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      BNY

      Engaged Employer

      BNY reviews

      Not a place for the ambitious. Good for those who want to remain in one position for life. - Accounting and Reporting Specialist I BNY Employee Review

      1.0
      Feb 19, 2011
      Accounting and reporting specialist i
      Recommend
      CEO approval
      Business Outlook

      Pros

      The pension at 12% is good and the holidays at 5 weeks are quite competitive. Most of the people are alright and get on well.

      Cons

      There are no opportunities to progress in your career. Most people have been in the same position for several years and it is increasingly rare these days to see anybody get promoted. The salary is basic and increases are very small and do not even match inflation. Bonuses are practically non existent. Management are constantly monitoring everything and there are a huge number of checklists and spreadsheets to be filled in. Morale within the company is at an all time low and there is a constant effort to turn each location into a clinical sweatshop type environment with very strict clear desk policies.

      Explore other reviews about BNY

      5.0
      Jun 23, 2026
      Senior associate
      Recommend
      CEO approval
      Business Outlook

      Pros

      Really technology driven and laid back first

      Cons

      Low salary for new associates.

      4.0
      Jul 5, 2026
      Vp, account services
      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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