Good things don't last forever.... - Assistant Vice President State Street Employee Review

2.0
Apr 28, 2014
Recommend
CEO approval
Business Outlook

Pros

Scale and reputation of the firm.

Cons

Company follows the peer bandwagon (i.e. other companies are outsourcing, why can't I). Outsourcing/layoffs is first priority to save money, even when service quality suffers. Everything is done to please shareholders (not employees or customers). Creative PR and lipservice jeopardize integrity of the firm. Pay rate / salaries are lower than peers and other similar firms.

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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