BNY Mellon Reviews

Updated 22 October, 2014
Updated 22 October, 2014
1,281 Reviews
2.8
1,281 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
379 Ratings

Review Highlights

Pros
  • Good work-life balance in my department, but not in all areas of the company (in 131 reviews)

  • Many good benefits, however, management was not proactive in developing talent (in 77 reviews)


Cons
  • No room for growth, salaries at lower end in the industry and merit increases are close to zero (in 29 reviews)

  • All the hard works we done are not appreciated by the senior management of the company (in 51 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good learning experience but poor compensation and high turnover

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    Increase salaries and retain employees

    Doesn't Recommend
    Disapproves of CEO
  2. 2 people found this helpful  

    Tough place to work if you are in IT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon full-time

    Pros

    Decent salary. Advanced technology. Very dedicates employees who work very hard to support other divisions and their customers.

    Cons

    Too many layers of management to the point that the head doesn't understand what the feet have to do and doesn't really care. Recent cutbacks have triggered layoffs at the bottom to pay for more layers in the middle. Little advancement or external training. Long days, many weekends and not much of a life balance. Recently instituted using metrics to gauge employee performance which only adds to the effort required to do an already tough job and doesn't really reflect what is going on down on in the trenches.

    Advice to ManagementAdvice

    Get more in touch with the "boots on the ground" and stop worrying about how the metrics look. Get more in touch with the people who are actually doing the work. Middle managers will do and say what it takes to make themselves look good or keep their jobs secure and won't tell you when you are making a tough job even tougher.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer in London, England (UK)
    Current Employee - Software Developer in London, England (UK)

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

    Pros

    benefits, compensation, training, work culture, people

    Cons

    work life balance, work life balance

    Advice to ManagementAdvice

    appreciate and ensure career path for hardworking employees

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    Some good, some ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon full-time

    Pros

    Lots of volunteering opportunities as BNY Mellon is involved in the communities

    Cons

    Lots of glass ceilings and hard to advance in jobs and pay as an insider.

    Advice to ManagementAdvice

    Take care of the people taking care of the company. Outsiders come in with better salaries than if posting internally. Does not make sense as the insider knows the culture and in-house applications. Employees are also loyal until they see this company behavior over and over.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    6+ months at BNY Mellon

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon as an intern

    Pros

    Big name/enterprise. Good pay, good training

    Cons

    Old technologies and too much of "going through the chain" .

    Advice to ManagementAdvice

    Advance in technologies. Every product has a life-time after which its just old and slow.

  7.  

    User Experience Design Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - User Experience Design Intern in New York, NY (US)
    Former Employee - User Experience Design Intern in New York, NY (US)

    I worked at BNY Mellon as an intern (less than an year)

    Pros

    easy to work on for this company

    Cons

    not fun to work on this company

    Advice to ManagementAdvice

    no comments

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Great place to work, if money isn't important to you

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    Nobody gives you a problem if you need to be out the door at 5:00. Depending on your manager, flexible hours can be arranged.

    Cons

    No chance of market based salary increases unless you threaten to leave (with an offer from another firm). Willing to let talented people do the work for no reward.

    Advice to ManagementAdvice

    Identify people that are good and reward them for it. Call out those who aren't doing their job.

  9.  

    Great company to learn about corporate world, but no movement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Analyst in New York, NY (US)
    Former Employee - Operations Analyst in New York, NY (US)

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

    Pros

    Laid back environmen and flexible schedule

    Cons

    Unprofessional managers and no growth within the company and pay sucks

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  10.  

    Skip if you are ambitious and want a career growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon full-time

    Pros

    good work life balance, Perfect place if you have a family.

    Cons

    not enough growth, several operations move in Pittsburgh, low salary.

    Advice to ManagementAdvice

    More training classes for employees, more willing to changes and suggestions and actually make these suggestions a reality. Mobility.

  11.  

    Not enough money to much work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon

    Pros

    Okay environment , a few things can be changed

    Cons

    A lot of hard work for not enough money

    Advice to ManagementAdvice

    It was okay just need more pay

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

Work at BNY Mellon? Share Your Experiences

BNY Mellon

 
Click to Rate
or

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