State Street - Fine place to start | Glassdoor
There are newer employer reviews for State Street
There are newer employer reviews for State Street

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"Fine place to start"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Fund Accountant in Kraków (Poland)
Former Employee - Fund Accountant in Kraków (Poland)
Recommends
Positive Outlook
No opinion of CEO

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

Pros

It's a good place to start your career, easy to get into straight after studies. If you want, you can learn quite a bit of practical basics of finance. If you don't want, you can click F11 all day and still get paid. Company offers quite ok internal trainings, some opportunities of advancement and stability.

Cons

Rather old fashioned and not used anywhere outside the company accounting system. If you don't want to be a small gear in a huge machine - stay clear. If you want opportunities to exercise your creativity and find your true self at work - stay clear. If you want a CV position that will help you reach executive levels - stay clear. In short - you are not an unique snowflake here.

Advice to Management

If it ain't broken - don't fix it. And it doesn't seem to be broken.

Other Employee Reviews for State Street

  1. "Overall good experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    - Good networking opportunities
    -Tons of employee events and ways to get involved in the community
    -Company sponsored volunteer events (2 paid days a year to volunteer)
    -Flexible work scheduling/work from home depending on the department you're in

    Cons

    -Salary below average
    -Raises, bonuses, promotions are not significant
    -As with a lot of companies, a lot of office politics, unequal treatment and favoritism between employees from managers.
    -Employee morale affected by offshoring and frequent layoffs.

    Advice to Management

    Always put employees first and reward, promote anyone who works hard and achieves their goals. Not just your personal favorites.


  2. "Long history with new plan"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Hangzhou, Zhejiang (China)
    Current Employee - Vice President in Hangzhou, Zhejiang (China)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street full-time (More than 8 years)

    Pros

    work life balance, care people, strategic and visionary, invest for future, good comany citizen, strictly follow regulations and be serious about reputation

    Cons

    bureaucracy, conservative to new market/ opportunity, lack of execution power

    Advice to Management

    Be a true global copmany - expose employees outside NA for global assignments, get them up to speed about SS business model and strength, and then send them back to bring up local business.

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

See Most Recent

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