BNY reviews

3.4

54% would recommend to a friend

(13,847 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 13,847 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
4.0
Jul 23, 2010
Recommend
CEO approval
Business Outlook

Pros

It is a very diverse work atmosphere with managers and supervisors available for help when needed. They have great benefits for benefited employees.

Cons

For comparable entry level positions with other large companies in the financial industry, the Bank of New York Mellon does not pay as much.

3.0
Jul 20, 2010
Recommend
CEO approval
Business Outlook

Pros

The overwhelming majority of individuals working at BNY Mellon are great people to work with, the hours are not bad (generally 40-50/week), the environment is fairly stress-free.

Cons

Compensation is significantly lower than it probably should be. High turnover in all levels of the organization. There are virtually no incentive programs for junior-level employees.

2.0
Jul 19, 2010

Company was "Mellonized"

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Collegial atmosphere, where most people were willing to collaborate to accomplish goals. Company is trying to implement many positive people-oriented programs and initiatives, post merger of BNY and Mellon.

Cons

Mellon influence has taken over the company -- for better and for worse. The company has no commitment to NY anymore -- hence the new "BNY Mellon". In a year or two, no one will remember what the BNY stands for. Everything is about moving away from high cost areas -- "low cost" is the mantra right now.

Viewing 13726 - 13728 of 13,847 Reviews

Glassdoor has 15,625 BNY reviews submitted anonymously by BNY employees. Read employee reviews and ratings on Glassdoor to decide if BNY is right for you.