Good Company. Middle management could use some work. - Vice President BNY Employee Review

3.0
31 Oct 2008
Recommend
CEO approval
Business outlook

Pros

Opportunity for professional and career growth is good. Creativity is encouraged. Communication within the company has significantly improved. Compensation is fair i.e. market rate.

Cons

The bank has an entrenched old boy network. You can work smart, hard, and work to improve the bottom line of your respective department however, management continues to acknowledge and rewards those they like. Mediocrity and complicity is rewarded. The company values Trust, Teamwork, and People are not adhered to by middle management. I believe the CEO is sincere however, his middle management have not bought into his message.

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5.0
6 May 2026
Recommend
CEO approval
Business outlook

Pros

Large company with internal mobility options

Cons

Very siloed divisions across the company

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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