BNY Mellon - No Growth | Glassdoor
There are newer employer reviews for BNY Mellon
There are newer employer reviews for BNY Mellon

See Most Recent

Helpful (4)

"No Growth"

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

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

Pros

Benefits, time off, hours are fine, salary (just make sure to negotiate a good one when hired).

Cons

Very little development, no coaching, which translates to very little upward mobility. Raises suck. And those that do move up are often ill equipped to manage teams or projects because of very little development.

Advice to Management

Take initiative to change the status quo, break down silos, and learn what it truly means to lead.

Other Employee Reviews for BNY Mellon

  1. Helpful (1)

    "BNY Mellon Shareowner services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern in Jersey City, NJ
    Former Intern - Anonymous Intern in Jersey City, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at BNY Mellon as an intern (Less than a year)

    Pros

    great people, great management. Work environment was comfortable, and was made even more comfortable with the CEO being a fun person to have a short talk with, given you are both on a break at the same time

    Cons

    compensation was alright. Being in financial services, one would expect to be compensated more.


  2. Helpful (4)

    "Heart in the right place, but head in the sand"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Manager in Pittsburgh, PA
    Current Employee - Applications Manager in Pittsburgh, PA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at BNY Mellon full-time (More than 8 years)

    Pros

    Decent benefits, flexible work arrangements and career opportunities are there for those who network. Immediate management is doing the best with what they have.

    Cons

    Low pay, frozen pay and little to no recognition for above average contribution
    Cuts were too deep across too many areas, many functions have yet to recover. It's nearly impossible to count on routine requests being routine.
    Instead of hiring desperately needed employees the response has been to obtain, train and release contractors in a never ending cycle, bleeding institutional knowledge..
    Management by metrics isn't taking into account the very important factors of culture and other intangibles. Too much 'ivory tower', senior management projects the image they are above understanding the interconnections of data and systems.

    Advice to Management

    Stop spending money on new cubicles and invest in the workforce.

There are newer employer reviews for BNY Mellon
There are newer employer reviews for BNY Mellon

See Most Recent

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