State Street reviews

Knowledge - while I stated above that the VPs and above are very knowledgable, they are not very approachable and you'll be lucky to get any response on a query to them. Salary - not good. Lower end of the market. When negotiating for a payrise, I was told "this is the best we can do, you're lucky to get this as we don't usually go this high". I interviewed elsewhere, got an offer, and then all of a sudden they were able to match the offer from elsewhere. Go figure. Bonuses - 5% of salary unless you're senior management. Compared to 10-20% elsewhere. Culture changing - With workloads increasing, the focus has been on getting interns in to keep up with backlogs. I have been invovled in meetings where, upon discussing incoming interns, it was said "we'll just stick them in a corner doing X while they're here - no point training them up on everything if they're going to leave." Horrible attitude. Opportunities - while progressing through junior levels is very quick (if you're up to the job), progressing beyond that is a no-no unless you're prepared to play office politics. Doesn't apply to me as I've not been here long enough, but I've seen colleagues who have been here for years who are competent, approachable and great leaders be overlooked for those who are pals with senior management, or those who just happen to shout louder. The disconnect between teams leaders and senior management is enormous. Senior Management have no idea what's going on on the floor. Ridiculous workloads, staff shortage, people at breaking point.... and their solution is "power through". Morale - the cons have gotten to morale and the atmosphere has now plummetted. I shudder to think what's around the corner.

- Horrible salary, much below industry average and HR is completely unwilling to negotiate. They have a set salary for each job range, associate 1, associate 2, senior associate, etc. It's a" take the salary or leave" atmosphere. - Unqualified coworkers. This is simply due to the low salary, they are unable to attract qualified workers. As a result the place is full of graduates, and not the good kind. You are left with graduates with a 2.2 ( a horrible grade in Ireland) who would not be employed if it wasn't for the massive talent shortage Ireland is experiencing. - You'd be left training those unqualified graduates. Again, as State Street gets the worst graduates, they often make the worst employee, and you will have to train them, except, as is reflected in their GPA, they are not good at learning. ( I have seen employees who have been there for 6months and still did not know how to use the Ctrl +C / Ctrl+V shortcut to copy and paste.......) - The managers are so used to dealing with those unqualified graduates that they treat everyone as such and provide little to no training or supervision. They are simply happy to have underpaid & under-qualified graduates to push a few buttons here and there and alleviate their own workload. - Massive overtime ( we are talking about leaving the office at 8-9pm frequently with the occasional peak at 10-11pm).