State Street

  www.statestreet.com
  www.statestreet.com

State Street Reviews

Updated 16 December 2014
Updated 16 December 2014
1,383 Reviews
2.8
1,383 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
State Street President and CEO Joseph (Jay) L. Hooley
Joseph (Jay) L. Hooley
447 Ratings

Review Highlights

Pros
  • Good work life balance with potential to work from home or create a flexible schedule (in 132 reviews)

  • The flex work schedule, most people have an option to work from home twice a week (in 65 reviews)


Cons
  • Work/Life balance is one of their "core tenets" but they don't practice what they preach (in 42 reviews)

  • long hours, too much operational work, not so many bright people that can inspire you (in 57 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Operations Associate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Associate in Bangalore
    Former Employee - Operations Associate in Bangalore

    I worked at State Street full-time (less than an year)

    Pros

    Nice office, good pay and work timings

    Cons

    No culture, not a good management, work is horrible and politics is quite dirty

    Advice to ManagementAdvice

    Understand the needs of the employees and teach the managers some culture and how to behave with employees

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Good place to work for fresher

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate in Mumbai
    Current Employee - Associate in Mumbai

    I have been working at State Street

    Pros

    Good learnig place for fresher

    Cons

    Slow growth and not a good pay master

    Advice to ManagementAdvice

    no comments

  3.  

    Lot to learn

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

    I have been working at State Street

    Pros

    Getting to work in different teams

    Cons

    No core work (Intern) like risk modelling.

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Good for as the first professional experience in corporate world

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant in Kraków (Poland)
    Current Employee - Fund Accountant in Kraków (Poland)

    I have been working at State Street full-time (more than an year)

    Pros

    Communicatoion with donor side on daily basis, possibilty to learn a lot

    Cons

    Repetetive job depending on a position

    Recommends
    Positive Outlook
  6.  

    Fund Accountant Associate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant, Associate I in Cape Town (South Africa)
    Current Employee - Fund Accountant, Associate I in Cape Town (South Africa)

    I have been working at State Street full-time (less than an year)

    Pros

    sufficient training. allows you to work with knowledgeable people and that is very useful when you are starting out.
    overall a good career start

    Cons

    the pay is not that high but you can live with it. the hours are a bit awkward but you get used to it.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Functional specialist 2

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street

    Pros

    Wonderful managers, team. Lots of learning opportunities

    Cons

    Limited overtime although that doesn't apply that often

  8.  

    Lots of room to move around

    • 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 full-time (more than 5 years)

    Pros

    * Good benefits/ vacations/ sick-day policy etc.
    * Generally good managers
    * Like with any big company, tons of room to move around

    Cons

    * Used to be stable, but lots of people let go over the last 5+ years
    * Hierarchical/ Bureaucratic culture.

    Advice to ManagementAdvice

    * Every thing should not be about money/ numbers.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Associate Level

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street

    Pros

    Great place to start career

    Cons

    There is a high turnover rate

  10.  

    Kansas City Fund Administration

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

    I worked at State Street full-time (more than 3 years)

    Pros

    Overtime > 40 hours for Level 1 & Level 2. Enjoyed the people.

    Cons

    Manager role requires 50+ hours a week for inadequate pay

    Recommends
    Positive Outlook
  11.  

    Market leader in its sector, however long hours, staff engagement fairly low

    • 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 full-time (more than 3 years)

    Pros

    Market leader in its sector, invests in technology and people

    Cons

    Long hours, staff engagement very low, focus is on cost cutting, not necessarily on quality of service

    Doesn't Recommend
    Neutral Outlook

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.