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

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Helpful (1)

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)

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

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 Management

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

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  1. Helpful (3)

    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)

    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.

  2. Helpful (1)

    Good culture, bad pay

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

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

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Great community presence, volunteer services, employee appreciation events.

    Cons

    Terrible pay, terrible training, bad management,

    Advice to Management

    Better training, half of the people who have been hired within the last 2-3 years have no idea what they are doing and why.

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

See Most Recent

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