Questionable Leadership - Assistant Vice President State Street Employee Review

2.0
May 21, 2014
Recommend
CEO approval
Business Outlook

Pros

Relaxed atmosphere, good benefits. Flex work program allowing for good work/life balance. Opportunities abound if you're a new grad or have limited experience.

Cons

Long-time career not viable. Constant outsourcing and replacement of staff for "cheaper" staff keeps this from being a realistic goal. Upper management puts no loyalty in staff. Constant threat of being replaced keeps moral very low. Little opportunity for growth, especially long -term due to long-term employees always facing outsourcing replacement. Company growth in recent years appears to hinge only on one thing, cost-cutting and replacement of experienced staff - no real corporate growth.

Explore other reviews about State Street

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

2.0
Jun 21, 2026
Recommend
CEO approval
Business Outlook

Pros

The company has a great severence package. Unfortunately thats a pro because they are laying off workers every 3 months until most of operations are offshore. Decent 401k match and vacation.

Cons

Layoffs, pay is low. Return to office mandate.

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