Toxic culture fostered by bad management - Vice President BNY Employee Review

1.0
15 Oct 2022
Recommend
CEO approval
Business outlook

Pros

— Good work-life balance — Job security

Cons

My team has a toxic culture I wish I had never worked with these people. I blame the toxic culture on the middle management that is incapable, high-ego, and unfair. — There’s no meritocracy. Managers keep incapable people in the team and capable people have to go out of their way to help them and receive no credit for that. — Managers favor yes-man rather than the ones who tell the truth. They worry more about subordinates following their orders than them solving real problems. — I have been humiliated by my boss in public and treated in an unfriendly way by my colleagues many times. Managers are insensitive to the feelings of their subordinates. — Because of the toxic culture, conflicts between team members happen all the time and they ended up having to be arbitrated by the manager, who doesn’t have a good sense of fairness. — My team is overstaffed. I burnt out a lot of my energy dealing with politics rather than solving real problems.

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
2 Jul 2026
Recommend
CEO approval
Business outlook

Pros

Work life balance is good for the most part.

Cons

Everyone in upper management (including our CEO) has come from JP Morgan or Goldman Sachs while employees who have worked at BNY for 20+ years are not being chosen for promotion opportunities. Looking to juniorize the company yet give zero training and support for analysts starting out. The culture has completely changed over the last few years, looks like a different company.

See reviews by: Helpful|Rating|Date|All