5.0
Apr 7, 2011
Current employee
Boston, MA
Recommend
CEO approval
Business Outlook
Pros
They have an outstanding benefit package, strong upper and mid-level management, and you are valued as an employee. Communication lines are open between all levels of management an employees and even in difficult periods for the company, management does what it can for its employees. They are always tops in terms of technology giving employees the best tools in the industry with which to work. Promotions come primarily from within.
Cons
Compensation at State Street is low compared to competitors which leads to high turnover levels among lower level employees. The lack of continuity can become difficult for first line managers in maintaining operational standards.