State Street - Good place to gain experience or retire! | Glassdoor
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There are newer employer reviews for State Street

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"Good place to gain experience or retire!"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Business Analyst in Irvine, CA
Former Employee - Business Analyst in Irvine, CA
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

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

Pros

Good entry level place to get experience. Good place to retire if you have no ambition and don't care about career growth.

Cons

Salary increases are pathetic. No opportunities for growth. Management is always looking to give you a rating of 3 or less so they can avoid paying you a decent compensation increase. If you are liked by your manager, you get flexible work at home. If you not liked by management, you have to come to work.
Like to outsource to India, then hire the FTE's back as temp assignments at lower pay and no benefits when outsourcing fails! Pathetic...

Advice to Management

How's outsourcing to India going? Guess you got your fat bonuses eh? Can't believe PIMCO is paying for this pathetic mess.

Other Employee Reviews for State Street

  1. "An outstanding company to work with.. Great for building a career"

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

    I have been working at State Street full-time (More than 10 years)

    Pros

    Good for people who are interested in long term career, good benefits and compensation, continuous education opportunities, management is good

    Cons

    A highly diverse and wide workplace also means that you have the right soft skills to succeed in the work place

    Advice to Management

    Managment can channelize the energies of people with different skill sets and optimize it .


  2. Helpful (1)

    "No real world accounting; all data entry"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accountant Associate II in Kansas City, MO
    Current Employee - Fund Accountant Associate II in Kansas City, MO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Benefits
    No brain power needed
    Friendly co-workers

    Cons

    No actual accounting
    No brain power needed
    No one takes accountability of what should be done

    Advice to Management

    Share knowledge and get the people below you involved in decision making. If you want to grow in the future find ways to keep the current employees you have. Too much turn-over and management has favorites based on how much time they spend with someone. You need to look at the people who actually will put the work in no matter what.

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

See Most Recent

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