There are newer employer reviews for State Street

 

Opportunities are Available

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Operations Specialist II in Kansas City, MO (US)
Current Employee - Operations Specialist II in Kansas City, MO (US)

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

Pros

Gain 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).

Cons

Find 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 ManagementAdvice

Get 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.

Doesn't Recommend
Negative Outlook
No opinion of CEO

1313 Other Employee Reviews for State Street (View Most Recent)

Sort: Rating Date
  1.  

    Industry leader for clients, average for employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Associate in Irvine, CA (US)
    Current Employee - Senior Associate in Irvine, CA (US)

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

    Pros

    Skilled/knowledgeable employees. Excellent service provided to clients.

    Cons

    Limited career growth opportunities. Non-competitive compensation

    Advice to ManagementAdvice

    Encourage performance based promotions

    Recommends
    Positive Outlook
  2. 2 people found this helpful  

    Lots of Work for Little Pay

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

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

    Pros

    Can work from home when needed.

    Cons

    Expected to work from home often off hours and for free. Company expects the world from its employees and pays much less than compettitors.Turnover is really high because no one is happy.

    Advice to ManagementAdvice

    Treat your employees better and pay a higher wage, if not keep watching turnover increase.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for State Street

Work at State Street? Share Your Experiences

State Street

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.