BNY Mellon

  www.bnymellon.com
  www.bnymellon.com

BNY Mellon Reviews

Updated 25 November, 2014
Updated 25 November, 2014
1,322 Reviews
2.8
1,322 Reviews
Rating Trends

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Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
404 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. 1 person found this helpful  

    Bny mellon has deep experience in Wealth Management that is second to none. The culture is a bit of a chanllenge in which it is not a warm inclusive environment. Senior management has more of a critical and demeaning style

    • 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

    Pros

    The best part of working here is the depth of people as resources and experience. The caliber of talent is very high

    Cons

    Management style is more of a dictatorship that lacks true leadership and passion

    Advice to ManagementAdvice

    Need to get professional executive coaches and Senior Managers who lead by example

    Recommends
    Positive Outlook
    Disapproves of CEO
  3.  

    Operations Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Clerk in Lake Mary, FL (US)
    Current Employee - Operations Clerk in Lake Mary, FL (US)

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

    Pros

    Great people and very respectful place to work , enough work and overtime available.

    Cons

    You will get lost in the shuffle, very hard to advance . Keep your head down and do the work, do not speak up or put in the spotlight.

    Advice to ManagementAdvice

    Provide more incentives for employees to stay and look forward to coming in on a daily basis. Too many chiefs and very little Indians.

    Recommends
    Neutral Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Technology Analyst

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

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

    Pros

    Good work life balance. Easy to move across teams internally.

    Cons

    Too slow to change.
    Low salary.

    Advice to ManagementAdvice

    Focus on being more agile.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    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
  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.  

    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
  10.  

    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
  11.  

    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

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