State Street reviews

3.4

59% would recommend to a friend

(10,472 total reviews)
avatar

Ronald O’Hanley

69% approve of CEO

56% positive business outlook

State Street has an employee rating of 3.4 out of 5 stars, based on 10,472 company reviews on Glassdoor which indicates that most employees have a good working experience there. The State Street employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

10K reviews
2.0
Feb 1, 2011
Recommend
CEO approval
Business Outlook

Pros

Good benefits. Good place to start out if you don't stay too long.

Cons

They are cutting salaries and laying people off. Also making jobs more rote.

1.0
Oct 6, 2010

No "air cover" and too many politics

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Multiple locations; flexible work arrangements; capability to work at home; when it's going well, it's going very well. If you connect with the right people, you can be successful

Cons

What's a pro is also a con. Very political environment. One day you are in, the next day you could be out. There is zero training of managers when they are brought in. Little emphasis on ensuring employee satisifaction. Surveys sent to staff regarding employee engagement seem to be just for show. There's never any action taken. Pay increases and bonus are unpredictable.

1.0
Aug 24, 2010
Recommend
CEO approval
Business Outlook

Pros

The benefits are good, they are also always encouraging us to take classes to help our overall knowledge of the industry.

Cons

Management favors brown nosing. Chances for advancement are slim, I could only see it happening if I posted for another position outside my department. They also do not explain processes thoroughly and the work suffers as a result.

Viewing 310 - 312 of 10,472 Reviews

Glassdoor has 11,907 State Street reviews submitted anonymously by State Street employees. Read employee reviews and ratings on Glassdoor to decide if State Street is right for you.