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

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OK place to start, terrible place to stay

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

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

Doesn't Recommend
Neutral Outlook
Disapproves of CEO
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

Pros

Easy to get a job with no experience, work from home is available if you have a good manager who allows it

Cons

Huge focus on centralizing processes leaves you with a lot of experience in one area and almost no experience with anything else. It can be difficult to move on to another company if you stay there too long. A lot of promotions are based on who is next in line rather than who would actually be good for the position. Very poor compensation, my last bonus was 1% of my already low salary and actually getting tuition benefits approved is very difficult.

Advice to Management

Stop focusing on making your workforce as cheap as possible. A well paid employee is not just a cost to be minimized, but should be considered an asset that can bring in revenue.

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  1. immature co-workers and horrible pay

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    At the time I was there, they had amazing health benefits, vacation and working from home or flex schedule

    Cons

    Horrible pay - can barely afford to pay your bills on what they pay
    Can't keep good employees due to horrible pay and drama in the work force
    Many of the co-workers were more concerned with "high school drama" then getting their work done.

    Advice to Management

    You have some great leaders, but others that really don't know how to manage their employees and look at the picture.

  2. Helpful (1)

    Not for the faint of heart

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Manager in Boston, MA
    Former Employee - Human Resources Manager in Boston, MA

    I worked at State Street full-time (More than a year)

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

    Pros

    Branding, Inclusion, Benefits, Networking groups

    Cons

    Questionable practices surrounding Human Resources.

    Advice to Management

    Attitude reflects leadership. Get your HR house in order.

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

See Most Recent

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