BNY reviews

3.4

54% would recommend to a friend

(13,858 total reviews)
avatar

Robin Vince

61% approve of CEO

55% positive business outlook

BNY has an employee rating of 3.4 out of 5 stars, based on 13,858 company reviews on Glassdoor which indicates that most employees have a good working experience there. The BNY employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

14K reviews
3.0
Jul 31, 2011
Recommend
CEO approval
Business Outlook

Pros

Good work/life balance for the majority of job types. Good benefits package though its been getting reduced each year. Family oriented environment and many employees stay with the company for a long time.

Cons

Pay raises are pathetic. For examply in 2010, 2% raise was given to those who outperform the rest. 1% to 0% is not uncommon. Promotions only garner minimal raises such as 5%. Employees do not get properly compensated for superior performance. If you work a lot of overtime it doesnt get recognized in compensation. Therefore, many employees shoot for the 'norm' due to disappointing incentives. Also, underperforming employees do not get fired... Bad performance not properly dealt with. Culture of not wanting to rock the boat makes the company less nimble and competitive.

4.0
Jul 21, 2011
Recommend
CEO approval
Business Outlook

Pros

Very good work life balance, reasonable benefits, flexibility in terms of occasionally working from home.

Cons

Limited career growth, way too many levels of management. Some very senior managers are not exactly inspiring or seemingly competent. Organization is not setup to reward individual contributors as much as they are setup to reward anyone with a sales type of a position/management type role. In other words, if you are not looking to get into management you have for the most part capped your development and compensation growth.

Viewing 13576 - 13578 of 13,858 Reviews

Glassdoor has 15,638 BNY reviews submitted anonymously by BNY employees. Read employee reviews and ratings on Glassdoor to decide if BNY is right for you.