State Street reviews

3.4

59% would recommend to a friend

(10,479 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 10,479 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
3.0
Dec 16, 2017

Mixed bag

Recommend
CEO approval
Business Outlook

Pros

Employees at the Associate through AVP level tend to be a pleasure to work with and willing to do what is needed to get the job done.

Cons

Management is far removed from daily operations and doesn’t seem to adequately understand the challenges faced by Associate level staff and first line managers.

2.0
Dec 6, 2017
Recommend
CEO approval
Business Outlook

Pros

The benefits can be good starting out and for people new to the workforce, it's a great stepping stone. It's just not more than that.

Cons

Workers, especially at lower level, are expendable. Higher corporate is always looking to downsize to fatten their own pockets. The company encourages backstabbing, manipulating the system, and doing whatever it takes to rise up. In my own team we bend over backwards to meet our goals, and because we haven't had any major disaster, we now have less people on our team because 'we can handle it'.

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State Street Response
8y
Thank you for sharing this with us. We encourage all employees to escalate their concerns right away. Employees should visit the Corporate Compliance community on the intranet and search for the “Speaking Up Resources” document to learn the best course of action. -State Street
2.0
Nov 14, 2017

Stable but bureaucratic and hierarchical

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Stable business - Decent benefits - Easy hours

Cons

- Bureaucratic, hierarchical, political - Full of managers escaping risk or blaming others - Conservative approach and line of business

avatar
State Street Response
8y
Thank you for sharing your feedback. We take risk management very seriously at State Street and hope that all employees, no matter their level, escalate risks appropriately using the “Speaking Up Resources” document on Collaborate. -State Street
Viewing 424 - 426 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.