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

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Helpful (3)

A company that has no regard for employees or its future

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Fund Accountant
Current Employee - Fund Accountant

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

Doesn't Recommend
Negative Outlook
Doesn't Recommend
Negative Outlook

Pros

You get financial services experience. Only take an offer if you absolutely cannot get anything else. They pretty much hire anyone who can count these days, and even some that can't.

Cons

AWFUL PAY and extremely high turnover. A college graduate ( some people with masters) shouldn't have to pinch pennies or qualify for food stamps. The pay here forces you to do that. People usually stay for a year and leave to something better.

Advice to Management

Take some advice it's quite simple: quit hiring every person who walks in for an interview and give the current employees more responsibility and more pay.

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  1. Helpful (4)

    No Bonus, No Raise

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

    I have been working at State Street full-time (More than 8 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Great for people who want a career change or new grads- both to gain experience

    Cons

    horrible managers bring moral down, and provide nothing but stressful work atmosphere.

    Advice to Management

    Management is not excused from doing work. it's required that everybody in the group do their share of work and stop complaint. How is it that a senior associate manager has nobody under them to manage? that a waste of money.


  2. Helpful (2)

    Decent place to work, but you won't want to stay long.

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

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Generous benefits and vacation day allocations. Often flexible scheduling is available.

    Cons

    Low paying overall. Not a lot of incentives to advance within the company. Poor communication with employees from management. Consistent focus on cost reduction, including sending jobs overseas whenever possible.

    Advice to Management

    Share more of the long-term vision for the company with employees. Work more at making employees feel valued, and well equipped for their jobs.


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

See Most Recent

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