State Street – Long road yo a dead end. Constant changes in leadership and direction causing a short term view on maximizing profit and controling expenses for managements short term profit. | Comparably

State Street – Long road yo a dead end. Constant changes in leadership and direction causing a short term view on maximizing profit and controling expenses for managements short term profit.

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
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Long road yo a dead end. Constant changes in leadership and direction causing a short term view on maximizing profit and controling expenses for managements short term profit.

What did you like most about the interview process?

People are fouthcomming. Dont hold back on the atmosphere.

Why do you feel undervalued and what would make you feel better about your compensation?

Compensation is not ar market. Raises are not longer given.

What's going wrong and how can it be improved?

Stated above. Needs a longer term view and less leadership turnover

What does the leadership team need to get better at?

Long term outlook and vauling employees. Everything is controlled by third party vendors as SSB has lost most of their in-hiuse knowledge base.

What needs to change to make the company culture better?

Company needs to build for the long term. It has a short term profit now mentality which lends itself to the abuse of rules. This is why they are in trouble so mich with the SEC

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