At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing.
Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future.
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20 Churchill Pl, London, E14 5HJ
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| Industry | Financial Services |
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20 Churchill Pl
London
E14 5HJ
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State Street is known for its flexible working approach and has offered flexible work arrangements for over 20 years. Their Flex Work Program allows individuals to request a Flex option to meet their needs, these include Flex place, compressed schedule and reduced hours.
What we love about State Street:
💡State Street is committed to supporting families and therefore offers paid parental leave, back-to-work support as well as flex working arrangements.
💡State Street offer two paid days off for volunteering.
What's worth checking about State Street:
💡 Employees must request flexible working arrangements which may be location and role dependent.
Articles about State Street:
💡 State Street, which manages $3.5 trillion, is closing its New York offices
Flexible work arrangements have existed at State Street for more than a decade, initially on an individual, as-needed basis.Due to high employee demand, it has evolved into a proactive, holistic approach through the creation of the Flex Work Program.
Initially, the program sought to formalise flexible work arrangements that had been growing organically across the organisation by providing a framework for employees. As the program gained momentum, we decided to integrateFlex with our business strategy; transitioning from a disparate collection of employee-initiated arrangements into a proactive, manager-initiated program supported by an array of tools, technologies and resources.
Why Manager-Initiated Flex Makes Sense
The power of our organisation comes from our people. Organisational sustainability is dependent on meeting our employees’ diverse needs in ways that also address business needs.Manager-Initiated Flex is a tool for both managers and employees to increase workforce efficiency by allowing teams to work more collaboratively, with greater innovation and increased ability to optimise costs for the organisation:
1) Flex work arrangements are proactively offered by managers to employees as part of a management tool set
2) Leaders evaluate role feasibility; making decisions for individuals based on role, needs, etc.
3) Employees still have the opportunity to initiate a flexible work arrangement with their manager
Through our formal Flex Work Program, we offer our employees the opportunity to request from five formal flex work options to give them the flexibility they need in terms of when, how and where they work.
