Outsource, outsource, outsource - Anonymous employee State Street Employee Review

Skeleton crew departments--departments are way understaffed Be prepared to work your tail off with little chance to get a raise--review system is a joke lack of reward/recognition system...it was taken away with nothing to replace it lack of quality management--managers will hold meetings just for the sake of having meetings with little being actually accomplished too much management--manager titles are thrown around like confetti, there are some managers who manage 2-3 people, some don't manage any work is consistently being outsourced to China, India, and Phillipines company has lost its focus--it's all about increasing the bottom line, clients aren't even an afterthought If you aren't brown nosing someone, there's not much room for advancement--more of a chance of getting laid off than getting promoted Company is very cheap---have to pay $2 a week for jeans day Friday, there will probably be no Christmas party as a cost saving initative...coffee maker was taken away since it was getting too costly