Long career, quick exit. - Officer BNY Employee Review

2.0
Sep 8, 2010
Recommend
CEO approval
Business Outlook

Pros

In the early years, before Mellon merger, it was a great place to be employed. The hours were good, and employees were treated well. During the Bacot years, employees were actually respected.

Cons

Favoritism, favoritism, favoritism. Mellon management team lacks knowledge of.. anything. Got rid of great NY people in favor of the lower cxost location thinking. In some cases, replaced these NY employees with 3 or 4 contractors in Pittsburgh. No loyalty to good, hard working employees. Very little free time as migration efforts took away alot for family time

Explore other reviews about BNY

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

4.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

There is real opportunity for career and skill growth. The company runs short on head count, so people willing to take on more responsibilities have avenues to progress. However, you will need to force the issue for promotions & large salary increases after you prove your capabilities. Realistically it'll take an external counteroffer to move the needle.

Cons

It's a large bank and you're a number in the system. If your NPV is positive you'll stay, else you'll be laid off. This includes both scenarios you control and those you don't. Ex. You control your performance, in office time and networking You don't control if your location is a strategic growth site, if a major client goes with a competitor, or if you'd be impacted by a general company-wide layoff plan.

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