BNY Mellon

www.bnymellon.com

BNY Mellon Reviews

Updated 29 January 2015
Updated 29 January 2015
1,430 Reviews
2.8
1,430 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
443 Ratings

Review Highlights

Pros
  • Good work-life balance in my department, but not in all areas of the company (in 136 reviews)

  • Many good benefits, however, management was not proactive in developing talent (in 77 reviews)


Cons
  • No room for growth, salaries at lower end in the industry and merit increases are close to zero (in 32 reviews)

  • Plenty of talk but no regard for work life balance (in the technology sector) (in 23 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Needs Senior Management Clean Out

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon full-time (more than 5 years)

    Pros

    Varied interesting work
    Many good people

    Cons

    Too many political bureaucrats at senior levels

    Doesn't Recommend
    Neutral Outlook
  2. 1 person found this helpful  

    Good place to start out

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    This is a good place to start out and get your toes wet in the financial services industry, especially fresh from college.

    Cons

    Salaries for tenured professionals are not competitive. Very difficult to get a pay jump once your in the company over 8% - even if you've been promoted or your duties have changed significantly

    Advice to ManagementAdvice

    Mid-level employees who want to stay with the company can't because of the poor salary levels.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    It was a good place to work for but little chance for advancement in some areas

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon full-time (more than 8 years)

    Pros

    Some managers and supervisors are great to work for and really try to go to bat for their employees. Being a global company you can make friends all over the world.

    Cons

    Even with a good review, the raises are almost non-existent. They offer training and classes, but they have cut back so much on employees you don't really have time to take advantage of available training.

    Advice to ManagementAdvice

    Listen more to the employees actually doing the work and you would probably be a more profitable company.

    Recommends
    Positive Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Corporate Actions Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Corporate Actions Specialist
    Current Employee - Corporate Actions Specialist

    I have been working at BNY Mellon full-time (more than 5 years)

    Pros

    Growing company, lots of opportunity for transition and many courses and programs for employee development as well as many opportunities to meet influential people and receive coaching from people in executive positions.

    Cons

    There isn't a good system for promotions and raises nor awards and this causes much frustration as many coworkers are suspicious as to why certain hard working people don't get promoted.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great intern experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Undergraduate Intern in New York, NY (US)
    Former Employee - Undergraduate Intern in New York, NY (US)

    I worked at BNY Mellon

    Pros

    Great leadership amongst managers and upper echelon. There are many opportunities for professional development and the work-life balance is great.

    Cons

    At times the intern program was unorganized. There were too many interns hired and not enough projects to go around

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Team Leader

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    healthy shift timings and good work life balance

    Cons

    Cost Cutting always these days

    Recommends
    Neutral Outlook
  8.  

    Client accounting and reporting specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Account Specialist in Boston, MA (US)
    Current Employee - Client Account Specialist in Boston, MA (US)

    I have been working at BNY Mellon

    Pros

    Great experience. You get to go through all the processes and see how everything works

    Cons

    Over worked. Work long hours can be very stressful

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    I dealt with BNY Operations in the early part of the millenium.... And got a job there in 2013

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in New York, NY (US)
    Former Employee - Vice President in New York, NY (US)

    I worked at BNY Mellon full-time (more than a year)

    Pros

    Some of the people in BDS knew what they were doing.

    Cons

    Most people below VP level had no clue. They were so narrowly focused on what they did. They have no idea of their role in the bigger picture of the organization. Some of the MDs I dealt with wouldn't be fit to be VPs in other organizations.

    Advice to ManagementAdvice

    RSUs for lower levels helps to give employees a sense of ownership.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Operations Executive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Executive in Pune (India)
    Current Employee - Operations Executive in Pune (India)

    I have been working at BNY Mellon

    Pros

    Good company for Freshers...
    At Par Compensation

    Cons

    Growth is slow
    Not ample opportunities for the existing employees

    Advice to ManagementAdvice

    Should provide more opportunities to existing employees

    Recommends
    Positive Outlook

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