There are newer employer reviews for State Street
There are newer employer reviews for State Street

See Most Recent

Potential based on immediate manager

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Manager in Toronto, ON (Canada)
Current Employee - Manager in Toronto, ON (Canada)
Doesn't Recommend
Negative Outlook
No opinion of CEO

I have been working at State Street full-time (More than 5 years)

Pros

Work environment can be comforatble and easy to pick up work experience for new employees that currently find it difficult to find experience in the finance industry

Cons

Opportunities may be limited depending on your immediate manager as well as cost cutting measures currently under way

Advice to Management

Market value adjustment of salary needed to senior associates that have the experience and analytical ability to retain good employees, hiring process of entry level needs to be more stringent, however difficult due to lower pay.

Other Employee Reviews for State Street

  1. Good experience as a first job

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Toronto, ON (Canada)
    Current Employee - Associate in Toronto, ON (Canada)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Low qualifications for hire Good pension plan Easy interview process

    Cons

    Tedious work Experience is very dependent on the type of manager you have. Low salary

    Advice to Management

    Act more as a mentor and benchmark to follow than a manager Have the same treatment to all levels of employees


  2. Helpful (1)

    It's a start

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate I in Toronto, ON (Canada)
    Current Employee - Associate I in Toronto, ON (Canada)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    If you're looking for experience, State Street offers courses to improve ones skills and provides educational assistance.

    Cons

    You can be overwhelmed if insufficient training is provided. Some operational teams may not have the time to properly train new employees. A "lean" model does not necessarily work here. Cost cutting programs when morale is already down does not translate to a bright future.

    Advice to Management

    Treat your employees like people, not a statistic. Expecting undying commitment while providing little commitment back is shortsighted. Management needs to take a good hard look at why things aren't working rather than pushing the most dedicated employees harder and harder. HR needs to do a better job as well rather than ignoring warning signs.


There are newer employer reviews for State Street
There are newer employer reviews for State Street

See Most Recent

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