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      State Street

      Engaged Employer

      State Street reviews

      3.4

      60% would recommend to a friend

      (10,489 total reviews)
      avatar

      Ronald O’Hanley

      70% approve of CEO

      57% positive business outlook

      Ratings by demographic groups

      State Street has an employee rating of 3.4 out of 5 stars, based on 10,489 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
      1.0
      Sep 1, 2013

      A great place to waste your life away.

      Derivative pricing specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Easy schedule (Mon-Fri 8:00 -4:30) - 3 weeks of vacation the first year - Company matches 100% of 401K, up to 5% of salary, after the first year. - Some friendly coworker if you're in the right team. - If you like to blindly push buttons all day this is perfect for you.

      Cons

      - Expect to work holidays. - People at the top lack communication skills and common sense. - High turnover. - Bad reputation. - Underpaid. - Learn skills irrelevant to job title.

      3.0
      Aug 20, 2013

      State Street used to be good-very good company overall.

      Assistant vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      Provided the opportunity to move around and work in different areas which broadened the knowledge of how the company operates. Work-life balance scheduling was great. Volunteer program was very respectable.

      Cons

      Once in the company, merit increases were fairly small. Only way to get bigger pay is to go outside and then move back. Promotions are based on a "queue" system instead of just good old "he/she deserves a promotion and will get it".

      1.0
      Jul 13, 2013

      State Street is for those who can't find work anywhere else

      Fund accountant, associate i
      Recommend
      CEO approval
      Business Outlook

      Pros

      Easy job to get. Job security is 99%. You pretty much have to try to be fired. Some groups allow you to work from home. You learn good skills like Excel, time management, multi-tasking, and how to look like you are working when you are not.

      Cons

      Pay is the lowest in the industry. Work is processing (clicking buttons) not accounting. You will not learn the fundamentals of accounting or any field for that matter. Management hires based of whether they know you or not and skills do not matter. I have a good reputation with everyone and could be promoted in a heart beat, but I'm not conforming to that ridiculous way of management. My current manager is not qualified for the job and she was just hired on. There are two others in my group who should have been promoted, yet they are not the most "popular". It's like high school at the company. Accounting/work becomes something you never want to do again.

      Viewing 535 - 537 of 10,489 Reviews
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      ReviewsState Street reviews

      Glassdoor has 11,925 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.