Good to start out but growth gets constrained - Financial Accountant BNY Employee Review

3.0
Aug 18, 2015
Recommend
CEO approval
Business outlook

Pros

Nice enviroment. Good benefits Opportunities to progress Changing to become best in class

Cons

Performance management an issue no-one ever fails probation, gets disciplined for poor performance. Raises either due to service length or promotion are capped at a percentage of old salary. Consequently your career pay is dictated by how you performed for 2 hours years ago. Many layers of beaucracy. One person does the work and oftentimes as many as 5 people check it despite having little knowledge of the subject matter and hence adding little value.

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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