State Street - IFS - Fund Administrator | Glassdoor
There are newer employer reviews for State Street
There are newer employer reviews for State Street

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Helpful (1)

"IFS - Fund Administrator"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Director in New York, NY
Former Employee - Director in New York, NY
Recommends
Positive Outlook
Approves of CEO

I worked at State Street full-time (More than 5 years)

Pros

Large institution with strong industry presence

Cons

No cohesiveness amongst the subsidiaries.

Advice to Management

Restore management training programs

Other Employee Reviews for State Street

  1. "I currently work here....and would probably rather be unemployed"

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

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

    Pros

    ....trying to think. No one really bothers me because everyone keeps to themselves and are socially awkward.

    Cons

    First off, the starting salaries are ridiculously low. I almost thought they were joking when they told me. Secondly, the managers are all people who have literally worked here for so long they are miserable...but the fact that they stayed for so long is the reason they are promoted to management. There is no formal training, you're just expected to pick up this mindless work.

    Advice to Management

    A positive attitude would help.


  2. Helpful (1)

    "Bank loan funds"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Boston, MA
    Current Employee - Senior Manager 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

    great people. good locations in the city.

    Cons

    where to start? Grossly below market salary, benefits scaled back every year, raises and bonuses (except for Jay's) scaled back every year. Disgusting and filthy office space (mice, roaches, musty smell). Limited advancement opportunities. Expected to do impossible workloads. Layoffs yearly leaving groups understaffed so Jay and his stockholder buddies can squeeze a few more pennies per share out.

    Advice to Management

    Stop treating your people like garbage.

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

See Most Recent

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