Awful company - Tax Specialist BNY Employee Review

1.0
Jun 21, 2015
Recommend
CEO approval
Business Outlook

Pros

Zero stress I could work from home when needed I'm out of pros but had to keep typing something to meet the 20 word minimum requirement to post this review

Cons

High turnover Low employee morale Monotonous work Very low pay No motivation Too many levels of management, if you're in asset servicing it will take several years to get a 40k salary. If you want 1% annual raises you're coming to the right place. Company is beyond cheap, I worked in Pittsburgh and they tried making you buy plastic forks, spoons, etc if you didn't get anything from the cafeteria. Literally there was a sign listing the prices of silverware "$.02 fork, $.01 knife, etc." Google this: Forbes 2012 worst companies to work for and you'll find BNY at #10.

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.

See reviews by: Helpful|Rating|Date|All