State Street
2.8 of 5 1,011 reviews
www.statestreet.com Boston, MA 5000+ Employees

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1 person found this helpful  

State Street was a good growth experience with reasonable working hours

Risk Analyst (Former Employee)
Boston, MA

I worked at State Street

Pros1) High executive visibility within Enterprise Risk Management
2) Ability to understand company structure and business model
3) Friendly, competent people

Cons1) State Street's bread and butter (investment servicing) is not very glamorous or exciting
2) Compensation is not very strong (e.g. I started my career there and had to leave the bank to get paid commensurate with my skills & experience)

Advice to Senior Management1) Need to promote/pay top performers otherwise they will leave for greener pastures even if they like their work/colleagues
2) More focus on training/career path rather than putting all the onus on employees

Yes, I would recommend this company to a friend

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3 people found this helpful  

Awful company to work for.

Assistant Vice President (Current Employee)
Boston, MA

I have been working at State Street


Pros: As many other people have noted below; Good Benefits (although they… Cons: They pay well below market rate and even have multiple groups on very different pay scales. The people on the higher pay scales flaunt… Advice to Senior Management: Actually start listening to your employees, help them move and grow within your company. And by employees I do not mean the people who… No, I would not recommend this company to a friend More

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

I enjoyed the flexible work/life balance

Applications Developer (Current Employee)
Boston, MA

I have been working at State Street


Pros: Flexibility. Work Life balance is great. good benefits Cons: Too much outsourcing that is hurting morale here in Boston Advice to Senior Management: Please keep Americans employed More

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