Lack of accountability abounds at State Street - Vice President State Street Employee Review

2.0
Sep 30, 2019
Recommend
CEO approval
Business outlook

Pros

I've worked with terrific people, worked from home whenever I want (varies from team to team), and never had a problem scheduling a vacation.

Cons

I have had 6 managers this year alone. At least twice because they were laid off, with our team latched onto somewhere else, only to be moved again every few months. There is absolutely no accountability for senior leadership, and it shows. We receive weekly reminders that expenses need to come down, but 98% of the company has no role in expense management. Nearly every job is being offshored so fast it's affecting the client experience, and then leadership scratches its head when the constant rework isn't resulting in lower costs. The company is shifting every cost it possibly can onto the backs of its employees (no corporate phones, no stipend for using personal phones for international calls, empty break rooms, mandatory desk sharing and work from home using your personal phones, computers and internet, no dedicated workspaces, etc.). Every administrative function is now someone's 4th job, meaning it's nearly impossible to find a pen, let alone figure out which of our two HR systems currently handles Payroll. Even the phone number you call to ask has been outsourced. Processes and technology are entirely broken. Self-built systems require 100 page instruction manuals to figure out. Every business unit is required to create its own process for key initiatives, then spend weeks arguing with other businesses about whose policy wins. Solutions are usually to add a new spreadsheet that needs to be filled out and manually aggregated because our data teams keep building databases that lack common data elements and literally can't talk to each other. But even if they did, the systems doing the "talking" are someone else's responsibility to figure out.

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5.0
Feb 11, 2026
Recommend
CEO approval
Business outlook

Pros

Pay, Benefits, Time off, Flexibility

Cons

I can't think of any

1.0
May 14, 2026
Recommend
CEO approval
Business outlook

Pros

Remote work is (rarely) an option, though the approval process is extremely slow and bureaucratic. There are a few well-meaning colleagues who genuinely try to drive positive change before burning out.

Cons

Onboarding and HR processes are severely broken, taking 11 months to approve remote status and failing to prepare basic equipment for day one. The workplace culture is deeply hostile, with anger and yelling functioning as the default communication style across teams. Leadership turnover is rampant, resulting in constant re-organizations, splintered teams, and a total lack of strategic direction. Role clarity is non-existent, forcing employees to invent their own daily tasks while receiving entirely contradictory instructions. Direct management is completely absent; I went seven months without any contact from my boss before being laid off via a three-word instant message and short call.

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