1.0
Mar 21, 2016
Former employee, more than 5 years
Boston, MA
Recommend
CEO approval
Business Outlook
Pros
People can be good. Good for people right out of school as probably half the company consists of entry level people. Good place to get exposure to very basic market concepts.
Cons
This is an operations company. If you want to work in a "finance" role look somewhere else. Pay is low, bonuses are low, lots of redundancy in middle management. Benefits are weak. They lay people off every year so you never really feel secure in your job. Culture is toxic and turnover is constant. You'll never hear someone say they're proud to work at State Street and really, most people seem a bit ashamed of it (I know I did). It's a total joke in the industry and everyone in Boston knows it.