State Street Employee Reviews
Out of 155 State Street employee reviews, 58% were positive. The remaining 42% were constructive reviews with the goal of helping State Street improve their work culture.
What does the leadership team need to get better at?
Need to stop pretend that they are people oriented
By communicating and not giving one individual on the team, the 30 to make all the decisions
Talk to the employees who are actually doing the daily work
Long term outlook and vauling employees. Everything is controlled by third party vendors as SSB has lost most of their in-hiuse knowledge base.
Connect with organization. Plans are not inline to reality
Why do you feel undervalued and what would make you feel better about your compensation?
Change the company since management of State Street is worst and HR are more worst
State street pays below market average for similar positions, has lackluster benefits, and doesn't care in the slightest. If they really wanted to make peoples' lives better, they'd read the writing so plainly on the wall.
Pay the market rate and reward high performers.
All the work is outsourced to india....and our colleagues in india dont stay for long. So we are constantly training new coworkers and doing the work of 3 to 4 people. No work life balance if you are salaried. Company has generous holidays but that means more work for u when someone is out..
I would like to be paid more or given less respsonsibility if i didnt get paid more. I do more and am a better employee than others and i know i make less
What do your coworkers need to improve and how could you work together better?
They should be willing to work more collaboratively.
I either don't care about or actively loathe my coworkers, and I know they feel the same about me. Management is out of touch with the modern world and refuses to accept any criticism revolving around that very obvious fact.
Cross functional collaboration and tranparency from leadership
No performance culture - everyone knows it's just a job. People adapt to the chaos by developing bad habits: pushing work onto others instead of contributing, pointing fingers, having a passive attitude about improvement. My offshore coworkers are the low bidder for the job and bad at it.
Need to educate themselves and expand skill set
What needs to change to make the company culture better?
Management Need to be change especially Indian Management
More attention needs to be made to the individual and less to the bottom line.
Stop the outsourcing or atleast be able to retain the people hired in India.
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
More staff to be hired. Robust technology to be deployed
What would you improve about your company's interview process?
Favourism & Pathetic recruitment team
Streamline amd interview only when there are openings
Have local HR presence and hire quicker so that cross training can take place and not when staff have departed 6 months earlier
What's going wrong and how can it be improved?
People management, Dirty politics, biasness, higher boss having affair with junior staff then giving them advantage, good staff are shown doors, all this need to be stopped
Start paying staff market rates and invest in the staff
Stated above. Needs a longer term view and less leadership turnover
Disconnect between senior management and staff
Everyone thinks State Street is bad and slow at what they do
What would you most like to see improved at your company?
Revenue growth vs cost cutting