State Street

  www.statestreet.com
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State Street Reviews

Updated Jul 30, 2014
All Employees Current Employees Only

2.7 1,223 reviews

51% Approve of the CEO

State Street President and CEO Joseph (Jay) L. Hooley

Joseph (Jay) L. Hooley

(383 ratings)

39% of employees recommend this company to a friend

Review Highlights

Pros
  • Company has good benefits and is looking to improve work/life balance for employees (in 120 reviews)

  • Many employees can work from home a few days a week if their responsibilities allow them to (in 55 reviews)


Cons
  • Work/Life balance is one of their "core tenets" but they don't practice what they preach (in 36 reviews)

  • long hours, too much operational work, not so many bright people that can inspire you (in 47 reviews)

More Highlights
1,223 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Opportunities to learn and get ahead

    Anonymous Employee (Former Employee) Sydney

    ProsVariety of challenges, excellent systems and commitment to technology investments

    Conscomparatively lower salaries than competitors

    Advice to Senior Managementembrace diversity

    Yes, I would recommend this company to a friend

     

    Ain't what it used to be....

    Anonymous Employee (Current Employee)

    ProsWork / life balance
    Great central location
    Exec super at 14%

    ConsBehind market on salaries
    Staff favouritism - opportunities for those favoured by management

    Advice to Senior ManagementMD should consider reviewing marketing team with a view to restructure or remove one individual which would increase Staff morale

    Senior management should step up when they are aware of unethical behaviour by other senior members not ignore it

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    2 people found this helpful  

    Worst company in financial services

    Account Analyst (Current Employee)

    ProsCBD location
    Not too bad company for someone who can't find job somewhere else

    ConsVery low pay
    Lack of support from management
    High bureaucracy.
    High office politics and the worst office culture I have ever seen
    Most people are settled and have no ambition
    Young ambitious talents are all looking for another job because they are not appreciated.
    Factory like working environment
    Stressful but very boring jobs
    Allowance is a joke
    Exploit interns with no intention to keep them.

    Advice to Senior Managementplease show appreciation for analysts who actually work hard to run the company.
    Review the salary at least to match the competitors' average to keep your talents

    No, I would not recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    2 people found this helpful  

    Account Analyst Fund Operation

    Account Analyst (Former Employee) Sydney

    Proslarge global company
    good for people who have little ambition

    Conslow pay
    high turnover
    boring job
    factory like

    Advice to Senior Managementoffer competitive salary

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Financial Reporting

    Financial Specialist (Former Employee) Sydney

    ProsThe initial learning was intense and interesting.
    Had a great team at that time who worked well and supported each other.

    ConsLong hours
    Low base pay
    Reward programs was a joke
    Lack of appreciation shown by management.

    Advice to Senior ManagementTreat your staff better and show more appreciation, especially when they go above and beyond their job description.
    Provide more transparency in regards to the rewards program and provide feedback on how and why that particular grading was given and this relates to the rewards.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Account Analyst Sydney Australia

    Anonymous Employee (Current Employee)

    ProsFinancial market oriented, training, CBD location

    Conslong hours work, deadlines, analytical

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Do well to get well

    Anonymous Employee (Current Employee)

    ProsOpportunities are plenty to move around

    ConsLong hours, little work life balance

    Advice to Senior ManagementLearn from mistakes

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    The worst company to work for

    Analyst (Former Employee) Sydney

    Prostraining is good
    city location
    good start stepping stone

    Consthey treat you like a number
    very bad culture
    pay is very low

    Advice to Senior Managementtreat your employees well

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    boring job with low pay; no career future

    Associate (Current Employee) Sydney

    Proseasy job, no stress and good company location

    Consculture is slow and lack of innovation

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Poor compensation, hierarchical, low morale, high turnover of staff

    Anonymous Employee (Former Employee) Sydney

    ProsNot a bad stepping stone into the world of finance if you have no prior experience. Globally recognised employer / organisation. Possibility of getting broad exposure.

    ConsSome depts can work long hours with low pay. Low morale among staff and hence a high turnover. Disgruntled staff feel under appreciated. Beurocratic environment. Unwillingness among departments to take on responsibility and work together can be frustrating. Apathetic middle management.

    Advice to Senior ManagementImprove pay. Encourage communication among departments. Incentivise and motivate staff. Realise that people are key to an organisation. Cross train.

    No, I would not recommend this company to a friend

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