Advancement opportunities for top performers only - Recensione dipendente - Senior Associate presso State Street

4,0
30 ott 2008
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

There are a wide breadth of positions within the company, and plenty of potential for advancement for the top performers. Entry-level starting salaries are low, however, after about 6-8 months, I was earning 35-40% of my base in overtime. All of the entry and senior level jobs are non-exempt, and other reviewers who spoke of working 50+ hour weeks for 32k were being taken advantage of, which is no one's fault but their own. The compensation system was revamped this past year, making all employees eligible for bonuses tied directly to the rating of their annual performance review. I received 6k after just over 2 years. I feel my career has progressed at an appropriate pace, and that my efforts have always been well noted and appreciated.

Svantaggi

Obtaining a reasonable base salary is a lesson in futility, and seemingly next to impossible for anyone but the absolute top performers. Compensation management is strictly controlled on a corporate level, with a prescribed progression based almost solely on length of service. People performing the exact same job functions can have large disparities in pay unrelated to performance. When interviewing internally expect to be offered the same 3-5% increase regardless of position. There are ways around the system, but they require the concerted effort of middle-upper management.

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5,0
23 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

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

Svantaggi

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.

1,0
1 lug 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

They offer resources for learning.

Svantaggi

In my previous roles I've never felt burnout but with this one is the first I was feeling crush. I don't think managers take time to structure the tasks on a 8hrs or 10hrs per day. There are a lot of unrealistic expectations, no work-life balance at all. Even if you made the sacrifice to stay late, you will not be done with the work for the day.

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