Software engineers are not valued - Software Engineer BNY Employee Review

1.0
21 Apr 2019
Recommend
CEO approval
Business outlook

Pros

- Easy going - Genuinely competent coworkers - OK medical benefits

Cons

- Poor management leads towards an unclear road map of intended functionalities - The business side will often times talk about how Engineers in the firm are overpaid - Lay offs due to inept leadership - Largely noncompetitive compensation packages - No real sense of career progression - Incredibly political positions in mid level management Elaborating on con #2, I think it's important to note that the business side will often talk about how the company is spending too much on technology and how the technology division makes no money. Sadly, this happens because the company is NOT a technology company, as mentioned several times by HR. Your average Software Engineer in the firm earns from 80 - 100k. That's not being overpaid, that's being UNDERPAID. Underneath all the smiles and sense of collaboration, nobody is actually passionate about the end product they work on. This leads towards people burning out or just not putting in their 100%.

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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