State Street - Good for new graduate experience, bad culture for long term career | Glassdoor
There are newer employer reviews for State Street
There are newer employer reviews for State Street

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Helpful (1)

"Good for new graduate experience, bad culture for long term career"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

Pros

I worked at State Street for six years and built my resume with them. I learned a lot of job skills and much of what I know about investment banking.

Cons

I did not like the lack of respect given to non-officer positions. There is really a divide between your supervisor and you. It is a very arrogant divide where people you come to face to face everyday will not look at you or treat you as if you exist because your salary/position is not at a level to impress him/her.

Advice to Management

Stop with the arrogance. Really. Oh... and pay market rate too. Turnover is very high because PA's and FA's are not paid what your competitors are.

Other Employee Reviews for State Street

  1. "They overwork you and when lay offs come, doesnt matter how much work you put in, you will be the first to go"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Administrator in Quincy, MA
    Current Employee - Portfolio Administrator in Quincy, MA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Good place to start off carreer

    Cons

    Overworking, very cut throat, lacking team work


  2. "A great place to start and get some experience right out of school."

    StarStarStarStarStar
    • 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
    Neutral Outlook
    Approves of CEO

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

    Pros

    This is a big company and the entry-level positions are quite stable. They have a great training program that gives you some insight as to what you will be doing on a daily basis. The training continues once you join the team you work for. As with any job, you continue to learn every day on the job and assume more responsibilities as you move forward.

    Cons

    Unfortunately, it is tough to move up in this company. The best chance is to work for a year and transfer to a different team. Upward mobility is limited within your team. The salary is quite low, but it is something to work with.

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

See Most Recent

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