Pershing Reviews | Glassdoor

Pershing Reviews

Updated December 30, 2017
222 reviews

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3.0
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Pershing CEO Lisa Dolly
Lisa Dolly
28 Ratings

222 Employee Reviews

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Pros
  • nice friendly environment, but not immune to the departmental politics, many people work for decades with a nice work-life balance (in 22 reviews)

  • Nice people and management looking to adapt to current working environment (in 13 reviews)

Cons
More Pros and Cons

  1. "Really good people, strong and solid"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Jersey City, NJ
    Current Employee - Vice President in Jersey City, NJ
    Recommends
    Approves of CEO

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

    Pros

    Solid company. Very team focused. People are very loyal to firm. Part of BNY Mellon.

    Cons

    No major cons to discuss


  2. "Great for Interns"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    The culture at Pershing was great -- all of the employees were super nice, and I loved interacting with them!

    Cons

    I loved working at Pershing, but I found myself doing many menial tasks as an intern. Would've loved to have more responsibility!

  3. "President"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Pershing full-time

    Pros

    This is a great company

    Cons

    They have a great name


  4. Helpful (2)

    "not bad but can be better"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President Technology in Jersey City, NJ
    Current Employee - Vice President Technology in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    nice friendly environment, but not immune to the departmental politics, many people work for decades with a nice work-life balance

    Cons

    no big on promotions or salaries raise, work-life balance for natives and not for a new hires, but depends on a department and your manager, many milenials come with big hopes, but than leave for much better and challenging opportunities

    Advice to Management

    be more pro change and pro-milenials


  5. "VP, Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Principal in Northbrook, IL
    Current Employee - Principal in Northbrook, IL
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Pershing full-time (More than a year)

    Pros

    - Good people within our segment that want to help the - business succeed.
    - Flexibility with work schedules
    -

    Cons

    Compensation structure isn’t competitive or in line with others in our specific segment
    Commitment ( the broader organization doesn’t seem to have the passion for our segment )
    Operational processes
    Service

    Advice to Management

    N/A


  6. Helpful (1)

    "General review."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate in Lake Mary, FL
    Current Employee - Senior Associate in Lake Mary, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Pershing full-time (More than a year)

    Pros

    Corporate actions reorganization dividends interest

    Cons

    None none none none none.

    Advice to Management

    None management is fair and helpful.


  7. "Senior Rep of Client Services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Customer Service Representative in King of Prussia, PA
    Current Employee - Senior Customer Service Representative in King of Prussia, PA

    I have been working at Pershing full-time (More than a year)

    Pros

    Team environment keeps everyone motivated

    Cons

    A lot of crossover issues with other departments

  8. Helpful (3)

    "Forced Rankings"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Pershing full-time (More than a year)

    Pros

    Very smart, very talented, and very kind people whose world is about to be turned upside down.

    Cons

    BNY Mellon is instituting Forced Rankings immediately. This approach to performance management devolves morale and results in employees watching their back, stabbing others, and hunting witches. This model has been proven to be ineffective and has been discontinued by GE (the originator of Forced Rankings) and others.

    Advice to Management

    Please preserve the culture by encouraging Corporate to reconsider this failed performance model.


  9. "Stable and fun company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Pershing full-time

    Pros

    Job Security, Very Friendly co-workers, laid back atmosphere, well paying company

    Cons

    Its hard to advance or obtain a promotion. The bank so is huge, so it moves very slowly on issues like promotions. Plus, many employees stay their for years.

    Advice to Management

    None Particular


  10. Helpful (2)

    "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Jersey City, NJ
    Current Employee - Vice President in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Pershing full-time (More than 10 years)

    Pros

    Some wonderful, dedicated people that continue on despite many challenges of being part of larger BNY Mellon enterprise. Overall decent employee benefits and work/life.

    Cons

    Many long time employees hanging on at all levels of the firm - uninterested in change, and hampering non-tech innovation. Younger leaders with energy, expertise, and ideas being held back or forced to leave firm. Raises and promotions are almost impossible to achieve.

    Advice to Management

    Identify and weed out senior executives preventing change/growth. Culture of managing up that is out of sync with wider employee perception and performance.


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