Going downhill fast - Anonymous employee BNY Employee Review

2.0
Feb 22, 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Mellon was a fantastic place to work, and continued to be even after the merger, under Bob Kelly's leadership. It was a culture of education, accessible senior management, very customer focused, and a flexible work environment. Everett itself was a happy place to be where everyone knew each other and would collaborate and share ideas.

Cons

The last 3 years things went quickly downhill. Every cost cutting measure has been directed at employees - benefits, bonuses, pay, perks. Supply freezes, increased prices in the cafe, taking away everyone's personal printers, making employees use their personal cell phones. You can't get blood from a stone. Lay-offs are now a monthly occurrence so you need to get used to a very nerve-wracking culture of unmotivated and frightened employees. My last manager at BNY Mellon was very hostile towards the staff and several employees walked out after the last round of lay offs due specifically to her behavior. A formal ethics complaint was filed but was never followed up on. I only hope someone will finally see what is happening and bring in leadership who actually knows how to lead.

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Pros

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Cons

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1.0
Apr 28, 2026
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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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