Talent is leaving the company - Anonymous employee BNY Employee Review

3.0
Dec 27, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good place to get your foot in the door.

Cons

Outsourcing and cost saving initiatives are depleting the work force, the best employees leave, the worse ones get promoted the rest get let go. It's hard to envision long term careers with this being a reality.

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.

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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