BNY Mellon Reviews

Updated 18 September, 2014
Updated 18 September, 2014
1,232 Reviews
2.8
1,232 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
361 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.  

    Investor Relations

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

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

    Pros

    Good place to learn the business of alternative investments. Was very lucky to be on a team with great coworkers.

    Cons

    Tough to move up. Most of the managers have been there for a very long time. Heard the company is downsizing drastically.

    Recommends
    Negative Outlook
    Approves of CEO
  3.  

    remittance processor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mail Process  in  Atlanta, GA (US)
    Former Employee - Mail Process in Atlanta, GA (US)

    I worked at BNY Mellon full-time for more than 10 years

    Pros

    friendly,productin,quality,hard work,honest good working condition open communication etc the management co operative,better benefit also there,mangement is communicate the work changes,experienced work people can perform well

    Cons

    high performance work as a family quality is must management is current co operative,some productive work training there,benefit and bonus with productive,hard work ,honest,ethics,quality the employee value also motivate all

    Advice to ManagementAdvice

    better benefit

    Recommends
    Positive Outlook
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  5.  

    I have enjoyed my time spent at BNY Mellon, just looking for the next professional step in my career development.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Service Associate  in  Pittsburgh, PA (US)
    Current Employee - Client Service Associate in Pittsburgh, PA (US)

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

    Pros

    My team I worked with was very encouraging and positive.

    Cons

    The health benefits were a disappointment when they switched to HSA.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Asset Servicing Shareholder Specialist

    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Exposure to other departments in within the company
    Insight the Market and Mutual Funds
    Great place to learn about securities
    OVERTIME during tax season

    Cons

    High Turnover
    Low Pay
    very gloomy environment
    maximum supervision

    Advice to ManagementAdvice

    pay more

  7.  

    Step up your compensation game

    Former Employee - Ops  in  New York, NY (US)
    Former Employee - Ops in New York, NY (US)

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

    Pros

    Work/life balance, friendly people, 401k match

    Cons

    Too many levels of management, stimulating environments tough to come by, poor compensation

    Advice to ManagementAdvice

    Pay someone

  8.  

    Benefits are good, but not much else.

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

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

    Pros

    Starting off you get 2 weeks of vacation, unlimited sick days, 7% match on your 401K, work-life balance is great, the atmosphere is very laid back. Most of the supervisors I've met and worked with have been young, friendly, and helpful.

    Cons

    It is expected that you take on more work but are rarely rewarded for it. The health insurance is a joke if you are somebody who has a medical condition and needs medical coverage. The pay is well below average for the area and raises are very tiny. This is a good place to start your career to gain experience, however the job is so specific I feel it won't help me advance my career. They are also making it much harder to move around within the company.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Could never assimilate myself completely in the office and did not enjoy the people I worked with nor the tasks at hand.

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

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

    Pros

    Not much. Good health benefits but that is expected of a company this size. Free parking although it sucks in the freezing cold and bitter rain because it's above ground.

    Cons

    No free snacks, supplies are locked up in an unsafe wobbly cabinet, co-workers are depressed and unmotivated, very cheesy culture, smells old (the building has been there since the Cleveland cabinet), poor salary, unstructured, think I'm running out of space here. I can't really say that it's a bad place for everyone. A lot of people will be satisfied working here but they also like the punch in punch out career where incentives or actually learning is completely absent.

    Advice to ManagementAdvice

    Management is abusive and condescending. No loyalty to their long serving employees (not that I was one of them), surprised mutinies haven't formed as a result.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Summer Technology Program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Technology Intern  in  Nashville, TN (US)
    Former Employee - Summer Technology Intern in Nashville, TN (US)

    I worked at BNY Mellon for less than a year

    Pros

    They really care about my development. High paying for a summer internship. Everybody that I worked with was extremely helpful and kind.

    Cons

    I didn't feel like I accomplished a significant amount. Also, some of the intern programming seemed a little irrelevant. I would have appreciated additional training and a more challenging project.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Check Services

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Check Service Clerk  in  Pitts, PA (US)
    Current Employee - Check Service Clerk in Pitts, PA (US)

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

    Pros

    Great people to work with. Good healthcare and benefits. Very Diverse. Have 2 weeks paid vacation with 2 personal days.

    Cons

    Salary is very low especially for Pittsburgh. Can become very bored with little to no work. Over staffed. Training is very cut and dry only because work is not difficult.

    Advice to ManagementAdvice

    Have less staff in each department. Therefore paying the employees more.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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