State Street Global Advisors

  www.ssga.com
  www.ssga.com

State Street Global Advisors Reviews in Boston, MA

Updated October 10, 2014
Updated October 10, 2014
122 Reviews
3.0
122 Reviews
Rating Trends

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State Street Global Advisors President and CEO Scott F. Powers
Scott F. Powers
46 Ratings

Review Highlights

Pros
  • Management is generally caring and flexible, offers a great work-life balance (in 13 reviews)

  • Friendly atmosphere and culture is good (in 4 reviews)


Cons
  • There is not a lot of growth opportunity, the starting pay is very low for the industry, most learning is done on your own (in 4 reviews)

  • Job security also was apparently very important in this group (in 3 reviews)

More Highlights

51 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Good company with good work like balance

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

    I have been working at State Street Global Advisors full-time (more than an year)

    Pros

    Wide range of products and strong sales force. It is also a very collaborative company with coworkers who work well together.

    Cons

    IT support is not good and there has been very little improvement. It can tend to be a slow to action company.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    great place

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

    I have been working at State Street Global Advisors full-time (more than an year)

    Pros

    lots of smart people, a good place to learn multiple lines of business, group culture is dependent on group

    Cons

    very little upward mobility. very difficult to get onto the investment side. salary is not as competitive as other firms.

    Advice to ManagementAdvice

    spend more time on employees career building

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  3.  

    Decent people and working environment, but firm continues to lack innovation/leadership to diversify product line-up.

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

    I have been working at State Street Global Advisors full-time (more than 5 years)

    Pros

    Good balance between work and family life.

    Cons

    Lack of urgency to address outflows in certain business lines. Inconsistent hiring practices with comp structure deterring talent.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
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  5.  

    Not all is as it seems

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

    I worked at State Street Global Advisors full-time (more than 10 years)

    Pros

    Industry leader. Technology leader. Great city to work in.

    Cons

    Large company where people are treated like numbers and considered disposable. Difficult to get promoted.

    Advice to ManagementAdvice

    Treat employees with dignity and care and you will get more out of them and they will stay around longer.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  6.  

    Positive Learning

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

    I worked at State Street Global Advisors as an intern (less than an year)

    Pros

    work-life balance, abundance of knowledge employees, upward mobility, lots of opportunities to learn and self-develop

    Cons

    rigid hierarchy, lower pay compared to other banks

    Advice to ManagementAdvice

    More team get-togethers

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Performance Reporting Group

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

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

    Pros

    Great location in downtown Boston
    Co-workers were friendly
    Technology was always being upgraded

    Cons

    Lots of turnover so you were always training a new employee and responsibilities would always be shifting.
    Too many useless conference calls that are not very productive.
    Every year, the VP would be replaced by a new VP who would have a new vision for the department.

    Advice to ManagementAdvice

    Upper Management needs to reward employees based on merit and not on who can network better.
    Stop making changes just for the sake of putting your name on the project so you can take credit for it.
    Sometimes it's better to leave the process as-is.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    I learned a lot but felt upper management did not like when you tried posting out to try to improve yourself

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Manager Senior Client Associate in Quincy, MA
    Former Employee - Account Manager Senior Client Associate in Quincy, MA

    I worked at State Street Global Advisors full-time (more than 10 years)

    Pros

    Some managers were good about being flexible others had a cold heart..My co-workers were great!

    Cons

    Trying to get a promotion!

    Advice to ManagementAdvice

    After a person has been in your department for over 1 year if they are trying to improve themselves don't hold them back from that!

    Recommends
    Neutral Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    Slave Street not State Street

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Development Associate in Boston, MA
    Former Employee - Business Development Associate in Boston, MA

    I worked at State Street Global Advisors full-time (less than an year)

    Pros

    Working in a large company teaches you about how to deal with interoffice politics. That was the only benefit I saw...

    Cons

    Low pay for the amount of work, poor work life balance, no team mentality. It was everything I was warned it would be.

    Advice to ManagementAdvice

    Stop the major restructuring. If you're going to revise the company, do it once so you don't keep shocking your clients with rounds of layoffs.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Team Leader. Decent company and work environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - QA Team Leader in Boston, MA
    Former Employee - QA Team Leader in Boston, MA

    I worked at State Street Global Advisors full-time (more than 5 years)

    Pros

    The work was good. The managers let you do your job as long as it was getting done right. Decent benefits.

    Cons

    They were cheap in the technology. We had to use a lot of free software to do our jobs, even though this was against the rules.

    Advice to ManagementAdvice

    Get us the tools we need to do our jobs.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Good company but entangled in beaurocrity

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

    I worked at State Street Global Advisors full-time (more than 10 years)

    Pros

    Large. Inland with lots of resources and strong work life benefits

    Cons

    Very hierarchical and limited upward mobility options

    Advice to ManagementAdvice

    This company talks a big game on being transparent and focusing on clients first and highly values it's employees. But you have to actually do what you say. I find that all the management communication reads like corporate spin written by the compliance team and that your deferred stock program is so constrained that few prospective professionals will be willing to earn 90-100% of their bonus in four year vesting stock

    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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