State Street – “Overall Pretty good.”

Pros

It is a good, solid company. State Street promotes numerous flexible work options to most employees. This is very different from other financial services firms.

Cons

Recent lay offs have created too much work for too few employees. Morale is worsening due to promotion and salary freezes.

Advice to Senior Management

I would advise management to quickly lift promotion and salary freezes. Begin rewarding exception performers as opposed to treating all employees equally.