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

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"BK"

Star Star Star Star Star
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Recommends
Approves of CEO

I have been working at BNY Mellon full-time

Pros

Collaborative environment, generally nice people

Cons

Many employees lack a sense or urgency

Other Employee Reviews for BNY Mellon

  1. Helpful (1)

    "Still merging after all these years"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Professional in Syracuse, NY
    Former Employee - IT Professional in Syracuse, NY
    Doesn't Recommend
    Neutral Outlook

    I worked at BNY Mellon full-time (More than 10 years)

    Pros

    Good pay for upstate NY, one of the few large employers in the area

    Cons

    Internally the financial institution is still fiefdoms of BNY and Mellon. Each location feels that they have the short end of the stick when in fact the merger reduced the benefits for most and made a mess of the work environment for many. Benefits get worse every year with a song and dance about surveying our peer group and noticing that we can reduce your healthcare, retirement or other benefits and still stay marginally ahead of them. No significant pay increases in 5 - 6 years. New and improved processes, employee engagement or other non-compensation program come out every year to try and improve upon the dismal employee surveys. Crazy overtime in some areas, not pulling your weight if you leave on time. Some tech teams are overloaded with work and others are balanced or on smaller systems. Kudos often given to the teams with minimal work load that have time to do the 'above and beyond' work (or just time to write up their achievements creatively).

    Advice to Management

    Technical training is as needed or for a select few. Training initiatives are a joke. People fill training requirements with non-essential free training to check off the box because the good training is not authorized. Outsourcing needs to be reduced. Too much risk, kills morale and knowledge leaves too easily. Strike a better balance between shareholders profits and employee pay/benefits. New CIO is an idea person, not a leader/organizer. He needs to create a blueprint of his vision instead 'lets be innovative' speeches


  2. "No longer family friendly"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Auditer in Pittsburgh, PA
    Current Employee - Auditer in Pittsburgh, PA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    There is still reasonable job stability at the company, especial for auditors and people doing regulatory work. Excellent benefits and even some company matching contributions to the 401(k) plans.

    Cons

    Mellon was family friendly, very understanding about when people with kids were available for travel When BNY took over, that changed completely.

    Advice to Management

    Make it easier for employees to move between departments. Even lateral moves have become difficult to achieve, which is too bad. Sometimes that sort of transfer helps you keep a good employee for a long-time.


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

See Most Recent

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