Toxic stressful environment - Senior Associate BNY Employee Review

2.0
29 Oct 2025
Recommend
CEO approval
Business outlook

Pros

Coworkers are helpful and willing to assist

Cons

Compensation is Uncompetitive: Pay is low, benefits are poor, and the benefits package was recently weakened (e.g., taking away the option to purchase vacation). The high cost of parking further reduces effective take-home pay. ​Demotivating Pay Structure: The company enforces a mandatory, non-merit-based performance distribution (e.g., forcing 25% below, 10% below, and 15% partial ratings), which punishes high performers and is inherently unfair. ​Non-Existent Work-Life Balance: There is an implied expectation that you must stay at work until all tasks are complete, regardless of the time. This is compounded by management calling employees on their scheduled time off, demonstrating a complete lack of respect for personal boundaries. ​Poor Management/Accountability: The work environment is not supportive. Management is poor, and employees frequently get blamed for mistakes made by others or for issues that occurred while they were away.

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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