Good for Entry-Level. Horrible Management. - Loan Processor State Street Employee Review

2.0
Mar 14, 2018
Recommend
CEO approval
Business outlook

Pros

- My team is able to WFH (Good for people with children) - Flex-Work - 401K Matches 5% after two years -

Cons

Where do I start? - Very high turnover, due to horrible training resulting in poorly executed work, not really employees fault - Horrible management - SO MUCH GOSSIP, feels like High School - Manager allows other managers to talk down to us, we've had managers from other teams speak horribly about us (while we are in the room), talking down in emails, I've even had a manager pretty much call me stupid in a email) nothing was done about it. - Fear based environment - Higher Management (VP) has been told/advised on horrible management treatment to employees, nothing has been done about, seems like they condone such behavior. - Horrible Pay, Horrible raise (If any) - No morale - No respect from upper management, they treat us like children - Some managers do the most minimum, while their employees are consumed with work .... So much more

Explore other reviews about State Street

5.0
Jun 23, 2026
Recommend
CEO approval
Business outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

1.0
Jul 1, 2026
Recommend
CEO approval
Business outlook

Pros

They offer resources for learning.

Cons

In my previous roles I've never felt burnout but with this one is the first I was feeling crush. I don't think managers take time to structure the tasks on a 8hrs or 10hrs per day. There are a lot of unrealistic expectations, no work-life balance at all. Even if you made the sacrifice to stay late, you will not be done with the work for the day.

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