to evolve...


  11. Helpful (3)

    "Solid company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Client Advisor in New York, NY
    Current Employee - Associate Client Advisor in New York, NY
    Recommends
    Positive Outlook

    I have been working at Bessemer Trust Company full-time (More than a year)

    Pros

    Medium Size, Interesting Clients, Friendly Atmosphere

    Cons

    Pay is below market rate in wealth management

    Advice to Management

    Provide more financial incentives for employee performance.



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