State Street Employee Reviews about "good benefits"

Updated Jan 22, 2021

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Found 276 of over 6,642 reviews

3.4
59%
Recommend to a Friend
78%
Approve of CEO
State Street President and CEO Ronald O’Hanley
Ronald O’Hanley
844 Ratings
Pros
  • "Good Benefits, Low work pressure(in 277 reviews)

  • "Enjoyable work environment and experience(in 238 reviews)

  • Cons
  • "Operations staff has to work really long hours(in 247 reviews)

  • "Low salary in comparison to the industry(in 121 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

    Reviews about "good benefits"

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    1. 5.0
      Former Employee, more than 1 year

      Regulatory Reporting AxiomSL Developer

      May 17, 2020 - Axiom Developer 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good Benefits, Low work pressure

      Cons

      Outdated Technology usage in most of the teams

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    2. 3.0
      Current Employee, more than 1 year

      Good for atarters

      Jan 12, 2021 - Associate in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Gives you and edge , good benefits, lots of engagement activity

      Cons

      Low pay and less career growth prospects unless your lucky

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    3. 3.0
      Current Employee, more than 5 years

      okay

      Jan 20, 2021 - Investment Accounting 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      good benefits compared to competitors

      Cons

      Less pay and no growth potential

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    4. 3.0
      Current Employee, less than 1 year

      Entry

      Aug 30, 2020 - Corporate Actions Analyst in Montreal, QC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good benefits, over time pay

      Cons

      Over worked, not enough staff, low base pay

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    5. 3.0
      Current Employee, more than 10 years

      Montreal Office

      Aug 16, 2020 - Officer in Montreal, QC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Flexible work arragenments, good benefits

      Cons

      Low Pay, low bonus, not much advancement

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    6. 3.0
      Former Employee, more than 5 years

      Work Life Balance

      Jul 6, 2019 - Vice President Sales in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good training, good benefits

      Cons

      Under staffing. Average client service Average operations support

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    7. 2.0
      Former Employee

      Pricing Analyst

      May 1, 2019 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -good teammates -good benefits -easy work

      Cons

      -below market pay -bad work life balance -management doesnt know what they're doing

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    8. 2.0
      Current Employee

      Good entry level, that's about it

      Dec 5, 2011 - Fund Accountant, Associate I in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -good entry level positions: I was hired with no job experience or designation -good benefits -good people -it seems to be difficult to be fired(see point below for unfair work levels)

      Cons

      -low pay -promotion is based on seniority -senior management continually promises promotion and that hard work is noticed but it isn't -high turnover -increasing workload + people quitting + hiring freeze = overworking existing employees -senior management only cares about cutting cost by pressuring employees not to stay overtime to complete impossible amounts of work -"flex time" marketed as "work life balance" but transparently only a way to avoid paying overtime -unfairness in work levels: incompetent employees are given less work, more help and the same pay as equal level competent employees who are expected to perform at a higher level -company has lots of events that are impossible for fund accountants to attend due to hours and workload

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      3 people found this review helpful
    9. 4.0
      Current Employee

      Good company for career starter

      May 8, 2011 - Senior Accountant in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Good company culture - Good benefits - Most of people are nice to work with - Offer new grads opportunaties to start the career; - Good company for career starter

      Cons

      - Be prepared to work overtime( you get paid for overtime) - Salary is relatively low comparing to same position in our companies - High turn over due to low salary - Can be stressful sometimes due to different deadlines

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    10. 2.0
      Former Employee, more than 1 year

      Good job for fresh grads

      Mar 7, 2014 - Investment Accountant in Toronto, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      It is a very good place to start your career as you get to learn and network with many other fresh grads. If you are willing to stay and do your time, you will surely be promoted to senior roles within your team. Managers and peers are nice people and nice to work with. Management is approachable. Company has good benefits and is looking to improve work/life balance for employees.

      Cons

      Long hours coupled with low compensation = high turnover. When I worked at State Street, overtime was a common occurrence which lead to a very bad work/life balance as the hours were already weird enough, starting at 10am and having the day end at 7pm (supposedly).

      1 person found this review helpful
    Viewing 1 - 10 of 276 Reviews

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