State Street
2.8 of 5 1,011 reviews
www.statestreet.com Boston, MA 5000+ Employees

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Operations Specialist II (Current Employee)
Kansas City, MO (US)

I have been working at State Street full-time for more than 5 years

ProsGain experience working in a corporate environment. Learn what you should do versus what you should not do. Now I understand the questions necessary for future companies. They pay for school... Take advantage... Find the right group and life becomes flexible... Or, if you're looking for overtime.. there are groups that provide plenty (Just don't plan to be a manager in those groups).

ConsFind the wrong group and you can kiss work/life balance out the window. Most managers could care less what is going on in your personal life.. Just that the work is getting done and efficiencies are being put in place. And you better believe that daily deadlines are more important than your lunch or your health or you getting out on time. Be prepared for weekly turn-over and training of new employees.. Not to mention the consistent cross-training for the inevitable turn-over and call-in rate. Sick days are use them or lose them, therefore turning employees into liars just so they can take advantage of their benefits.

Advice to Senior ManagementGet to know your employee! Increase the base salary back to what it was a few years ago. Find ways to provide real challenges for employees to keep their interests. Compensate those who go above to obtain their Masters.. It's amazing how many MBA holders there are.. sitting around, not applying their newly obtained education.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Changing Environment

Assistant Vice President (Current Employee)
Boston, MA (US)

I have been working at State Street full-time for more than 3 years


Pros: Global reach Smart people Good benefits Plenty of mobility Cons: New IT outsourcing making life difficult and progress slow. Benefits are being cut year after year. 2nd… Advice to Senior Management: Think long-term in regards to partnerships and personnel Yes, I would recommend this company to a friend More

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
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  • No Opinion of CEO

2 people found this helpful  

Career crippling

Anonymous Employee (Former Employee)
Quincy, MA (US)

I worked at State Street full-time for more than 10 years


Pros: This can be a great company to work for if… Cons: Some - not all - of management is promoted based on social status and not… Advice to Senior Management: Listen to your employees, if there is a common complaint then it's best to take a closer look… No, I would not recommend this company to a friend More

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State Street – Why Work for Us?

At State Street, we know that smart, skilled, productive employees are essential to our company’s continued success. As a leading provider of financial services, with operations in 27 countries and more than… Full Overview

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