State Street Corporation

2.8
 
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Employee Reviews
(Winged ratings measure job satisfaction on scale of 1 to 5)
Anonymous Review Image
"Upward mobility extremely difficult. Come in at the level you want, don't expect hard work being rewarded. Many people in management positions based on tenure and not management skills."
Overall Job Satisfaction:
1.0
Are women & men treated equally?
"No"
Does the CEO support gender diversity?
"yes"
One thing State Street Corporation can improve?
"Improve my compensation"
Recent Salary
$50k-$80k
Recent Bonus
$0-$10k
Level of Flexibility
1
2
3
4
5
Work-Life Friendly Attributes:
Policies
Did you take Maternity leave?
"No"
Would you recommend State Street Corporation to other women?
"No"
Anonymous Review Image
"The environment at State Street remains a boy's playland, especially around the trading floors, which isn't bad on its own, but there is a resistance to feminine ways of working and women are often trying to embody masculine personality traits to be heard and respected."
Overall Job Satisfaction:
3.0
Are women & men treated equally?
"No"
Does the CEO support gender diversity?
"not sure"
One thing State Street Corporation can improve?
"Promote more women into leadership positions"
Position or Department
Senior Associate, Business Intelligence
Recent Salary
$50k-$80k
Recent Bonus
$0-$10k
Level of Flexibility
1
2
3
4
5
Work-Life Friendly Attributes:
Hours, Culture
Did you take Maternity leave?
"No"
Would you recommend State Street Corporation to other women?
"While State Street has failed women from a historical influence of systematic discrimination, the company is actively implementing strategies to better serve its female employees and attract a more diverse entry of employees, so it's a work in progress."
Anonymous Review Image
"I work 8am to 5pm and have made a point to stick to this schedule and set boundaries. However, I see people working many more hours without any benefit to their career advancement"
Overall Job Satisfaction:
3.0
Are women & men treated equally?
"No"
Does the CEO support gender diversity?
"yes"
One thing State Street Corporation can improve?
"Promote more women into leadership positions"
Recent Salary
$80k-$100k
Recent Bonus
$20k-$50k
Level of Flexibility
1
2
3
4
5
"Worst for flexibility is corporate finance; best is human resources"
Work-Life Friendly Attributes:
Hours, Culture, Policies
Did you take Maternity leave?
"Yes"
11 Paid | 1 Unpaid
"Since taking maternity leave 2 yrs ago they've expanded their paid leave. My 11 weeks included vacation time"
Would you recommend State Street Corporation to other women?
"If you come in at a VP and above level there are more opportunities for female advancement"
Anonymous Review Image
"There is a lot of variation in different departments and different locations."
Overall Job Satisfaction:
3.0
Are women & men treated equally?
"Yes"
Does the CEO support gender diversity?
"yes"
One thing State Street Corporation can improve?
"Promote more women into leadership positions"
Position or Department
Vice President (VP), Engineering
Recent Salary
>$150k
Recent Bonus
$20k-$50k
Level of Flexibility
1
2
3
4
5
Work-Life Friendly Attributes:
Hours, Culture
Did you take Maternity leave?
"No"
Would you recommend State Street Corporation to other women?
"Yes"
Anonymous Review Image
"Be careful going on maternity leave, I'm a top performer, but after coming back from mat leave I felt like my career had taken a huge hit and I had to prove myself all over again."
Overall Job Satisfaction:
2.0
Are women & men treated equally?
"No"
Does the CEO support gender diversity?
"yes"
One thing State Street Corporation can improve?
"Improve my compensation"
Position or Department
Assistant Vice President, Marketing
Recent Salary
$80k-$100k
Recent Bonus
$10k-$20k
Level of Flexibility
1
2
3
4
5
"There are work from home opportunities, but you're still expected to be tethered to your desk. They care a lot about the specific times you're at your desk and less about what you've gotten done."
Work-Life Friendly Attributes:
Policies
Did you take Maternity leave?
"Yes"
12 Paid | 0 Unpaid
"They just upped it to 16 weeks, which is incredible, one of their best benefits, but taking it will hurt you."
Would you recommend State Street Corporation to other women?
"No"
Anonymous Review Image
"There is limited room for growth and management is poor. Not in terms of treating women differently than men, but in general."
Overall Job Satisfaction:
1.0
Are women & men treated equally?
"Yes"
One thing State Street Corporation can improve?
"Improve my compensation"
Position or Department
Officer,
Recent Salary
$50k-$80k
Recent Bonus
$0-$10k
Level of Flexibility
1
2
3
4
5
Work-Life Friendly Attributes:
Hours, Culture
Did you take Maternity leave?
"No"
Would you recommend State Street Corporation to other women?
"No"
Anonymous Review Image
"I think most personality thpes can find a place here, but you might have to do some searching along the career "lattice," as State Street likes to call it."
Overall Job Satisfaction:
2.0
Are women & men treated equally?
"No"
One thing State Street Corporation can improve?
"Improve my benefits (e.g. medical, maternity)"
Position or Department
Senior Associate,
Recent Salary
$50k-$80k
Recent Bonus
$0
Work-Life Friendly Attributes:
Hours, Policies
Did you take Maternity leave?
"No"
Would you recommend State Street Corporation to other women?
"Women who want flexible work arrangements will find a good fit at State Street"
Anonymous Review Image
"This was a fine place to get experience, however it was not the best for a career. The pay was low, the hours long, and not a good company culture."
Overall Job Satisfaction:
2.0
Are women & men treated equally?
"No"
One thing State Street Corporation can improve?
