Management - Senior Associate BNY Employee Review

1.0
Jan 19, 2019
Recommend
CEO approval
Business Outlook

Pros

Good benefits and good company to start your career.

Cons

Not growing. Always laying off. Bad culture - trying to find ways to lay-off or force employees out. Beware - they have a performance review process that seems to favor veteran employees but unfavorable for new employees. The technology is antiquated. The compensation is low compared to other, similar companies in the financial industry.

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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