State Street - Okay place coming out of College | Glassdoor
There are newer employer reviews for State Street
There are newer employer reviews for State Street

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Helpful (2)

"Okay place coming out of College"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Procurement Officer in Boston, MA
Current Employee - Procurement Officer in Boston, MA
Recommends
Neutral Outlook
No opinion of CEO

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

Pros

Ability to gain some experience, understand office culture, networking, company has deep pockets so if you land in the right department (anything corporate - not fund or service operations) there is chance for nice perks.

Cons

Sometimes the company is too big for its own good. If you want to do anything or change process, it takes forever and environment is highly bureaucratic. The industry is highly regulated, so preforming change management is sometimes implausible. Many people that work here are "sticks in the mud" no matter what department you work for, they are all over the place. People tend to ‘pass the buck’ here, blame others for problems or would rather claim ‘it’s not my problem’ than actually sitting down and solving anything. This place needs a serious culture change.

Advice to Management

Treat your employees better thru higher pay - especially in the financial sercices operations areas - we are not slaves

Other Employee Reviews for State Street

  1. "breeds complacency and lack of leadership"

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

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

    Pros

    hire graduates right out of school

    Cons

    no leadership, no exposure or increased responsibility, monotonous work, difficult to communicate career goals, low pay, management too concerned about time cards and vacation days than promoting the right individuals and creating a challenging, motivating environment


  2. "Many great initiatives; no follow through"

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

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

    Pros

    fast paced, staff level rotational opportunities

    Cons

    staff level rotational opportunities are disruptive to front-line managers and do not allow staff to obtain a "full picture" of the department before the staff member moves on to the next opportunity

    Advice to Management

    employee feedback is great however too many programs and not enought follow through. The day is full and most are not able to take the time for skill and career training since they are short staffed and over worked.


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

See Most Recent

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