At times a professional place, other times like a daycare - Anonymous employee BNY Employee Review

3.0
May 21, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Offered free coffee, tea, water from machines in break rooms. Group parties (Sundae day, potlucks, sports celebrations) Health Insurance, matching 401K contributions, Cafeteria on site for food purchases

Cons

Overly demanding to some employees, while favoritism to others. Severely underpaid for the stress of work expected. Very catty behavior at times, whispers behind the back, backstabbing. Many had no problem throwing a coworker under the bus for their own advancement. Management especially Vice Presidents of departments were extremely immature and did not know how to speak professionally to employees. Threats were used as a means to get things done. Unnecessary multiple titles in each department- this would have been fine if people were getting the assistance they needed when overwhelmed. But instead, this was just an excuse to push more of the work onto the lower paid employees. Sadly, due to the lack of training for employees and Managers, the turnaround here is absurdly high and contrary to belief, they just want to fill a seat and aren't concerned about the the person's experience, or qualifications.

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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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