6 year employee-Disgruntled as hell! - Trust Associate BNY Employee Review

2.0
21 July 2013
Recommend
CEO approval
Business outlook

Pros

Benefits are decent. Vacation and location probably the only reason I'm still here and haven't jumped ship. Get it together!

Cons

Pay is way below industry standard. How America's oldest bank continues to outsource jobs overseas is sad. Morale is terrible because operating model changes have increased stress, workload, and aggravation. The only thing that does not increase are our wages. 1.5% if you hit the top of their expectations. My last increase was sucked up by taxes.

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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
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