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

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Helpful (4)

Acquired from Investors Bank and lasted 7 years before lay off

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Systems Consultant, Vice President in Boston, MA
Former Employee - Systems Consultant, Vice President in Boston, MA

I worked at State Street full-time (More than 5 years)

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

Pros

Strong company. Many good people to work with. Growth potential in some business lines. A change agent personality will be a rock star here.

Cons

Staff reductions a constant thing since 2008. Challenges with the transition to more outsource partners.

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  1. Just completed 10 years of service and have had many opportunities for career advancement.

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

    I have been working at State Street full-time (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Internal mobility and the opportunity to change jobs and/or advance
    Flexible work arrangaements
    More recently - pro has been the amount of change and willingness to look at things differently

    Cons

    Size of the organization makes it sometimes challenging to navigate what the career opportunities are

    Advice to Management

    Lots of change happening at State Street but also good progress with communicating and sharing infromation with the employee population. Although change can be confusing, it feels like an exciting time and my hope is that senior management stay focused on thinking creativley about their vision for the future state of the company.

  2. Good entry level job

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

    I worked at State Street full-time (More than 5 years)

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

    Pros

    Good place to start out of college. You will gain the corporate experience and work young colleagues. There is opportunity for growth depending on your group. Good place for stable work

    Cons

    Poor work and life balance. Salary is low unless you keep climbing the ladder. In most case, you need to go internal interview for promotion. Very busy due to high turn over rate.

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

See Most Recent

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