State Street Reviews

Updated 1 Aug 2020

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3.5
39%
Recommend to a Friend
0%
Approve of CEO
State Street President and CEO Ronald O’Hanley
Ronald O’Hanley
1 Rating
  1. "Cares about employee development"

    5.0
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     in Sydney
    Recommends
    Approves of CEO

    I have been working at State Street

    Pros

    State Street as a company encourages growth and development. While working for State Street (in relatviely junior roles) they have taken me from working in London, to the headquarters in Boston and now to Sydney (my original home). I now have a regional role in a field completely different from what I started my career in and this is all down to the development opportunities I have been offered. My manager is supportive in terms of flexibile work arrangements and I currently have the option to vary my start and finish times, work from home and compress my work week when neccessary.

    Cons

    As it is a global company, and as I work on global initiatives, there can be days with long hours, especially when dealing with global conference calls. Unfortunately the Asia time zone always seems to come out worst! Mindsets can be very Boston-centric at times with many initiatives having a strong US bias. Turnover can be a bit of a struggle in Asia, having a knock on effect - the worse it gets, the harder it is for other staff members to keep on top of things, leading to more turnover. That said, it does create opportunities for others who want to move upwards.

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  2. "Good"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - AVP-IT in Singapore
    Approves of CEO

    I have been working at State Street full-time for more than a year

    Pros

    Good company to work with.

    Cons

    I don't see any reason to write cons


  3. "State Street"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Client Operations Associate in Kansas City, MO

    I worked at State Street full-time

    Pros

    Loved the people I worked with. Fun environment.

    Cons

    Tedious work. Great first job though!

  4. "Fund Accountant"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Fund Accountant in Dublin, Dublin
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

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

    Pros

    nice team and great place to start as graduate

    Cons

    lack of career progress opportunities bad management

  5. "Highly organized and team playing Executive Assistant."

    5.0
    Former Employee - Senior Associate in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Inclusive, flexible, collaborative, diverse & Training

    Cons

    State Street has many rounds of layoffs.

  6. "Very Good Company"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant Manager in Hyderābād
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street full-time for more than a year

    Pros

    Flexibility at work place - very good working environment- Good work-life balance

    Cons

    No cons as per now.

  7. Helpful (1)

    "Good company to work with in terms of benefits provided"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate in Hyderābād
    Recommends
    No Opinion of CEO

    I have been working at State Street full-time for more than a year

    Pros

    1.Sodexo or RS.1500 is paid apart from Salary. 2. Free 2 way transportation ( Cab) 3. Night Allowance will be paid ranging between Rs 100 to Re 440 per day 4. Nice Campus

    Cons

    1. Work pressure and sometimes need to work overtime 2. No Rewards and Recognition program 3.Need to report to multiple persons which creates confusion 4. Difficult to understand the End to End cycle of a process as multiple areas are outsourced.

  8. "A good place"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Singapore
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street full-time

    Pros

    Global overviews and techs are helpful for tech guy

    Cons

    Involve slowly on pioneer technology

  9. "Derivative Operations"

    3.0
    Former Employee - Senior Associate in Irvine, CA

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

    Pros

    - PTO, WFH, Free parking, Good location, Challenging industry

    Cons

    - limited mentoring and growth opportunities; figuring stuff out on your own

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  10. "Associate Experience"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Fund Administrator, Associate I in Clifton, NJ

    I worked at State Street full-time

    Pros

    One-hour lunch, flexibility, ability to learn.

    Cons

    The corporate hierarchy is hard to move up unless you apply internally for higher positions. Compensation at the associate level is low and increases arent very much.

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