State Street

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

4 people found this helpful  

sweatshop

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

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

Pros

Its a Job, provides experience

Cons

Long hours, crap pay, horrible compensation

Advice to ManagementAdvice

spread the wealth and give employees more incentive to work hard

Doesn't Recommend
Disapproves of CEO

1487 Other Employee Reviews for State Street (View Most Recent)

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  1. 1 person found this helpful  

    If you are looking for a great career, look somewhere else. If you need a paycheck it'll do for a short term commitment.

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

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

    Pros

    Most Weekends off and a constant paycheck. If you like OT come to State Street.

    Cons

    Off Shoring of work, very little bonus or pay raises for Administrators. All promises of career growth without target delivery dates. If you want a pay raise, you better just accept it will be in the form of OT. Parking and and benefits whatsoever are at a high cost in comparison to salary. I worked at State Street for over 5 years and not a single promotion. I feel as if i wasted 5 years of my life.

    Advice to ManagementAdvice

    Practice what you preach. When an employee looks for career advancement, management should provide some real guidance.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 3 people found this helpful  

    A company that has no regard for employees or its future

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

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

    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 ManagementAdvice

    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.

    Doesn't Recommend
    Negative Outlook
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