Short term pain, long term gain? - Anonymous employee BNY Employee Review

3.0
May 20, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Lots of great people. Many excellent client relationships. Working aggressively to address failing cost structure. Finally beginning to fully embrace 21st century approaches to areas like professional development and marketing - these were sorely lacking until recently.

Cons

Firms invests significantly in management and professional development programming, which make it all the more obvious when the senior team exhibits (frequently) all the behaviors that both internal and external resources preach against. Historically, this firm completely embraces a "yes" culture - senior management hates bad news. Most employees fear raising important, sensitive topics anyplace other than offsite over coffee with a close colleague.

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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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