Corporate Culture - Anonymous employee BNY Employee Review

3.0
26 Dec 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Mostly good people and very culturally diverse

Cons

Senior leadership keeps turning over which causes too much change in too short a time for adoption which then leads to things not being completed. Talent retention is not a priority even though they will tell you it is. Actions speak much louder as benefits continue to be cut each year and most every position above the individual contributor is filled from outside the company. The review process is forced rankings and compensation is only competitive when you first arrive, after that it's all down hill.

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1.0
28 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Job only as good as immediate manager. Salary is Ok ish Benefit options are ok not great.

Cons

1) Retaliation is a way of life at this company going back to 2018 and becoming worse since 2) Mid level managers are very efficient at passively insulting the Teams they are responsible for. 3) It is nearly impossible to advance in the company. 4) When you try to post to another department - your Mid level manager will do the best to stop you from advancing. Some have close friends in HR that will even have you submit a new application in an attempt to accuse the other department of recruiting you. I have experienced this. 5) The only way to increase pay and experience is by leaving the company. 6) It use to be a culture of lets help others when there is a problem, now it is lets find who to blame for upper mangers rushing a project before all risks are identified. 7) If you are taking a new Job - professionally push for higher Salary once you are in raises will be very small.

5
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