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Assistant Vice President

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Assistant Vice President  in  New York, NY
Current Employee - Assistant Vice President in New York, NY

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

Pros

Large company that provides a a lot of opportunity for promotion and rewards.

Cons

Its big and can sometimes forget the little things but they try.

Advice to ManagementAdvice

Promote from within and encourage latteral movement among teams.

Recommends
Positive Outlook
Approves of CEO

Other Reviews for State Street

  1. 2 people found this helpful  

    Right out of college, you're just so naive...

    • 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

    Pros

    -work/life balance is great because the incentive to work overtime is non-existent
    -PTO and sick days are the only benefit you will get when working here

    Cons

    -where to begin...I am pretty sure the Senior Associate above put it perfectly
    -No room for growth (only lateral and who wants to stay at the same salary, yet on the bottom of the totem pole? Really, if you have an answer enlighten me on here)
    -The pay is absolutely terrible, the company has been ranked #1 custodial bank for the past few years; however, we have one of the worse base pay rates in the industry. Even Brown Brothers have a higher starting salary....and that says something
    -the company only cares about their shareholders and not the individuals (associates aka peons) that actually keep a good standing with the clients which inadvertently gets the CEO a bigger bonus
    -The peons bonuses, never mind, we shouldn't even call them a "bonus" by the lack there of...
    -Raise percentages fall under the same umbrella of the bonuses....I believe you can start to see a trend
    -Even if you have the determination to start making a change for you and your fellow associates, your voice goes unheard....even when you schedule a meeting and discuss this with SVP

    -

    Advice to ManagementAdvice

    With high turnover rates, lack of incentive and morale, and barely any intellectual assets....this company will just continue to stay on course towards the iceberg it's about to hit. Good luck.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Investment Operations Specialist

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

    I have been working at State Street

    Pros

    Great for entry level positions from college

    Cons

    Culture is horrible
    management doesn't care about people more than their own survival in the company.

    Recommends
    Neutral Outlook
    No opinion of CEO
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