Re-active Management - No Strategy - Asset Servicing - Relationship Manager BNY Employee Review

1.0
Jun 1, 2016
Recommend
CEO approval
Business Outlook

Pros

Employees always try to do the right thing in spite of a lack of management direction. flexible work arrangements definitely a plus.

Cons

Sr. Management's approach to cost savings - Layoff! (strategy does not work) Employees are doing more with less help - Sr. Managements response., rate everyone a meets expectation! Sr. Management claims there is no bell curve in performance management system. Blatant lie! Low cost locations result in jobs being eliminated in Everett and Boston.

Explore other reviews about BNY

5.0
Apr 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent pay, Great people, laid back environment, and great managers.

Cons

Pay could be better honestly.

3.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

After the latest re-structuring and going agile, I don't find any. But before, a stable bank with a good book of work. Positive environment with support from your colleagues. Industry standard medical plan and vacations.

Cons

Bonuses and salary raises are hugely dependent on who you know in the senior management and how they perceive you rather than what you actually delivered.

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