Not the greatest place to work - Operations Manager BNY Employee Review

1.0
Oct 18, 2016
Recommend
CEO approval
Business Outlook

Pros

-Decent 401k plan with matching until vested -Clean facilities -Good paid vacation terms -Co-workers are "all in the same boat" so good camaraderie amongst those in the trenches

Cons

-Grossly underqualified management (no or low education, "street" style of management) -Nepotism and favoritism -Less than 1% salary increase per annum -No upward mobility (unless via nepotism or favoritism) -Often a hostile work environment in which entry-level workers, especially, are exploited by managers who pass their tasks on to underqualified employees -Job responsibilities increase with no increase in compensation -Low entry-level and mid-management salaries (stuck there for duration of employment)

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.

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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