State Street

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

 

Few opportunities for growth

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

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

Pros

The company provides very good benefits.

Cons

Employees are not satisfied with their responsibilities, some managers do not know how to manage teams, and there are few opportunities for employees in entry level positions to move up.

Doesn't Recommend
Neutral Outlook
No opinion of CEO

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

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  1.  

    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 (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
  2. 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
There are newer employer reviews for State Street

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