Overall reviews at State Street
There is a great feel of Global inclusion. Every team works together to meet deadlines. Co-workers are friendly.Hardwork and initiative is needed at all times to meet the needs of Clients.
Management and training are none
At the beginning I was OK with working on my own initiative but
after a while I realised that there was very little job specific training
and that management wasn't accountable for my development. Managemnet is a joke; they know how to enjoy the benefits of flex work which mainly applies to them and do as little as possible to get
involved with their teams.
ConsManagement, training, salary, well being
Monotonous, dull and not fun
The job is the same every single day and lack of management expertise to try and ethuse workers through the daily grind. No encouragement or thank you on a job well done or helping others out. Selfish mentality in the work place with everyone looking ot shift blame. On the plus side it is ocated near town and transport is accesible.
There is a lack of enthusiasm in the work place and no drive for advancement.
ProsCasual Dress, food is inexpensive
ConsPoor moral, Lack of communication, No consistency
Not for me
Even though I opted for State Street for a reasonable salary, I soon discovered that this job was not for me even though the Management were very accomodating
Nice people, good job security
Since starting at State Street I have learned a lot about the financial services sector.
A typical day involves replying the client and internal queries. We also prep files on a monthly basis to prepare for quarterly filings to various financial authorities throughout Europe and the United States of America. On a day to day basis outside of the busy filing months, it can be quite mundane and methodical. There is also not much contact with people outside of the company except for occassional client calls or emails.
The management are extremely nice and have made sure that I am making the most of my time with the company. I have learnt a huge amount from them about the sector, and it is knowledge that I believe will stand to me for the rest of my career.
The most enjoyable part of my job is during the filing month when I can see all the work I have prepped over the previous few months come together. It is satisfying to finally see it all come together. However this time is also the hardest as it involves extremely long hours that can be quite challenging.
ConsLong hours during filing months
Nice people to work with
I find State Street has been a good first step in financial services however can be difficult to progress within the company. Also the pay is not very good in comparison to other financial institutions.
Busy professional standard, every day learned new things, management could improve. plenty of work night out. beating deadlines at busy periods. When work was completed without judgement
Conslong hours in April and August
Good place to work. Interesting work. Different challenges everyday. Allows you to learn different skills everyday. Friendly place to work. Lots of different roles within the company
ProsNot far to travel to work
Horrible work hours, management and attitude to workers. Stressful for the sake it, work throughput would be a lot better if they maintained a happier workforce. Procedural documents only upside.
ConsWork life balance, attitude to workers
Intense, challenging and rewarding
A typical day can range from 8-11 hours of action packed learning, decision making and prevention control.
This is a challenging job which gives a great sense of achievement.
I have learned that I am capable of far more than I would have given myself credit for. I have learned that the more expected of you the more you achieve.
The toughest part of the job is only being as good as your last decision and working in an environment that is not team focused but more me/I focused.
Most enjoyable part of the job is the amount of work you complete and the pace at which you work at. You have a great personal sense of achievement each day.
ProsSalary and location
ConsLong days, high intensity, turnover and burn out rate
you will have responsibility for implementation, consulting, training and premium services. You will ensure that we have a consistent and successful delivery model to support a broad range of engagements types from small projects to multi-year roll-out and change programs. You will drive organic business growth by leading expansion of existing customers and supporting the Sales team in new customer acquisition. You will have a critical role in the direct engagement of our customers and creating a scalable organization that supports our growth
Often referred to as "SlaveStreet"
A wonderful opportunity as a "foot in the door" in the financial industry, however an absolute horrible place to work.
Workload is overwhelming, training is minimal, expectations are high with absolutely no support or communication.
I was not paid for any extra time I put in to get the job done and my direct supervisor was downright abusive.
Vice President of Programs | Boston, MA
| 24 Jun 2021
Not forthcoming with information in a timely manner.
No work life balance to speak of, but they try to pride themselves in it when it really is non- existent. They tried to show support for those not comfortable commuting and working in The office, but they also have an agenda to get x amount of employees back in the office by a certain date, but they don’t disclose that to the employees.
Sr. Management operates like old countries used to, the kings and queens get the riches but the workers and employees are the one’s who do the bulk of the hard work, but they aren’t well compensated for their efforts or the 60 to 70 hour weeks they work for a mediocre salary.
ConsWork you to the bone and then get rid of you.
State Street is a place for Full time employees only, not for contractors.
They treat very bad to the contractors who work with them, Contractors don't get any benefits other than salary and no job security, any time they can ask to leave. They don't treat equally like full time employees. Moreover you work harder or hardest whole day and night but they will not convert you moreover they will ask to leave at this difficult situation like Covid-19.
ProsWork life balance, Flexibility in work hours.
ConsNot good for Contractors, So please do not join State Street as Contractor
Financial services leader that provides excellent career opportunities.
Industry leader. Excellent global experience and ability to take on broad and complex roles. Ability to work in a fast paced and exciting environment that plays a major role in the global financial system.
Senior Finance Associate | Boston, MA
| 25 Feb 2020
Good starter company. It does not provide enough training and the compensation is way over the market average. On the other side it provides good internal opportunities.
Great team to work with
I had a great Coop here. Did some high visibility projects which had a great impact on the way the company operated. They treat you as a full-time employee regardless of the fact that you as a Coop.
Vice President of Finance | Boston, MA
| 4 Jan 2020
Tyipical day at works
Engaging work environment that is collaborative and stimulating. My team and immediate manager are one of the best things about working at state street.
Conslack of salary growth
Depends on your department and division
Best part of the job were coworkers. Magament would shut thier office door and were not approachable or available. Asked for a Human Resotces contact and was instructed to check the corporate intranet site.
Senior Finance Associate | Boston, MA
| 1 Apr 2020
This is where careers go to die. No one is happy, there is zero engagement with upper management, and you will never receive adequate compensation.
Do not work here. You will never feel valued, either on a monetary scale or on a personal level. Very few people get promoted, and there is a good chance your job gets cut to be sent to India. They do not care about you.