1303 Employee Reviews (View Most Recent)

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Good overall experience

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

I worked at State Street full-time for less than a year

Pros

-Great place to start your career and learn
-Good work/life balance
-Good chances for networking
-

Cons

-Lower pay than competitors
-Often tough to move up in the company, and many employees leave for other opportunities

Advice to ManagementAdvice

Compensate employees better if they have proven themselves

Recommends
Positive Outlook
Approves of CEO

Other Reviews for State Street

  1.  

    State Street OK Company

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

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

    Pros

    Great training, learning environment with a flexible schedule if possible. Some areas offer a schedule where you can work 9 days and have another day off as long as you work the required hours. Many employees can work from home a few days a week if their responsibilities allow them to.

    Cons

    Not many opportunities to advance in some areas. Unfair job reviews that don't really properly evaluate your job performance. Over the 10 years that I worked for State Street I received a couple of reviews that I was very surprised about. Since I have an advanced degree I am more than qualified to perform the few jobs that I held in my years with State Street.

    Advice to ManagementAdvice

    Some persons are promoted that aren't qualified to hold these positions. This causes resentment among the entire team. Recently I have seen yearly layoffs that really didn't make sense since many teams are already overworked. They don't really target a specific type of employee but the older, higher paid employee is usually laid off at a higher rate.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    informative and professionally enriching work experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Risk Manager  in  New York, NY
    Former Employee - Risk Manager in New York, NY

    I worked at State Street full-time for more than 5 years

    Pros

    State Street maintains a decentralized management structure

    Cons

    paucity of resources (human capital)

    Advice to ManagementAdvice

    address need for addn'l human capital to balance work loads

    Recommends
    Neutral Outlook
    No opinion of CEO
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