BNY Mellon - Blahhh | Glassdoor
There are newer employer reviews for BNY Mellon
There are newer employer reviews for BNY Mellon

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"Blahhh"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - ETF Accountant in Brooklyn, NY
Current Employee - ETF Accountant in Brooklyn, NY
Doesn't Recommend
Neutral Outlook
Approves of CEO

I have been working at BNY Mellon full-time (More than 3 years)

Pros

I had the opportunity to improve my communication skills by training new hires on how to handle the day to day task. Lots of client interaction.

Cons

Automated Process for many of the task. Hard to distinguish between employees, Zero focus on employee retention and engagement. Lots of downtime

Advice to Management

Figure out a way to have the employees engaged. Figure out way to increase talent.

Other Employee Reviews for BNY Mellon

  1. "Large organization with strong balance sheet and opportunities for growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Senior Project Manager in New York, NY
    Current Contractor - Senior Project Manager in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at BNY Mellon as a contractor (More than a year)

    Pros

    Large organization with strong balance sheet
    Good inhouse training opportunities
    Good work life balance

    Cons

    Not an innovator
    People are good but not very entrpreneurial
    Silos within the bank make it difficult to get things done and to get certain groups to take ownership
    Cannot easily process anything that is out of the ordinary

    Advice to Management

    Incubate innovation in smaller groups


  2. Helpful (4)

    "From Ok to Bad to Worse"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Los Angeles, CA
    Current Employee - Associate in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    If you're a less than ideal employee: No repurcussions or accountability for you.
    If you're in India: Our jobs are coming your way!
    We have several new colors added to our marketing material.

    Cons

    No direct HR contact for our location; HR helpline cannot give precise or direct answers to any benefits questions (such as health coverage, the use of HSA and the use of FSA). Red tape abounds to get any process completed. No incentive to take initiative or cross-sell because there is no direct compensation for either. No back-filling of jobs as departments lose employees through attrition and lay-offs. Everyone is doing two to three times the work with no compensation to match or gratitude. Morale is at all time low regardless of location. Jobs are increasingly being outsourced to India. I suppose that's a "Pro" if you're in India. No way to have voices heard or acknowledged. Higher ups are not reachable. Managers are not empowered to make sound business decisions for their line of business. Every department is very siloed. Proactive communication is non existent. Forecast of company business is dim. Perks are slowly being taken away.

    Advice to Management

    Read and take to heart all of the comments submitted during the annual employee survey; we all know the results were not as positive as you imply.

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

See Most Recent

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