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State Street Reviews

Updated 17 January 2019
3,707 reviews

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3.1
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Ronald O’Hanley
6 Ratings

Employee Reviews

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Pros
Cons
  • "No work/life balance, pay is not competitive" (in 122 reviews)

  • "Long hours and can be stressful at times (like most jobs)" (in 185 reviews)

More Pros and Cons

  1. "AVP"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in Dublin, Co. Dublin
    Current Employee - Assistant Vice President in Dublin, Co. Dublin
    Recommends
    No opinion of CEO

    I have been working at State Street full-time (More than a year)

    Pros

    Excellent company to work for with flexibility on work times etc

    Cons

    busy and aggressive environment for some teams


  2. "Senior Associate client services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at State Street full-time

    Pros

    Great work life balance and flexibilty.

    Cons

    Lack of involvement from senior management.

  3. "Salary structure"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Transfer Agent in Dublin, Co. Dublin
    Current Employee - Transfer Agent in Dublin, Co. Dublin
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street full-time (More than 5 years)

    Pros

    Good and multicultural environment to work

    Cons

    No real path for employee to immerse into the company’s overall structure.

    Advice to Management

    Integrate the teams better for cross learning and better people management.


  4. "Nice place to start"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    No opinion of CEO

    Pros

    Great Environment
    No pressure
    Solid business
    Nice work/life balance
    Nice Values

    Cons

    Too automatize
    Redundant job
    No opportunity to grow fast
    Low compensation
    Lack of initiative

    Advice to Management

    Take care of employees who create and bring value


  5. "Researcher"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Researcher in Dublin, Co. Dublin
    Current Employee - Researcher in Dublin, Co. Dublin
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at State Street full-time (More than a year)

    Pros

    Freedom to work on your own projects

    Cons

    Undervalued and when meeting with senior management they do not know what you are working on

    Advice to Management

    Pay attention to your employees we are not just nymbers


  6. "Associate 1 fund accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate I in Drogheda
    Former Employee - Associate I in Drogheda
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at State Street full-time (More than a year)

    Pros

    Great starter job as a graduate and great location in Drogheda and SJRQ. Opportunities to advance to associate 2 or supervisor available with hard work

    Cons

    Apparent that a number of colleagues did not understand the fundamentals of what they were doing.

    Did not feel comfortable asking questions for fear of backlash

    Favoritism around holidays and difficult to get days around holiday seasons

    Advice to Management

    Please provide proper support and training to new starters. I might have decided to stay longer than a year and gain more experience in the area if this was done.


  7. "Operations Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at State Street full-time

    Pros

    There is not a lot of pros to working here - Impossible to get salary raise, bad atmosphere, no new growth opportunities, maybe good for learning at entry level

    Cons

    Impossible to get salary raise, bad atmosphere, no new growth opportunities, maybe good for learning at entry level. Would not recommend, if you do join go for a YEAR AT START OF COLLEGE TO GET EXPERIENCE AND THEN GET OUT

    Advice to Management

    No advice needed - it is what it is - same across the industry - back office BS - management could prob do a better job to make a more enjoyable culture but that's about it

  8. "Client Operation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at State Street full-time

    Pros

    They pay salaries that are reasonable, albeit at the Rock bottom lower end of the scale compared to competitors.

    Cons

    Hard nosed ruthless machine. You are a number. Not a person. Short term thinking. No interest in building a good organisation. Non sincere commitment to gender diversity and equality, but they interested in creating a perception they are for the economic benefits.

    Advice to Management

    Develop your people. Take an ethics course. Discover what it means to be human. Focus on long term value. Move away from stepping and stamping on all in your way and chopping people down as you ride it out for the few years to retirement when it becomes someone else's problem. It's poor for all stakeholders. Develop young women into leaders rather than appoint women to roles because they are women. A lot of poor performing females dragging the rest down.


  9. "Senior Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate in Kilkenny
    Current Employee - Senior Associate in Kilkenny
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at State Street full-time (More than 10 years)

    Pros

    VHI is 75% covered including family.

    Cons

    Extremely sparing with payrises. Promotional opportunities vary greatly between Depts. Slow to replace lost staff. Existing staff expected to absorb new business.

    Advice to Management

    If State Street insist on trying to taking on all new business available, which seems to be the case, then recruitment must keep pace with that policy.


  10. "Good place to start"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate II in Kilkenny
    Current Employee - Associate II in Kilkenny
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at State Street full-time (More than a year)

    Pros

    Flexible hours/working from home options. One of few companies outside of Dublin. Option to move around internally to gain exposure to different areas.

    Cons

    Poor pay in comparison to other FS companies. Promotions based on time served rather than performance, too many low level, clueless 'managers' as a result

    Advice to Management

    Focus on retaining your staff, make salaries competitive, get rid of so many middle management levels and stop relying on associates to run the show.