Tough place to work if you are in IT - Anonymous employee BNY Employee Review

3.0
Oct 9, 2014
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Decent salary. Advanced technology. Very dedicates employees who work very hard to support other divisions and their customers.

Cons

Too many layers of management to the point that the head doesn't understand what the feet have to do and doesn't really care. Recent cutbacks have triggered layoffs at the bottom to pay for more layers in the middle. Little advancement or external training. Long days, many weekends and not much of a life balance. Recently instituted using metrics to gauge employee performance which only adds to the effort required to do an already tough job and doesn't really reflect what is going on down on in the trenches.

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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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