Toxic + underpaying - Software Engineer BNY Employee Review

1.0
Jan 21, 2025
Recommend
CEO approval
Business Outlook

Pros

- better wlb than some competitors (jp Morgan and Goldman sachs) - Decent 401k match -full match up to 7% base pay but only contributed once a year

Cons

- Toxic environment - heavy preferences for employees from one ethnic background - Large amount of offshoring. Management wants to run the company on low expenses even if revenue decreased. They try to lay off staff and either retire the role, shift their work on current employees or off shore to India/Poland - 401k match is only given in January for the previous year - PTO is not paid out when leaving the company - Company & most teams expect more than standard work week. Many employees work until 6-7 regularly - Tracking in office attendance, and hours connected to network. HR fires anyone who doesn't meet their in office requirements after 2 strikes. - HR firing employees who don't connect to company network x number of hours, with no warning - Little diversity in many groups - Severely underpaid (20-40%) compared to other financial services companies - Expectation to be in office 4 days soon - Constant threat of layoffs and downsizing. Saw 4 senior employees get laid off - Forced rankings - Not many career advancement opportunities

Explore other reviews about BNY

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Great company match at BNY

Cons

In the office 4 days a week

2.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

- Decent Tech Stack - Ok Manager if you're lucky

Cons

- Bad Pay - 4-5 days in office - Bad office space - Lack of growth

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