State Street Global Markets

www.statestreetglobalmarkets.com

State Street Global Markets Reviews

Updated November 16, 2014
Updated November 16, 2014
46 Reviews
3.0
46 Reviews
Rating Trends

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Approve of CEO
State Street Global Markets Chairman, President & CEO Joseph (Jay) L. Hooley
Joseph (Jay) L. Hooley
5 Ratings

Employee Reviews

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  1.  

    Great personal and work life balance.

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

    I worked at State Street Global Markets (more than a year)

    Pros

    Great personal and work life balance. Offers good health insurance, dental, 401k match, leave policy and flex work schedule. Relatively low pressure work environment compared to WSS Investment Banks.

    Cons

    Limited opportunities for accelerated career growth. Long term employees are resistant to changes unless driven by regulatory requirements. Compensation varied widely from team to team.

  2.  

    Processing Analyst

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

    I worked at State Street Global Markets as an intern (more than a year)

    Pros

    Good money for an internship

    Cons

    Management was disorganized and contradictory to one another

    Advice to ManagementAdvice

    Consider being more cohesive with your management at the Hadley office

    Doesn't Recommend
    No opinion of CEO
  3.  

    Market data services

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

    I worked at State Street Global Markets full-time (more than 8 years)

    Pros

    Amazing company to get into the field

    Cons

    Management is horrible, they promote bad management style, and are excluded from doing work, LEAN initiative excluded management, why are there managers that do not manage, racist and sexist manager from female management also

    Advice to ManagementAdvice

    Upper management needs to move managers to different position outside of the group

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Middle manager makes her own rules

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

    I worked at State Street Global Markets full-time (more than 8 years)

    Pros

    Good benefits, many smart people, many resources for professional development

    Cons

    Layoffs every quarter, drastic changes on the IT side negatively affecting employees' moral, benefits, bonuses and work performed.

    Advice to ManagementAdvice

    Adhere to company rules and don't make your own. Do not play favorites. Encourage and motivate your employees by example. Be a role model and a leader. Above all, be ethical and treat people at all levels with respect.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Not exciting

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

    I have been working at State Street Global Markets

    Pros

    Laid back; good work life balance

    Cons

    No career growth; no help from managers

    Advice to ManagementAdvice

    Please give emphasis on education. Managers without any educational degree do not consider education imp enough to get raises or promotions. MBA CFA all these qualifications are of no use to such managers. You need to have 20 yrs of experience in the same line to be qualified for raises. Thank you

  7.  

    Bank Loan

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

    I have been working at State Street Global Markets full-time

    Pros

    Great people and great perks.

    Cons

    Very low salary and no negotiating salary.

  8.  

    SSGM Officer review

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street Global Markets full-time

    Pros

    the work life balance is great

    Cons

    the personal development could use some improvement

  9. 1 person found this helpful  

    Overall Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Trade Processor Associate in Hadley, MA
    Current Employee - Trade Processor Associate in Hadley, MA

    I have been working at State Street Global Markets as an intern (more than a year)

    Pros

    Company Reputation
    Work along with other interns
    Nothing else to say here
    No other pros
    ..

    Cons

    Awful senior management
    Company does not care about employees. I get the feeling the State Street feels as though anyone is replaceable if there is a cheaper option.
    Poor Pay
    Promotion to full-time role after graduation would be awful pay with little room to grow
    No incentives
    Treated like a robot.
    Poor performance is not scolded and good performance is not rewarded.

    Advice to ManagementAdvice

    Start actually caring about your employees and stop treating us like robots.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Officer

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

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

    Pros

    Laid Back. Good for married people

    Cons

    very laid back. not for young focused individuals

    Advice to ManagementAdvice

    mid aged people are sleeping at work; going for smoke 20 times a day, while a young professional highly qualified is working 15 hours a day to prove herself/himself but all go for a waste because his/her experience doesnt match to the ones who are sleeping at work or smoking all day.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  11.  

    Classic Corporate

    • 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 Markets as an intern (less than a year)

    Pros

    Professional, corporate environment. My team was full of very personable approachable people from manager to sr manager.

    Cons

    Culture of risk-adverse, non-innovation. Drains energy/desire to strive for initiative.

    Advice to ManagementAdvice

    I really appreciated the horizontal relationship among the team from sr manager all the way down to intern even though it was within a corporate context.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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