State Street - Don't stay long | Glassdoor
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There are newer employer reviews for State Street

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"Don't stay long"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Associate in Boston, MA
Current Employee - Associate in Boston, MA
Doesn't Recommend
No opinion of CEO

Pros

safe job in laid back environment with possibility of work-life balance

Cons

Boring custodial work, low pay, culture values face time over innovation

Advice to Management

Many thick layers of middle management - too many VPs, AVPs, etc. Bureaucracy keeps things at a snails pace

Other Employee Reviews for State Street

  1. Helpful (1)

    "State Street is an ok place."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accountant in Kansas City, MO
    Current Employee - Fund Accountant in Kansas City, MO
    No opinion of CEO

    Pros

    its a great entry level job and a good start to a career in finance.

    Cons

    you stay in an entry level position for quite awhile, and the better you are at your job the more they want you to stay where you are, not moving or getting promoted.

    Advice to Management

    Remember that the Fund Accountants are the one who keep this place running everyday.


  2. "A good place to work before the financial crisis"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in Boston, MA
    Current Employee - Assistant Vice President in Boston, MA
    Recommends
    No opinion of CEO

    Pros

    Benefits are fairly good - 4 weeks of vacation for officers, 6% match for 401(k), health, dental, etc. The company is trying to institutionalize flexible work arrangements. At the moment, it seems to vary from manager to manager. There are people who have worked here for many years, which says something about employee satisfaction.

    Cons

    It seems to be more difficult for people who need more work/life balance to advance. The mood is fairly bleak these days due to layoffs, a decrease in bonuses and a salary freeze. Employees are doing more work for less compensation.

    Advice to Management

    While there is a formal mentoring program, would be nice to see more mentoring from management on an informal level. While senior management tries to communicate, it seems to vary by manager on th department level.

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

See Most Recent

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