BNY Mellon Reviews

Updated 25 August, 2014
Updated 25 August, 2014
1,230 Reviews

2.8
1,230 Reviews
Rating Trends

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

Review Highlights

Pros
  • I also get to work from home when needed, making the work life balance easier to handle (in 116 reviews)

  • Many good benefits, however, management was not proactive in developing talent (in 61 reviews)


Cons
  • There is no room for GROWTH and the PAY SUCKS OVERALL (in 25 reviews)

  • All the hard works we done are not appreciated by the senior management of the company (in 49 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 for 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. 1 person found this helpful  

    Not the Best place to work at

    • 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

    Has potential to resolve their internal issues.

    Cons

    Very high pressure. Programs put in place without adequate staffing. Few career opportunities in the New York, and other centers of talent, such as London, areas

    Doesn't Recommend
  3.  

    Great Company

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    Loved the people, loved the atmosphere and the job. Such a good company to get your foot in the door. Great 401k, health benefits, etc.

    Cons

    Salary on the lower end for a competitive company.

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  5.  

    Accountant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant  in  Phila, PA (US)
    Current Employee - Fund Accountant in Phila, PA (US)

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

    Pros

    The managers are understanding. The management is flexible to work hours when unusual events happen.

    Cons

    Upward mobility seems lacking or priority

    Advice to ManagementAdvice

    Training program to encourage career development

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Lots of turnover, lots of opportunity.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Corporate Actions Senior Specialist  in  Pittsburgh, PA (US)
    Former Employee - Corporate Actions Senior Specialist in Pittsburgh, PA (US)

    I worked at BNY Mellon full-time

    Pros

    Great pay for entry level job, lots of other young professionals, nice social environment, very reasonable 40-hr work week.

    Cons

    Within my division (asset servicing, corporate actions), there was a very high rate of attrition--mostly because people were getting hired to better jobs in other departments, but this meant work was very transient, always lots of meetings and training and often challenging to meet client demands.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Okay

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

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

    Pros

    Work life balance, nice people for the most part

    Cons

    No room for growth, salaries at lower end in the industry and merit increases are close to zero

    Advice to ManagementAdvice

    Invest on your employees

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Intern: IT Support

    Former Employee - Anonymous Employee  in  Pittsburgh, PA (US)
    Former Employee - Anonymous Employee in Pittsburgh, PA (US)

    I worked at BNY Mellon as a contractor for more than a year

    Pros

    Great workforce, friendly bosses, nice offices

    Cons

    Slow to adopt new ideas

    Advice to ManagementAdvice

    Keep doing what you're doing

  9.  

    Great working envrionment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - NAV OPs  in  King of Prussia, PA (US)
    Current Employee - NAV OPs in King of Prussia, PA (US)

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

    Pros

    Easy to get promotion and laid-back environment.

    Cons

    i think they pay lower than the other compa ny

    Recommends
    Approves of CEO
  10. 1 person found this helpful  

    Time there felt worthless

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon as a contractor

    Pros

    Mentor Program is great, ability to grow and rise up

    Cons

    clueless management and no cross-site opportunities

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Bank Of New York Mellon CARS Supervisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Accounting and Reporting Supervisor  in  Everett, MA (US)
    Current Employee - Client Accounting and Reporting Supervisor in Everett, MA (US)

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

    Pros

    The corporate culture is good at BNYMellon. Also, the extensive training is unique and detailed. Upper management is very smart and well versed. Also, the outside work corporate events were usually a good time.

    Cons

    It is very hard to move up the ladder at Mellon. Once you get to a certain level, you can idle there for years. Also, the lack of recognition gets frustrating. They reward the people who work on easy clients and take for granted the employees that are really blowing away the client. Also, the training comes pretty late in the process. Finally, the quality of entry level staff is usually very poor as their starting salaries are not competitive.

    Advice to ManagementAdvice

    Management needs to work on a work/life balance plan. Also, need to come up with a better promotional system, and pay more in order to bring in better quality employees.

    Recommends
    Neutral Outlook
    Approves of CEO

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