There are newer employer reviews for State Street

 

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 for more than 10 years

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 ManagementAdvice

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.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

1281 Other Employee Reviews for State Street (View Most Recent)

Sort: Rating Date
  1.  

    in general, pretty good

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

    I have been working at State Street as an intern for less than a year

    Pros

    flaxiable working hours/ friendly work mates

    Cons

    communication witnin teams need to be a bit more stronger

    Recommends
    Neutral Outlook
  2.  

    Finance

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

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

    Pros

    There are many smart people working here who care about doing a good/great job.

    Cons

    Responsibilities of those who left or was laid off were been reassigned to remaining staff. More pressure to work/life balance. Generally little senior mgr and manager support when requested. Mgt only care about getting the job done.

    Advice to ManagementAdvice

    Burning out staff. Need to revisit structure and not just bringing in your people from old company.

    Recommends
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for State Street

Worked for State Street? Contribute to the Community!

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