State Street Reviews | Glassdoor.com.au

State Street Reviews

Updated 19 Sep 2019

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Found 4128 reviews

3.1
StarStarStarStarStar
Rating TrendsRating Trends
49%
Recommend to a Friend
49%
Approve of CEO
State Street CEO Ronald O’Hanley
Ronald O’Hanley
163 Ratings
  1. "Client service"

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

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

    Pros

    Great training and team culture

    Cons

    Long hours No work life balance

    State Street2017-02-02
  2. Helpful (1)

    "State Street in Sydney"

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

    I have been working at State Street full-time for more than 8 years

    Pros

    Flexible work arrangement options like work from home, job sharing, compressed work week are available to staff, depending on the work nature.

    Cons

    A lot of operations work has moved to offshore locations like India and China, Lower pay compared to the market, senior management politics.

    Advice to Management

    Please reward high performing staff who are loyal to the company and give them a salary adjustment to meet the market salary level.

    State Street2017-01-10
  3. Helpful (1)

    "bad"

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

    I worked at State Street

    Pros

    relaxed culture good work environment room to grow good development work life balance

    Cons

    low pay early starts low bonus rude management asian culture

    State Street2017-01-16
  4. "Senior Account Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Sydney
    Recommends
    Neutral Outlook

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

    Pros

    It is a good place for people without experience to start and learn. There are opportunities to change team internally.

    Cons

    The salary is below average. State street has bureaucratic culture which mean there are too many people in management level.

    Advice to Management

    There should be more opportunities to for staff to learn new task and should encourage teammates to apply for internal opportunities.

    State Street2016-10-23
  5. "Assistant Vice President"

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

    I have been working at State Street full-time

    Pros

    Good people, good work life balance

    Cons

    Terrible bonuses. Treated as a commodity rather than an asset. Limited career growth opportunities in my particular field.

    State Street2016-09-26
  6. "Good opportunity to gain industry experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst 
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at State Street full-time

    Pros

    Global name, Collaborative team environment, Fun, decent overtime payment, Internal training, Job shadow opportunity, lots internal opportunity, good location with shopping centres around

    Cons

    Juniors are not paid well, promotion not fully justified, structural change happen quicky

    State Street2016-09-01
  7. Helpful (5)

    "Avoid if you can"

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

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

    Pros

    Large company so possibility of international moves. Good location in cbd. Free fruit on Tuesday's and Thursday's.

    Cons

    Ridiculously long hours are the rule and not the exception. Those who are willing to just accept that will get praise, those who refuse to give up their life when State Street says jump will be shunned. Lower pay than most competitors. Terrible middle management with no leadership qualities. Never experienced a lack of communication quite like it after 8 years in the industry. No training. Unbelievable rate of staff... turnover. Severely under resourced. Consistently failing technology. Offshore IT support in different time zones make the simplest of issues drag on for days. Offshore processing means many errors leading to constant apologising to clients.

    Show More

    Advice to Management

    Remunerate effectively. Listen to constructive feedback and take it onboard. Implement strong procedures. Most importantly communicate!

    State Street2016-08-10
  8. Helpful (1)

    "State Street Custody"

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

    I worked at State Street

    Pros

    Flexible Warm environment Great place to learn

    Cons

    They pay is way too low

    Advice to Management

    Increase salaries and you will attract the right talent

    State Street2016-05-26
  9. Helpful (2)

    "Account Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Account Associate in Sydney
    Doesn't Recommend
    Negative Outlook

    I worked at State Street part-time for less than a year

    Pros

    good location in the center of CBD

    Cons

    limited training, bad working environment, technology issues

    Advice to Management

    improve the working culture. Be more cared about people

    State Street2016-03-15
  10. "Accountant"

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

    I worked at State Street full-time for more than 5 years

    Pros

    Strong team environment. Supportive and flexible management support. Variety of responsibilities. Good benefits.

    Cons

    Chop and change easily on processes... Whilst change is good, there was a period when there was too much change.

    Advice to Management

    Remain flexible, approachable and consider consistency.

    State Street2015-12-17
Found 4128 reviews