State Street reviews

Huge competition exists at every level between old and new employees. The old employees contributed in the past, remained loyal, but don't have nearly the same skillset of the newer employees. You see political games from executive VPs all the way down to the lower level workers battling it out. Mainly the old groups just want to hang on another decade or so. Is obvious. Many new, young employees join State street, and don't last. Is for a reason.

1. Heavy on bureaucracy, too many non-lean processes/ticketing systems. 2. Lack of vision in senior management and leadership, mass confusion and mass exodus from company since last 8-10 months 3. Pays less than most companies in the area 4. No work life balance 5. Due to easy interview process, many incapable employees