Wealth Manager & Investment Analyst (Former Employee) – Toronto, ON – 19 February 2018
BNY Mellon is a very large US operation and operates as such. The Toronto location changed their President in the last 2 years (public knowledge) and there was extensive turnover. They demand perfection and work you hard and in return you will receive minimal increases in July each year with bonus payments in February. In your first year you will receive a prorated bonus and told if you keep up the great work, more to come which is untrue. Environment while positive is only geared toward those who are 100% committed wanting to work more than the required 8 hours per day. There are limited employee team building events and most all are in for themselves and work only.
If your looking to get promoted and move up as a millennial person should these days, this is not the place for you. You will end up working hard, being criticized for your work, them demanding more and in the end you won't get the increase or bonus you are looking for. This causes an endless turnover and why people keep leaving. I left for greener pastures and more money which i found easily having the proper credentials.