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      State Street

      Engaged Employer

      State Street reviews

      3.4

      59% would recommend to a friend

      (10,484 total reviews)
      avatar

      Ronald O’Hanley

      69% approve of CEO

      56% positive business outlook

      Ratings by demographic groups

      State Street has an employee rating of 3.4 out of 5 stars, based on 10,484 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
      May 20, 2016

      I Like My Job But...

      Accounting/pricing specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      Benefits start the first day of the month after you start. 3 weeks of vacation (prorated based off of start date), fed holidays off, cheap insurance, advancement opportunities. Entry level employees pay was increased to compete with market.

      Cons

      Company can spend millions on upgrades but give employees penny raises. Sending jobs oversees paying them less than a tenth of what they pay an entry associate here. Pay from entry to 200 not much of an increase.

      1.0
      Mar 31, 2016

      Disappointing

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      There is ability to work from home and flexible work arrangements. Depending on the client you work on, you may get decent industry exposure.

      Cons

      Extremely low salary and historically low annual merit increase/performance bonus because the company is perpetually cutting costs due to "challenging headwinds", and rather than Innovate or go after new opportunities, they choose to offshore, layoff and keep compensation low. Senior leadership in the Sacramento office is uninspiring and stagnant. Promotions are very political and playing golf or fantasy football with VPs seems to further your career more than actual hard work and value to the company and client. Turnover is very high and the strongest employees do not stick around long. The work is very operational and siloed with little opportunity for decision making. Overall the company feels very cheap and does not instill a sense of pride or confidence in the future.

      3.0
      Mar 30, 2016

      senior Associate

      Client operations manager, senior associate
      Recommend
      CEO approval
      Business Outlook

      Pros

      Flexibility, great benefits, fun people to work with, laid back atmosphere. I would reco.mend to anyone that is wanting to start a career in finance or business.

      Cons

      Too much red tape, slow to change and making decisions. State street could be much more competitive with hiring if they paid more and retained bright people. Their benefits are becoming less and less each year which has been dissapointing. Not enough peoe to co.ete the work because of the red tape.

      Viewing 457 - 459 of 10,484 Reviews
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      ReviewsState Street reviews

      Glassdoor has 11,920 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.