Not a good place to be right now - Tax Liaison Manager I BNY Employee Review

1.0
Feb 13, 2019
Recommend
CEO approval
Business Outlook

Pros

None that I can think of.

Cons

A lot of layoffs happening. No more work from home. Outdated equipment and software. You’re lucky if you get a 2% raise. Overtime REQUIRED during tax season even though it’s not needed. Dwindling bonuses (if any).

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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