Forced rankings - Vice President BNY Employee Review

1.0
6 Nov 2025
Recommend
CEO approval
Business outlook

Pros

Good only if you have no other job lined up

Cons

Management is force ranking 25% of their staff as needs improvement for their mid year reviews. This 25% will then be laid off and not paid any bonus or severance. Horrible work environment.

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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