Slave Street - Anonymous employee State Street Employee Review

1.0
10 Feb 2011
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Excellent exposure to portfolio / fund industries

Cons

Where to start? Incompetent middle management, I mean it, extremely incompetent management. Zero, absolutely zero communcation. Zero, absoluately zero effective time usage. Zero, absolutely zero feedbacks. Middle management's existence is to justify their existence. Read that again, middle management exist to justify their value. Absolutely horrific treatment to juniors and associate level employees. Middle management are brain dead over-paid zombies. Middle management love to see their worker bees work 70-80 hrs a week. They will leverage their perceived power on you if you don't do as they want. If you have an opinion, keep it to yourself if you still want to come back for another day. I have yet to mention pay, which is chump changes for the work that they expect out of you. With regards to hours, if you complete your task efficiently and effectively, you will be assigned more mundance work. If you dont' complete your task on time, you will be labelled, zero tolerence, no excuses allowed. Middle management doesn't understand the daily grind of the data system that the associates have to deal with; the only excuse they have is: "everyone does it, so should you". That's all they got for a come back? come on, be more creative. Smart employees would not tolerate circus like this, get out while you still have a functional brain.

Explore other reviews about State Street

5.0
23 June 2026
Recommend
CEO approval
Business outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

4.0
29 June 2026
Recommend
CEO approval
Business outlook

Pros

Decent work life balance and decent PTO

Cons

Pay could be better and the workload can be a lot at times

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