There are newer employer reviews for State Street

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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 for 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

1277 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 for 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.  

    Fast Paced with lots of OT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Fund Accountant, Associate I  in  Sacramento, CA
    Former Employee - Fund Accountant, Associate I in Sacramento, CA

    I worked at State Street full-time for more than a year

    Pros

    I got this job straight out of college and I learned a ton because I was working 60+ hours per week. Pay was okay and with overtime I was make quite a bit of money for a recent college grad, which was nice. Definitely learned how to deal with a stressful work environment quickly.

    Cons

    Overtime was excessive at times with little appreciation from management. Work could be repetitive with very little focus on improving efficiency. People tend to stay there a year or two and then move on to something with a better work life balance.

    Doesn't Recommend
    Neutral Outlook
There are newer employer reviews for State Street

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