State Street Workplace FAQ

Read what State Street employees think about their company's workplace. Employees have questions about everything from the work environment, to the dress code and food at the office.

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All answers shown come directly from State Street Reviews and are not edited or altered.

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8 English questions out of 8

March 17, 2019

What is a typical working day like at State Street?

Pros

Flexible, no Shift rotation , good management

Cons

I didn’t find anything

Flexible, no Shift rotation , good management

March 17, 2019

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May 21, 2021

Does State Street have an on site gym?

Pros

friendly team, nice office, great cafe

Cons

most of the bank is operational roles

friendly team, nice office, great cafe

May 21, 2021

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October 16, 2019

What are meetings like at State Street?

Pros

-Great Flex Program -Immediate manager and team as like my 2nd family; great group -Slowly putting the company in a good position to pivot with vast realignment of workforce (position does not equal execution) -Pay is decent and getting better with policy changes -Skilled people that can make the company successful -Better transparency of the past year from leadership down (sometimes does feel like fluff though )

Cons

-Poor execution of great ideas meaning folks have outstanding ideas on how we can pivot or start fresh. However, those get bogged down by chain of command, no defined decision maker, to many of the same instruments (people) making just a lot of noise (no harmony everyone fighting for power and say). -No company wide alignment on future vision with far more unknowns then knows -Lack of value from various tech innovation programs due to poor adoption, “MVP” = final product and $600 ball point pen syndrome with legacy development mindset (lack of innovative thinkers) -“Schedule a meeting culture” where innovation is constantly stifled due to meeting to have a meeting multiple times with multiple groups sometimes spread across months due to lack of meeting availability. Vicious Cycle. -Lack of joy in ownership. Culturally, no one wants to make a decision. Can’t count the amount of times I have asked for input, a question or direction from the “decision maker” to have it forwarded / directed (on average 2 day delay) to another member of the team and then forwarded around again in a continually baton passing loop for weeks to come up with a simple solution or none at all. Frankly it drives me crazy to have to go through that dance (email, meeting, phone call, email, meeting,meeting, and so on). This is not collaborative nor agile. This is merely CYA.

Advice to Management

With all the change recently it is a great opportunity to start fresh. Don’t make the same mistakes in the past such as political battles, straw man decision rights and condoning leadership without knowing the weeds. Culturally, there needs to be a single voice to step up and shock the environment by any means necessary. Make it mandatory to have a meeting there must be an agenda filled with questions to answer not topics to discuss. If the questions can be answered without blocking time, great! If there is a need to solution a problem, get input or receive guidance force collaboration and quick problem solving maybe via instead of email set up a chat room or a Team. And if a manager doesn’t know his or her business well enough to solution (where there is a constant reliance to forward to his or her team) then they aren’t performing up to standards. Thank you for reading. This company is very important to me and I am 100% passionately committed to see it succeed. It’s a healthy / unhealthy obsession of mine because I want to look back years from now and feel great about what this company has achieved.

“Schedule a meeting culture” where innovation is constantly stifled due to meeting to have a meeting multiple times with multiple groups sometimes spread across months due to lack of meeting availability.

October 16, 2019

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March 6, 2021

What is it like working with clients or customers at State Street?

Pros

good experience with clients and with a fast pace work environment

Cons

If you are an intern it may be hard to balance work life and school life

good experience with clients and with a fast pace work environment

March 6, 2021

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March 27, 2019

What is the work environment like at State Street?

Pros

Good work life balance, mostly a relaxed atmosphere

Cons

Too Boston focused, people in the regions are not valued enough

Advice to Management

Leadership is derived from followership

Good work life balance, mostly a relaxed atmosphere

March 27, 2019

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8 English questions out of 8

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