Turnover is the only "growth" at BNY - Vice President Business Development BNY Employee Review

High turnover everywhere. Many high performing frontline people leaving. Hard to tell whether it was the uncompetitive comp, outdated tech infrastructure, packing people together like sardines downtown to save a few bucks or the mandatory stack ranking that did it. Its late in the business cycle, the markets are booming, and other firms are aggressively hiring to grow. People have options. Any surprise your best performers are walking out the door? Even GE who invented stack ranking abandoned it years ago.