There are newer employer reviews for State Street

 

built a career there

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

I worked at State Street full-time for more than 10 years

Pros

good place to start in financial services, lots of areas to learn

Cons

increasingly silo-ed and functionalized, overall low quality of management, executives are dis-engaged with clients and staff

Doesn't Recommend
Negative Outlook
Disapproves of CEO

1294 Other Employee Reviews for State Street (View Most Recent)

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  1.  

    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 for 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
  2. 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 for 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
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