State Street reviews

3.4

59% would recommend to a friend

(10,475 total reviews)
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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 10,475 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
5.0
Aug 10, 2022
Recommend
CEO approval
Business Outlook

Pros

Offers great pay and benefits.

Cons

Long hours and have to work weekends

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State Street Response
3y
Thank you for sharing your review. It is wonderful to hear that you appreciate the benefits we offer and the exposure you received across the company. As our teams supports various global functions, we operate in different time shifts. However, we offer benefits and support for employees working in different shifts. We also have an internal mobility program that encourages our colleagues to choose a job role that suits their working preference and timing.
2.0
Jul 6, 2022
Recommend
CEO approval
Business Outlook

Pros

Full time work from home. People are nice.

Cons

They are very cheap and will not give you a raise. It has been over 4+yrs since they have given anyone a yearly raise (outside of people being promoted or moving internally). They talk about supporting women being paid as much as men and equality, but that is all. They also talk about elevating black individuals and making sure they have fair market pay, but that has not happened, a colleague (black woman) has asked for a raise and have not gotten any in the last 10yrs...they keep stating they don't have it in the budget. There has been no action to bring women to the same pay as men.

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State Street Response
3y
Thank you for sharing your feedback and appreciating our opportunity to work from home. At the same time, we are sorry to hear about your concerns. We are committed to offering a friendly work environment with equal opportunities for everyone. At State Street, we have a very transparent performance measurement system to decide on compensation and incentives. We strive to offer competitive compensation to our employees as per the industry standards.
3.0
Jun 23, 2022
Recommend
CEO approval
Business Outlook

Pros

Good benefits. Good people. Good salary.

Cons

Staff is underpaid. New employees get treated better in compensation than veterans.

Viewing 364 - 366 of 10,475 Reviews

Glassdoor has 11,911 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.