Type of Company People Are Leaving During Great Resignation - Software Engineer BNY Employee Review

1.0
Jan 3, 2022
Recommend
CEO approval
Business Outlook

Pros

- Depending on the team, it can be pretty "chill", if you're looking for a place that doesn't have high expectations, and bare minimum is okay - Stable

Cons

- Grossly paying under market...this was the case even before pandemic, and they have done nothing even afterwards - Incentives mediocrity, and 'punishes' the few talented people by overloading them - Not an engineering company younger engineers want to work for by default, and yet still does nothing to help bridge the gap and attract talent - Relies heavily on a "small onshore team"/"massive offshore team" - Doesn't try to retain talent either (everyone is replaceable to them), and have had mass exodus of talent, with little top talent remaining

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.

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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