There are newer employer reviews for State Street

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)

Recommends
Neutral Outlook
No opinion of CEO
Recommends
Neutral Outlook
No opinion of CEO

Pros

Work - life balance, benefits are good.

Cons

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

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  1. 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 a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    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 Management

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

  2. Great launching pad coming straight out of college

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate II in Sacramento, CA
    Current Employee - Associate II in Sacramento, CA

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

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

    Pros

    -excellent training program (financial products)
    -opportunity to cross train and experience broad range of services
    -pleasant work environment
    -financial services experience transferable

    Cons

    -inexperienced managers (lack soft skills, likely to micro manage)
    -pay isn't competitive

    Advice to Management

    Invest in people by providing and focusing on management skills.

There are newer employer reviews for State Street

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