There are newer employer reviews for State Street

 

Hard to advance your career

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

I have been working at State Street as a contractor

Pros

Good on resumes and Great learning experience

Cons

Does not hire many workers so current employees are burdened with the work load

Advice to ManagementAdvice

Needs more effort in communication

1283 Other Employee Reviews for State Street (View Most Recent)

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  1.  

    They overwork you and when lay offs come, doesnt matter how much work you put in, you will be the first to go

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

    I have been working at State Street full-time for more than a year

    Pros

    Good place to start off carreer

    Cons

    Overworking, very cut throat, lacking team work

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2.  

    Good place to start, but not a place for a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant Associate II  in  Kansas City, MO
    Current Employee - Fund Accountant Associate II in Kansas City, MO

    I have been working at State Street full-time for more than 3 years

    Pros

    *Great place to get some experience on your resume
    *Benefits better than average
    *On site cafeteria, coffee shop, and fitness center
    *Work from home access
    *Managers are generally flexible with work hours and personal issues (experience may very upon which team you are on)

    Cons

    *Abysmal pay (after one promotion and three merit "increases" I still qualify for food stamps)
    *Annual layoffs
    *Constant outsourcing to India
    *Employees generally unmotivated
    *Senior Management totally unaware of difficulties in the lower ranks
    *High turnover and constant short staffing

    Advice to ManagementAdvice

    Please increase the starting salary. When the economy turns around, no solid talent will be available. State Street has a terrible reputation from an employment stance. There is no reason an employee should qualify for food and housing assistance when you pull down billions of dollars in shareholder profits.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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