"Improve my compensation"
Position or Department
Analyst,
Recent Salary
$25k-$50k
Recent Bonus
$0-$10k
Did you take Maternity leave?
"No"
Would you recommend State Street Corporation to other women?
"No"
Anonymous Review Image
"It's up to your direct manager. Compensation is not great."
Overall Job Satisfaction:
3.0
Are women & men treated equally?
"No"
One thing State Street Corporation can improve?
"Improve my compensation"
Recent Salary
$50k-$80k
Recent Bonus
$0-$10k
Did you take Maternity leave?
"Yes"
12 Paid | 0 Unpaid
"Minimum maternity leave."
Would you recommend State Street Corporation to other women?
"Yes"
Anonymous Review Image
"Great culture to put in the work and climb the ladder. Recognizes issues with diversity (gender included) and is taking steps towards improvement. "
Overall Job Satisfaction:
4.0
Are women & men treated equally?
"Yes"
One thing State Street Corporation can improve?
"Promote more women into leadership positions"
Recent Salary
$100k-$150k
Recent Bonus
$0-$10k
Work-Life Friendly Attributes:
Hours, Culture
Did you take Maternity leave?
"No"
Would you recommend State Street Corporation to other women?
"Yes"
Anonymous Review Image
"Women are not given promotion opportunities or compensation equally."
Overall Job Satisfaction:
3.0
Are women & men treated equally?
"No"
Position or Department
Officer, Product development
Recent Salary
$50k-$80k
Recent Bonus
$0-$10k
Did you take Maternity leave?
"No"
Would you recommend State Street Corporation to other women?
"No"
Anonymous Review Image
"I've worked here for 4 years and think it's a really good place for a working mom who wants flexibility. Yes I think I could get paid more if I worked somewhere else potentially but the salary is still good for accounting role and has given me the flexibility to work from home 100% which as a new mom, has made my life much easier by avoiding traffic and extra drive time. They really value flexible work arrangements in their employees and are able to provide as long as good employee who they trust and still gets work done! It also makes it easier to leave right at 530pm to pick up baby. I'm willing to sign on at night during busier periods but I wait until after baby is asleep. The offices have nice pump rooms for nursing mothers. There is a free back up child care policy (20 days!) as well that I have yet to use but is a great benefit. Vacation policy is fair (20 days plus 3 personal days at senior associate and above level plus 9 observed holidays). They also have good coverage for IVF and infertility ( through the high deductible plan at least). The mentoring/move up options are available but you really have to be your own advocate if you want increased responsibility or experience but being global, there are plenty of opportunities depending on location or willingness to move. I didn't think at first that I would stay as long but as a new mom, I'm happy I did!"
Overall Job Satisfaction:
4.0
Are women & men treated equally?
"Yes"
Position or Department
Officer (manager), N/A
Recent Salary
$80k-$100k
Recent Bonus
$0-$10k
Did you take Maternity leave?
"Yes"
10 Paid | 0 Unpaid
Would you recommend State Street Corporation to other women?
"Depends on level, I don't think associates are paid as well but if you stick around and move up, you get greater flexibility and higher pay along with good corporate policies for maternity leave and flex work which is perfect for a new mom."
Anonymous Review Image
"flexible hours"
Overall Job Satisfaction:
3.0
Are women & men treated equally?
"Yes"
Recent Salary
$50k-$80k
Recent Bonus
$10k-$20k
Did you take Maternity leave?
"Yes"
8 Paid | 12 Unpaid
Would you recommend State Street Corporation to other women?
"Yes"
Anonymous Review Image
"Boston is pale, male and stale, the boys still try to do everything the old school way. There is a desire to change with some of the top of the house but within the executive levels there continues to be a lot of outdated approaches. Generally I beleive that women are seen as important, and diversity is a common discussion item; however I don't see the commitment to advance women into leadership positions."
Overall Job Satisfaction:
4.0
Are women & men treated equally?
"No"
Position or Department
Senior Vice President, Institutional Services America
Recent Salary
>$150k
Recent Bonus
$50k-$100k
Did you take Maternity leave?
"Yes"
20 Paid | 0 Unpaid
Would you recommend State Street Corporation to other women?
"Yes"
Anonymous Review Image
"The company is supportive of strong women and talent wherever it is found."
Overall Job Satisfaction:
4.0
Are women & men treated equally?
"Yes"
Recent Salary
$100k-$150k
Recent Bonus
$0-$10k
Did you take Maternity leave?
"No"
Would you recommend State Street Corporation to other women?
"Yes"
Anonymous Review Image
"I have worked here for 8 years. Over time the environment has changed greatly. It's a cutthroat environment the higher up you are. This is mainly the result of cutbacks and not replacing laid off employees. I find women seem to frequently not get along and to go after each other frequently. Not all, but a high percentage. There are great benefits offered but if flexibility is not what you are looking for I would suggest a different company since the pay is low and potential for growth is also low."
Overall Job Satisfaction:
1.0
Are women & men treated equally?
"No"
Position or Department
Officer, USIS
Recent Salary
$50k-$80k
Recent Bonus
$0-$10k
Did you take Maternity leave?
"No"
Would you recommend State Street Corporation to other women?
"Depends on who you are working with. Women do not treat each other well overall. Flex time and WFH 2-3 days a week is offered. If those are your priority, then this may be good. For career growth, the company for both men and women does not offer a lot of opportunities."
Anonymous Review Image
"great flex program"
Overall Job Satisfaction:
4.0
Are women & men treated equally?
"No"
Recent Salary
$80k-$100k
Recent Bonus
$10k-$20k
Did you take Maternity leave?
"No"
Would you recommend State Street Corporation to other women?
"Yes"
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