No longer a good company - Senior Representative, Cash Management BNY Employee Review

1.0
Aug 2, 2019
Recommend
CEO approval
Business Outlook

Pros

I had great colleagues and managers and the benefits were decent.

Cons

The environment has grown toxic with all the layoffs and poor decisions made by upper management. During performance reviews, managers are instructed to rate employees below actual performance, ostensibly to cut costs on merit increases, the IT department has been gutted by layoffs to the point of impacting work with the heavy backlog on access requests and software installations and the compensation over the last 10 years has gone down hill.

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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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