Completely arbitrary in its decision making - Specialist BNY Employee Review

2.0
May 15, 2019
Recommend
CEO approval
Business Outlook

Pros

401K match up to 6%

Cons

Stiffling bureaucracy. Continuous infighting. Uncooperative environment. My entire department was wiped out in a reorganization with no opportunity to retain any employees. Shared seating is another incredibly demoralizing factor, since only a handful of departments actually followed those rules while other teams openly refused to accept it. HR only gives lip service to diversity and veterans.

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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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