State Street

www.statestreet.com
There are newer employer reviews for State Street

 

Its OK

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Associate I in Boston, MA
Current Employee - Associate I in Boston, MA

I have been working at State Street

Pros

If you're motivated and personable it's easy to move up the ladder

Cons

Impossible to get fired, causing a lot of incompetent people in the workforce.

Approves of CEO

1441 Other Employee Reviews for State Street (View Most Recent)

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  1.  

    Career path for the newly employed

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

    I have been working at State Street

    Pros

    Flexible work environment with a technology mindset. The company works towards change and improvement.

    Cons

    There are still difficulties in transferring between groups.

    Advice to ManagementAdvice

    A separation of knowledge is growing as system reliance is increasing. The knowledge imbalance is not between management and personnel. The knowledge is placed in the systems, the systems are in the hands of operations based IT, and IT has been outsourced with internal oversight. Will the knowledge still remain in the company with enough oversight retention, or will the transfer of knowledge be a one-way street?

    Recommends
    No opinion of CEO
  2. 4 people found this helpful  

    Poor compensation, poor recognition for good work, poor culture

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

    I have been working at State Street

    Pros

    - good flexible work arrangements
    - well-known company

    Cons

    - passive aggressive culture
    - low compensation
    - salary freezes
    - lack of internal mobility
    - constant re-orgs
    - low employee morale
    - too many incompetent employees

    Advice to ManagementAdvice

    - get rid of the lazy, incompetent managers
    - promote the good workers
    - compensate employees fairly
    - improve employee morale because it will increase productivity

    Doesn't Recommend
    Disapproves of CEO
There are newer employer reviews for State Street

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