Terrible company to work for - Reconciliation Analyst BNY Employee Review

1.0
12 Jan 2024
Recommend
CEO approval
Business outlook

Pros

There are no Pros to working at BNY Mellon

Cons

Terrible Raises and Compensation. Outsourcing is bringing this company down resulting in dissatisfied clients. Employee retention is very Low, Supervisors and Managers rarely interact with employees. They have a Platform called PEAKON to rate supervisors and the supervisors pressure you to rate them a 10 in all categories so they can receive acceptable compensation but when it come to them reviewing you they dont give you the same courtesy. Raises this year were around 1 %. What a joke !!! It seems like someone is quitting every week. They pride themselves on work life balance but it is nonexistent. If you have a choice do not work here but if you must get some experience then fly out of there as soon as you can.

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
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