State Street

www.statestreet.com
Employer Engaged

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good place to start

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

    I have been working at State Street

    Pros

    Flexibility, Team environment, ability to learn, company support, opportunity - there are many training initiatives and that is very encouraging in how the company urges continuous improvement.

    Cons

    I can not really think of any actual cons to working here. there is a nice balance to everything although sometimes the urge to step away and have more free time during the day.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good place to start a career.

    • 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

    Pros

    Exposure to many business lines

    Cons

    Low salary for the workload

    Advice to ManagementAdvice

    Invest in your talent by increasing raises and starting salary.

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

    Great place to start

    • 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 full-time (more than 5 years)

    Pros

    great place to gain experience with little to no experience in finance

    Cons

    The compensation is embarrassing

    Recommends
    Neutral Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Junior Fund Accountant

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

    I worked at State Street

    Pros

    The salary was good considering we are college students.

    Cons

    The work was monotonous and you spend a lot of time sitting there with nothing to do. It is very frustrating when as a college student there is so much school work you need to do and you are just sitting there not doing anything at work. Not for anyone who is really proactive it takes the right kind of person.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Great company!

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

    I worked at State Street

    Pros

    State street has its perks and an online platform where you can shop for discounts. Multiple clubs are offered for full time and interns. I really liked how they integrated the interns into the working culture and environment. We were invited to do outreach programs to give back to our local Boston community which was a great way to get to know my colleagues and do good for the local community.

    Cons

    The working culture is very hierarchial but that is to be expected from a financial service company. No particular cons except for the fact that the company is extremely large (can be good or bad).

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Unbalanced

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant Associate II in Kansas City, MO
    Current Employee - Fund Accountant Associate II in Kansas City, MO

    I have been working at State Street full-time (more than 3 years)

    Pros

    Good Vacation policy (gave a lot of vacation time to compensate for low wages

    Cons

    Horrible training
    Low compensation
    Long hours where overtime is "not allowed"

    Advice to ManagementAdvice

    Provide actual training to your employees
    Compensate the hard workers and slackers proportionally

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Not the Worst, but Not the Best

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

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

    Pros

    Nice people, decent benefits, flexible work options (ex work from home)

    Cons

    Low pay, almost impossible to advance without moving to a different position, constant turnover and shuffling of employees and management (I have had more than 10 managers in 6 years), almost no employee recognition, stealthy layoffs that seem to happen very frequently, very poor communication from senior management to lower level employees

    Advice to ManagementAdvice

    Please consider being more open and communicative with employees; implement more employee recognition events- when I started there were things like holiday parties, ice cream socials, and free coffee, but none of those happen anymore; pay people better and maybe there will be less turnover.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    State Street

    • 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 full-time (more than 8 years)

    Pros

    Good People to work with who try to do the right thing

    Cons

    Constant turnover/layoff of people and outsourcing of work

    Advice to ManagementAdvice

    Communicate to your employees - they are valuable assets

    Doesn't Recommend
    Negative Outlook
  10. 2 people found this helpful  

    A great internship experience for a college student.

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

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

    Pros

    Engaging environment that promoted learning and growth. Interns were given the same responsibility that other associates and analysts were given.

    Cons

    The work often became routine, so much so that it could get boring. Always good to keep asking for new work or trying different business groups.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 2 people found this helpful  

    Low pay for comparable job

    • 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

    Pros

    Benefits, potential flexibility, ability to gain knowledge,

    Cons

    Salary based on years / performance

    Recommends
    Positive Outlook
    No opinion of CEO

Work at State Street? Share Your Experiences

State Street

 
Click to Rate
or

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