BNY Mellon - Great Summer Internship, could use a little bit more structure, but all in all a great experience with BNY Mellon. | Glassdoor
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"Great Summer Internship, could use a little bit more structure, but all in all a great experience with BNY Mellon."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Intern - Summer Analyst in New York, NY
Former Intern - Summer Analyst in New York, NY
Recommends
Positive Outlook
Approves of CEO

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

Pros

Highly educated employees with tons of knowledge and a lot to learn from. Compensation is always a plus and on the typical standard for investment banking.

Cons

Lack of structure in the summer program. Not many other cons, however more rotation with the trading floors or other departments would also be beneficial for continuing the learning experience.

Advice to Management

I highly advise that the interns are forced to do more projects that get them to interact. It will be a better experience fro everyone.

Other Employee Reviews for BNY Mellon

  1. Helpful (1)

    "Stepping stone opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in King of Prussia, PA
    Current Employee - Anonymous Employee in King of Prussia, PA
    Doesn't Recommend
    Disapproves of CEO

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

    Pros

    It's slightly better than unemployment, although I question that sometimes.

    Cons

    The pay scale is very low...no where near industry average. Most of the employees there are seniors that been with the company so long that when they were hired degrees wasn't mandatory, so they'll pretty much take anything. They can't attract new talent to save their lives. They don't plan on being competitive and retaining employees,bc they can outsource their work to India which is less expensive. Most of their work is going to India as we speak. The Valley Forge/kop office is filled with individuals who would accept anything for working.

    The longer you stay the harder it will be to leave.

    Advice to Management

    Invest in your employees and focus on employees retention.


  2. Helpful (3)

    "Sinking Ship"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in King of Prussia, PA
    Current Employee - Anonymous Employee in King of Prussia, PA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at BNY Mellon full-time (More than 10 years)

    Pros

    Free water - they make you pay for coffee though.

    Cons

    Nobody knows what is going on. Management is schizophrenic. Turnover is high. Everything is being outsourced to India. Policies and procedures being put into place test the limits of common sense. Raises are about 1% a year and they delay them at will. There is no room for advancement because people who quit are not replaced. This leads to the rest of the team doing double the work for no more pay. Needless to say, morale is awful.

    Advice to Management

    Just sell the asset servicing business to the highest bidder. It's obvious you don't want it.

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

See Most Recent

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