Associate - Anonymous employee BNY Employee Review

1.0
5 Sept 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Not much anymore. Co-workers are nice, but all are jaded at this point. Vacation and benefits are still decent.

Cons

The company is all about pleasing Wall St. and the board these days. Cost cutting measures, sending jobs overseas, and reducing US headcount is all taking its toll. Every employee knows that they are not a valued member of a team any longer, but just a 'cost' figure on some executive's balance sheet...and the company is doing nothing to hide it anymore. Oh, and just like always, the company does not care if you spend 3 minutes or 3 decades with them, as they have zero focus on 'careers' at the company. Most of the long-term people have either left or been laid off. Some mid-tier managers/VPs are working on their gold watches (note: they don't get gold watches), but only because they can hide (or become yes-people and micro-managing parrots) and literally float to retirement. But all the young talent is leaving, no one wants to stay because working for BNYM these days literally sucks.

Explore other reviews about BNY

5.0
5 June 2026
Recommend
CEO approval
Business outlook

Pros

Great company match at BNY

Cons

In the office 4 days a week

1.0
28 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Job only as good as immediate manager. Salary is Ok ish Benefit options are ok not great.

Cons

1) Retaliation is a way of life at this company going back to 2018 and becoming worse since 2) Mid level managers are very efficient at passively insulting the Teams they are responsible for. 3) It is nearly impossible to advance in the company. 4) When you try to post to another department - your Mid level manager will do the best to stop you from advancing. Some have close friends in HR that will even have you submit a new application in an attempt to accuse the other department of recruiting you. I have experienced this. 5) The only way to increase pay and experience is by leaving the company. 6) It use to be a culture of lets help others when there is a problem, now it is lets find who to blame for upper mangers rushing a project before all risks are identified. 7) If you are taking a new Job - professionally push for higher Salary once you are in raises will be very small.

5
See reviews by: Helpful|Rating|Date|All