State Street Reviews

Updated July 1, 2015
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1,572 Employee Reviews

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  1. Good Starter Job

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

    I have been working at State Street

    No opinion of CEO
    No opinion of CEO

    Pros

    Good starter job but move up or leave

    Cons

    pay is terrible and work is repetitive


  2. Overworked Employee

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

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

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    ability to work from home, good benefits

    Cons

    long hours, continuous unnecessary changes in daily processing to make upper management feel better but doesn't add any value to work, employees are overworked and pay isn't worth it, high turnover

    Advice to Management

    pay employees more, stop with the overabundance of checks and balances


  3. Fund Accountant

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

    I worked at State Street full-time

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Is a good job for someone who is fresh out of college as it is a company with a good reputation and is a good resume builder.

    Cons

    There was not a whole lot of work to be done. I would be done with my work at 10:00 on days.


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  5. Helpful (1)

    Fund adminstrator

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

    I have been working at State Street

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    After a couple years, vacation was comfortable. Had the ability to work from home one day a week. They tend to hire a lot of recent college grads.

    Cons

    There is little to no opportunity for advancement, with an extremely high positional turnover rate.

    Advice to Management

    Too much of the work will fall on associate I and II's, while managers and senior managers simply coast by with signing off on work done by their subordinates.


  6. none

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

    I have been working at State Street (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Huge company have a lot international business

    Cons

    have to work overtime sometimes


  7. High Opportunity for advancement but sweat shop environment

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Most all managers won't micromanage you and you are given a lot of leniency as long as you perform. People are laid back.

    Cons

    The company often overloads employees with unmanageable workloads sacrificing service and accuracy, sometimes sanity. The pay is never great, especially when hired at entry level and lower level management. Depending on the department, job security isn't great due to outsourcing to India.


  8. fantastic

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at State Street

    Pros

    good work culture
    flexible with work hours
    good work like fit balance
    competitive rates for contractors
    overall good work experience

    Cons

    i was contractor so nothing much to add as con


  9. Analyst

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

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

    Pros

    flexible working enviroment; good work life balance

    Cons

    No career advance and need more oppertunity


  10. AVP

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

    I have been working at State Street full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Good work life balance at the firm

    Cons

    Not innovative, slow to market.


  11. Get In & Get Out

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

    I have been working at State Street

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

    Pros

    Industry Experience and Tuition Reimbursement

    Cons

    Unhelpful, disgruntled co-workers. Miserable work environment



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