No incentives to perform. - Trader BNY Employee Review

1.0
Oct 29, 2019
Recommend
CEO approval
Business outlook

Pros

Can be very easy to cruise along doing mediocre work as no one seems to care about anything..

Cons

No incentives for hard workers and high performers.. Bank supports bare minimum work quality and pays bare minimum compensation. While this works for generating earnings, it is encumbering for talented employees

Explore other reviews about BNY

5.0
Jun 23, 2026
Recommend
CEO approval
Business outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

3.0
Jun 30, 2026
Recommend
CEO approval
Business outlook

Pros

After the latest re-structuring and going agile, I don't find any. But before, a stable bank with a good book of work. Positive environment with support from your colleagues. Industry standard medical plan and vacations.

Cons

Bonuses and salary raises are hugely dependent on who you know in the senior management and how they perceive you rather than what you actually delivered.

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