Outsourcing, Outsourcing, More Outsourcing - Fund Accounting Supervisor BNY Employee Review

1.0
Oct 23, 2019
Recommend
CEO approval
Business outlook

Pros

These days... next to none.

Cons

Anything and everything. Worked at the bank for over a decade and things have hit a new low. Salary is below industry average, benefits are average at best and being cut every year. Employee morale and job security is worse than ever; even worse than during thew great recession. BNY expects us to train new employees in India who were hired to take our jobs, with a smile. They do vastly inferior work, but I suppose mediocrity is what BNY is fine with nowadays. All of the talented employees are fleeing as if they're scrambling for the last lifeboat left on the Titanic. The few of us left in the Florida offices are working longer hours, for less compensation, with no respect from management.

Explore other reviews about BNY

5.0
May 21, 2026
Recommend
CEO approval
Business outlook

Pros

Good work environment and people

Cons

Difficult to switch roles or departments

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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