State Street reviews

3.4

59% would recommend to a friend

(10,479 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 10,479 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
1.0
Mar 22, 2018
Recommend
CEO approval
Business Outlook

Pros

You are able to work from home which is probably the only pro. Although it is sometimes difficult to get management to approve it.

Cons

You won’t move up for hard work or work ethic. Only way to move up is to be competitive and become a favorite of Management. Huge workloads, barely any training provided, be prepared to work 12 hour days because you will be given a work load that is impossible to complete in 8 hours. When struggling with workload there is little to no management help.

2.0
Mar 22, 2018
Recommend
CEO approval
Business Outlook

Pros

Flexible work locations (ability to work remotely) Advanced technology (software & hardware)

Cons

State Street's current reorg has targeted long-term employees and/or those within a specific age group (57 +), very few who have rec'd severance packages.

1.0
Mar 10, 2018
Recommend
CEO approval
Business Outlook

Pros

Flex Time; very family- friendly firm (gotta compensate for all the negatives- see below).

Cons

NAV workpapers too manual. Was told "the firm is lean" before I started: terrible salary, terrible raise (if any), terrible bonuses. Threats of RIFs always in the air. Expensive health insurance. Sone ineffective VPs in PE/ Hybrid admin space. Incompetent IT staff/ HelpDesk; if you have an IT issue be prepared to be shuffled between multiple technicians and have your issue resolved in a week (!). Never had an exit interview.

Viewing 418 - 420 of 10,479 Reviews

Glassdoor has 11,915 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.