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

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Good opportunity to learn business up until a certain point

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

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

Recommends
Neutral Outlook
Approves of CEO
Recommends
Neutral Outlook
Approves of CEO

Pros

good networking both internally and externally

Cons

Opporutnity based on groups you are in and managers commitment to include you

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  1. Good Start for Financial Services Career

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

    I worked at State Street full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    State Street is a great place to start your career if you are interested in financial services. If you decide to go on to another employer later on, you can leverage your experience to land a position at a mutual fund or asset manager. If you decide to stay on, there are plenty of opportunities for advancement. Besides career opportunities, the benefits outside the below market average salary are much better than the norm. The 401k plan and vacation days are particularly generous.

    Cons

    While the benefits offered by State Street are very good, the custodian bank could raise its base salary amounts by 3000 or 5000 dollars a year to be more competitive.


  2. State Street is an out of touch large corporate structured bank.

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

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

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

    Pros

    They reward employees with opportunities to give back to the community. Many departments offer a flex schedule for a better work/life balance. Vacation and paid time off helps make up for the well below average salaries.

    Cons

    Atmosphere tends to nurture and advance tenure instead of intelligence and hard work. Very corporate driven and need multiple people to get an answer.

    Advice to Management

    Don't say that your people are the company's best assets when you don't treat them that way. Actions speak louder than words. If the employees are the company's greatest asset then pay them more. Next time you walk into a State Street building or around a department floor, look around and try to count how many people are smiling. That indicator will tell you what the culture is.


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

See Most Recent

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