High turnover for a reason - Anonymous employee BNY Employee Review

2.0
11 Feb 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good job security, decent benefits and the cafeteria is very hand for lunch and breakfast. not a whole lot more than that.

Cons

It doesn't matter how hard you work or how good you are at your job they know they have issues retaining talent and have done nothing to improve this situation. There is a corporate atmosphere of defensiveness as well as lots of finger pointing. The company never recovered from the merger of BNY and Mellon.

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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