1304 Employee Reviews (View Most Recent)

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Mixed!

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Project Manager  in  London, England (UK)
Current Employee - Project Manager in London, England (UK)

I have been working at State Street

Pros

- Work life balance.
- Strong cost leadership.
- Acquisitive organisation - opportunities often exist to support integration of target organisations.
- Opportunities for international travel and relocation exist

Cons

- Cost leadership at the expense of effective client support.
- Aggressive outsourcing of operational functions was completed too quickly, without effective knowledge transfer to JV.
- Limited specialist knowledge remains within local office.

Advice to ManagementAdvice

Cost leadership is all well and good, but don't let cost leadership determine the level of service which you are providing to clients.

Doesn't Recommend
No opinion of CEO

Other Reviews for State Street

  1.  

    Everyone out for themselves for the most part

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Sales & Marketing  in  London, England (UK)
    Current Employee - Sales & Marketing in London, England (UK)

    I have been working at State Street

    Pros

    Good name in the marketplace
    Generally good products
    Strong emphasis on client satisfaction
    Long term senior managers know product well
    Very revenue focused, will get things done to get prospects onboard

    Cons

    Pay is below market
    Senior managers paid very well, but can be distant and frequently disinterested in careers of employees, but this varies greatly
    Very little guidance at all levels
    Incentive pay is poor
    Does not invest enough in technology
    Does not invest before the market, is not sufficiently flexible responding to marketplace
    Turnover does not bother management
    Most managers are not good at encouragement

    Advice to ManagementAdvice

    Introduce 360 reviews
    Make targets attainable
    Become more flexible in thinking ahead to meet market requirements
    Become less risk adverse as an institution

    No opinion of CEO
  2.  

    Great!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate
    Current Employee - Associate

    I have been working at State Street

    Pros

    learn a ton
    career growth good
    hours are great
    work life balance is fantastic
    team work environment is great to work in

    Cons

    hard place ot work if you dont have any background in the feild.
    Promotion time line is a bit ridiculous
    pushing paperwork
    very repetitive but helps you learn

    Advice to ManagementAdvice

    It shouldnt matter how long someone had been with the company, promotions should be made on merit not that someone was waiting for 2 years to get promoted. Take a look at your employees, see who is actually doing a good job v those who are just punching things into a computer

    Recommends
    No opinion of CEO
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