State Street reviews

3.4

60% would recommend to a friend

(10,447 total reviews)
avatar

Ronald O’Hanley

69% approve of CEO

57% positive business outlook

State Street has an employee rating of 3.4 out of 5 stars, based on 10,447 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
Nov 26, 2014

A "soul killing" organization

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

You have a job with a large company.

Cons

You are working for a company than is hell-bent on enriching the lives of its CEO and the small circle around him by off-shoring thousands of American jobs from Boston, North Quincy, Kansas City, Mo, and Irvine CA. The effects of off-shoring are a lower quality product being delivered to State Street's clients by workers in India, that are im most cases poorly trained, and half asleep working 8 time zones away.

1.0
Nov 17, 2014
Recommend
CEO approval
Business Outlook

Pros

Decent benefits Team oriented Located outside of Boston

Cons

Always understaffed Work all but 2 holidays a year Poor training Limited room for gorwth Low base salary and bonus compared to other companies Overworked and everyone in the team is burnt out Worked during 3 blizzards and one tropical storm

2.0
Nov 1, 2014

Just keeps getting worse

Recommend
CEO approval
Business Outlook

Pros

The flex work schedule, most people have an option to work from home twice a week.

Cons

Continuous layoffs. Frequently the layoffs are no longer about performance but based on who makes the most money on the team. 15-20 year veterans are now being replaced by entry level college students. Too large of a workload that is impossible to keep up with. A hostile work environment where you can't trust anyone because most are desperate to do anything to keep their jobs. Client dissatisfaction with the drop in quality of service through missed deadlines and inexperienced staff has just created even more hostility. We keep on wondering when it will get better but when you think things can't get any worse, they do.

Viewing 43 - 45 of 10,447 Reviews

Glassdoor has 11,878 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.