Anyone surprised how little work is done at a new company after leaving Slave Street? Ever worked so hard that you developed awesome multitasking and process improvement skills that makes your new job a piece of cake? That certainly was the case for... — read more
What's one improvement that you'd implement at the company right now?
Just one. Let's say you had all $$$ and power to implment it.
how's your India team working out for you
Mine started with 7 people on the team. There have been multiple turnovers and so far this year one person has quit and there are two pending resignations. I now have five employees. Two came on recently. It's the same vicious cycle every... — read more
I have reason to believe st str will have layoffs soon- can someone confirm
Reasons- the market, and how this company penny pinches. executives in the office talking about headcount and cost savings they need.
I'm feeling exhausted
Sorry for my venting, but I don't know how much longer I will be able to work at this pace. Without exaggeration, I have been working for two or even three people for months now, and I can't get a better job. I almost don't have any work-life... — read more
I want to be layed off from state str
Are any layoffs coming soon? I am hopeful, I doubt it though since the entire bank is chronically understaffed. I’ve gotten so sick of the huge workloads, discrimination, finger pointing and blatant lack of respect state has for the people working... — read more
Better jobs are not just better paid jobs
Many people point out how much more they are getting paid since getting a job in some other company. Of course, pay is very important, but it is not the only and most important priority for everyone. Besides getting paid more, I'm more interested... — read more
I know plenty of people who would probably check more than half of these boxes
14 Signs It's Time To Leave Your Job You lack passion. You don't wake up with a feeling of excitement towards your job. You are miserable every morning - you dread going into work. Your company is sinking. No need for you to sink also. Put on... — read more
Recent BBH fireside chat
Did any current BBHers who were former SSB employees attend the employee career meeting on 2/16? How much of it was hot air? I used to work at BNY and have nothing but a bad opinion of employees at SSB. I'd love to hear opinions, career trajectories... — read more
Will there be more layoffs soon?
Or is there no need due to increased attrition?
Bonus payout date
Anyone know when bonuses payout for SSB and CRD? Hoping to receive my bonus then resign
Work smarter
I’m not a newbie at State Street, nor is this my first work experience. Despite all my previous experience, lately I can barely cope with a huge amount of work. It really isn’t a job for one person. And then some advise me that I should work... — read more
So has anyone been fired for not getting fully vaccinated ?
Or are people who are unvaccinated still WFH?
Vaccine and Booster requirements and in office
Does anyone know if state street has or is planning to actually enforce these? I know they said you need to have a booster now in order to get in the offices-in North America at least, and that you need to be in the office if that is your role but I... — read more
Contractors hired as permanent employees
My friend works here as a contractor. It may not be the right place to ask that question, but I would like to know if anyone knows what's the possibility is of a contractor being hired as a permanent employee? I don't know of any such case, but maybe... — read more
Last one out
Be sure to shut off the lights Don’t want to waste energy. It’s pretty much a done deal. I’ve ridden on the ship ten years and each time I think it will improve it actually gets worse. I can’t get to shore off this sinking clipper fast enough... — read more
How do you get everything done?
Given that the workload is significantly higher and some even complain that they are now doing a triple workload, I wonder how you manage to get everything done? After my colleague left, I got only a part of his job and honestly, I barely manage to... — read more
A union to protect from layoffs
Anyone want to start a union? We need client service and operations. What are your thoughts? key individuals will do.
How Will STT continue if no one is here
Had more people reach out today to confide in me they are upset about end of year and the lack of recognition STT gives and are now also leaving. Everywhere I look teams are severely understaffed, some comments I've heard over the past week: 'this... — read more
With is going on?
It’s non stop all day just push push push I can’t take it anymore I can’t find any job out there either. I have the credentials and skills Is anyone gearing any interviews? It’s as if I’m invisible.
Is anyone out there finding
Any job out there that will Hurd STT employees? I am trying desperately to get a new job. I have the skills credentials and experience. There’s jobs out there but no bites. Are they ghost jobs for pretend?
The great resignation
It’s real. They know they are in trouble.
How to negotiate a raise?
I would try to negotiate my raise if I thought that there is a 1% chance to negotiate successfully or not be fired soon after negotiating. However, if I don't get a better job soon, I'll try, whatever happens. Is there anyone here who has managed... — read more
Bonus and raises 2022
Yep.. As expected my group got a big fat zero for 2022. Zero raises for the past 5 years and as a result i am starting to see few farewell emails from my peers in other groups. Seriously, most of us that have stayed on took on more work and grind... — read more
STT will be taken over by TCS and interns according to the townhall meeting?
So STT will be taken over by TCS and interns according to the townhall meeting? Then why just move STT to Indian? There are plenty of banks here can take over the STT business in US.
How to file complaint to labor department if STT move my job to offshore and layoff me
I am seeing this is happing after spending long time training the offshore team. But does this means STT is violating American first labor policy? How to file a complaint to labor department?
Fairness?
Maybe there used to be some fairness here, but it's long gone. Wrong people are being promoted, while others are not even clear on what's the right path to get promotion. People put in extra effort and the only thing they get in return is more... — read more
McKinsey project
I left a while back. Right around that time some McKinsey ghouls were in, trying to get everyone to come up with "efficiency" ideas. Just wondering how'd that go?
Is getting promoted worth the effort ?
I’m very focused on getting promoted. I'm doing the best I can. On the other hand, there are many who tell me that maybe it's best to give up on that idea because even if I manage to get promoted, I will just get more work and nothing more. I find it... — read more
What if someone wants to be laid off?
I’ve been trying all these years to be as good of an employee as possible but I’ve gotten sick and tired of everything here. I wouldn’t want to leave without package and I’d love to leave as soon as possible. I want to be on the list of next layoffs... — read more
Going to work for direct competition
I came to State Street from a company that was not a competitor, and now I have received a very tempting offer from direct competitors. I talked to people who also crossed over to competitors and they all tell me that there was something very... — read more
Does it depress you that everything you’ve worked for…..
Will be eaten away by inflation, higher taxes across the board on everything. Basically, you will have worked you entire life and pretty much have nothing to show for it. Even that 2.3 million dollar straight front colonial in the “it” town won’t... — read more
What is the rumor on raises for 2022? I’ve heard MS, JPM, GS are giving decent raises to align with inflation
Will state street give out such raises? A 2% raise won’t do much, but getting 15-25% will help with inflation.
What is the difference in the Titles
Some of the titles make sense other seem to be created . The old motto " I keep give you a raise but I can give you a title Senior Vice President Vice President Assistance Vice President ??? Officer ?????? Then a newly created... — read more
The most chaotic place of work
I've worked for a number of investment firms and I can tell you this is by far the most chaotic place of them all. Considering the lack of streamlined processes, I sometimes wonder how anybody gets anything done. Add to that poor management and the... — read more
What percentage of the company will be laid off after the upcoming financial collapse?
My bet is there are deep cuts in layoffs. I’d say 20-25%. And I’m thinking the stock market collapse takes us into a depression for at least 10 years.
Why do some people change jobs so often….are they really afraid of being laid off?
I noticed some people only stay in a role for 1-2 years and then change jobs. Is this normal at SS?
Was this always too much of a political place?
The thing that bothers me the most at State Street is that this place is too political. Has it always been that way or...?
Vax or be Fired in January
State Street is requiring all employees be fully vaxxed by 12/22 or face voluntary resignation in January with no severance or unemployment. Problem is 50% are still not vaccinated. Bend on your personal beliefs and you get to stay and watch the... — read more