Millennials at State Street | Comparably
State Street Claimed Company
At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future. read more
EMPLOYEE
PARTICIPANTS
324
TOTAL
RATINGS
2138
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Millennials at State Street

Millennials at State Street grade their overall culture a F; also rating it 49/100, 9 points lower than State Street's overall culture as rated by all 324 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at State Street think their company is performing well in are: CEO Rating (C-), Manager (D+), and Leadership, (D+).

Work Life Balance & Community Outreach at State Street

Millennials working at State Street and everywhere else are striving for a balanced life. At State Street, most employees are satisfied with their work life balance. The average State Street employee receives 20-30 paid days off per year, and socializes with their peers once a quarter outside of work. See what employees at State Street think about their work life balance.

AnswerPercent
Yes100%
No0%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited33%
20-30 days67%
15-20 days0%
10-15 days0%
0-10 days0%
How much paid vacation and sick days can you take a year?
AnswerPercent
Weekly0%
Monthly0%
Sometimes0%
Infrequently0%
Never0%
How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at State Street

Within Boston, 41% of millennials shared they have a mentor. At State Street, 33% of millennials say they receive mentorship, which leads to the assumption that State Street is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at State Street.

AnswerPercent
Yes33%
No67%
Do you have a mentor at work?
AnswerPercent
Yes0%
No100%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at State Street

Employees at State Street have ranked their perks and benefits in the Bottom 20% of companies within Boston and in the Bottom 25% of similarly-sized companies on Comparably. When asked to estimate how much employees think State Street spends on their benefits, the most common answer selected is $1500 - $2500/mo. If State Street employees had to select an additional benefit not already provided it would be gym/health club membership. Learn about perks & benefits at State Street.

AnswerPercent
Yes52%
No48%
Are you satisfied with your Benefits?
AnswerPercent
Yes33%
No67%
Do your company's benefits play a part in staying at that company?
AnswerPercent
Paid Time Off0%
Career Training0%
Decision Making100%
Fun Culture0%
Retirement Contribution0%
What Doesn't Your Company Provide, that You Want?

Retaining Millennials at State Street

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, State Street employees rate their work life balance a C-. They do not think highly of State Street's professional growth opportunities. Employees have graded State Street's perks and benefits a D+. These ratings and reviews lead us to conclude that State Street is a suitable company for the millennial workforce. Learn more about State Street's efforts to retain employees.

AnswerPercent
Yes100%
No0%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Yes25%
No75%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
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