BNY Mellon Reviews

Updated 29 September 2014
Updated 29 September 2014
1,247 Reviews
2.8
1,247 Reviews
Rating Trends

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

Review Highlights

Pros
  • Encourage employees to maintain a healthy lifestyle and offesr good work life balance (in 126 reviews)

  • Many good benefits, however, management was not proactive in developing talent (in 65 reviews)


Cons
  • No room for growth, salaries at lower end in the industry and merit increases are close to zero (in 28 reviews)

  • All the hard works we done are not appreciated by the senior management of the company (in 50 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good company for stability and experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Customer Service Representative  in  Syracuse, NY (US)
    Current Employee - Senior Customer Service Representative in Syracuse, NY (US)

    I have been working at BNY Mellon full-time for more than 8 years

    Pros

    The company has a lot of great perks, benefits are good, lots of diversity and programs to show the diversity to all. It also is a good company for extra time that may be needed off.

    Cons

    The department that I worked chooses who moves up and gets better opportunity. It does not have anything to do with you previous experience, work performance and knowledge.

    Advice to ManagementAdvice

    Be more open with the employees as to where they stand and move people into better positions for the right reasons.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Thank goodness for a place not overrun by kids

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

    I have been working at BNY Mellon full-time for more than a year

    Pros

    People stay here for a long time. The majority of the people I work with have been here for 20+ years. That's got to say something.
    Very good vacation policy (three weeks from the start).
    The opportunity to work from home one day a week, inclement weather, etc.
    Autonomy in my present position (left alone to just do my job).
    I'm happy with my salary.

    Cons

    Red tape like you would expect in a worldwide company with tens of thousands of employees.
    Most of my team is offshore so you have cultural differences, etc. As a female in a male dominated field, the cultural difference regarding women can sometimes be apparent.
    Many layers of management and a present manager who micromanages.
    I read that the salaries are lower than industry standards but perhaps that is true in the NE. I am in a different location and am pleased with my salary.

    Advice to ManagementAdvice

    Please do away with the mandatory two-week vacation. It's nice to have that option, but making it mandatory then gives a person one less vacation "opportunity" in a year.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    tax documentation specialist

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon

    Pros

    the work there is easy and there is almost no overtime needed. there are plenty of departments so that people can always find a good fit and it is easy to transfer from one department to another.

    Cons

    it is hard to carry the work as a career path.

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  5.  

    BNY Mellon provides a stable work enviroment

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

    I have been working at BNY Mellon full-time for more than 3 years

    Pros

    Employees are knowledgeable. Definately a diversified work force. Coworkers are great. Management can be a bit stiff.

    Cons

    The pay can be better. I do feel that this company is underpaid especially to it's hard working employees. Benefits are good except the health where it's atrocious. Good thing I have my spouse's health care provider.

    Advice to ManagementAdvice

    Lighten up. Employees are still people.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Global Bank that continuously innovates.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Sales  in  Los Angeles, CA (US)
    Current Employee - Financial Sales in Los Angeles, CA (US)

    I have been working at BNY Mellon full-time for more than 8 years

    Pros

    Company values their employees and treats them with respect. Company has several course trainings available to enhance career development skills. Encourage employees to maintain a healthy lifestyle and offesr good work life balance.

    Cons

    Headquarters and operations are primarily based in NY and PGH so opportunities are not as abundant at other locations. Business restructuring is common.

    Advice to ManagementAdvice

    You are the director of your own career path here. Always helps to have a mentor along the way.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Good company to start with your career

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    Employee Centric, Great working environment and Supportive Staff.

    Cons

    Salary and bonuses are quite low. Growth is too stagnant.
    Camera Mobile phones not allowed.

    Advice to ManagementAdvice

    Keep it Up!

  8.  

    Good place to work at but not great within the department

    Former Employee - Anonymous
    Former Employee - Anonymous

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

    Pros

    Great staff benefits such as comprehensive medical coverage and approved external training, good work life balance, plenty of internal training resources available

    Cons

    Lack of appreciation for staff within the department resulting in high turnover, several cost cutting measures that dampens staff morale

  9.  

    Pleasant working experience

    Current Employee - Financial Analyst  in  Pune (India)
    Current Employee - Financial Analyst in Pune (India)

    I have been working at BNY Mellon full-time for more than a year

    Pros

    Office culture, HR policies, BAU, work-life balance

    Cons

    personal growth, exposure, employee transfers,

    Advice to ManagementAdvice

    better growth policies

  10.  

    Corporate Trust Associate review

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

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

    Pros

    Annual salary is great for college grads.

    Cons

    Glass ceiling. Typical example of corporate America.

    Advice to ManagementAdvice

    Management should work to create incentives for their employees to want to work their best, ie promotions and general appreciation for their merits.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Investor Relations

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

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

    Pros

    Good place to learn the business of alternative investments. Was very lucky to be on a team with great coworkers.

    Cons

    Tough to move up. Most of the managers have been there for a very long time. Heard the company is downsizing drastically.

    Recommends
    Negative Outlook
    Approves of CEO

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