State Street - Low risk, low reward | Glassdoor
There are newer employer reviews for State Street
There are newer employer reviews for State Street

See Most Recent

"Low risk, low reward"

Star Star Star Star Star
Current Employee - Client Operation Associate in Boston, MA
Current Employee - Client Operation Associate in Boston, MA

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

Pros

advancement opportunities are good for everyone if you're talented

Cons

salary, organizational skills are sometimes lacking, short staffing common, lots of mindless processing that creates easily replaceable employees

Other Employee Reviews for State Street

  1. 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


  2. "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


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

See Most Recent

Work at State Street? Share Your Experiences

State Street
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or