Company was "Mellonized" - Anonymous employee BNY Employee Review

2.0
Jul 19, 2010
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Collegial atmosphere, where most people were willing to collaborate to accomplish goals. Company is trying to implement many positive people-oriented programs and initiatives, post merger of BNY and Mellon.

Cons

Mellon influence has taken over the company -- for better and for worse. The company has no commitment to NY anymore -- hence the new "BNY Mellon". In a year or two, no one will remember what the BNY stands for. Everything is about moving away from high cost areas -- "low cost" is the mantra right now.

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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.

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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