BNY Mellon - Good first job out of college | Glassdoor
There are newer employer reviews for BNY Mellon
There are newer employer reviews for BNY Mellon

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"Good first job out of college"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in Everett, MA
Current Employee - Anonymous Employee in Everett, MA
Doesn't Recommend
Negative Outlook
No opinion of CEO

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

Pros

Big company, big name, the benefits aren't bad but can't say much else

Cons

Pay is not good at all. Moving up in the company is all about luck and after awhile you start to feel very unappreciated. Work is very repetitive and you work a lot without much in return. Bonuses do not exist unless maybe you're with senior management. If your looking to get your foot in the door in finance then it's great but most people try to get after a year or 2.

Other Employee Reviews for BNY Mellon

  1. "Disjointed and a lot of turnover at the CEO level with no direction for company"

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

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

    Pros

    My group of managers and coworkers were great to work with.

    Cons

    Very little direction as a company
    technology was a disruption to business

    Advice to Management

    Allow people to receive compensation immediately when receiving a promotion and allow employee's to prosper by investing in your employee's futures. To the company's credit they began to listen to employee's since morale and attitudes toward the company were documented as worst in industry. I would hope they actually execute on ways to make employee's feel important. With the working conditions of the warehouse (building) it doesn't help morale. ! Bring in a complete renovation team and gut the place or tear down and rebuild an office building that resembles something that appears to be something suitable for wall street. The top executive preached about how we work on wall street but we worked at a former sears storage center that wasn't suitable for working let alone bringing in clients.


  2. Helpful (1)

    "Associate Operations Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    One of the few good things about working at BNY Mellon is that is is a bit more laid back than other firms. As long as you can do the work that is expected of you, the mangers will leave you be most of the day.

    Cons

    BNY Mellon has a well deserved reputation for not paying their employees well. They consistently pay below market rates, and do not care to keep any talented workers by rewarding them with a raise. They would rather hire recent grads at a lower rate than retain established talent. Which then results in a large amount of turnover.

    Advice to Management

    Don't be afraid to keep the talented employees you train and develop, it ends up hurting your bottom line in the long run.

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

See Most Recent

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