Long career, quick exit. - Officer BNY Employee Review

2.0
Sep 8, 2010
Recommend
CEO approval
Business Outlook

Pros

In the early years, before Mellon merger, it was a great place to be employed. The hours were good, and employees were treated well. During the Bacot years, employees were actually respected.

Cons

Favoritism, favoritism, favoritism. Mellon management team lacks knowledge of.. anything. Got rid of great NY people in favor of the lower cxost location thinking. In some cases, replaced these NY employees with 3 or 4 contractors in Pittsburgh. No loyalty to good, hard working employees. Very little free time as migration efforts took away alot for family time

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
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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