BOSTON & TORONTO--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) announced today that it has been recognized by the editors of Canada’s Top 100 Employers project as one of Greater Toronto’s Top Employers for the third straight year. State Street in Canada was recognized for its commitment to workplace diversity and inclusion, volunteerism, family support benefits for birth and adoptive parents, and its culture of collaboration and dedication to developing its workforce through education and mentorships.
Now entering its eleventh year, Greater Toronto’s Top Employers honors employers that lead their industries in offering exceptional places to work.
“We are thrilled to be recognized as one of the top employers in Toronto again this year,” said Robert Baillie, head of State Street Canada. “We know that in order for our employees to bring their best selves to work, so they can build positive and lasting relationships with our clients and each other, we must make sure they feel supported in every aspect of their lives. This award represents all the hard work each of our employees put in day in-and-day out to build a culture of inclusion, collaboration, creativity and dedication to the job.”
The assessment criteria for the annual competition included evaluating State Street’s physical workplace; work atmosphere; health, financial and family benefits; vacation and time off; employee communications; performance management; training and skills development and community involvement. Employers were compared to other organizations in their field to determine which offers the most progressive and forward-thinking programs.
Mediacorp Canada Inc., which manages the competition, invited approximately 8,000 employers to submit applications, including a detailed review of their operations and HR practices. Winners were announced in a special magazine published in The Globe and Mail in December of 2016.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. With $29 trillion in assets under custody and administration and $2 trillion* in assets under management as of September 30, 2016, State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia. For more information, visit State Street’s website at www.statestreet.com.
* Assets under management were $2.4 trillion as of September 30, 2016. AUM reflects approximately $40 billion (as of September 30, 2016) with respect to which State Street Global Markets, LLC (SSGM) serves as marketing agent; SSGM and State Street Global Advisors are affiliated.
The views expressed in this material are the views of State Street through the period ended November 29, 2016 and are subject to change based on market and other conditions.
This news announcement contains forward-looking statements as defined by United States securities laws, including statements about the financial outlook and business environment. Those statements are based on current expectations and involve a number of risks and uncertainties, including those set forth in State Street's 2015 annual report and subsequent SEC filings. State Street encourages investors to read the corporation's annual report, particularly the section on factors that may affect financial results, and its subsequent SEC filings for additional information with respect to any forward-looking statements and prior to making any investment decision. The forward-looking statements contained in this press release speak only as of the date hereof, November 29, 2016 and the company will not undertake efforts to revise those forward-looking statements to reflect events after this date.
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Expiration date: 12/31/2017