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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
      Mar 24, 2016

      This company is slowly dying. Annual layoffs are depressing.

      Client service operations specialist ii
      Recommend
      CEO approval
      Business Outlook

      Pros

      Work/life balance in some groups is great, with work from home potential and tons of vacation time. They will hire anyone who shows even halfway competency and can network with a recruiter.

      Cons

      Salary is low. Really low. I mean if you are getting hired without even a bachelors degree (like I was), then its not so bad but in terms of a career or post graduation it is just absolutely awful. The benefits are good, but in this industry nearly all companies have good benefits so don't let that sway you. The saddest part is the annual layoffs and the fact that the industry has simply passed by its glory years for a company like state street. In the 80's and 90's this company was heaven on earth but not anymore.

      1.0
      Mar 21, 2016

      RUN, don't walk, RUN from this place

      Officer - structured trust
      Recommend
      CEO approval
      Business Outlook

      Pros

      People can be good. Good for people right out of school as probably half the company consists of entry level people. Good place to get exposure to very basic market concepts.

      Cons

      This is an operations company. If you want to work in a "finance" role look somewhere else. Pay is low, bonuses are low, lots of redundancy in middle management. Benefits are weak. They lay people off every year so you never really feel secure in your job. Culture is toxic and turnover is constant. You'll never hear someone say they're proud to work at State Street and really, most people seem a bit ashamed of it (I know I did). It's a total joke in the industry and everyone in Boston knows it.

      2.0
      Mar 8, 2016

      Worse Company

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Flex Time is very good - work from home

      Cons

      Everything else from compensation, management, etc.

      Viewing 460 - 462 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.