State Street

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

 

Team Oriented security evaluation group that was committed to 100% client satisfaction.

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

I worked at State Street full-time (more than an year)

Pros

I liked how involved State Street was with the community and the city of Boston.

Cons

Lower starting salary caused a lot of turnover losing out on valuable personal.

Recommends
Positive Outlook
Approves of CEO

1390 Other Employee Reviews for State Street (View Most Recent)

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  1. 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
  2.  

    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
There are newer employer reviews for State Street

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