State Street - Great Benefits, no upward mobility | Glassdoor
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There are newer employer reviews for State Street

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"Great Benefits, no upward mobility"

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  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Client Service Representative in Boston, MA
Former Employee - Client Service Representative in Boston, MA

I worked at State Street full-time (More than a year)

Pros

Great Beneftis and Flex Schedule

Cons

Churn and Burn, Below Market Pay, no upward mobility.

Advice to Management

value their employees more, pay more to retain more talent.

Other Employee Reviews for State Street

  1. Helpful (2)

    "Good place to build a career once you get past the lower levels."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Boston, MA
    Former Employee - Vice President in Boston, MA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at State Street full-time (More than 8 years)

    Pros

    True meritocracy. If you add value to the company you will be rewarded and advance. Most Vice Presidents and above are good, but obviously not all. If you are good with people and managing internal relationships you can be very successful.

    Cons

    Difficult to advance from the very lower levels. Fairly stressful work especially as cost cutting hits the industry. Fair amount of politics as with any large organization.


  2. "Unchallenged by Mutual Fund Account position"

    StarStarStarStarStar
    Former Employee - Mutual Fund Accountant in Boston, MA
    Former Employee - Mutual Fund Accountant in Boston, MA

    I worked at State Street full-time (More than a year)

    Pros

    It was an entry level job so co-workers are all around the same age and they are all just out of college.

    Cons

    Everything was done the same as it had been for a long time instead of upgrading with technology. The job involved the same exact steps every single day. Ideas for improvement were not heard by higher management.

    Advice to Management

    Embrace technology and make daily activities more efficient.

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

See Most Recent

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