Hard to advance career for young people at State Street - Assistant Vice President State Street Employee Review

2.0
22 Oct 2008
Recommend
CEO approval
Business outlook

Pros

Overall benefit is Ok and job seems to be stable.

Cons

It's very hard to advance career at State Street, especially as a minority. I was in IT department and there were few minority managers while most of the employees who actually do the job are minorities. In addition, State Street doesn't provide enough training for employees. Tuition reimbursement seems to be based on if your manager likes you.

Explore other reviews about State Street

5.0
5 Jun 2026
Recommend
CEO approval
Business outlook

Pros

on-boarding was easy, lot of learning opportunities/clients to service, nice co-workers

Cons

sparse work-load allotted, difficult client assignments, strict vps

1.0
14 May 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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