BNY Mellon

www.bnymellon.com

BNY Mellon Reviews

Updated 31 January 2015
Updated 31 January 2015
1,430 Reviews
2.8
1,430 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
442 Ratings

Review Highlights

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 Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    BNY is a great company to work for

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

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

    Pros

    Great Management, easy and friendly to work with

    Cons

    Fewer growth and career opportunities due to recent restructuring

    Advice to ManagementAdvice

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

    Recommends
    Approves of CEO
  2.  

    Corporate actions senior specialist

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    Friendly down to earth group of employees.

    Cons

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

  3.  

    Low Pay, No Bonuses

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Service Officer in Edinburgh, Scotland
    Current Employee - Client Service Officer in Edinburgh, Scotland

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

    Pros

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

    Cons

    Told 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 ManagementAdvice

    Focus more on staff retention instead of constant recruitment

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
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  5.  

    Culturally & Strategically Fractured

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    As 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.

    Cons

    Cripplingly 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 ManagementAdvice

    Finish integrating the company, its been 7 years!

  6.  

    Data Analysis

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

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

    Pros

    The people are ok to work with

    Cons

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

    Advice to ManagementAdvice

    Do better to allow better career challenage.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Avoid if you can

    Former Employee - N/A in London, England
    Former Employee - N/A in London, England

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

    Pros

    Relaxed culture, good office location

    Cons

    Poor management, poor pay, lack of progression, lack of growth, lack of innovation

    Advice to ManagementAdvice

    Better reviews, reward employees better, develop a career development program

    Doesn't Recommend
  8. 1 person found this helpful  

    Paid well but learnt almost nothing

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

    I have been working at BNY Mellon as a contractor (more than 3 years)

    Pros

    Pays Good, 40 hours per week

    Cons

    Poorly trained managers frustrated of being left in the same job for years, open to innovation on paper only, doesn't add value to employees, HR doesn't monitor treatment of employees, totally REACTIVE culture

    Advice to ManagementAdvice

    Get another job, move along, it will broaden your views and give opportunities to the company

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Not my cup of tea

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

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

    Pros

    Nice offices and decent vending machines

    Cons

    Full of people who have no clue what they are doing
    If you don't know ''somebody'' or a manager then you are likely to be ignored
    Poor decision making
    Absolutely rubbish pay
    Top level managers have no clue what is going on in the day to day running

    Advice to ManagementAdvice

    Stop giving opportunities to the same old people and look at what each individual can bring. A lot of people feel left out as those who have been with the company for ages are deemed important or valuable.

    Doesn't Recommend
    Negative Outlook
  10. 1 person found this helpful  

    Summer analyst at BNY Mellon

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

    I worked at BNY Mellon as an intern (less than a year)

    Pros

    Great on-the-job learning opportunity and a way to enter the financial industry

    Cons

    Internship programme was rather disorganised

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Interview

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

    I have been working at BNY Mellon full-time (less than a year)

    Pros

    Lovely workmates , room for growth

    Cons

    Pay is not commensurate to the positions

    Advice to ManagementAdvice

    Review salaries

    Recommends
    Neutral Outlook
    Approves of CEO

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