it's an okay place to work - Operations Manager State Street Employee Review

1.0
Aug 8, 2010
Recommend
CEO approval
Business Outlook

Pros

laid back enviroment. you can't get fired for being incompetent. Don't need to work extra hard. See my comments in the Cons section

Cons

I worked hard and my annual reviews always reflected this. I had continued to receive very high grade on my performance reviews and was well regarded by my peers and directors. The accolades were fine and dandy but let's face it, the pats on the back and positive words don't pay my bills!!!! The freaking place is god darn cheap with the money that it's not even funny... If you're an above average worker you will get the same compensation as the person next to you who may not have put in the same hours or the energy into work. I have seen this happen two years in the row and I didn't want to wait around for another year

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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