ry Successful company, bad paymaster - Vice President State Street Employee Review

2.0
Apr 28, 2022
Recommend
CEO approval
Business Outlook

Pros

It's a very large company with constant acquisitions and expansion of business, so there is a lot to learn and experience.

Cons

One of the worst paymasters, base salaries are very low compared to peers, bonuses are promised by seldom delivered. Top execs make a killing in total compensation, but staff are always given the short-end under some pretext or other. Budgets management for programs and projects is also very poor.

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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