State Street - A good place to start career in corporate setting. | Glassdoor
There are newer employer reviews for State Street
There are newer employer reviews for State Street

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Helpful (1)

"A good place to start career in corporate setting."

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Shared Services Manager in Boston, MA
Current Employee - Shared Services Manager in Boston, MA
No opinion of CEO

Pros

Flexible with work/life
Young workforce
Easy to be promoted within

Cons

Low salaries
They hire a lot of incompetent people
Bad reputation in Boston because of fund accounting

Advice to Management

By offering higher salaries, you'll be able to recruit smarter people and have a stronger reputation within financial services.

Other Employee Reviews for State Street

  1. Helpful (1)

    "learning resources limited"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accountant in Quincy, MA
    Current Employee - Fund Accountant in Quincy, MA
    Doesn't Recommend
    No opinion of CEO

    Pros

    friendly environment, relaxed atmosphere, nice offices

    Cons

    poor pay, meaningless work, do not feel valued

    Advice to Management

    take time to teach FA's the bigger picture


  2. Helpful (1)

    "Underpaid and Under appreciated."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accountant, Associate I in Kansas City, MO
    Current Employee - Fund Accountant, Associate I in Kansas City, MO
    Doesn't Recommend
    No opinion of CEO

    Pros

    The work environment is low stress. They provide good benefit options. The work hours are relatively flexible and managers work with you to schedule paid time off.

    Cons

    The compensation is far from competitive. An abundance of middle management crowds out promotion opportunities. Entry level jobs are being "dumbed" down and outsourced to India, so that State Street is able to hire people without degrees to do some of the work, and pay them even less.

    Advice to Management

    I think Management should re-evaluate the compensation structure to prevent such high turnover and to retain talent within the organization.

There are newer employer reviews for State Street
There are newer employer reviews for State Street

See Most Recent

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