There are newer employer reviews for State Street

 

Low risk, low reward

Current Employee - Client Operation Associate in Boston, MA (US)
Current Employee - Client Operation Associate in Boston, MA (US)

I have been working at State Street full-time (more than an year)

Pros

advancement opportunities are good for everyone if you're talented

Cons

salary, organizational skills are sometimes lacking, short staffing common, lots of mindless processing that creates easily replaceable employees

1318 Other Employee Reviews for State Street (View Most Recent)

Sort: Rating Date
  1.  

    Could be better

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at State Street

    Pros

    Opportunities to learn different things

    Cons

    Need to be more flexible with work hours.

  2.  

    Good place to start, but not a place for a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant Associate II in Kansas City, MO (US)
    Current Employee - Fund Accountant Associate II in Kansas City, MO (US)

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

    Pros

    *Great place to get some experience on your resume
    *Benefits better than average
    *On site cafeteria, coffee shop, and fitness center
    *Work from home access
    *Managers are generally flexible with work hours and personal issues (experience may very upon which team you are on)

    Cons

    *Abysmal pay (after one promotion and three merit "increases" I still qualify for food stamps)
    *Annual layoffs
    *Constant outsourcing to India
    *Employees generally unmotivated
    *Senior Management totally unaware of difficulties in the lower ranks
    *High turnover and constant short staffing

    Advice to ManagementAdvice

    Please increase the starting salary. When the economy turns around, no solid talent will be available. State Street has a terrible reputation from an employment stance. There is no reason an employee should qualify for food and housing assistance when you pull down billions of dollars in shareholder profits.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for State Street

Work at State Street? Share Your Experiences

State Street

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.