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

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Understaffed - long hours for many perm. employees

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Contractor - Project Manager in Quincy, MA
Former Contractor - Project Manager in Quincy, MA
Doesn't Recommend
Positive Outlook
No opinion of CEO

I worked at State Street as a contractor (More than a year)

Pros

Profitable, growing company. One of the biggest in its field, global presence.

Cons

Past several years have continued to see job cuts and outsourcing. They will do whatever they can to save money. Hiring seems to be comprised of contractors

Advice to Management

People, departments, and divisions spread too thin may hurt company in long run. Of course current management won't care as long as they keep getting shares and increasing their value by eliminating jobs.

Other Employee Reviews for State Street

  1. Good company, good people, bad pay

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Boston, MA
    Current Employee - Associate in Boston, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    If you are in the right team, you feel welcome by the team members. Everyone work as a team together.

    Cons

    Low pay compare to other companies. The benefit is average, and you feel insecure working in this company since they layoff people all the time. Hard to get promotion and raise.

    Advice to Management

    In order for people to work hard, the company needs to pay the employees for what they deserve.


  2. Helpful (1)

    Great company low salaries

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Associate in New York, NY
    Current Employee - Risk Associate in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Senior Management is very nice. They don't look down to you whether you an intern or VP. Management thinks of you as of professional and doesn't monitor every step of yours. Work life balance is great.

    Cons

    There are two cons that I have experienced so far. 1. Much below average financial industry salary lever. 2. Somehow hard to move up the latter and move within the company.

    Advice to Management

    Please even out salary level and benefits with the rest of financial sector in US


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

See Most Recent

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