State Street Reviews | Glassdoor.co.uk

State Street Reviews

Updated 16 January 2019
3,706 reviews

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3.1
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Ronald O’Hanley
6 Ratings

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Pros
Cons
  • "No work/life balance, pay is not competitive" (in 122 reviews)

  • "Long hours and can be stressful at times (like most jobs)" (in 185 reviews)

More Pros and Cons

  1. "Officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at State Street full-time

    Pros

    Good company for global working

    Cons

    Some people in higher positions underservdly due to offshoring of functions


  2. "Risk Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street full-time

    Pros

    Very good company to work with

    Cons

    Nothing in mind as of now

  3. "Financial analyst"

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

    I have been working at State Street full-time

    Pros

    Good friendly staff,
    Good canteen
    Good location
    Good OT pay

    Cons

    Less pay, too much work


  4. "Disappointing and had such great potential"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Developer in Belfast, Northern Ireland
    Current Employee - Developer in Belfast, Northern Ireland
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at State Street full-time (Less than a year)

    Pros

    Salary is competitive for Belfast.
    Potential for project is great.
    Promises of good culture exist - still waiting

    Cons

    Flat structure has unsuprisingly produced over opinionated wannabe leaders.
    It seems to be cool to see who among the potential leaders can be most abrasive with other colleagues, but specially junior staff. Every interaction has "I am your boss+know your place" written all over it. I hope that this is addressed before it puts more colleagues off from what is becoming a toxic environment.
    People have already left and there are at least six to seven that I know of seeking alternative employment. Senior management have failed miserably to fix this problem that they are long aware of.

    Advice to Management

    1 - Appoint a experienced, level headed site lead, so that some of these wanabes never lead.
    2 - Fix the problems created by almost one year of toxic competition to see who can win favour from directors and senior managers.
    3 - Start making clear, carefully considered firm decisions and making sure that the teams have a semi clear strategy.
    4 - Startups always are challenging but take advice from more than two or three loud people. There is great experience in Belfast and there are quieter people who would make better leaders. Don't let two or three run and ruin the show.
    5 - Word is already out among local developers that State Street Belfast is to be avoided because of these very problems. No high salary alone will overwrite this issue.


  5. "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Approves of CEO

    I have been working at State Street full-time

    Pros

    Flexible working conditions, recognition of contribution and service

    Cons

    Small fish in a big pond.


  6. "Associates"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at State Street full-time

    Pros

    Overall nice company with nice colleagues and managers. Good work life balance. Good training courses

    Cons

    Limited promotion options, can be frustrating to move forward some projects


  7. "State Street IFS Fund Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at State Street full-time

    Pros

    Good entry level job for graduates

    Cons

    Poor pay relative to similar jobs in Dublin

  8. "Senior Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I have been working at State Street full-time

    Pros

    Nice people, broad spectrum of work

    Cons

    Management proritising costs savings and willing for staff working long hours to cover increasing workload


  9. "Badly managed and toxic environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at State Street full-time (More than a year)

    Pros

    Good internal mobility
    Can get foot on the ladder in finance
    Paid Overtime somewhat makes up for lower pay
    Social environment and the ability to meet some friendly sociable people
    Some very skilled managers who care about their staff and manage their team effectively

    Cons

    Poor pay and bonus compared with other banks
    Poor management style
    Bad, outdated computer systems (constant daily systems issues)
    Lack of support and appropriate training , especially for new starters
    New starters of all levels not provided with thorough or proper training on internal systems
    Strong blame culture, where no one wants to take responsibility for their mistakes (poor accountability internally and externally with clients)

    Advice to Management

    Invest in IT and improving internal software systems
    Improve accountability, especially for managers
    Provide appropriate training for staff


  10. "Corporate Actions"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at State Street full-time

    Pros

    Friendly hard working people there

    Cons

    Not secure, many redundancies and outsourcing

    Advice to Management

    Retain valuable staff