they care about profits, not people - Technical Account Senior BNY Employee Review

3.0
Jul 26, 2015
Recommend
CEO approval
Business Outlook

Pros

Offices all over the world; very big company and a leader in the financial industry.

Cons

They are too obsessed with cost cutting. They fail to understand that if you invest enough in people, technology, and infrastructure, that investment will result in greater profitability. Instead, they prefer to lay people off, provide insufficient funding to get things done, and expect client officers to figure out how to spin this to the clients without revealing the truth that BNY is cheap. Raises are minimal every year. My raises have been about 1% / $1,000 a year since my company became part of BNY Mellon. Thankfully I got really good raises before we were acquired, so now I'm at an affordable income level.

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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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