State Street

www.statestreet.com
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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

1487 Other Employee Reviews for State Street (View Most Recent)

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  1.  

    just okay

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

    I have been working at State Street

    Pros

    -benefits package is good
    -vacation time is decent
    -the people are awesome
    -the Kansas City location is in a decent part of town
    -flextime and work from home are available in some departments

    Cons

    -the pay is much lower than the industry norm
    -lots and lots of outsourcing so job security is not necessarily there as your department may move to india.

    Advice to ManagementAdvice

    Focus on retaining employees. Pay them more and respect them, and you will lower the cost of training, have happier employees, and better efficiency (so you won't need as many employees). It's definitely a way to cost savings as well as happier employees.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    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
There are newer employer reviews for State Street

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