Absolute horrible company - Vice President State Street Employee Review

1.0
Dec 31, 2023
Recommend
CEO approval
Business Outlook

Pros

Big company w HUGE headaches. You get to learn the frustrations of a big messy organization.

Cons

1. they let go employees at the end of the year to avoid paying standard and performance based bonuses. I have seen excellent employees with due great bonuses get laid off during December. 2. Benefits absolutely sucks. Even the top tier plan has multiple huge deductibles. Absolute garbage. 3. Pay way below market salary. 4. NO training, you supposed to figure it on your own using misguided documentation that widely incorrect, outdated, flat out poor. 5. Many SVPs and MDs are egotistical and or narcissistic. They believe they own the company and have no problem been horrible working with. These people really kill the company. 6. Your work experience and skills means nothing. No bonus, no mutual communication, no team collaboration, nothing. You get basic emails with poor communications. My strong advice, don’t leave your current job for this place, even if it might make you a bit more money. The frustration is not worth it. ONLY join if you unemployed and in need.

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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