State Street Reviews in Boston, MA Area

Pros

The Benefits are very good. You are given a fair amount of autonomy. They tend to spend on technology, so you always will work with some of the best tools.

Cons

The management seems to be somewhat confused about the direction that they should be going. There is no clear mission. The Upper Management are remote, if not uncaring.

Advice to Senior Management

Get out and see the employees. They are a lot smarter than you would imagine. Define a measurable mission and goals; then make it known to the workers. communicate with your workers, even involve them in the mission and goals. Increasing stockholder equity is not enough, your workers have little effect on that.

Pros

Solid benefits and as well as decent experience to be gained.

Cons

You are a number, but don't take it personally.

Advice to Senior Management

There's only so much cutting you can do to make your revenue numbers before service really starts to suffer.

Pros

The organization is focused on developing their talent and providing opportunities for growth. The organization is built on a foundation of strong values.

Cons

Working in the financial services business has been difficult for the last few years. Once the economy stabilizes the organization will continue to grow.

Advice to Senior Management

The leadership team should continue to focus on the core strengths that have lead State Street to be an industry leader.

Pros

learning tools, classes are offered for free good classes you need

Cons

low pay, jumping hoopes for promotion

Advice to Senior Management

hard to get to management

Pros

Good management
Fun people to work with
Provides good opportunities and decent growth potential
Very good benefits
Learn a lot of the industry

Cons

Some times have to work long hours
Although OT eligible, management does not pay it as they think all work should be able to get done as soon as possible

Pros

Reputable well known Global Company

Cons

More advancement opportunities and training support for Senior Executive Admins.
Known for low balling on salaries with comparable positions.
Could support more work/life balance and flex schedule iniatives.

Advice to Senior Management

Keep work (not all) in the United States as opposed to outsourcing many jobs.
Make employee stock easier to purchase
Jay Hooley is doing a fair job but I still think Ron Logue was a better speaker and more charasmatic.

Pros

Stable life/ work balance in Boston

Cons

During the financial crisis employer very conservative on compensation

Advice to Senior Management

Reward to employee better to keep talented people.

Pros

Not as such but must be more employer friendly, Not as such but must be more employer friendly, should be ok.

Cons

as such but must be more employer friendly, Not as such but must be more employer friendly, should be ok.

Advice to Senior Management

Not but must be more employer friendly, Not as such but must be more employer friendly, should be ok.

Pros

Team provides flexibility with work arrangements

Cons

- Advancement opportunites are limited
- Company is too big to operate efficiently
- HR and Recruiting underperform

Advice to Senior Management

Figure out a better way to understand what is goin on within your team(s)

Pros

It is better than not working!

Cons

COMPENSATION
Don't take a job there unless it is a last resort!

Advice to Senior Management

Need to pay for quality employees instead of lining their pockets! Tough for entry level people to make a living on $30,000