Be prepared for bad salary and horrible promotions - Anonymous employee BNY Employee Review

2.0
Aug 14, 2012
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good Working Hours, Decent Vacation time, Decent benefits, Good diversity and infinity networks

Cons

Poor management period. The people who do work hard, don't get promoted. Meanwhile, the people who do get promoted take their friends with them to the top when they shouldn't be. Horrible office politics. Very old school mentality. Horrible systems to work with and way too many of them, nothing is streamlined correctly. Pay is awful and is based on management discretion, which again they give out raises and bonuses to their favorites and are not based on merits or hard work. They tend to promote from within, even if there is no one who is fit for the job, instead of going outside of the company for someone with better skillsets - which leads to employee dissatification, resentment and overall laziness. They keep employees with horrible work attitudes and poor work performance instead of hiring new blood with better overall morale.

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5.0
Jun 23, 2026
Recommend
CEO approval
Business outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

1.0
Apr 28, 2026
Recommend
CEO approval
Business outlook

Pros

Job only as good as immediate manager. Salary is Ok ish Benefit options are ok not great.

Cons

1) Retaliation is a way of life at this company going back to 2018 and becoming worse since 2) Mid level managers are very efficient at passively insulting the Teams they are responsible for. 3) It is nearly impossible to advance in the company. 4) When you try to post to another department - your Mid level manager will do the best to stop you from advancing. Some have close friends in HR that will even have you submit a new application in an attempt to accuse the other department of recruiting you. I have experienced this. 5) The only way to increase pay and experience is by leaving the company. 6) It use to be a culture of lets help others when there is a problem, now it is lets find who to blame for upper mangers rushing a project before all risks are identified. 7) If you are taking a new Job - professionally push for higher Salary once you are in raises will be very small.

5
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