State Street - Good Starting Place | Glassdoor
There are newer employer reviews for State Street
There are newer employer reviews for State Street

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"Good Starting Place"

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

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

Pros

It is a big corporation, looks good on your resume.

Cons

Pay is lower than at any other bank/financial corporation. Bonus is a joke. High turnover, smart people leave fast.
Worked in many different groups, most of the time promotions are earned by getting an offer from a different place, or being buddy-buddy with management.

Advice to Management

Find a way to create revenue, you cannot reduce expenses infinitely.

Other Employee Reviews for State Street

  1. Helpful (1)

    "The worst working experience of my life"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Manager
    Current Employee - Portfolio Manager
    Doesn't Recommend
    Negative Outlook

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

    Pros

    If you are here to play politics and unskilled with regards to the financial market then you can have a career, promotion and you can expect to reach the highest level that your incompetence can achieve

    Cons

    You can hide, do nothing and bring home you cash. The company is so poorely managed that none will realize

    Advice to Management

    Management cannot be trusted. They tend to promise you the moon in a one to one conversation and also over recorded phone call but when the time comes to deliver to these promises either they find excuses or they liquidate you screaming I DID NOT DELIVER. Poor management attitute from poor mannered people that thinks more about their pocket and are careless about customer


  2. "overworked and underpaid"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Boston, MA
    Current Employee - Vice President in Boston, MA
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    job security in a high growing area of the bank, commute to work is reasonable, ability to work independently within a small group

    Cons

    long hours and having to work every holiday. Not able to take total annual allotment of vacation, not able to get adequate resources

    Advice to Management

    allow merit increases to those who perform at a high level and whose salary is below the group average.


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

See Most Recent

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