Great work/Life balance - Senior Associate BNY Employee Review

1.0
18 June 2015
Recommend
CEO approval
Business outlook

Pros

Prominent Investment Bank name that looks good on resume.

Cons

Recent layoffs and cost cutting measures have contributed to extremely low morale and fear amongst employees. A lot of managers are taking advantage of that fear and contributing to depression and high stress levels. Below average pay, 1% raises are the norm and have not been given out in over 3 years. Very hard for employees to get things done because of the many levels of management. Lifers that do bare minimum work and are just sticking around until their time is up. Only very Senior Managers are promoted. Lots of very good loyal and hard working low level employees that have never been promoted and are invisible to Senior Management. All of the recent "employee advancement and diversification programs" are just to keep up appearances.

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5.0
5 June 2026
Recommend
CEO approval
Business outlook

Pros

Great company match at BNY

Cons

In the office 4 days a week

3.0
29 June 2026
Recommend
CEO approval
Business outlook

Pros

No finger pointing, no micro managing, opportunity to work in multiple capacities in addition to your role, 401k, home buyer program

Cons

No accountability for lack of adherence to deadlines or stage gates if it’s not client facing in fund & investor solutions technical platform

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