Bank of New York Mellon has given me my first true experience of a professional workplace - Trust Associate BNY Employee Review

3.0
29 Jan 2011
Recommend
CEO approval
Business outlook

Pros

It is a well known company with many opportunities for people in the financial field. The benefits may be the best in the city.

Cons

The compensation is extremely poor. Promotion decisions are clearly not made objectively. Very little room to grow if you stay in the same department for 1-3 years.

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.

4.0
5 Jul 2026
Recommend
CEO approval
Business outlook

Pros

There is real opportunity for career and skill growth. The company runs short on head count, so people willing to take on more responsibilities have avenues to progress. However, you will need to force the issue for promotions & large salary increases after you prove your capabilities. Realistically it'll take an external counteroffer to move the needle.

Cons

It's a large bank and you're a number in the system. If your NPV is positive you'll stay, else you'll be laid off. This includes both scenarios you control and those you don't. Ex. You control your performance, in office time and networking You don't control if your location is a strategic growth site, if a major client goes with a competitor, or if you'd be impacted by a general company-wide layoff plan.

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