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BNY Mellon

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BNY Mellon

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Employee Review

  1. 4.0
    Former Employee, more than 3 years

    Good place to work

    Mar 10, 2022 - Lead Representative in Chennai
    Recommend
    CEO Approval
    Business Outlook

    Pros

    1.Good monetary and non monetary benefits 2.Employee friendly organization 3.Scope for learning and career growth

    Cons

    1.Based on team you are and the manager you work with life becomes hell working with them. 2.Work life balance this is based on team you are in

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  1. 5.0
    Former Employee, more than 1 year

    bny

    Apr 14, 2023 - Accountant in Boston, MA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    great people to work with

    Cons

    outdated office space for in person employees

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  2. 1.0
    Current Employee, more than 10 years

    Ridiculous compensation structure

    Mar 28, 2023 - Lead Analyst in New York, NY
    Recommend
    CEO Approval
    Business Outlook

    Pros

    If you are lucky to be in a good team or group with a good group manager. Matching 401K up to 7% but matching is only contributed to 401K at the end of the year so you can’t dollar cost average.

    Cons

    Non exempt employees can make more money than exempt employees two levels higher with overtime. Annual raises are not keeping up with inflation. Most managers, AVPs and VPs had never went through leadership training. Some teams are filled with incredibly selfish people who don’t help other employees. Most middle managers have no concern for professional development for staff. They just want everyone to stay where they are doing the same tasks. Servicing a financial product gets compartmentalized to gain economies of scale in turn if you don’t move around you are not marketable when looking for jobs outside the company. They know this so they take advantage of lowballing employees in raises and in promotions. Incredibly short sighted company who doesn’t value human capital while courting executive level people.

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    16 people found this review helpful

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BNY Mellon is a trusted advisor and business partner. We consider everything to reveal unseen value in the financial world. As a...More

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