There are newer employer reviews for State Street

 

Good Start for Financial Services Career

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

I worked at State Street full-time for more than 3 years

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.

Recommends
Neutral Outlook
Approves of CEO

1293 Other Employee Reviews for State Street (View Most Recent)

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  1.  

    cube monkey

    • 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

    pretty good job security. hard to get fired in low level positions

    Cons

    treated poorly, culture is not very conducive to happy work environment

    Doesn't Recommend
    No opinion of CEO
  2. 3 people found this helpful  

    Overall, State Street does not care for their employees

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

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

    Pros

    A good place to start out of college
    Good Benefits Package
    Flexible/work from home (depending on your group)
    A lot of young professionals (to some that may be a con)

    Cons

    Poor Pay
    Lack of growth opportunity
    Extremely high turnover rate
    Upper management is very unapproachable
    Many employees are very stiff

    Advice to ManagementAdvice

    Take care of your employees, they need to grow professionally and financially. You cannot pay below market value and expect people to stay for long.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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