State Street Reviews | Glassdoor.com.au

State Street Reviews

Updated 26 Jun 2019

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Found 3972 reviews

3.0
StarStarStarStarStar
Rating TrendsRating Trends
48%
Recommend to a Friend
42%
Approve of CEO
State Street CEO Ronald O’Hanley
Ronald O’Hanley
107 Ratings
  1. "Fund Accountant"

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

    I worked at State Street full-time

    Pros

    Friendly colleagues and good social events

    Cons

    Outdated software and practices, poor starting salary

    State Street2018-07-22
  2. "Client service specialist - Assistant Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at State Street full-time

    Pros

    Can not think of any

    Cons

    Bad management; low salary comparing to similar role; limited new knowledge

    Advice to Management

    Too many people not performing

    State Street2018-05-17
  3. "Senior Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at State Street full-time for more than a year

    Pros

    Great place to work, good culture.

    Cons

    Poor salary, but OT is well paid.

    State Street2017-12-28
  4. "Asistant Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at State Street full-time for more than 8 years

    Pros

    Great Place to work in my view

    Cons

    None to think off for now

    Advice to Management

    None as its a good management team

    State Street2017-11-08
  5. "Manager representative"

    StarStarStarStarStar
      Former Employee - Anonymous Employee 

      I worked at State Street full-time

      Pros

      Good start to have career in bank industry

      Cons

      The salary is lower than the other company in bank industry

      State Street2017-10-25
    • "associate 1"

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

      I worked at State Street

      Pros

      people are nice there friendly

      Cons

      Long ot is hours. no time for lunch

      State Street2017-10-06
    • "Client Service Manager"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Client Service Officer in Sydney
      Doesn't Recommend
      Positive Outlook
      Disapproves of CEO

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

      Pros

      Good for a couple of years for inexperienced professionals. Potential to transfer to offices overseas. Lots of learning opportunities. All

      Cons

      Long hours, low pay, very stressful,only a select few get rewarded and recognized , very political, very hard to get things done as departments don't work effectively with each other, the good employees usually leave , senior ops mgmt.tend to get it wrong more often than not.

      Advice to Management

      Reexamine your employer evaluation system as too many employees are focused on "getting their name out there" that the daily BAU gets neglected and overall client service deteriorates.

      State Street2017-09-22
    • Helpful (1)

      "Sales Trader"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Anonymous Employee 
      Doesn't Recommend
      Positive Outlook
      Approves of CEO

      I have been working at State Street full-time

      Pros

      Good exposure to research, trading, clients and large institutional flow across rates and FX

      Cons

      Nepotism, Cronyism, Lack of sophistication, archaic risk and operational systems, never ending admin

      Advice to Management

      Stop hiring credit analysts and promoting them to PM roles when they have no experience. Get rid of the nepotism and bullying culture.

      State Street2017-08-12

      State Street Response

      August 30, 2017State Street

      Thank you for sharing this with us. We encourage you to escalate your concerns. Go to the Corporate Compliance community on the intranet and search for the “Speaking Up Resources” document to learn the best course of action. -State Street

    • Helpful (1)

      "Client service associate"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Client Service Specialist in Sydney
      Doesn't Recommend
      Neutral Outlook
      Approves of CEO

      I have been working at State Street full-time for more than 3 years

      Pros

      Suit for fresh starter, exposure to custodian market, remote working allowance. More chance to work overseas as global career opportunities

      Cons

      Low pay and old school culture, poor training system and hard to get promoted. No incentive for people to work stable there and high turnover rate

      State Street2017-07-27
    • "associate 2"

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

      I worked at State Street full-time

      Pros

      good environment career progression learning opp nice building gym meal taxi overtime payment was good too location

      Cons

      overtime late night hard work bit hard to balance work and life since you are required to work til late many days

      Advice to Management

      happy mostly. no other real downsides other than lack of comp

      State Street2017-05-17
    Found 3972 reviews