DST Systems

  www.dstsystems.com
  www.dstsystems.com

DST Systems Reviews

Updated November 24, 2014
Updated November 24, 2014
173 Reviews
3.2
173 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Stephen Hooley
61 Ratings

Review Highlights

Pros
  • Good benefits as far as health insurance, vacation, 401K (in 19 reviews)

  • ESOP is great and has a great benefits package, equipment and supplies are up to date (in 10 reviews)


Cons
  • Senior management will throw you under the bus (in 7 reviews)

  • Technologies are a bit behind the times and I wouldn't mind a more relaxed dress code (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good company that is changing with the times

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Project Leader in Kansas City, MO
    Current Employee - Senior Software Project Leader in Kansas City, MO

    I have been working at DST Systems full-time (more than 8 years)

    Pros

    The company recognizes that the markets are changing and it is changing to stay competitive. They have improved their communication but there is more room for improvement. Also, the company is willing to work with the employees to find the best career fit.

    Cons

    There are some old-timers that want to keep things the way they were and they can prove to be a hindrance when implementing change.

    Advice to ManagementAdvice

    Keep improving the communication channels

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good 4 college students...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Mutual Fund Representative in Kansas City, MO
    Current Employee - Senior Mutual Fund Representative in Kansas City, MO

    I have been working at DST Systems full-time (more than 10 years)

    Pros

    Ummmm...a paycheck every 2 weeks.

    Cons

    401k match is low... no growth for minorities namely women and African Americans.

    Advice to ManagementAdvice

    Learn basic people skills!

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    Strong company within the Mutual Fund Industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Development in Kansas City, MO
    Former Employee - Software Development in Kansas City, MO

    I worked at DST Systems full-time (more than 3 years)

    Pros

    Market leader in the mutual fund financial services arena and growing in the healthcare industry. They provide a wealth of services for their customers and a broad mix of career options for their associates.

    Cons

    The growth potential of the mutual fund division has evened out as a number of mutual funds are becoming bought and sold through financial advisors instead of direct with the mutual fund industry and revenue is tied mostly to number of accounts held directly at DST.

    Advice to ManagementAdvice

    Continue to look at diversification and other revenue streams as you are so that job security of the associates becomes a culture norm. Salaries today tend to be somewhat lower than similar industries.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Depends on where you're at

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Engineer in Kansas City, MO
    Current Employee - Senior Software Engineer in Kansas City, MO

    I have been working at DST Systems full-time (more than 5 years)

    Pros

    Laid back type of company. Hours are flexible if needed and most employees are nice and willing to work through issues. Decent pay for easy work.

    Cons

    Deadlines. Working in the financial industry, it's all about time-to-market and meeting regulations and support of existing clients. Back to my title - depending on where you're at, this isn't as big of an issue. In support of core clients, deadlines and support are a major pain. Being on a development team, time-to-market can be an issue, but only for certain projects. Development on existing projects is much more laid back.

    Advice to ManagementAdvice

    work-life balance - some employees are worked and depended on much more than others. This comes from them being a top performer out of a crowd, but the focus is placed upon them leaving others to fall off into their own strand of work ethics. For consideration the top performer may be doing 4 - 5 times more work than others and carry much more responsibility than others, while others have an easier schedule and less consequences.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Great Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Quality Engineer in Kansas City, MO
    Current Employee - Software Quality Engineer in Kansas City, MO

    I have been working at DST Systems full-time (less than an year)

    Pros

    Good pay and benefits. Company does lots of extras for moral ie. company sponsored parking lot food truck lunches. Team builders that are something fun to do together.
    Just work hard and earn your pay, the rest is a bonus.

    Cons

    Can chose team members. I lucked out. Great team. Fast paced environment

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    BAD

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at DST Systems

    Pros

    wide range of teamwork to work with

    Cons

    management is not good at all.

    Advice to ManagementAdvice

    not at all

  8.  

