BNY Mellon
2.8 of 5 1,006 reviews
www.bnymellon.com New York, NY 5000+ Employees

BNY Mellon Reviews

Updated Apr 20, 2014
All Employees Current Employees Only

2.8 1,006 reviews

                             

64% Approve of the CEO

BNY Mellon Chairman, President and CEO Gerald Hassell

Gerald Hassell

(258 ratings)

45% of employees recommend this company to a friend
1,006 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "Good work/life balance and generally fellow employees want to succeed"
    in 93 reviews
  • "It offers good benefits, very laid back and relaxed working environment"
    in 55 reviews
Cons:
  • "No room for growth, once someone gets to middle management, the career growth is shut off"
    in 22 reviews
  • "Senior management is not engaged at all in the day-to-day operation of the company"
    in 39 reviews
  • Show more review highlights

Reviews

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Mostly positive in a tough business environment.

Vice President (Current Employee)
New York, NY (US)

I have been working at BNY Mellon full-time for more than 10 years

ProsSurrounded by intelligent hard working people. Good work-life balance. Ability to advance depending on current position.

ConsNew division management has lofty ideas which are not always consistent with reality. Legacy managers built the business and know what it takes to achieve continued growth.

Advice to Senior ManagementDeveloping new businesses is a terrific way to increase revenue but be careful not to give short shrift to the legacy businesses which are still the company's foundation.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Corporate actions senior specialist

Anonymous Employee (Current Employee)

I have been working at BNY Mellon

ProsFriendly down to earth group of employees.

ConsSalary is low and there's no negotiating on whether it should be revalued for individuals, regardless of skill set. Systems are poor.

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  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         

 

Great work-life balance....

Anonymous Employee (Current Employee)

I have been working at BNY Mellon

ProsGreat work-life balance
Top benefits and employee perks
Good networking opportunities

ConsCompensation could be somewhat better.

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  • Culture & Values
         
  • Work/Life Balance
         
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  • Career Opportunities
         
  • Disapproves of CEO

 

Good entry level jobs but hard to move up

Senior Fund Accountant (Current Employee)
King of Prussia, PA (US)

I have been working at BNY Mellon full-time for more than 3 years

ProsYou can learn a lot and move departments pretty easily. Tuition assistance is pretty good too.

ConsPay is pretty low and sometimes networking will get you the promotion opposed to who actually deserves it

Advice to Senior ManagementIncrease pay

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Culture & Values
         
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  • Career Opportunities
         
  • Approves of CEO

1 person found this helpful  

Best Companie Ive ever worked for

Customer Service Representative (Current Employee)

I have been working at BNY Mellon full-time for more than a year

ProsALL managers treat you like an equal, ask for your input, you work as a team all day, but you never feel micro managed. Great opportunities to move up, and a lot of fun activities to join.

ConsI was only here for a couple of years but it's my understanding raises aren't something to look forward to. Of course, I cant speak from experience, and it is a pretty big company so im sure that on the business side, they really are doing the best they can considering they give most people raises.

Advice to Senior ManagementKeep treating your employees with the same respect, i truly think that's why business keeps growing so much you have to keep relocating.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Good People, Poor Compensation Policy

Anonymous Employee (Current Employee)

I have been working at BNY Mellon

ProsThe people I work with are all great people.

ConsThe compensation policy is not competitive, strong performers won't stay long.

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  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

BNYM

Anonymous Employee (Current Employee)

I have been working at BNY Mellon full-time

ProsWork/life balance, culture, direct managers are good people, training is good,

ConsAdvancement, compensation, governance, IT bad, board needs turnover, senior managers care more about themselves and risk aversion than they should

Advice to Senior ManagementStreamline company, put senior managers in place that actually know businesses they manage. Thin out management levels. Get rid of bad performers and reinvest in strong performers.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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  • Culture & Values
         
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  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Started as a Consultant and then converted to FTE

Project Manager (Former Employee)
New York, NY (US)

I worked at BNY Mellon full-time for more than 3 years

ProsNone I can think of

ConsTreated unfairly when converted from Consultant to FTE
Very negative and unhappy work environment

Advice to Senior ManagementShould treat people with more dignity and respect

No, I would not recommend this company to a friend

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  • Culture & Values
         
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  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Senior accountant/ Supervisor

Anonymous Employee (Current Employee)

I have been working at BNY Mellon full-time for more than 5 years

ProsEasy place to work for mothers with raising kids

ConsLot of jobs going offshore, But this is an Industry standard so expect it to happen everywhere

No, I would not recommend this company to a friend

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  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

No professional growth, inconsistent business strategy

Anonymous Employee (Current Employee)

I have been working at BNY Mellon full-time for more than 5 years

ProsGenerally decent people and overall culture of collaboration with a few outliers.

ConsToo much emphasis on longevity and not enough on talent and drive. A lot of talk about diversity yet in some businesses little to no diversity in executive ranks. "Talent management" all talk; no action. Increasing work load for those who survive layoffs.

Advice to Senior ManagementGive back your bonuses so we can save the positions we need to get the results our shareholders expect. Make a commitment to groom and promote top talent in middle management.

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at BNY Mellon reviews and ratings - including employee satisfaction and approval ratings for BNY Mellon CEO Gerald Hassell. All 1,006 reviews are posted anonymously by BNY Mellon employees.