Expect to be poor - Recensione dipendente - Dipendente anonimo presso BNY

2,0
19 ott 2014
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Generally there is a good work life balance.

Svantaggi

When I first started at The Bank of New York, I felt like I hit the jackpot and would retire here. Full training was provided and opportunities to grow and learn were plentiful. The work environment was great and co-workers were happy. My reviews had consistently exceeded expectations and my salary increases represented that Since the merger with Mellon in 2007, and especially since the recession, it's a different place. My workloads and responsibilities have doubled yet my increases have stayed between 1.5 - 1.99% in spite of still "exceeding expectations" and that's after not receiving any raise at all in 2009. I'm actually making less money than when I started 14 years ago because the cost of living has exceeded my "raises". I can no longer afford to stay employed at BNY Mellon and most of my coworkers are looking for other jobs because we are overstressed, underpaid and no longer happy.. It's a good place to work if your a manger or above, or in a position where you are bringing in new business or clients, but if your in a job that keeps the business operating, expect to be poor. There are even employees (many) who receive some form of government assistance (in spite of being there a decade) because the salaries are so low. If your a college intern or recent graduate looking for a first job to gain experience it can be a good place to work, but don't expect to stay there long if you want a future.

Esplora altre recensioni su BNY

5,0
23 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Really technology driven and laid back first

Svantaggi

Low salary for new associates.

3,0
30 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

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.

Svantaggi

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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