State Street

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

1 person found this helpful  

Global expertise and reach, suffering from parochialism

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Vice President in Boston, MA
Current Employee - Vice President in Boston, MA

I have been working at State Street full-time (more than 5 years)

Pros

As a bank of banks, depth and breadth of capital markets experience is unlimited. State Street's global reach and market leading support for it's clientele allows for economies of scale, rapid innovation and indepth expertise. It's products and services are market leaders and are rated at or near the top of their classes

Cons

State Street suffers the typical organizational ailments, organizational silos, regulatory pressure and the neverending pogroms to improve operational leverage. Restructuring, transformation and global resourcing are the current manamgement consultant recommendations du jour

Advice to ManagementAdvice

Operartional improvements can only succeed with employee engagement, spend more time building up employee morale and engagement

Negative Outlook
No opinion of CEO

1428 Other Employee Reviews for State Street (View Most Recent)

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  1.  

    Great work - life balance; beware of politics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in Boston, MA
    Current Employee - Assistant Vice President in Boston, MA

    I have been working at State Street full-time (more than 5 years)

    Pros

    Work - life balance, benefits are good.

    Cons

    Internal promotions add 10% to your base at the most.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Great work life but very low pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Portfolio Administrator in Boston, MA
    Current Employee - Portfolio Administrator in Boston, MA

    I have been working at State Street full-time (more than an year)

    Pros

    - Work life is great
    - Depending on your team, atmosphere is great
    - Generally young staff which is great for networking

    Cons

    - Can be very dull and mundane
    - Low Salary
    - Depending on your team, atmosphere can be horrible

    Advice to ManagementAdvice

    Turn over is very high, everyone who works there is looking for other jobs. To keep quality and hard working employees - increase wages.

    Recommends
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for State Street

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