Great place to build ones knowledge base but mediocre pay. - Portfolio Administrator State Street Employee Review

3.0
Feb 18, 2012
Recommend
CEO approval
Business Outlook

Pros

Great use of technology Knowledgeable associates Great managers (easy to work with) Very friendly and diverse work environment

Cons

State Street is a good place to work but there is an issue that is hindering the company from being a great place to work. The mediocrity of the salary is a huge problem for most of the employees in State Street. However, State Street is a huge provider of employment in Massachusetts, thus it's somewhat understandable why the keep their pay scale.

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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