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      State Street

      Engaged Employer

      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

      Ratings by category

      3.6

      Diversity & inclusion

      3.5

      Work/Life balance

      3.3

      Culture & values

      3.2

      Career opportunities

      3.1

      Compensation and benefits

      2.9

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      10K reviews
      1.0
      Sep 28, 2010

      The Wal-Mart of financial services

      Structured finance analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      The location is good. That's really it.

      Cons

      Employees are treated like cattle. The name "State Street" is toxic to your resume, every employer knows they can give you lowball offers as everyone knows state street pays terrible salaries. Entry levels can make as low as 30K, Senior Associate (Managers/supervisors) can't make over 60 Benefits are lousy, $100 ER copay, no stock options or even discounted stock purchase Lucky to get a 2-3% raise as a "consitently exceeded expectations" employee if you get promoted or transfer to a new dept you are capped at a 10% salary adjustment, but if you turn down the offer they'll hire an external at 20,30+% or what you make.

      1.0
      Jul 25, 2023

      Would Not Recommend

      Assistant vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      Can’t think of much. Did not enjoy my time here

      Cons

      They are constantly laying people off and have no loyalty to you regardless of your contributions. They are always looking to pay someone less to do your job and as soon as they find someone they will replace you. If you are “lucky” enough to keep your job you will probably work terrible hours doing the work that used to be done by several people. Plus they don’t pay well for the industry to start. They were constantly cutting the annual bonus and raise pool for everyone other than very senior management.

      1.0
      Jan 29, 2020

      Worst company I ever worked in. Stay away!!

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      None I could think of

      Cons

      Most demotivating environment No Job security. People fear lay off every day Poor leadership. Senior leadership keeps changing strategies creating un stability in the workforce Highly political environment and the only qualification to raise in the cadre is to be highly political. As a result most senior leaders are the least empathetic and opportunistic. Career growth is zero Technology is outdated. . Zero career opportunities

      Viewing 52 - 54 of 10,447 Reviews
      Related searches: State Street jobs | State Street salaries | State Street benefits | State Street interviews | State Street conversations
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      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.