There are newer employer reviews for State Street
There are newer employer reviews for State Street

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Helpful (1)

A good place to start career in corporate setting.

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Shared Services Manager in Boston, MA
Current Employee - Shared Services Manager in Boston, MA

I have been working at State Street

No opinion of CEO
No opinion of CEO

Pros

Flexible with work/life Young workforce Easy to be promoted within

Cons

Low salaries They hire a lot of incompetent people Bad reputation in Boston because of fund accounting

Advice to Management

By offering higher salaries, you'll be able to recruit smarter people and have a stronger reputation within financial services.

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  1. Helpful (4)

    A total waste of time, SSB should stand for sweat shop bank

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accounting Manager in Sacramento, CA
    Current Employee - Fund Accounting Manager in Sacramento, CA

    I have been working at State Street

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    The people. The staff consists mostly of entry level recent college graduates.

    Cons

    -Well below industry standard pay. Recently reduced for new hires as of 2011. -Staff is massively overworked (12.5 hour days for the first 7 business days of the month) -Inexperienced managers -Very little room for promotion. -Bonuses and raises over the last 4 years have been reduced to the point where employees feel disrespected to be even given one at all -Work is not challenging at all. Could possibly be performed by a well trained chimp.

    Advice to Management

    Please provide management training to new managers, and second level managers


  2. Helpful (1)

    learning resources limited

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accountant in Quincy, MA
    Current Employee - Fund Accountant in Quincy, MA

    I have been working at State Street

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    friendly environment, relaxed atmosphere, nice offices

    Cons

    poor pay, meaningless work, do not feel valued

    Advice to Management

    take time to teach FA's the bigger picture


There are newer employer reviews for State Street
There are newer employer reviews for State Street

See Most Recent

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