The land of Stockholm Syndrome and sunk cost fallacy - IT Minion BNY Employee Review

2.0
May 12, 2021
Recommend
CEO approval
Business Outlook

Pros

This is a great place to work if you love red tape.

Cons

Mediocre pay Crappy benefits Endless bureaucracy The company made a $3B profit last year, returned $1B to shareholders, and froze employee wages and promotions. Enough said.

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.

3.0
Jul 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Some of the internal platforms have dev teams that would rival any other tech company. Can learn a lot if you end up on one of those teams.

Cons

Completely crap shoot as to if you land on a good team or a completely incompetent one. If you're on a bad one good luck. On a bad team you can expect vague work requirements and huge work loads with unmanageable delivery timelines. Also they're outsourcing to India heavily. Also also, most senior management is completely out of touch with reality and don't understand the tech stack they own (more you interact with them the more frighteningly obvious it becomes). HR is completely incompetent, of course, it's an open secret at the bank.

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