AT ALL COSTS STAY AWAY, EVEN IF YOUR A NEW GRADUATE - Fund Accountant BNY Employee Review

1.0
Mar 28, 2011
Recommend
CEO approval
Business Outlook

Pros

Supervisors and regular employees are awesome, and you get to learn Excel

Cons

EVERYTHING!!!! Upper management is condescending at best, salary is way below minimum for any position in the bank. Merit increases the last two years have been 1% or lower. If you start your career here you will be at a disadvantage, and feel like you are sitting at a classroom at Devry or Katherine Gibbs. I left, and so did 90% of my friends, like I said in the headlines at all costs stay away, and if you are there, get out and stay out, and enjoy real salaries with real incentives

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.

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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