BNY Mellon Reviews | Glassdoor.co.uk

BNY Mellon Reviews

Updated 23 March 2019
4,207 reviews

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BNY Mellon Chief Executive Officer Charles W. Scharf
Charles W. Scharf
490 Ratings

Employee Reviews

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  1. Featured Review

    "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL (US)
    Current Employee - Anonymous Employee in Chicago, IL (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BNY Mellon full-time

    Pros

    Hours, pay, coworkers, benefits, flexibility

    Cons

    None. I really enjoy every aspect of working here.

    Advice to Management

    Keep hiring great managers and we will perform to the best of our abilities.


  2. Helpful (2)

    "Upskilling rapidly"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in Manchester, England
    Current Employee - Senior Business Analyst in Manchester, England
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    If you want it there are plenty of opportunities to step up and really develop skills quickly. If you can impress at BNYMellon, you'll impress anywhere

    Cons

    BNY Mellon are unfortunately moving backwards on flexible working arrangements.

  3. "Forward thinking"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Director in London, England
    Current Employee - IT Director in London, England
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Culture of encouraged innovation is fabulous

    Cons

    None that I can think of

    Advice to Management

    Keep doing what you think is best


  4. "Job progression"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon full-time

    Pros

    Supportive management when opportunities are available.

    Cons

    Few opportunities within UK offices.


  5. "fair place"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon part-time

    Pros

    good work culture and nice atmosphere

    Cons

    Need a clear communications from leaders


  6. Helpful (3)

    "Vice President - BNYMellon International"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England
    Current Employee - Anonymous Employee in London, England
    Neutral Outlook
    Disapproves of CEO

    I have been working at BNY Mellon full-time (More than 10 years)

    Pros

    Standard bank perks, decent offices in Canary Wharf

    Cons

    Although WFH has been reinstated since it made the Press, there is still a review to take place in 2019, who knows what the outcome of that will be... maybe no WFH again...

    Advice to Management

    Look after your staff and give them opportunities to grow


  7. Helpful (6)

    "Brilliant Package, Horrible CEO"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England
    Current Employee - Anonymous Employee in London, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Well compensated with great peers

    Cons

    CEO is effectively Marissa Mayer

    Advice to Management

    Listen to your employees and act on what they say, especially the ones who have been around longer than the CEO. I have never heard of any senior manager so thoroughly derided as Charles Scharf, the contempt he shows his staff is returned in spades. With c-suite and directors jumping ship, and only the cynical lifers having the push to stay, he will manage out the rising stars who were bringing out great change.

  8. Helpful (1)

    "Quiet and boring environment!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Service Representative in Liverpool, England
    Former Employee - Client Service Representative in Liverpool, England
    Doesn't Recommend

    I worked at BNY Mellon full-time (More than a year)

    Pros

    I have worked for BNY Mellon - Pershing for nearly a year. The overall environment was quiet featuring no stress or pressure from superiors, no tight deadlines or whatsoever. The team was great and helpful.

    Cons

    An employee is just a number there. The overall turnover for the time I spent there was around 30% - 40%. In my humble opinion, this is due to the poor rate of wage (compared to industry) and the lack of opportunity to grow. Most of my colleagues have been working there for five-plus years in the same positions without any hint of being promoted in the foreseeable future. The work-life balance is designed well for some people where the job role allows working from home one day a week. This wasn't in my case though.

    Advice to Management

    Stop seeing people as numbers and try to understand their needs.


  9. Helpful (5)

    "Very poor senior management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in London, England
    Former Employee - Vice President in London, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at BNY Mellon full-time (More than 10 years)

    Pros

    The staff generally work hard in very trying and difficult conditions.

    I would have previously said work life balance not not any longer

    Cons

    Management are all about themselves and not the greater good of the organisation. As for the new CEO , hes unbelievable. I've never known anyone to get so much wrong all of the time. He two best to date have to be stopping UK staff from having flexible working from home arrangements even when contractually agreed and then having to back track 3 days later, or not understanding why a so called client focused organisation cannot just speak to clients on the phone (i.e call-centre) as he sees no value in face to face meetings!

    Advice to Management

    Listen to staff and treat them better they are your assets. Also get rid of the CEO as he's killing the organisation


  10. Helpful (2)

    "Ok to gain experience but not for long term"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Manchester City Centre, England
    Former Employee - Anonymous Employee in Manchester City Centre, England
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at BNY Mellon full-time (More than a year)

    Pros

    - City centre location, big company
    - Good team members
    - Pay okay

    Cons

    - No support, little training
    - Hardly being appreciated, performance is never good enough
    - Management needs to be proactive rather than pushing employees to be more proactive
    - Long hours with overtime

    Advice to Management

    - Provide more training to your staff
    - Appreciate your staff