There are newer employer reviews for State Street
There are newer employer reviews for State Street

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Mixed!

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

I have been working at State Street

Doesn't Recommend
No opinion of CEO
Doesn't Recommend
No opinion of CEO

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 Management

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

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  1. Everyone out for themselves for the most part

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

    I have been working at State Street

    No opinion of CEO
    No opinion of CEO

    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 Management

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


  2. Helpful (1)

    Challenging, but rewarding.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Dublin, Dublin (Ireland)
    Current Employee - Anonymous Employee in Dublin, Dublin (Ireland)

    I have been working at State Street

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Good knowledge sharing, diverse subject matter.

    Cons

    Sometimes management decisions are based on a herd mentality, as oposed to individually.


There are newer employer reviews for State Street
There are newer employer reviews for State Street

See Most Recent

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