Terrrible Co., incompetent senior management - Senior Developer BNY Employee Review

1.0
Jan 18, 2019
Recommend
CEO approval
Business Outlook

Pros

The pay was above market. Good 401K match.

Cons

Almost all development is done in India, they continue to shrink the US employment base. I was the only "onshore" resource on the team that I worked for. This is a common occurrence. It means that you will be stuck doing fringe work because it's difficult to collaborate in the limited hours that you overlap India, especially given the heavy accents and poor audio quality of the conference bridge. They have implemented stack ranking where managers are forced to rank 10 percent of staff as below expectations even after they have already fired the real under-performers. They then proceed to lay off the 10 percent. This Co. is incredibly siloed and bureaucratic beyond description.

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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.

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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