    Turning into sweatshop

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at DST Systems full-time (more than 10 years)

    Pros

    Multiple business verticals, subsidiaries, so you have an opportunity to move inside the company and learn something different. Management is making an effort on getting staff engaged and communicate their vision and values in an effort to get the staff on the same page and earn their trust. Company is migrating from in-house technologies to generally accepted open source technologies, which is better for employee's next job, but at the same time works against them as company tries to shift resources overseas.
    Benefits are OK, nothing flashy like stock options or bonuses, there is profit sharing (when you retire).
    Hours are normally balanced with minimal overtime, flexibility to sometimes work from home.

    Cons

    DST used to pride itself on never laying off people. Not anymore. These days it's one layoff after another, restructuring happens multiple times in a few years. There is a definite move towards reducing U.S. staff, especially costly senior positions and adding new hires in India. Although management does a whole bunch of town halls and meetings in an effort to become more transparent, there are still things that don't add up, like "we have trouble finding people with our XXX type of business experience, there just aren't enough of them" or "we have trouble finding quality COBOL/Java personnel in U.S./KC, that's why we hire in India" and right after that laying off exact kind of people they "can't find". I can't say that's limited to DST, likely many companies do the same these days. It's just peoples' morale gets lower after each round.
    Typical corporate environment with red tape in certain places and minimal attempt to build teams out of people by planning some fun activities - these have been cut as cost cutting measures. Some PLs may do this on their own where employees pay for their share of fun.

    Advice to ManagementAdvice

    At some point you may need to re-think your offshoring strategies - more people cheaper don't work just as good and a lot of effort/cost is lost in "translation"(communication). Adding fun to employees' life can be a lot more valuable to them than regular PEG meetings.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    Great, until they decided to "reduce costs."

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer
    Former Employee - Software Engineer

    I worked at DST Systems full-time (more than 10 years)

    Pros

    Really liked working here. Started here right out of college. Started with COBOL and then transitioned to Java. Liked that they let me do that. Fell in with a great team to work with that made me feel appreciated. I had every intention of staying here til retirement, but oh no... We're going to close your office! Lost all love for this company.

    Cons

    They're dumping higher paid experience and bringing in low paid newbies. Good luck with producing quality products! Seems like anytime there's a change in management, they have to shake things up. And funny thing is, half the time it seems like they change to a way we used to do it before they changed it last time!

    Advice to ManagementAdvice

    What's wrong with keeping productive, knowledgeable, experienced people?

    Recommends
    No opinion of CEO
  10.  

    Weak Sr. Mgt. - CIO weak - can't execute.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Work - Applications in Kansas City, MO
    Current Employee - Project Work - Applications in Kansas City, MO

    I have been working at DST Systems full-time (more than 5 years)

    Pros

    Will be around for a long time. Will make money however at the employees cost.

    Cons

    Weak salary. Management under CIO have been in place for awhile - 'cruising to retirement'. Behind the times - Command and control organization . Management makes decisions to sign deals and make promises but the process to support isn't there. They do make it work but process, people, and prioritization ecosystem is non-existent. PM's are facilitators no true ownership.

    Advice to ManagementAdvice

    CIO - where is your plan? Share it. Management is either non-existent or strong handed. More balance. DO you know the meaning of a Project Manager. Document process and artifacts / knowledge - then get rid of dead weight !

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Good place to build your resume.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Staff Network Engineer in Kansas City, MO
    Former Employee - Staff Network Engineer in Kansas City, MO

    I worked at DST Systems full-time (more than an year)

    Pros

    DST Systems has decent pay and benefits.
    DST Systems provides access to some of the latest and greatest technologies.
    DST Systems is a good place to build a resume.

    Cons

    Horrible work/life balance.
    On-call is like a ball and chain.
    Some Senior employees think that they can do no wrong.
    Mangers only worried about their fiefdoms.

    Advice to ManagementAdvice

    Reevaluate your core value structure.
    Give an honest look at how some employees impact team morale.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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