State Street - They overwork you and when lay offs come, doesnt matter how much work you put in, you will be the first to go | Glassdoor
There are newer employer reviews for State Street
There are newer employer reviews for State Street

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

Star Star Star Star Star
  • 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

Other Employee Reviews for State Street

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

    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
    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.


  2. Helpful (3)

    "Lots of Work for Little Pay"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Officer in Boston, MA
    Current Employee - Officer in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Can work from home when needed.

    Cons

    Expected to work from home often off hours and for free. Company expects the world from its employees and pays much less than compettitors.Turnover is really high because no one is happy.

    Advice to Management

    Treat your employees better and pay a higher wage, if not keep watching turnover increase.

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

See Most Recent

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