State Street used to be good-very good company overall. - Assistant Vice President State Street Employee Review

3.0
Aug 20, 2013
Recommend
CEO approval
Business Outlook

Pros

Provided the opportunity to move around and work in different areas which broadened the knowledge of how the company operates. Work-life balance scheduling was great. Volunteer program was very respectable.

Cons

Once in the company, merit increases were fairly small. Only way to get bigger pay is to go outside and then move back. Promotions are based on a "queue" system instead of just good old "he/she deserves a promotion and will get it".

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.

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