State Street Global Advisors Reviews in London, UK | Glassdoor

State Street Global Advisors London Reviews

Updated May 17, 2017
15 reviews

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London, UK Area (UK)

3.0
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Ronald P. O'Hanley
1 Rating

15 Employee Reviews

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Pros
Cons
  • Can have very bad work life balance depending on who you work for (in 10 reviews)

  • Massive push to send jobs to cheaper offshore locations (offshore locations also have high turnover) (in 5 reviews)

More Pros and Cons

  1. "SSGA Summer internship"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Lodon in London, England (UK)
    Current Intern - Lodon in London, England (UK)
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at State Street Global Advisors as an intern (Less than a year)

    Pros

    Great working environment and quite laid back. One of the best places to be if interested in passive management.

    Cons

    Resilience towards changes, sometimes too slow to react to market changes. Not the best place if you are very ambitious.

    Advice to Management

    Increase talent retention through incentives. Create a proper graduate program in UK as well.


  2. Helpful (1)

    "Dreadful organisation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Assistant in London, England (UK)
    Former Employee - Executive Assistant in London, England (UK)
    Doesn't Recommend

    Pros

    Nice offices and great colleagues

    Cons

    Salaries haven't increased in over 5 years. Snr Management are egotistical, systems are outdated

    Advice to Management

    Change your management team to more forward thinking individuals

  3. Helpful (2)

    "Some good, but mostly bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Reporting Analyst in London, England (UK)
    Former Employee - Client Reporting Analyst in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at State Street Global Advisors full-time

    Pros

    -Fairly competitive salary if you have great experience
    -Big name in industry - in London and America
    -Located in Canary Wharf
    -You can build very good relationships with colleagues

    This can be a good company to have on your CV.

    Cons

    -Very bad management
    -Disorganised and lack of communication
    -Lack of responsibility/ownership
    -There is pressure to stay at work late to be seen, even if there is no work to do

    The Client Reporting team has a very poor management team which creates a work environment that rewards passing blame or doing as little as possible to avoid mistakes. There has been attempts to fix this for 3 years with no success.

    I would not accept any roles in Client Reporting, New Business and Change Management due to the management. The other teams appear to be managed fairly well.
    They are also in the process of cutting costs. They have reduced travel and other expenses. They have also been hiring new employees for lower salaries than previous employees.

    Advice to Management

    To senior management: If your team has had a 70% turnover rate (team size of approx. 20 employees) for 3 years, you should possibly investigate the reason for this turnover.


  4. "security officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Security Officer in London, England (UK)
    Current Employee - Security Officer in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    good place to work, with lots of opportunities and carrier program.

    Cons

    long hours and not challenging in my case. I am looking to work in IT field.

    Advice to Management

    N/A


  5. Helpful (1)

    "So-So firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in London, England (UK)
    Current Employee - Vice President in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    People; Work life balance; Corporate Citizenship.

    The people at SSGA are generally a good bunch of people who are fun to work with.

    Cons

    Pay is terrible. Bonuses are low and huge proportion vested over 4 years for VPs and above.

    Also, diversity is terrible at State Street with all minorities and women grossly underrepresented.

    Advice to Management

    you are going to lose staff this year due to miserly remuneration.


  6. Helpful (1)

    "Been work 6 year"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

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

    Pros

    Work life balance is good and promote flexible working life .

    Cons

    High turnover
    no investment from above within AIS
    Management is new.


  7. "AVP"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in London, England (UK)
    Current Employee - Assistant Vice President in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street Global Advisors full-time (More than a year)

    Pros

    Great work-life balance and flexible work benefits

    Cons

    layers of management hierarchy; sometimes slow to get things done

    Advice to Management

    Promote internally for organic growth; don't always have to bring in external people and pay them more while you have a pool of talent from within the company to choose from

  8. "Assistant Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in London, England (UK)
    Current Employee - Assistant Vice President in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Offers a good work / life balance, flexible benefits package, big on internal mobility which often results in good staff retention.

    Cons

    Smaller bonuses and pay rises than peers, the use of aged systems and limited funding for development to IT infrastructure


  9. Helpful (1)

    "Good work life balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at State Street Global Advisors full-time (More than a year)

    Pros

    Very good work life balance
    Chances to move around

    Cons

    Terrible systems
    Management intefere too much
    Average to below average pay

    Advice to Management

    Trust your employees more. And pay more competitively.


  10. Helpful (1)

    "New brand, new direction"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Administrator in London, England (UK)
    Current Employee - Fund Administrator in London, England (UK)
    Recommends
    Negative Outlook
    Approves of CEO

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

    Pros

    > Exciting times ahead for SSGA. The new brand project seems to be bringing a fresh approach within the company.

    > Global opportunities.

    Cons

    "If you don't ask you don't get..." Hard work often goes unnoticed, long hours and understaffed teams means is hard to improve and develop.

    Advice to Management

    Loyalty should be rewarded much better


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