There are newer employer reviews for State Street

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

1285 Other Employee Reviews for State Street (View Most Recent)

Sort: Rating Date
  1.  

    Review

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

    I have been working at State Street full-time for more than 3 years

    Pros

    Good benefits. Not very stressful.

    Cons

    Very political culture. Limited growth potential. Not enough promotion from within.

    Advice to ManagementAdvice

    Find ways to increase employee engagement

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Ok as a first job out of college

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

    I have been working at State Street full-time

    Pros

    -Get to develop on your core skill here (excel, communication, problem solving)
    -Get an introduction to the corporate and finance world
    -Expand your knowledge of finance. Get to learn the back office activities of finance

    Cons

    -Bad management (associates know more than the managers above them). Managers think they are god's gift to the world.
    -Only company that I know of that doesn't promote the person that know more in the department.
    -Can get stuck working for the same department
    -department have no idea what other departments do, even though they work together on a daily bases.
    -Compensation/Salary stinks

    Advice to ManagementAdvice

    -Interact with all levels of people within the company. Just because you are a high level manager doesn't give you the right to look down on people.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for State Street

Worked for State Street? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.