BNY Mellon

  www.bnymellon.com
  www.bnymellon.com

BNY Mellon Reviews

Updated 18 November, 2014
Updated 18 November, 2014
1,319 Reviews
2.8
1,319 Reviews
Rating Trends

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

Review Highlights

Pros
  • Decent work life balance pay is enough to survive if you don't need much (in 132 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 31 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.  

    Good experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst
    Current Employee - Operations Analyst

    I have been working at BNY Mellon full-time (more than 8 years)

    Pros

    Very good people with friendly inviremental

    Cons

    No room for growth, hard to get promoted, long working hours

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

    Product Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Product Manager in Boston, MA (US)
    Current Employee - Product Manager in Boston, MA (US)

    I have been working at BNY Mellon full-time (more than 8 years)

    Pros

    Their wide range of products can provide exposure to a variety of industries. They have very flexible work options and fringe benefits that smaller companies don't.

    Cons

    The merger, even six years later, still shows signs of growing pains. Advancement is nearly stagnant and so are the salaries. Communication between the various departments is a struggle and they're constantly shuffling and consolidating.

    Advice to ManagementAdvice

    Better compensation and employee recognition is needed in order to retain your most valuable resources.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Great experience

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

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

    Pros

    Great company if you want to go someplace where you can grow and learn from really smart people. I don't know if the rest of the company is like this but Wealth Management is very successful and management has been fair about sharing rewards and promoting from within.

    Cons

    People don't recognize the name of the company. People recognize Mellon but not BNY Mellon.

    Advice to ManagementAdvice

    $5000 of tuition reimbursement doesn't go very far these days.

    Recommends
    Positive Outlook
    Disapproves of CEO
  6.  

    Great experience

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

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

    Pros

    Leader in its field
    Experienced co workers
    Open to rotation
    Cross trainning
    Paid overtime

    Cons

    Salary below market rate
    Budget cut costing

    Advice to ManagementAdvice

    Communicate better the long term plan considering the policy of the bank in budget cut so employees feel that they are in the plan.Try more to motivate experienced people to move through departments.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Excellent Company to work with.!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Pune (India)
    Current Employee - Analyst in Pune (India)

    I have been working at BNY Mellon full-time (more than an year)

    Pros

    Global leader in investment banking.

    Cons

    Salary. but over time pay will compensate..!!

    Advice to ManagementAdvice

    Keep it up.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Great people, good professional experience

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

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

    Pros

    Great team, really sociable, professional and hard working. Great working atmosphere and environment

    Cons

    Lack of inclusion in the decision making process. There was a change in management whilst I was employed which I think had a negative impact on the department

    Advice to ManagementAdvice

    Create a more inclusive culture and be aware that management styles that work in the US does not necessarily translate well to the UK

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    A Good Start

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Operation Executive in Chennai (India)
    Current Employee - Operation Executive in Chennai (India)

    I have been working at BNY Mellon full-time (less than an year)

    Pros

    Benifits, Nice work place, decent office culture, Training Programs, Transport , facilities, Activities

    Cons

    Pay scale is below average

    Advice to ManagementAdvice

    With Such a huge Brand Name you could loosen your pocket little

    Recommends
    Positive Outlook
  10.  

    Good experience

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

    I worked at BNY Mellon full-time (more than an year)

    Pros

    Office culture was different from other investment banks I've worked at (BNY Mellon isn't technically an investment bank. My direct management were helpful and very knowledgable.

    Cons

    Cost cutting measures were felt by all. Some managers didn't keep tolls of some employees underneath them. Not able to transfer easily to another department. Compensation is a little low.

    Advice to ManagementAdvice

    Compensation needs to be improved. Employees understand there are bigger and better opportunities at other banks in NYC.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    BNY Mellon Technology Intern

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

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

    Pros

    Slow speed, pretty interesting projects. Lots of room for networking

    Cons

    Pretty slow culture, everyone seems to be on cruise. Low start salaries

    Recommends
    Positive Outlook
    Approves of CEO

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