State Street

www.statestreet.com
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There are newer employer reviews for State Street

 

Big Company Normal

  • 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 full-time

Pros

Company has been around for many years so as an entity very stable. With thousands of employees and a worldwide presence there are opportunities in a variety of areas. Corporate takes a lot of care to share vision with all levels of the firm and to expose different divisions to eachother.

Cons

Large companies tend to move rather slowly. Great deal of corporate policy and procedure.

Recommends
Neutral Outlook
No opinion of CEO

1488 Other Employee Reviews for State Street (View Most Recent)

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  1.  

    State Street is a performance based company that promotes the hardest workers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - First Line Manager
    Former Employee - First Line Manager

    I worked at State Street full-time (more than 8 years)

    Pros

    The best part of working for State Street is the managers are almost always people who not only excel at their job but are excellent with people skills. They try to get the most out of all of the talent that they have, by being accommodating to their employees.

    Cons

    The biggest con for State Street is that they do not have competitive salaries. The rest of the industry pays not just better, but generally much better than State Street.

    Advice to ManagementAdvice

    Advice for upper management would be to work with HR to create more defined carreer paths for employees that demonstrate excellence in their job. Also to increase the pay in general, they lose a lot of good employees to competiors for simple financial reasons.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 2 people found this helpful  

    Good things don't last forever....

    Former Employee - Assistant Vice President in Boston, MA
    Former Employee - Assistant Vice President in Boston, MA

    I worked at State Street full-time (more than 8 years)

    Pros

    Scale and reputation of the firm.

    Cons

    Company follows the peer bandwagon (i.e. other companies are outsourcing, why can't I).
    Outsourcing/layoffs is first priority to save money, even when service quality suffers.
    Everything is done to please shareholders (not employees or customers).
    Creative PR and lipservice jeopardize integrity of the firm.
    Pay rate / salaries are lower than peers and other similar firms.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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