There are newer employer reviews for State Street

5 people found this helpful  

One of the worst companies out there...

Former Employee - Fund Accountant, Financial Reporting in Boston, MA
Former Employee - Fund Accountant, Financial Reporting in Boston, MA

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

Pros

Good place to learn as an entry level associate if you want to... and its also a business casual culture.

Cons

no work/life balance, bad bonuses, terrible salary, long hours at work, factory type of work, bad management and the list goes on

Advice to ManagementAdvice

pay well, maintain a good work/life balance for your employees, too much work!!! and omg the bonuses been paid to your staffs that does the REAL work is horrendous (shame on you guys)

Doesn't Recommend

1318 Other Employee Reviews for State Street (View Most Recent)

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  1.  

    I loved every minute working at State Street.

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

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

    Pros

    There are lots of opportunities for lateral as well as promotional advancement. The office environment is clean and they have opened brand new offices in Boston in recent years.

    Cons

    At times it felt like a boys club, but feel that it has gotten better. Depending on the individual, at time the atmosphere was very collegiate, and did not always feel professional.

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

    Worst company to grow within, less paid ever

    • 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 (more than 3 years)

    Pros

    Good benefits and thats about it

    Cons

    To many things to mention that are categorized as cons. Salary is so low, intern start at 15$ which is very good but once you are full time you start with the same amount which is disappointing. T move up is very hard. There is not rules that will make you move up. Its to much politics a lot of politics, horrible environment. There are ppl who have been for 2 year and become manager and there are ppl who have been for 5 years and they still associate level, the reason is the politics. There is nor rules or tests to be given in order to promote the most qualified ones, its so disappointing,

    Advice to ManagementAdvice

    Start paying more and stop running the company with interns, you think by hiring interns is cost effective cuz u saving on benefits but it will hurt the regular employee and they will move out so try to care more for your own emplyees.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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