State Street

  www.statestreet.com
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1287 Employee Reviews (View Most Recent)

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State Street Rocks

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

Pros

Great Work life balance, specially if you are a parent and have to take care of kids. Great work from home options. Flex work schedule helps alot
Diverse company environment

Cons

Low starting salary according to other companies in the same sector which really discourage the people to stick to the same position.

Recommends
Positive Outlook
Approves of CEO

Other reviews for State Street

  1.  

    Great place to start for those with little or no experience

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

    Pros

    State Street is great place to start for those who have little or no experience. You will learn quite a bit from the type of work you do. You have opportunities to seek different a position or a promotion in other departments.

    Cons

    Pay is very low. You will be very busy.Turnover is high. The work that you may not be related to what you learn in school. The company moved from client-based to function-based. This yields repetitive daily work and less learning opportunities .You used to learn much more when you do much more for the client.

    Advice to ManagementAdvice

    I encourage management to create easier learning opportunities by allowing employees to work in other departments temporarily from time to time. Currently, the only way to work in another department is to apply for an opening position and goes through an interview process.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    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

    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
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