State Street Reviews in Quincy, MA | Glassdoor

State Street Quincy Reviews

Updated September 20, 2017
169 reviews

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Quincy, MA

3.3
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State Street President and CEO Joseph L. Hooley
Joseph L. Hooley
70 Ratings

169 Employee Reviews

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Pros
Cons
  • lot of politics no work life balance (in 101 reviews)

  • Long hours pressure during end of month (in 150 reviews)

More Pros and Cons

  1. "Intern - Graduate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Graduate in Quincy, MA
    Former Intern - Graduate in Quincy, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at State Street as an intern (Less than a year)

    Pros

    Fun place to work. Managers are very good mentors. Team members are very supportive. Company, although very old, has got great vision for future growth and is rapidly moving towards it. Feels like working in a family

    Cons

    None. Transition to full time may be clearly defined.

    Advice to Management

    Keep it up.


  2. "Ops Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate II in Quincy, MA
    Current Employee - Associate II in Quincy, MA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Young employees keeps it lively, good hours for a snoozer, easy commute

    Cons

    The pay, and some employees above you may not be educated to the fullest I'll say

    Advice to Management

    Nothing other than raise the pay of the hard workers in Securities Valuation

  3. "ship is slow to change course"

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

    I have been working at State Street full-time

    Pros

    company is shifting into big data and has made the shift to agile

    Cons

    lots of contraction in the company due to shift in operating model


  4. "It's ok for a starter position"

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

    I have been working at State Street full-time (More than 10 years)

    Pros

    Work from home, benefits, location, networking, get a good grounding, will pay 10,000 for school a year. Good work set up, dual screens for work.

    Cons

    Slow promoting, can be a bit monotonous in the work that you do. It can be a bit hard to transfer between department since they have silos.

    Advice to Management

    Provide incentives

    State Street Response

    Aug 23, 2017 – State Street

    Thanks for your comments. Having opportunities for advancement and being challenged by work are important aspects of career development. We want State Street employees to feel supported to explore... More


  5. "Functional Spec. Associate 2"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Functional Spec Associate II in Quincy, MA
    Current Employee - Functional Spec Associate II in Quincy, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    nice working place in this area

    Cons

    there are cons for this company so far


  6. Helpful (3)

    "Great opportunity for college grads but"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate - Client Operations in Quincy, MA
    Current Employee - Senior Associate - Client Operations in Quincy, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Upward mobility. Work from home 3 days a week and vacation package starts at 4 weeks.

    Cons

    Culture, no work life balance, COEs are awful. You have to reach out to too many ppl and departments to get things done. Nothing improves.

    Advice to Management

    Need to follow up on streamlining the business model. Follow up on stop points and survey current employees for what annoys them on a daily basis. Issues are "tracked" but not much becomes of it to be fixed.


  7. Helpful (1)

    "Not Great"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Pricing Analyst in Quincy, MA
    Current Employee - Pricing Analyst in Quincy, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Experience, Locations, Balance, Mobility, Fun

    Cons

    Salary, Mobility, Offshore, Mundane Tasks

    Advice to Management

    Not offshore

  8. Helpful (2)

    "Functional Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Functional Specialist in Quincy, MA
    Former Employee - Functional Specialist in Quincy, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at State Street full-time (Less than a year)

    Pros

    You will learn a great deal at this company. I personally learned a ton from the ETF department. Some of the benefits are great.

    Cons

    Hours are aweful depending of your team.(my hours were supposed to be 10-6 but I regularly worked 10-9, 10-10) I did get overtime which sounds like I would be making tons of money however my hours would regularly be modified to avoid paying as much overtime.(for example my boss would keep me till after 9 all week and then on Friday they would tell me to come in later so that wouldn't have as much overtime.
    Management is horrible, they offer to help which is good but the changes are rarely implemented.
    I was being heavily overworked and was easily doing the job of 3 people.

    Advice to Management

    Ensure that everyone is pulling their own weight and make sure you know what your employees have on their plate before giving them more and more tasks.


  9. "State Street"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Services Manager in Quincy, MA
    Current Employee - Client Services Manager in Quincy, MA

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

    Pros

    Very flexible work schedule, great benefits, internal mobility encouraged

    Cons

    Overwhelming workload at times, lack of structure.


  10. "Information Security Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Information Security Analyst in Quincy, MA
    Former Employee - Information Security Analyst in Quincy, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at State Street full-time (More than 8 years)

    Pros

    Great people and good learning experience

    Cons

    Lack of diversity at the Senior Level

    Advice to Management

    Diversify top level management and make it a requirement that managers are able to relate to all staffing levels.


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