Good company, bad pay - Anonymous employee BNY Employee Review

4.0
Aug 18, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good company, bad pay. Lots of overtime. The people are very friendly, and they train their employees well. However, you can make more at Goldman Sachs.

Cons

Employees are underpaid and it is very hard to become promoted at BNY Mellon. Senior management, however, does invest in training it's people.

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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.

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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