I learned a lot, but the atmosphere was catty and I felt uncomfortable. - Sales Associate BNY Employee Review

2.0
Sep 22, 2011
Recommend
CEO approval
Business Outlook

Pros

Bank of New York Mellon has decent benefits and a good name. The location is very good and there are some really good people who work there.

Cons

The system is really disorganized and there are lots of inefficiencies. There is a lot of BS and not a lot of transparency. For instance, they were saying that we were doing really well financially compared with the other banks, then the next week, people were getting laid off.

Explore other reviews about BNY

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Great company match at BNY

Cons

In the office 4 days a week

4.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

There is real opportunity for career and skill growth. The company runs short on head count, so people willing to take on more responsibilities have avenues to progress. However, you will need to force the issue for promotions & large salary increases after you prove your capabilities. Realistically it'll take an external counteroffer to move the needle.

Cons

It's a large bank and you're a number in the system. If your NPV is positive you'll stay, else you'll be laid off. This includes both scenarios you control and those you don't. Ex. You control your performance, in office time and networking You don't control if your location is a strategic growth site, if a major client goes with a competitor, or if you'd be impacted by a general company-wide layoff plan.

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