BNY reviews

Low pay, company has no clear strategy that is communicated to the staff,

Lack of transparency; The gap between executive salaries and worker bees is one of the worst in the industry. When the latest cost reduction program was announced in 2011, it apparently did not apply to senior or even middle management - but it did apply to general staff. New policies never apply to the upper echelons. For example, all raises were frozen, but the CEO got a 70% raise, and then a $33 Million package when he was kicked out. People who were laid off got 2wks for every year at the firm, up to 1 year - but not as an exit package, as supplemental uninsurance benefits, which disappeared when/if they found work. If I knew then (when I started working for them) , I would have seriously considered another company.