Avoid at all cost - Vice President State Street Employee Review

1.0
Feb 8, 2026
Recommend
CEO approval
Business Outlook

Pros

You are employed and pay arrives on time

Cons

One of the worst places to work in Massachusetts. Constant threat of of layoffs, senior management cares only about their bonuses, every year is a "tough" one when it comes to funding bonuses/comp for everyone below Managing Director level, annual merit raises don't exist for most so you are actually losing money by continuing to work there, expectations vs. compensation is ridiculous, and some of the worst management / "leadership" you will experience in your career, Clients do not matter anymore and employees are treated like cattle and SS is offshoring jobs at a ridiculous rate over the last 10 years which makes client service worse. This is an awful place to work, avoid at all costs.

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.

2.0
Jun 21, 2026
Recommend
CEO approval
Business Outlook

Pros

The company has a great severence package. Unfortunately thats a pro because they are laying off workers every 3 months until most of operations are offshore. Decent 401k match and vacation.

Cons

Layoffs, pay is low. Return to office mandate.

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