BNY Mellon
2.8 of 5 1,000 reviews
www.bnymellon.com New York, NY 5000+ Employees

BNY Mellon Reviews

Updated Apr 16, 2014
All Employees Current Employees Only

2.8 1,000 reviews

                             

64% Approve of the CEO

BNY Mellon Chairman, President and CEO Gerald Hassell

Gerald Hassell

(255 ratings)

45% of employees recommend this company to a friend
1,000 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

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

 

Good learning experience but poor compensation and high turnover

Anonymous Employee (Former Employee)

I worked at BNY Mellon full-time for more than 5 years

ProsGreat people to work with. Ability to participate in various projects.

ConsPay is very low compared to competition, very high turnover. Very little training and development. Processes are inefficient

Advice to Senior ManagementIncrease salaries and retain employees

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

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

 

Started my Career

Senior Manager (Former Employee)
Nashville, TN (US)

I worked at BNY Mellon full-time for more than 5 years

ProsTons of opportunities all over the world. Exposure to big business strategies, cutting edge technology, education assistance, good benefits, and international experience.

BNY Mellon was my school so to speak. I broke into the management game here, learned tons, was given opportunities to challenge mindsets, and introduce new ideas.

I was lucky enough to find a company that brought me on board with almost virtually no experience. I worked hard, smart, and networked smart. I was able to excel and grow as a professional.

ConsThe dollar rules all. There isn't as much investment in staff as I think is appropriate, and the executive management teams are very much old school New York. During my tenure, I saw years where raises and bonuses were frozen. In some of the firm's low cost markets, pay was exceptionally low, it was very difficult for me to hire High Caliber employees at the pay ranges we offered.

Advice to Senior ManagementRe-Think how much you want to invest in your work force in low cost markets. It was the driving factor in why I left, and I know others have left for similar reasons. Re-Evaluate the return on investments when it comes to your employees. Happy employees will always outperform their unhappy peers.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

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

 

Cool place

Anonymous Employee (Current Employee)

I have been working at BNY Mellon

ProsI would work there full time, and people are friendly. Good pay

ConsHours could be horrible at times. Career advancement is limited

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

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

 

A very good start for my career

Accounting and Reporting Specialist I (Former Employee)
Breda (Netherlands)

I worked at BNY Mellon full-time for more than a year

ProsProfessional environment, know how, good mentoring by some people

ConsManagement uncertain of what they want to accomplish, rather senior age group- not much room for new ideas.

Advice to Senior ManagementMore performance based salaries, refresh personnel

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

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

 

Temporary Contract for 9 months

Anonymous Employee (Former Employee)

I worked at BNY Mellon as a contractor

Prosfriendly staff, fair delegation of workload

Conspoor salary, & lack of motivation

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

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

 

Summer Trainee

Summer Trainee (Former Employee)
Brussels (Belgium)

I worked at BNY Mellon as an intern for less than a year

ProsWork life balance ; Teamwork ;You will work hard and learn a lot, and it will be worth it. Great chance to grow both personally and professionally working in a multicultural environment. You will follow a number of training courses related to banking and finance.

ConsRelatively low compensation for the banking industry and only few opportunities in Brussels office. Only back and middle office positions offered in Brussels.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

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

 

Acceptable to begin a career

Associate (Current Employee)
Syracuse, NY (US)

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

ProsYou will learn about the financial industry to some extent. If you show initiative, drive, and ability, you will be rewarded with more work and responsibility. I wouldn't recommend staying here too long, but there is value here for an early career professional (emphasis on early). Time off is generous; you likely won't be asked to work beyond your scheduled hours.

ConsThe level of competency of some of your co-workers will be shocking. This is a place that the unskilled and unmotivated are permitted to hide/float by. If you don't work in NYC or Pittsburgh, you will be largely ignored. Very low pay compared to industry.

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

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

 

Lots of projection experiences

Senior Cash Reconcilation (Former Employee)
New York, NY (US)

I worked at BNY Mellon as a contractor for more than 10 years

Prosprotensional growth within system real time

Consworking with irate customers daily

Advice to Senior Managementconsideration for ideas

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

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

 

Up to you to make the most of it

Relationship Manager (Former Employee)
Dublin, CA (US)

I worked at BNY Mellon full-time for more than a year

ProsWell established business, with great facilitates for education and career and personal development, it's really down to you go take charge of your experience as the company is so big and middle management can be lacking in people development skills

ConsVery split between the business units with no interaction between colleagues

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

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

 

Created a variety of elearning courses in Captivate. Training Project Manager for offshore transitions.

Corporate Learning Manager (Former Employee)
Pittsburgh, PA (US)

I worked at BNY Mellon full-time for more than a year

ProsWork from home 1 day a week

Conslayoffs, hard to interview for posted jobs

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review
RSS Feed Embed

Worked for BNY Mellon? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.

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 1,000 reviews are posted anonymously by BNY Mellon employees.