State Street Global Advisors

  www.ssga.com
  www.ssga.com
Work in HR? Unlock Free Profile

State Street Global Advisors Reviews in Boston, MA

Updated September 2, 2014
Updated September 2, 2014
117 Reviews
3.0
117 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
State Street Global Advisors President and CEO Scott F. Powers
Scott F. Powers
45 Ratings

Review Highlights

Pros
  • Good work life balance, More projects coming in (in 11 reviews)

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


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

  • Transparency in sharing information across the organization (in 2 reviews)

More Highlights

49 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    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 for 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
  2.  

    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 for 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
  3.  

    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 for 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
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    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 for less than a 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
  6.  

    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 for 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
  7.  

    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 for less than a 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
  8.  

    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 for 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
  9.  

    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 for 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
  10.  

    SSgA

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President of Global Trade Support  in  Boston, MA
    Current Employee - Vice President of Global Trade Support in Boston, MA

    I have been working at State Street Global Advisors full-time for more than 8 years

    Pros

    Diverse working environment that requires you to multi task various projects. Working on there Trading Floor has been a very informative experience.

    Cons

    Managers that are not skilled at dealing with employees. Salary is lower then other companies that have the same jobs.

    Advice to ManagementAdvice

    To have a mandatory managers classes for new managers. Start taking care of the employees with simple perks so moral can stay high.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11.  

    HUGE WASTE OF SHAREHOLDER MONIES

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

    I have been working at State Street Global Advisors full-time for more than 3 years

    Pros

    The company has all the systems and tools to complete daily work as agreed upon with clients.

    Cons

    This company wastes in excess of 100k per head, per annum in teams labeled as operations and technology transformation. There is no necessary reason to implement such teams, let alone have an office dedicated to managing many peers across the organization to drive daily change.

    I believe the shareholders should request a meeting with the board of directors and hold them accountable, or make them explain why they pay such outlandish salaries to people - some who may be smart, and most who are just riding the wave - to constantly change systems and processes that work.

    Advice to ManagementAdvice

    Divide and conquer at your own levels, if you dare...

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

Worked for State Street Global Advisors? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.