Got rid of 401k match - Senior Software Engineer BNY Employee Review

2.0
Mar 27, 2023
Recommend
CEO approval
Business Outlook

Pros

Can be a stepping stone. Depending on your group there may be plenty of opportunity.

Cons

They got rid of the 401k match. It’s a “quiet” pay cut of $12k! They say they “might” contribute a match in March of the following year. However they won’t say what the match will be. And if they fire you or you leave before they match they will definitely not pay you. Such a cheap shot, lining up interviews with other companies who aren’t run by a CEO who takes his cues from Frank Shirley (Christmas vacation).

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
Jul 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Some of the internal platforms have dev teams that would rival any other tech company. Can learn a lot if you end up on one of those teams.

Cons

Completely crap shoot as to if you land on a good team or a completely incompetent one. If you're on a bad one good luck. On a bad team you can expect vague work requirements and huge work loads with unmanageable delivery timelines. Also they're outsourcing to India heavily. Also also, most senior management is completely out of touch with reality and don't understand the tech stack they own (more you interact with them the more frighteningly obvious it becomes). HR is completely incompetent, of course, it's an open secret at the bank.

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