State Street reviews

Soul-crushing if you let it get to you. Burdened by layers of bureaucracy, ‘process management’ and cost cutting. Constant change — including clockwork reorgs and layoffs — leave many feeling unsettled and hopeless. Employees bear the brunt of sub-par technology, laughably low budgets and endless scrutiny that multiplies the time it takes to do anything. Very little ethnic diversity at the EVP and C-levels. Hollow talk about values and work life balance is undercut by brutal ‘steamroller’ executives who do not seem to value or consider the voice of their teams, making absurd requests that have no bearing on the realities of what’s possible. On top of that, flat salary and ‘merit-based’ compensation for years on end wears thin. Many end up ‘donating’ countess hours every year.

1) Expect to work long hours for low pay. Bonuses are low. There's employees that have been here years with no raises. 2) Expect management to gaslight you by giving you a very heavy workload that requires overtime, then berate you for working overtime. 3) Management loves to routinely screw up in major ways then put all the blame on their subordinates. 4) Technology is incredibly outdated. We use software that looks like it was built in the 90's then never updated since. 5) Little to no opportunities for career growth. 6) Turnover is incredibly high for these reasons, and the employees left are improperly trained and/or not well-fitted for the job.