State Street - Grass is greener elsewhere | Glassdoor

Find your next job here

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

See Most Recent

Helpful (2)

"Grass is greener elsewhere"

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

For the most part, the people you work with are good people. They make it worth going into work every day, its everything else that needs to change there

Cons

Too much outsourcing.....pay raises are poor....upper management that cares more about a bottom line than getting work done accurately.....COE model leads to finger pointing and blaming, not servicing clients

Advice to Management

Get your act together and realize what's really best for your clients.

Other Employee Reviews for State Street

  1. "State Street Intern Program"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    -Treated very well
    -Great learning environment
    -Despite M-F 9-5 Schedule, given time off when needed
    -Flexible work, team atmosphere was very enjoyable

    Cons

    -Repetitive work
    -Systems were difficult to understand at first

    Advice to Management

    -Promote young employees earlier in career to avoid losing them to outside companies
    -Become more active in outside social atmosphere (ex: Company events)


  2. Helpful (2)

    "Vice President"

    StarStarStarStarStar
    • 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
    No opinion of CEO

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

    Pros

    Good Pay and decent work/life balance

    Cons

    Very bureaucratic and political
    Many senior managers and groups work in silos protecting their interest rather than looking for the common good of the company
    Very audit centric culture which makes the employees not ready to make any decisions afraid of making any mistakes however small the impact is.

    Advice to Management

    Please bring in some fresh blood to the management team with people who can make decisions. Focus on changing the company culture which is overly bureaucratic.

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

See Most Recent

Work at State Street? Share Your Experiences

State Street
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or