Good work environment, but hard to switch roles - Intern BNY Employee Review

Job only as good as immediate manager. Salary is Ok ish Benefit options are ok not great.

1) Retaliation is a way of life at this company going back to 2018 and becoming worse since 2) Mid level managers are very efficient at passively insulting the Teams they are responsible for. 3) It is nearly impossible to advance in the company. 4) When you try to post to another department - your Mid level manager will do the best to stop you from advancing. Some have close friends in HR that will even have you submit a new application in an attempt to accuse the other department of recruiting you. I have experienced this. 5) The only way to increase pay and experience is by leaving the company. 6) It use to be a culture of lets help others when there is a problem, now it is lets find who to blame for upper mangers rushing a project before all risks are identified. 7) If you are taking a new Job - professionally push for higher Salary once you are in raises will be very small.

The benefits were reliable and decent.

If you’re considering a job here, my honest advice is to think long and hard before applying. During my time at BNY, the environment steadily deteriorated as staffing cuts piled up. I routinely found myself absorbing the responsibilities of multiple former employees, and the workload became overwhelming to the point where success felt nearly impossible. I consistently felt underpaid for the amount of work expected, and even strong performance didn’t always translate into fair evaluations. That created a constant sense of instability for me and for many colleagues I interacted with. Taking time off was often a struggle, and when I raised concerns, I frequently felt dismissed or minimized rather than supported. From my perspective, communication from leadership was often unclear, incomplete, or contradictory. Decisions were sometimes justified in ways that didn’t match what I saw happening day‑to‑day. After interacting daily in office with various teams in the NY along with EMEA, India, and other U.S. locations, I got the impression that many people were dealing with similar frustrations, though of course everyone’s experience may differ. If you care about career progression, work‑life balance, and feeling genuinely supported by leadership, my personal view is that BNY may not be the right place in its current state. The positive reviews online here don’t reflect what I saw or heard during my time there. In my opinion, meaningful cultural improvement would require major changes at the leadership level.