Better than some, not as good as promoted - Vice President BNY Employee Review

4.0
22 Jan 2021
Recommend
CEO approval
Business outlook

Pros

Fair salary for mid-career; health insurance costs; employee resource groups;

Cons

Little work/life balance; Unable to participate in ERG's ; Most salary is in bonus; Little stability- moral is low as a result; Urgency is only for those without "power"; Hard to move up/forward when not in the corporate office; Too much Bureaucracy;

Explore other reviews about BNY

5.0
23 June 2026
Recommend
CEO approval
Business outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

4.0
5 July 2026
Recommend
CEO approval
Business outlook

Pros

There is real opportunity for career and skill growth. The company runs short on head count, so people willing to take on more responsibilities have avenues to progress. However, you will need to force the issue for promotions & large salary increases after you prove your capabilities. Realistically it'll take an external counteroffer to move the needle.

Cons

It's a large bank and you're a number in the system. If your NPV is positive you'll stay, else you'll be laid off. This includes both scenarios you control and those you don't. Ex. You control your performance, in office time and networking You don't control if your location is a strategic growth site, if a major client goes with a competitor, or if you'd be impacted by a general company-wide layoff plan.

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