Toxic culture fostered by bad management - Vice President BNY Employee Review

1.0
15 Oct 2022
Recommend
CEO approval
Business outlook

Pros

— Good work-life balance — Job security

Cons

My team has a toxic culture I wish I had never worked with these people. I blame the toxic culture on the middle management that is incapable, high-ego, and unfair. — There’s no meritocracy. Managers keep incapable people in the team and capable people have to go out of their way to help them and receive no credit for that. — Managers favor yes-man rather than the ones who tell the truth. They worry more about subordinates following their orders than them solving real problems. — I have been humiliated by my boss in public and treated in an unfriendly way by my colleagues many times. Managers are insensitive to the feelings of their subordinates. — Because of the toxic culture, conflicts between team members happen all the time and they ended up having to be arbitrated by the manager, who doesn’t have a good sense of fairness. — My team is overstaffed. I burnt out a lot of my energy dealing with politics rather than solving real problems.

Explore other reviews about BNY

5.0
23 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

3.0
30 Jun 2026
Recommend
CEO approval
Business outlook

Pros

After the latest re-structuring and going agile, I don't find any. But before, a stable bank with a good book of work. Positive environment with support from your colleagues. Industry standard medical plan and vacations.

Cons

Bonuses and salary raises are hugely dependent on who you know in the senior management and how they perceive you rather than what you actually delivered.

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