BNY Mellon

  www.bnymellon.com
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BNY Mellon Reviews

Updated Jul 30, 2014
All Employees Current Employees Only

2.8 1,169 reviews

60% Approve of the CEO

BNY Mellon Chairman, President and CEO Gerald Hassell

Gerald Hassell

(336 ratings)

44% of employees recommend this company to a friend

Review Highlights

Pros
  • I also get to work from home when needed, making the work life balance easier to handle (in 116 reviews)

  • Many good benefits, however, management was not proactive in developing talent (in 61 reviews)


Cons
  • There is no room for GROWTH and the PAY SUCKS OVERALL (in 25 reviews)

  • All the hard works we done are not appreciated by the senior management of the company (in 49 reviews)

More Highlights
1,169 Employee Reviews
Relevance Date Rating
in

     

    It is Good

    Anonymous Employee (Current Employee)

    ProsIt is a good company, it cares for the employes, the overall perks of the company apart for the salary structure are good.

    Conssince it has grown leaps and bounds in the last 3-4 years and the company going into full Cost cutting mode, the chances of getting promotions are tough.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Good short term, bad long term

    Anonymous Employee (Current Employee)

    ProsRelaxed atmosphere
    Company is fairly secure with little shake ups in comparison to most Banks/Investment Banks
    Number of social events planned throughout the year

    ConsLow salary and next to no bonus & pay rise year-on-year
    Inept HR preventing sideways movement within the company
    Increasing love of creating layers of hierarchy reducing job prospects
    No incentives provided to improve performance given the recession spiel provided in the 3rd/4th Quarter

    Advice to Senior ManagementDevelop a real world career development program for all levels of employees... not only "management" level benefit from knowing the various business areas.
    360 reviews would highlight a number of deadwood management, of which there are many.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    amazed

    Treasury Assistant (Former Employee) London, England

    Prosopportunity for career progression and access to new information

    Consadmin/general management not university educated, made of agency staff.

    Advice to Senior Managementimplement review of non-contractual employees potential and growth within business

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Not the best

    Anonymous Employee (Former Employee)

    ProsGood team. Decent social events held every once in a while.

    ConsPoor ground level management
    Overworked staff due to poor planning, company says yes to added work before checking there is the capacity to pick it up.
    Pay is shocking considering the high profile of the company

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    BNYM Europe - Asset management - Treated fairly

    Senior Financial Analyst (Former Employee) London, England

    ProsBNYM treated me well and offered me good opportunities to move between roles. The work life balance was good, basic pay is fair

    ConsBonuses are generally lower than average and the organisation suffers from the usual bureaucracy issues of a large institution and can be slow to move

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    BNY is a great company to work for

    Senior Financial Analyst (Current Employee) London, England

    ProsGreat Management, easy and friendly to work with

    ConsFewer growth and career opportunities due to recent restructuring

    Advice to Senior ManagementDo more to enhance personal growth of employees and retain hard-working people, whether contractors.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Low Pay, No Bonuses

    Client Service Officer (Current Employee) Edinburgh, Scotland

    ProsIt has a relaxed environment and there are some benefits such as free medical insurance. BNY Mellon also has an approachable Human Resources team.

    ConsTold every year that there are no budget for bonuses. Taking advantage of the recession even though the company was the least effected bank by the economic downturn.
    Pay is lower than average
    No reward incentives

    Advice to Senior ManagementFocus more on staff retention instead of constant recruitment

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

     

    Corporate actions senior specialist

    Anonymous Employee (Current Employee)

    ProsFriendly down to earth group of employees.

    ConsSalary is low and there's no negotiating on whether it should be revalued for individuals, regardless of skill set. Systems are poor.

     

    Culturally & Strategically Fractured

    Anonymous Employee (Current Employee)

    ProsAs an employee, it is safe and secure enabling one to carve out a comfortable and moderately paced career. Its a fairly reliable and consistent employer. The staff, for the most part, are pleasant enough.

    ConsCripplingly risk-averse
    Low salary and bonus
    Immature IT strategy
    Like stopping and turning an oil tanker
    Confused finance division
    Inept HR division
    Multiple acquisitions and mergers over years were not ever finished properly

    Advice to Senior ManagementFinish integrating the company, its been 7 years!

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Data Analysis

    Data Analyst (Former Employee) London, England

    ProsThe people are ok to work with

    ConsIn the Department i was in there was not enough room to move up the ladder.

    Advice to Senior ManagementDo better to allow better career challenage.

    No, I would not recommend this company to a friend

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