-13
eNPS Score
Q&A With BNY Mellon Employees
Talented people are drawn to world-class organizations that offer outstanding opportunities, and BNY Mellon is an employer of choice for individuals around the world. We invest in each employee’s personal and professional wellbeing because we understand that client success, as well as our ultimate success, starts with our employees.
How employees describe working at BNY Mellon
Continually below market comp with adding
They are generally nice people to work with
Fast Paced and room for growth
Interesting but room for improvement
Anti money laundering service , promptness in completing
What it's like to work at BNY Mellon
- BNY Mellon employees generally work 9.2 hrs a day
- Employees at BNY Mellon report the work pace is moderate
- On a typical day, employees at BNY Mellon have 2 meetings
- 70% of BNY Mellon employees look forward to interacting with their team every day
- BNY Mellon employees most often take 20-30 paid vacation and sick days each year
- 67% of BNY Mellon employees report they are happy with their work life balance
- BNY Mellon employees typically get valuable feedback on how to improve at work Once a month
- 61% of BNY Mellon employees call their work environment positive
Q&A With BNY Mellon Employees
IDX: 25 TOT: 81
How's the feedback proccess at BNY Mellon?
With each yearly review the employee is expected to add feedback
Poor. Mgmt does not look for or accept feedback nor do the constructively give feed back. Within wealth Mgmt leadership is nonexistent. Paces drives all. Sharf needs to clean house.
What’s the typical comp structure in biz dev?
Sal + commission. Juice is structured to be unclear to customers but very clear in production.
salary and production for asset management. No comp for credit or banking. Most not series 7 so no brokerage or alternative asset classes.
What are the team outings like at BNY Mellon?
Non existent
How secure do you feel at your job at BNY Mellon?
Too secure. wish I could get a package.
What part of BNY Mellon's business is growing fastest? What part is having difficulties?
Loosing at Ll quarters. Broken promises from prior regime.
What's the company culture like at BNY Mellon?
Fearful
What do people at BNY Mellon think about the CEO? What do they do well and what can they improve?
Arrogant and dragging the company into the gutter. Probably setting up for a sale.
What's the office vibe like at BNY Mellon?
Poor. Fearful environment.
What are your coworkers at BNY Mellon like?
Great frighten unhappy
How does BNY Mellon handle HR issues?
Poorly. HR works for the company not the employees.
How are the dental insurance options at BNY Mellon?
Decent
How long does it take to hear back after applying to BNY Mellon?
The period of time can be measured in a matter of days, especially if you know people already working there.
What makes you the most proud about working at BNY Mellon?
Nothing. My business, which is part of the Asset Servicing division, was purchased by PNC Bank. BNY Mellon has done nothing but make me hate this company. Employees are not supported or even made to feel welcome. BNY Mellon is a terrible company.
How innovative is BNY Mellon?
Very behind the times from a tech perspective. Lack of flexibility and tons of red tape, in part due to heavy regulation but mostly due to senior leadership not being open to new things, in spite of lip service to building an innovative culture. Management believes making everyone work in an open floor plan is all that is needed to make magic happen.
In your opinion, what are the most common interview questions that BNY Mellon asks?
Boilerplate stuff. I have never heard of anyone doing things differently.
How challenged are you at BNY Mellon?
Not challenged. The real challenge is to be able to navigate the constant change in direction required of us regrading clients/executive mngt.
How's the morale at BNY Mellon?
For me, it just become lower given that certain employees are now being forced to sign (yearly we are told) to pledge that we will maintain a 30 day period prior to leaving. If we do not sign off on this, we will forego our (small) yearly bonus. Certain levels of employees must agree to a 60 or 90 day period. This is quite tough when many other benefits are being cut back and in this case, asking you to choose. Of course we have to agree so that we get our bonus.
What's the interview process like at BNY Mellon?
Interview with Human Resources first
What are you most excited about working at BNY Mellon?
Opportunity for advancement
How difficult is it to maintain a social life while in your job at BNY Mellon?
Not difficult at all. Some employees work from home regularly
How much diversity is there among employees at BNY Mellon?
It is very diverse, in fact I have often helped employees from other countries acclimate to Pittsburgh, PA.
What unique perks and benefits does BNY Mellon provide?
Flexible work / telecommute on demand in most but not all departments.
How do you feel about BNY Mellon's future?
Still in the 80s or 90s. Will continue to die a slow death without dramatic change
What does the leadership team at BNY Mellon need to get better at?
Be in touch with ground reality
Why do you feel undervalued and what would make you feel better about your compensation at BNY Mellon?
Organization is top heavy and continues to be. Mid-level, lower level Employees are not rewarded proportionately
Curious about what work's like at BNY Mellon?
Anonymously Ask BNY Mellon Employees Any Question
Should I work at BNY Mellon?
32% of BNY Mellon employees would encourage their friends to become coworkers, whereas 23% are neutral and 45% would not recommend working at BNY Mellon to their friends.
| 32% | Promoters |
|---|---|
| 23% | Passive |
| 45% | Detractors |
