State Street reviews

3.4

60% would recommend to a friend

(10,487 total reviews)
avatar

Ronald O’Hanley

70% approve of CEO

57% positive business outlook

State Street has an employee rating of 3.4 out of 5 stars, based on 10,487 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
4.0
Jun 24, 2014
Recommend
CEO approval
Business Outlook

Pros

The benefits are great! Not just dental, health, vision, etc. but a decent perks website for travel and goods discounts. Free admission to the MFA for you and a guest every time you go. You have to either kill someone or get caught selling drugs in the office to get fired (different than being laid off - see "cons".) SSB is very big on global inclusion, diversity, social issues, supporting the arts and the community.

Cons

So focused on the bottom line that they've forgotten about the emotional well-being of their employees above and beyond offering great benefits. They do have a great Flex work program but you're still expected to work 60+ hours a week if you're an AVP or above. Work/Life balance is one of their "core tenets" but they don't practice what they preach.

2.0
Jun 15, 2014
Recommend
CEO approval
Business Outlook

Pros

Easy to get hired Good benefits Well known name(not always a plus) Does offer good work/life balance for some areas

Cons

Low pay Limited advancement Constant reorganization Poor management/infighting/lack of leadership Specialized business units result in newer employees never getting very good at their jobs, are forced to stay in one area.

3.0
May 19, 2014

good benefits, but disappointing overall.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

good benefits, good volunteer program

Cons

the extensive use of contract/temporary personnel, as well as their enormous IT outsourcing contract, is very disappointing.

Viewing 514 - 516 of 10,487 Reviews

Glassdoor has 11,923 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.