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There are newer employer reviews for State Street
There are newer employer reviews for State Street

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IT Subject Matter Expertise - gone soon

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Application Developer in Quincy, MA (US)
Current Employee - Application Developer in Quincy, MA (US)

I have been working at State Street full-time (More than 10 years)

Doesn't Recommend
Negative Outlook
Disapproves of CEO
Doesn't Recommend
Negative Outlook
Disapproves of CEO

Pros

Excelent work-life balance, depending on manager. Supportive and kind co-workers.

Cons

Continuously looming layoffs with not enough communication from management. Very Low morale. Bleak future outlook.

Advice to Management

Rethink the 'Strategic Partering' cost-saving idea, as the service and quality to clients is suffering. The subject matter expertise and critical thinking/analysis skills gained by experienced SSC employees over the course of their tenure here - and required in order to maintain top-notch service on complex functionality - have not been captured in the skills transfer to our strategic partners. Poor skills transformation model: complicated tasks and complex functions performed by several experienced SSC employees have been transferred to a single Wipro employee who is overloaded and at risk for errors. Performance, quality, and the company's reputation are at risk.

reviews filtered by
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  1. Fast paced, intense, good training ground

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Quantitative Research Intern
    Former Intern - Quantitative Research Intern

    I worked at State Street as an intern (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Conducive environment for learning, encouraging team, strong focus on client value - something I really like.

    Cons

    Relatively lower pay compared to other too-big-to-fail banks.

    Advice to Management

    Lower pay is encouraging staff to job hop, which is a pity because they like SSGA's culture. They just realize they'd get better pay if they leave.

  2. in general, pretty good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Anonymous Intern
    Current Intern - Anonymous Intern

    I have been working at State Street as an intern (Less than a year)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    flaxiable working hours/ friendly work mates

    Cons

    communication witnin teams need to be a bit more stronger

There are newer employer reviews for State Street
There are newer employer reviews for State Street

See Most Recent

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