Terrrible Co., incompetent senior management - Senior Developer BNY Employee Review

1.0
18 Jan 2019
Recommend
CEO approval
Business outlook

Pros

The pay was above market. Good 401K match.

Cons

Almost all development is done in India, they continue to shrink the US employment base. I was the only "onshore" resource on the team that I worked for. This is a common occurrence. It means that you will be stuck doing fringe work because it's difficult to collaborate in the limited hours that you overlap India, especially given the heavy accents and poor audio quality of the conference bridge. They have implemented stack ranking where managers are forced to rank 10 percent of staff as below expectations even after they have already fired the real under-performers. They then proceed to lay off the 10 percent. This Co. is incredibly siloed and bureaucratic beyond description.

Explore other reviews about BNY

5.0
5 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great company match at BNY

Cons

In the office 4 days a week

4.0
24 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Collaborative team environment, good work-life balance, exposure to enterprise-scale applications, and opportunities to learn new technologies and business processes.

Cons

Some processes can be slow due to organizational complexity, and contractors may have limited visibility into long-term strategic initiatives.

See reviews by: Helpful|Rating|Date|All