The Work Index by Flexa

State Street

State Street is a global leader in investment servicing, investment management, and financial markets.

6.5

/10

Transparency ranking

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Description

State Street is a global leader in investment servicing, markets and financing, and investment management. They service nearly 10% of the world's assets, providing a range of products and services to asset managers and owners, insurance companies, official institutions, and central banks. They have a long history of innovation and are committed to optimizing for today while solving for where the industry and their clients are headed. Their expertise spans the investment lifecycle, and they offer solutions for data management, fund administration, liquidity, financing, and clearing and settlement.

State Street is also committed to diversity, equity, and inclusion (DEI). They have a strong focus on attracting and retaining diverse talent and have set goals to improve representation of women, African American/Black, and Latinx/Hispanic employees. They have also conducted an independent civil rights audit and regularly review their pay practices to assess pay equity. They are recognized for their commitment to excellence, their contribution to the industry, and their teams' efforts in making a difference for their clients, shareholders, and communities.

Flexibility

State Street offers flexible work arrangements to help employees balance their professional and personal lives. This includes flexible work programs, which allow employees to tailor their work schedules to fit their individual needs, as well as paid volunteer days and a matching gift program to encourage community engagement. State Street also supports employee networks, which can provide resources and support for employees in specific areas of interest or life experience.

Benefits

State Street offers a competitive and comprehensive benefits package, with details varying by location, but generally including generous medical care, insurance, and savings plans. Employees also have access to a flexible work program to fit their individual needs, as well as development programs and educational support to help them reach their full potential. The company is committed to providing a great work environment and fostering an inclusive and diverse culture where everyone can thrive.

Enhanced parental leave

Mission

State Street is a global leader in investment servicing, markets and financing, and investment management, committed to reimagining finance with resilience and insight. They empower institutional investors to adapt, grow, and prepare for tomorrow by leveraging their expertise and cutting-edge technology, ultimately helping clients deliver optimal performance and navigate evolving market landscapes.

Automation
Data-driven
Disruptor

Culture

State Street fosters a culture built on collaboration, caring, and a commitment to excellence. They prioritize a diverse and inclusive work environment where employees feel supported and empowered to reach their full potential. This is reflected in their focus on employee development, corporate citizenship, and a dedication to inclusion, diversity, and equity. They encourage a culture of continuous improvement and innovation, where teams work together to deliver results with integrity and speed, always striving to do better every day.

Agile and dynamic
Collaborative
Engaging
Fast-paced
People-first
Progressive
Supportive
Transparent

DE&I

State Street embraces diversity, equity and inclusion (DEI) as a core value, believing it strengthens the company and delivers better business outcomes. They foster a welcoming environment for employees from diverse backgrounds and life experiences, celebrating their unique perspectives and contributions. State Street actively measures and reports on their DEI goals, implementing initiatives to increase representation, address racism and inequality, and ensure equal pay for work of equal value. They are committed to creating a just and equitable workplace and society through a variety of programs and partnerships.

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