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BNY Mellon

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BNY Mellon

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BNY Mellon FAQ

Have questions about working at BNY Mellon? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.

Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at BNY Mellon.

All answers shown come directly from BNY Mellon Reviews and are not edited or altered.

64 English questions out of 64

17 December 2021

Does BNY Mellon offer relocation assistance?

Pros

Great people, great benefits package

Cons

Long hours, pay disparity, burnout

Advice to Management

Follow the company values - equality and inclusion

Great people, great benefits package

17 December 2021

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2 August 2021

Does BNY Mellon offer massages?

Pros

no challenging work, great benefits, 9-5er and there is free water

Cons

In an effort to reduce cost, I'm afraid this company will start selling bathroom tokens to employees as to discourage them from leaving their desk and fund whatever they have in their vending machines

5er and there is free water

2 August 2021

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12 June 2022

Does BNY Mellon offer dental insurance?

Pros

Good benefits including 401k match up to 7%

Cons

Dental insurance is poor which is surprising for a company of this size. Inflation is outpacing annual pay bumps, but I expect this is the case for most companies in 2021 & 2022.

Dental insurance is poor which is surprising for a company of this size.

12 June 2022

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16 November 2021

Does BNY Mellon have a pension plan?

Pros

Decent pension and good benefits including flexible working. I had been working flexibly long before Covid

Cons

Professional development somewhat lacked a little and senior management were unattainable.

Advice to Management

Try not to get bogged down with back to back meetings making access to management for guidance unattainable. Often felt like my manager only contacted me on their terms. They never picked up the phone to me or answered my instant messages or emails in a timely manner. Other than delegate work, there was not much guidance or "management" that came until the performance review.

Decent pension and good benefits including flexible working.

16 November 2021

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4 February 2022

Does BNY Mellon offer parental leave?

Pros

Good benefits for 401 comp match, vacation time and additional vacation week purchase, good sick pay hours, good disability coverage, good maternity coverage. They are remote right now so in that aspect they care about safety of employees.

Cons

They do not pay enough for the job they expect. They change the title of your job to fit the pay they want to give, so that they can " claim " we are paid well within the area for a representative but that's not the job we do it is way more. Pile on the work, no solid tools to do the job they expect for the volumes. They claim to care about your health and wellness and give superficial class offerings, but the work volumes and demands are so high there is not enough time in the day to get it all done. Not to mention newer employees get bumps up due to get to the position requirements for pay per NYS, but the loyal employees over that bump with the skills get nothing extra. Company is making money no bonuses for all that are below high level mgr.

Advice to Management

This specific job can be done remote and is more efficient from home with volumes. Keep it remote and pay employees more for the real title of the job and then you will get people with quality experience coming to work for you.

Good benefits for 401 comp match, vacation time and additional vacation week purchase, good sick pay hours, good disability coverage, good maternity coverage.

4 February 2022

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64 English questions out of 64

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