Bank of New York Mellon Reviews

I have been working at Bank of New York Mellon part-time for less than a year

Pros – Great co-workers
Fun Environment
Laid-Back Atmosphere

I find it to be a great and laid back place where it is easy to work and get along with people. Everyone is friendly and approachable and BNYM has great potential for growth.

Cons – Low Pay
Lots of miss communications

Often times I found myself lost and kept out of the loop on some minor things. Some people aren't driven and at times its discouraging

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

I worked at Bank of New York Mellon full-time

Pros – No stress, no competition in the workplace, nice people

Cons – Not meritocracy based, salary is less than of leading competitors

No, I would not recommend this company to a friend

I worked at Bank of New York Mellon full-time for more than a year

Pros – Technology aware company that is always implementing new and innovative improvements. Really good benefits.

Cons – Not a lot of advancement or room to grow. No raises while I was there. Having to take 2 weeks vacation at a time was disappointing.

Yes, I would recommend this company to a friend

I have been working at Bank of New York Mellon full-time for more than 7 years

Pros – Good healthcare benefits. Great affinity groups.

Cons – Excessive work hours. No support for students and employees needing to advance career.

Advice to Senior Management – Develop your people. Grass will always be greener outside unless you pay attention to growing your own crops.

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

I have been working at Bank of New York Mellon full-time for more than 3 years

Pros – Staff is awesome, awesome management, good people.

Cons – Your boss and your boss's boss's hands are tied when it comes to promotions and raises. No one knows when people are going to get let go. they're looking to outsource to other countries and downsize departments... not a good place to be right now.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

I worked at Bank of New York Mellon full-time for more than a year

Pros – The career development is really good established, as there are many training programmes that you can attend to get new skills. The work-life balance is supported well, and there are some exciting opportunities for volunteering.

Cons – The remuneration was much less compared to the industry average. It depends on location, but some of the people didn't have enough educational background though were doing job well.

Advice to Senior Management – The company could find better employees from overseas by offering work permit.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

I have been working at Bank of New York Mellon

Pros – Work/life balance because it is so slow-paced. You can take your time with anything and get away with it.

Cons – The company is stuck 20 years back and completely siloed and confused. People who join become lifers because they have been there for decades. Extremely conservative, disorganized, with low pay raises and hard to get promotions (since no one leaves and no one needs to be replaced). The bank keeps acquiring more businesses but is horrible at making them work together.

Advice to Senior Management – NA

No, I would not recommend this company to a friend

I have been working at Bank of New York Mellon full-time for more than 3 years

Pros – Down to Earth atmosphere, can gain insight on numerous financial instruments, will see a solid foundation into the real world of finance & accounting from a custodial point of view. Tuition reimbursement available as long as other benefits.

Cons – A Limited focus on individuals development tracks. Paths and opportunities are present, BUT there is a lack of both time and guidance from upper level employees in assisting one to meet their goals. Success does happen but it's sometimes difficult to get there. Salary is par at best. Dedication isn't rewarded and poor performance isn't acknowledged enough.

Advice to Senior Management – Step 1 - Management should become more involved in what the staff they manage does on a daily basis. Step 2 - Managers should praise where deserved and increase awareness to those whom aren't meeting expectations.

Yes, I would recommend this company to a friend

I have been working at Bank of New York Mellon full-time for more than 3 years

Pros – None. Well at first it was exciting

Cons – Always working. Not friendly , hours not set.

Advice to Senior Management – Set schedule

I have been working at Bank of New York Mellon full-time for more than 3 years

Pros – Centrally located in Irving, TX

Cons – Employees are way underpaid and under appreciated.

No, I would not recommend this company to a friend