Offshoring is a problem - Officer State Street Employee Review

1.0
Mar 13, 2018
Recommend
CEO approval
Business Outlook

Pros

Pay is ok, not great. Benefits and PTO are really good.

Cons

The company wide offshoring initiative is creating HUGE problems in the U.S. The product received is well below par, and by attrition, onshore employees are forced to work massive amounts of overtime to compensate. So, while the pay looks decent on paper, it pales in comparison to 80 hour work weeks.

Explore other reviews about State Street

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

on-boarding was easy, lot of learning opportunities/clients to service, nice co-workers

Cons

sparse work-load allotted, difficult client assignments, strict vps

1.0
May 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Remote work is (rarely) an option, though the approval process is extremely slow and bureaucratic. There are a few well-meaning colleagues who genuinely try to drive positive change before burning out.

Cons

Onboarding and HR processes are severely broken, taking 11 months to approve remote status and failing to prepare basic equipment for day one. The workplace culture is deeply hostile, with anger and yelling functioning as the default communication style across teams. Leadership turnover is rampant, resulting in constant re-organizations, splintered teams, and a total lack of strategic direction. Role clarity is non-existent, forcing employees to invent their own daily tasks while receiving entirely contradictory instructions. Direct management is completely absent; I went seven months without any contact from my boss before being laid off via a three-word instant message and short call.

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