State Street

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

 

Good Starting Place

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

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

Pros

It is a big corporation, looks good on your resume.

Cons

Pay is lower than at any other bank/financial corporation. Bonus is a joke. High turnover, smart people leave fast.
Worked in many different groups, most of the time promotions are earned by getting an offer from a different place, or being buddy-buddy with management.

Advice to ManagementAdvice

Find a way to create revenue, you cannot reduce expenses infinitely.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

1438 Other Employee Reviews for State Street (View Most Recent)

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  1. 2 people found this helpful  

    Stay Far Away - You will regret working here

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

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

    Pros

    Good health insurance
    Parking (except it is not free).

    Cons

    I went from having a completely uninvolved manager to a micromanager. This place is a joke. It is data entry at best. I understand so many are desperate, and will take any job with the current economic conditions, but please, don't make the same mistake as me. The work is boring, repetitive, and most departments are the same - except for managers, that is. My current manager is suffocating and she wants to constantly communicate and be the best of friends. In fact, one manager considered us all "family." No! The entire department gives me little room to breathe.

    Advice to ManagementAdvice

    Quit suffocating your employees. We don't need babysitters.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    overworked and underpaid

    • 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 8 years)

    Pros

    job security in a high growing area of the bank, commute to work is reasonable, ability to work independently within a small group

    Cons

    long hours and having to work every holiday. Not able to take total annual allotment of vacation, not able to get adequate resources

    Advice to ManagementAdvice

    allow merit increases to those who perform at a high level and whose salary is below the group average.

    Doesn't Recommend
    Neutral Outlook
There are newer employer reviews for State Street

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