Bad Salary, Bad policies, Good Benefits - Vice President - Technology State Street Employee Review

3.0
Aug 28, 2021
Recommend
CEO approval
Business Outlook

Pros

The only good thing about State Street is its benefits which are comparable to most companies in the space, however, they only have high deductible plans to choose from.

Cons

Most of the company employees have not got a salary hike in over 4 years. The company leaders do not understand the competition in the technical space and think it's okay to deprive employees of their deserving appraisals every year. This makes it extremely difficult for the line managers to retain employees as there are plenty of competitors in the market who would be glad to hire them on 1.5 times their current salaries.

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.

4.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent work life balance and decent PTO

Cons

Pay could be better and the workload can be a lot at times

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