State Street Employer Reviews

Managed 30 Contingency Plans encompasing 3,500 employees across 20 different geographical locations. Directed continuity events during business interruption. Partnered with business units to ensure testing of the continuity standards were in compliance with corporate and federal standards, receiving top audit ratings past 3 years. Successfully managed – more... application testing, alternate site and limited staffing excercises. Improved relocation sites but condensing space and upgrading equipment. – less

I was thankful to have a job post-college. This was a good company to start in, as it allowed for me to get some corporate experience. It wasn't what I ultimately wanted to do though, so I started studying for actuarial exams while I worked there, and eventually was able to leave and pursue other interests.

Primary responsibilities included financial analysis, budgeting, and forecasting for the State Street Global Advisors Information Technology department. Most of the work was done using financial software and Excel.
It was a privilege to work under strong leadership of senior management, in very open, professional, and fun environment.
The most challenging – more... part was learning to use new financial software in short time period. – less

I see things that say State Street is a great place to work. That must be the PR people that are saying that. State Street reduces the workforce about twice a year and have sent most entry level jobs to India. How is this helping our economy recover?? The people that are left either have no clue what they are doing besides hitting buttons or don't care. – more... People are overworked and have no life outside of work. The people I work with work nights and weekends and this is normal and expected because they have to redo the work done by India if they want to keep having a paycheck. – less

Great company
Great co-workers
Very supportive manager
Great learning opportunity

I have been working in State street as Wipro Consultant for more 2 years. I worked in Transaction management analysis team. All of my co-workers are really helpful. i have learned so much from working in state street

Workload can vary on a daily basis.
Great work/life balance.
Low entry pay.
Happiness can vary depending on group.
If you do work hard, it can pay off, but takes a long time.

Worked here for a year, friendly staff all around yet no incentive to stay long term. Management should place more emphasis on the ideas behind processes and procedures, rather than simply having employees "push buttons." Great place to launch a career however the salary for fund accounting is relatively low industry wise. Very thankful for my time – more... here but glad I got out when I did. – less

Good place to do an internship or to have as a first job. It's a resume builder.

To all that desire to work for State Street, you must understand that it a great place for those that possess strong will for excellence, but understand the limits of your influence.

Its great for those that seek to gain certain level of experience or a bullet point. Do not expect for yourself to fly through the levels, but rather become content on – more... the things that are being offered. Enjoy the work you are doing, but yet realize its limitations.

Its a culture that is about, just getting the job done well and limit or eliminate any errors that your could foresee. Your goal as an employee, is to do the job that is required of you and little more. Seek to build relationships, so that your communications and understanding of your direct group are influenced by maintenance at a high level of excellence.

The technology that is being used is strong for maintenace, not resounding for growth, but more is in store for the future.

More experience professional with gather this quickly and focus inwardly to insure immediate managed task are flawless or elevated.

It is a big brother scenario in all that it encompasses. Get the job done well or it will be discovered and addressed immediately.

Great place if your understand your limits and seek to maintain excellence. – less

The employees at State Street are some of the hardest working, motivated and success-driven people that I have encountered. The culture is collaborative and optimistically forward looking. There have been many changes to the organization over the last several years that have negatively impacted job security, but senior leaders try very hard to communicate – more... organizational changes and impacts to employees openly and often. The employees are top notch and some of the best you will find in the industry. – less

Standard Cubicle Workplace
Good People
Great Location
Good benefits but somewhat low compensation
High Turnover

State Street is a great place to start and and bad place to finish.

Mostly cash reconciliation. More enjoyable part work on Excel with different financial reports and help manager with different projects

I dont feel there is any job security with the company. Moving up the corporate latter seems nearly impossible.

Benefits are generally good and salaries are competitive, but the economic climate in recent years has left many without a pay raise several years in a row (as of 2013). Large performance reviews are conducted bi-annually, and smaller reviews are conducted on a project-by-project basis. State Street has made a significant effort to push flex hours and – more... telecommuting, which is evident in the culture. It's not uncommon to see 50% or more of the office working from home on Fridays. – less

OK. Coworkers are good. Not much else.
One of the oldest cities in the United States, Boston was founded on the Shawmut Peninsula in 1630 by Puritan colonists from England.[12] It was the scene of several key events of the American Revolution, such as the Boston Massacre, the Boston Tea Party, the Battle of Bunker Hill and the Siege of Boston. Through – more... land reclamation and municipal annexation, Boston has expanded beyond the original peninsula. After the coming of American independence the city became an important port and manufacturing center, and a center of education and culture as well.[13] Its rich history helps attract many tourists, with Faneuil Hall alone attracting over 20 million visitors.[14] Boston's many "firsts" include the United States' first public school (1635),[15] and first subway system (1897).[16]

The area's many colleges and universities make Boston an international center of higher education and medicine,[17] and the city is considered highly innovative for a variety of reasons.[18][19] Boston's economic base also includes finance,[20] professional and business services, and government activities.[21] The city has one of the highest costs of living in the United States,[22] though it remains high on world livability rankings.[23] – less

Everyday was the same at State Street because we processed investment transactions and followed specific guidelines. I learned a lot about the securities industry from how companies invest and what they invest in.

Benefits are OK, but depending on department can be a very negative work environment

Planning and prioritization my day with multiple tasks
Effective communication and being flexible.
Enjoy working in a group environment but at the same time working independently
Constant change
Working independently with little or no supervision, staying busy and working on projects