State Street
2.8 of 5 1,014 reviews
www.statestreet.com Boston, MA 5000+ Employees

1014 Employee Reviews (View Most Recent)

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Good place to gain experience or retire!

Business Analyst (Former Employee)
Irvine, CA (US)

I worked at State Street full-time for more than 8 years

ProsGood entry level place to get experience. Good place to retire if you have no ambition and don't care about career growth.

ConsSalary increases are pathetic. No opportunities for growth. Management is always looking to give you a rating of 3 or less so they can avoid paying you a decent compensation increase. If you are liked by your manager, you get flexible work at home. If you not liked by management, you have to come to work.
Like to outsource to India, then hire the FTE's back as temp assignments at lower pay and no benefits when outsourcing fails! Pathetic...

Advice to Senior ManagementHow's outsourcing to India going? Guess you got your fat bonuses eh? Can't believe PIMCO is paying for this pathetic mess.

No, I would not recommend this company to a friend

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  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         

 

Nice people, yet most are not very competent due to overtime incentive and low base salary.

Financial Reporting Associate (Current Employee)

I have been working at State Street full-time for less than a year


Pros: The pros of working at State Street Global Services are really on the people and the culture. Most of them are very nice. They also… Cons: Because of the low base salary and overtime incentives, some employees drag it out. This results in less competent groups of people. In turn,… Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Overall great experience for anyone who has the ambition to seek opportunities for growth

Vice President (Current Employee)
Boston, MA (US)

I have been working at State Street full-time for more than 10 years


Pros: Provides great training Many talented people There are growth opportunities for ambitious… Cons: There is no clear path for advancement. The salary increases are small for… Advice to Senior Management: Increase efforts to develop talent internally with management training program. Yes, I would recommend this company to a friend More

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At State Street, we know that smart, skilled, productive employees are essential to our company’s continued success. As a leading provider of financial services, with operations in 27 countries and more than… Full Overview

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