Too much Diversity in pay - Software Developer BNY Employee Review

3.0
Aug 14, 2022
Recommend
CEO approval
Business Outlook

Pros

Worklife balance is good, very less pressure

Cons

1. Juniors get higher base pay than seniors. 2. Recently announced 2023 batch new joiners for same role yo get 35% hike, whereas 2022 batch is getting no increment. 3. Pay scale depends on how you negotiate, no transparency.

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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