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      State Street

      Engaged Employer

      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

      Ratings by category

      3.6

      Diversity & inclusion

      3.4

      Work/Life balance

      3.3

      Culture & values

      3.2

      Career opportunities

      3.1

      Compensation and benefits

      2.9

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      10K reviews
      1.0
      Aug 8, 2010

      it's an okay place to work

      Operations manager
      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

      2.0
      May 17, 2010

      Better than Jobless

      Portfolio accountant
      Recommend
      CEO approval
      Business Outlook

      Pros

      State Street is a great place to start when you first start out working, but not for in the long term. The people here are generally young and vibrant. Employees are nice and friendly. Management knows their stuff and actually are quite good at their fields. Benefits are decent. Location is flexible.

      Cons

      State Street has a robotic environment where work is all about clicking buttons. You don't even need to know what you are doing as long as you know which button to click and when to click it. Macros run the place and everyone does their work but really has no clue what is going on. Your work here and everything that you learn will be meaningless once you leave State Street. Work is repetitious and meaningless to the employee, they expect the same work everyday. You can take classes, but classes are catered to State Street systems, for better or worse. Salary is low, pay is universially 32K as a starting point - State Street is known for low pay. Raises and promotions are a joke. Morale is very low, my entire team is seeking new employment.

      3.0
      Apr 11, 2010

      Mixed bag

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Flexibility Work/life balance Professional growth Friendly/fun coworkers Good benefits Local management extremely motivated and willing to pitch in Training opportunities

      Cons

      Limited career opportunities HQ senior/executive management disconnected from reality HQ senior/executive management unrealistic expectations HQ senior/executive management not flexible and unwilling to act on front line issues

      Viewing 313 - 315 of 10,472 Reviews
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      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.