Disappointing - Anonymous employee State Street Employee Review

1.0
Mar 31, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There is ability to work from home and flexible work arrangements. Depending on the client you work on, you may get decent industry exposure.

Cons

Extremely low salary and historically low annual merit increase/performance bonus because the company is perpetually cutting costs due to "challenging headwinds", and rather than Innovate or go after new opportunities, they choose to offshore, layoff and keep compensation low. Senior leadership in the Sacramento office is uninspiring and stagnant. Promotions are very political and playing golf or fantasy football with VPs seems to further your career more than actual hard work and value to the company and client. Turnover is very high and the strongest employees do not stick around long. The work is very operational and siloed with little opportunity for decision making. Overall the company feels very cheap and does not instill a sense of pride or confidence in the future.

Explore other reviews about State Street

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

1.0
Jul 1, 2026
Recommend
CEO approval
Business Outlook

Pros

They offer resources for learning.

Cons

In my previous roles I've never felt burnout but with this one is the first I was feeling crush. I don't think managers take time to structure the tasks on a 8hrs or 10hrs per day. There are a lot of unrealistic expectations, no work-life balance at all. Even if you made the sacrifice to stay late, you will not be done with the work for the day.

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