-31
eNPS Score
Q&A With State Street Employees
From technology and product innovation to corporate responsibility and community development, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people – strengthening markets, building communities and creating opportunities for growth. We owe that longevity to the commitment, expertise and creativity of our employees. Our continued success depends on our ability to attract and develop the best talent in the industry. That’s why we’re keenly focused on employee development, corporate citizenship and inclusion. For us, success comes in the mark we make as an organization – for the industry, our clients, our communities and each other.
How employees describe working at State Street
Dirty politics start from VP level up to CEO level, Management is totally blind & they don't rely on employees, but they pretend to be people oriented but they are not, & HR act on directions of Operations management, so they are good for nothing.
They should be willing to work more collaboratively.
All good here, very engaging
Always supportive and encourage career advancement
In person conversation when working on projects etc.
What it's like to work at State Street
- State Street employees generally work 9.3 hrs a day
- Employees at State Street report the work pace is extremely fast
- 62% of State Street employees look forward to interacting with their team every day
- State Street employees typically get valuable feedback on how to improve at work Once a year
- 53% of State Street employees call their work environment negative
Q&A With State Street Employees
IDX: 25 TOT: 41
What's the office layout like at State Street?
The new office in Boston is open concept. There are no longer cubes and you will see rows of employees working. Getting an office is rare. Often many Vice Presidents do not get and office and may have a seat next to entry level staff.
How long do the interviews usually take at State Street?
30 min
How do I do well in an interview at State Street?
Know what you are talking about and make sure to show up prepared.
How would you describe your overall experience interviewing at State Street?
The interview process was pretty easy. If you know what you are doing, you have a good chance of getting a job.
What's the vibe like in the Finance dept at State Street? How many hours are you working?
It’s stressful. With more and more layoffs, teams are forced to handle an increasing work load that is unsustainable. More work leads to more hours. I work approximately 60 hours a week.
What's the Finance team like at State Street?
It varies. With such a large company you have a wide range of employees. There are exceptional employees that continue to improve themselves and work hard, then there are people who won’t carry the weight of the team.
How's the leadership on the Finance team at State Street?
Leadership is only concerned about shareholders and the bottom line regardless of the negative impact on their employees. Not many people are happy with management. More than one employee engagement surveys have been kept under wraps due to the abysmal ratings by employees.
What's the pay like for Finance roles at State Street?
State Street pays employees less than other companies in the Boston area. Any position where someone is highly compensated is usually eliminated then replaced by someone who earns less. Couple this with little to no raises (multiple years of no raises or raises less than 1%) and the gap between State Street employees and their equivalents in Boston grows even wider.
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What do employees at State Street think about their benefits?
State Street employees rate their overall benefits a D+ and most of them think the perks are Neutral. 52% of State Street employees say they are satisfied with their benefits. The majority of employees also get 20-30 days of paid vacation.
How's career growth and advancement at State Street?
0% of the same employees also feel like State Street is invested in their career growth. On average, majority of employees do not have a mentor to help them navigate their career at State Street.
How are the managers at State Street?
State Street employees rate their manager a C or 64/100 and the majority believe their manager truly cares about them as a person. Most of the employees (67%) also feels pretty comfortable providing negative feedback directly to their boss.
What's the pay like for employees at State Street?
State Street employees rates their pay and overall compensation a D or 53/100. 42% of employees believe they are paid fairly and 33% of employees get raises every year.
Curious about what work's like at State Street?
Anonymously Ask State Street Employees Any Question
Should I work at State Street?
26% of State Street employees would encourage their friends to become coworkers, whereas 17% are neutral and 57% would not recommend working at State Street to their friends.
| 26% | Promoters |
|---|---|
| 17% | Passive |
| 57% | Detractors |
