BNY Mellon - Ok could be better but oh well | Glassdoor
There are newer employer reviews for BNY Mellon
There are newer employer reviews for BNY Mellon

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"Ok could be better but oh well"

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Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at BNY Mellon full-time

Pros

good work life balance with life

Cons

too bureacratic and no career movement

Other Employee Reviews for BNY Mellon

  1. Helpful (4)

    "good ol boys club still exists at this outdated bank"

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    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Associate in New York, NY
    Former Employee - Sales Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at BNY Mellon full-time (More than 3 years)

    Pros

    job security and stability due to bank creditworthiness is great if you are an asset to the company.
    this is a great place to work if you are a man in your mid 30's...you will be managing director once you start showing some gray hair. most of the work is very menial so if you are not very ambitious this place is for you. trustee business is top ranking globally so if you are in sales, you don't even need interpersonal skills since the product sells itself. support people have great hours and get overtime.

    Cons

    the company pretends to support women in their careers by having a few women in senior positions and has several employee networks to appear to be diversity driven. don't work here if you are a female as you will be subject to longer hours with less pay, sexual harassment, and absolutely no upward momentum in terms of your career. this bank is trapped in the 70's. also, managers are incompetent, borderline abusive, and violate many laws pertaining to discrimination, confidentiality, and forget about having any ethical guidelines. on my first day, i couldn't help but notice how depressed the people in the elevator looked...after sometime i completely understood why.

    Advice to Management

    upper management at bny mellon: first, managers need basic managerial training ie how to communicate clearly and ensure that employees have set roles and responsibilities. second, managers need to receive legal and ethics training so you do not end up with a lawsuit...,many of your managers are liabilities to the company. third, it is important that managers learn how to use employees in ways that utilizes their skills to their full potential rather than delegate menial tasks to others. fourth, it would be great if managers knew how to motivate their employees. most people do not care about free doughnuts or an afterwork team party when they have family they'd like to see or have long commutes....even if the boss is cheap with salary, employees would benefit much more by receiving verbal praise when they've done a good job. you have smart employees but don't judge talent, competence, or ability by a person's gender, appearance, or age. there is value to understanding what everyone in the office can bring to the table.


  2. "Operations Analyst"

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    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Analyst in Pittsburgh, PA
    Current Employee - Operations Analyst in Pittsburgh, PA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Benefits, good people, good management, flex time.

    Cons

    Pay could be a little better.

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

See Most Recent

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