BNY Mellon
2.8 of 5 1,011 reviews
www.bnymellon.com New York, NY 5000+ Employees

BNY Mellon Reviews

Updated Apr 23, 2014
All Employees Current Employees Only

2.8 1,011 reviews

                             

65% Approve of the CEO

BNY Mellon Chairman, President and CEO Gerald Hassell

Gerald Hassell

(261 ratings)

45% of employees recommend this company to a friend
1,011 Employee Reviews
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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
         
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  • 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

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Great environment

Anonymous Employee (Former Employee)
Brooklyn, NY (US)

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

Prosco-workers are friendly, comfortable, very intelligent

Consdaily objectives were very repetitive

Advice to Senior Managementn/a (intern)

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

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Nice co-workers, good environment.

Intern Global Client Management (Former Employee)
Beijing, Beijing (China)

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

ProsMulti-tasks, intense, great to communicate with top management

ConsNot very technical work just a lot of daily routine work

Yes, I would recommend this company to a friend

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Financial Analyst

Financial Analyst (Current Employee)
Houston, TX (US)

I have been working at BNY Mellon as a contractor for more than a year

ProsGreat environment to work in

Conssalary compared to work load

Advice to Senior Managementpay more or consider telecommuting

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Good People To Work With

Vice President (Current Employee)
New York, NY (US)

I have been working at BNY Mellon full-time for more than 10 years

ProsFlexibility for those who work hard and demonstrate commitment, depending on the normal day-to-day responsibilities. Greater transparency on the health of the company compared to others within the industry.

ConsLower pay than competitors and other banks within the industry.

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A company in transition

Anonymous Employee (Former Employee)
New York, NY (US)

I worked at BNY Mellon full-time

ProsOpportunity to work with a lot of people who really have a desire to improve the organization. Depending on the group you were in, opportunity existed to grow within the organization

ConsProfit focus of leadership has resulted in some segments of the organization loosing touch with their resources/ Work life balance is not consistent and the sub-cultures in particular groups are bias

Advice to Senior Managementdon't loose focus on your employees as you look to transition the company

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

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  • 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

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Repetitive

Doc Custody Representative (Former Employee)
Pittsburgh, PA (US)

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

ProsFriendly people, supportive, trainable, intelligent

ConsSupervisors not respected, the need more training on how to deal with reprentsenative

Advice to Senior Managementsupervisor training

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

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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

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  • 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

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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 1,011 reviews are posted anonymously by BNY Mellon employees.