There are newer employer reviews for State Street

6 people found this helpful  

Zero regard for employees or their future.

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

I have been working at State Street full-time

Pros

Financial services experience.
The ‘big’ name of State Street – (which meant more before everything became centralized or work was being constantly outsourced).
Commute is good if you live in the city.

Cons

Disturbingly low pay; know your worth before you accept a job here.
High turnover, unexpected and surprise lay-offs, not all but most managers I’ve met either don’t manage or horde knowledge. You have to dig deep, long and far to learn something new and relevant since all the work is divided into Centers of Excellence. Horrible employee rating system which is totally sewed. Overqualified people working monotonous jobs.

Advice to ManagementAdvice

Care about the people who work for you, fight for them, teach them, challenge them. Get to know their needs, wants, desires, career goals, how they work. START BEING A MANAGER!

Doesn't Recommend
Negative Outlook
No opinion of CEO

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

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  1. 4 people found this helpful  

    State Street Slog

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

    I worked at State Street full-time for more than 3 years

    Pros

    Steady, non-demanding work, good health insurance,

    Cons

    Awful pay, boring work, doesn't seem like senior management cares about you at all

    Advice to ManagementAdvice

    People don't like about State Street because State Street just churns and burns people right out of school. Management doesn't care about thir USIS employees and doesn't pay them. That is why most people leave first chance they get.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 2 people found this helpful  

    Good if you're young - Career killer if you know anything about the business

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

    I worked at State Street full-time for more than 3 years

    Pros

    Paycheck
    Benefits
    Those are the only pros. I am writing this sentence to fulfill the word minimum.

    Cons

    Ridiculous workdays (9-9 in accounting very common)
    Ghosts (people running around, to avoid human contact)
    Meetings, meetings and more meetings
    You will lose all knowledge of accounting and finance
    Layoffs and outsourcing

    Advice to ManagementAdvice

    None, you seems to have a good thing

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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