Unimpressed - Software Developer BNY Employee Review

1.0
Aug 9, 2016
Recommend
CEO approval
Business Outlook

Pros

The compensation is great for the area and the 401k benefit is pretty good. I cannot speak to the other benefits, however. If you're in the NYC or Pittsburgh areas, you have tons of opportunities. This isn't true for all offices. There are opportunities to learn the financial side of the business through their e-learning platform.

Cons

Outdated hardware and software development methodologies. Siloed teams, too much office politics, not enough leaders who understand developing good software. Not so quiet environment, constant worry from co-workers on being laid off or their job outsourced to their India offices. Support staff is mostly outsourced and not knowledgeable enough to get things done well or within any reasonable timeframe. Tons of red tape and bureaucracy slows progress to a crawl. Strong aversion to risk causes stagnation and squanders innovation.

Explore other reviews about BNY

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

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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