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BNY Mellon Reviews

Updated 24 April 2015
1572 reviews filtered by
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2.8
1,572 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
497 Ratings

Pros
  • Good work-life balance in my department, but not in all areas of the company (in 136 reviews)

  • Many good benefits, however, management was not proactive in developing talent (in 77 reviews)

Cons
  • No room for growth, salaries at lower end in the industry and merit increases are close to zero (in 32 reviews)

  • Plenty of talk but no regard for work life balance (in the technology sector) (in 23 reviews)

More Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Featured Review

    Very satisfied with the company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great work environment and plenty of departments to expand knowledge.

    Cons

    N/A, Nothing to report on.

    Advice to Management

    N/A

  2. IT Project Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager in Leeds, England
    Former Employee - Project Manager in Leeds, England

    I worked at BNY Mellon full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Great People
    Good variety of work

    Cons

    Governance paperwork was too much
    Some managers in other offices were draconian
    Executive board out of touch with 'shop floor'
    Expectation that same level of service could be achieved with less staff

    Advice to Management

    Learn what is actually like to support clients with day to day reporting and lessening resources and legacy procedures

  3. Client Service Rep

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    BNYM offers a flexible working solution for staff with young children. This includes shift patterns as well as the option to work from home

    Cons

    not much room for progression

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Lovely Company To Work For

    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    -Highly flexible working hours
    -Friendly staff
    -Able to job shadow other departments

    Cons

    -The salary could be better

  6. Helpful (2)

    Do more for less

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Service Representative in London, England
    Current Employee - Client Service Representative in London, England

    I have been working at BNY Mellon

    Pros

    pension, good location, if you are lucky you might get a promotion, terrible management

    Cons

    no prospects, lack of interest in employee, terrible employee incentives, high turnover of staff

    Advice to Management

    get real, people are leaving for a reason, ask and find out and sort ot

  7. Helpful (1)

    A great company being ruined by politics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Project Manager in London, England
    Current Employee - Senior Project Manager in London, England

    I have been working at BNY Mellon full-time (More than 5 years)

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    Experience a wide range of business activities across the globe. Great training opportunities. Most people are friendly and trustworthy. Great work-life balance.

    Cons

    Additional layers of senior management are created for the old boys network and filled by well-spoken yes-men with limited knowledge or experience, and who do not follow policies..These positions are mostly not advertised, filled by prior arrangement, and therefore impose a glass ceiling for internal employees. Even the top performers have little or no prospects of career advancement, complete with non-existing salary increases or bonuses. As a result the better performers leave in large numbers, and the weak ones with limited knowledge and poor performance stay behind.

    Advice to Management

    Get a HR policy in place which mandates advertising all jobs both internally and externally, with appointment based on merit, and with a preference for appointing internal candidates. HR should compile a hotlist of high performing internal candidates who are looking for internal career advancement, and focus on this hotlist prior to inviting external candidates. If no career progression has been made in 2 years, HR should intervene and the manager should explain. Honestly, after 7 years of being one of your highest rated employees, but with no career advancement, I have now given up hope.

  8. Very friendly and morally sound place to work - the bank of the future

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Marketing Executive in London, England
    Current Contractor - Marketing Executive in London, England

    I have been working at BNY Mellon as a contractor (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Friendly, open and very helpful across the board. BNY Mellon is a great place to work and people really make an effort to get to know you.

    Cons

    Promotion prospects are less than in professional services/financial services so if you are ambitious this may not be the place for you.

    Advice to Management

    The direction for EMEA from EMEA CEO Michael Cole-Fontayn is second to none. He is a great person to work for and a true example of modern day 'moral' banker.

  9. Helpful (1)

    Great training but negative work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Data Analyst
    Current Employee - Data Analyst

    I have been working at BNY Mellon full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Willing to train people without any experience in financial markets
    offers some degree, further training
    Plenty of jobs within the company

    Cons

    Negative work environment
    Very high pressure working to Market conditions
    Little support

    Advice to Management

    Invest in staff

  10. OK company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrator in Manchester, England
    Former Employee - Administrator in Manchester, England

    I worked at BNY Mellon full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Friendly People and a good variety of projects

    Cons

    Very low pay as cost cutting drive, lots of office politics

    Advice to Management

    Listen to the people on the ground

  11. Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant in London, England
    Current Employee - Fund Accountant in London, England

    I have been working at BNY Mellon

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good exposure to big clients

    Cons

    Resourcing issues need to be sorted

    Advice to Management

    Resourcing

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