State Street

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

 

Not a great place for motivated people

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at State Street

Pros

Cool Coworkers, Good place to start a career but not for the long haul. Exposure to financial industry.

Cons

Senior management does nothing to try to retain good talent.
Pay is very low and getting raises outside of the yearly 3% bump is nearly impossible.
The company has been hiring people with no background in accounting/finance/business lately and hiring incompetent employees is getting to be pretty standard around here.

Advice to ManagementAdvice

Do something to retain good employees and stop hiring people with no financial knowledge/education since it is very hard to work with people that have no interest in business/finance.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

1386 Other Employee Reviews for State Street (View Most Recent)

Sort: Rating Date
  1.  

    breeds complacency and lack of leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant, Associate I in Boston, MA
    Current Employee - Fund Accountant, Associate I in Boston, MA

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

    Pros

    hire graduates right out of school

    Cons

    no leadership, no exposure or increased responsibility, monotonous work, difficult to communicate career goals, low pay, management too concerned about time cards and vacation days than promoting the right individuals and creating a challenging, motivating environment

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Many great initiatives; no follow through

    • 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 10 years)

    Pros

    fast paced, staff level rotational opportunities

    Cons

    staff level rotational opportunities are disruptive to front-line managers and do not allow staff to obtain a "full picture" of the department before the staff member moves on to the next opportunity

    Advice to ManagementAdvice

    employee feedback is great however too many programs and not enought follow through. The day is full and most are not able to take the time for skill and career training since they are short staffed and over worked.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for State Street

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