Going downhill - Anonymous employee BNY Employee Review

1.0
Feb 6, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits used to be good but are slowly being stripped away. Vacation time is good.

Cons

Where do I start? Been here for 5 years and every day is worse than the day before. What a sham of a company. They pretend like employee focus is important, but it's a smoke in mirrors kind of game. All they care about are share holders, which coincidentally, happens to be a large portion of upper management, interesting, eh? And I like talents response on here to people's criticism,"we have a hire rate of hiring from within", yes because you pay internal hires SIGNIFICANTLY less than those who come from elsewhere. Give me a break.

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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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