State Street - A great place to be if you find yourself in the right group. | Glassdoor
There are newer employer reviews for State Street
There are newer employer reviews for State Street

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Helpful (1)

"A great place to be if you find yourself in the right group."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Senior Business Analyst in Boston, MA
Current Employee - Senior Business Analyst in Boston, MA
Recommends
Positive Outlook
Approves of CEO

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

Pros

Great benefits, job flexibility, lots of responsibility, great team dynamic if you find yourself in the right area of the company, Pay for Performance bonus scale

Cons

Salary doesn't always match the market or work output, difficult to move up despite having great performance reviews in some groups

Advice to Management

The Pay for Performance model should be shifted to salaries as opposed to bonuses. It's discouraging to get a 5 on a year-end review along with a promotion and still see a salary increase that doesn't even match inflation.

Other Employee Reviews for State Street

  1. "Long term employee within the accounting and service teams."

    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
    No opinion of CEO

    Pros

    Develops and purchases a high amount of technology in the execution of its business plan. Dedicated to the servicing of its clients within its target market General desire to be a community leader in its giving back to the areas it serves.

    Cons

    Continual staff reductions resulting in increasing workloads for remaining employees. Continued outsourcing generates a lack of commitment within service teams.

    Advice to Management

    Return to the long term focus, vs. the "quarterly earnings" mentality


  2. "Good opportunity to learn business up until a certain point"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Officer in Boston, MA
    Current Employee - Officer in Boston, MA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    good networking both internally and externally

    Cons

    Opporutnity based on groups you are in and managers commitment to include you

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

See Most Recent

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