I would not recommend a job at Bank of New York Mellon to my worst enemy! - Anonymous employee BNY Employee Review

1.0
May 8, 2011
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are absolutely no good reasons to work at Bank of New York Mellon. The place is a sweatshop full of incompetent managers and extremely unhappy employees.

Cons

Incompetent management; no opportunities for growth; salary substantially below market rate; there is really no upside to working at this organization; steer clear!

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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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