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

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
Feb 21, 2013

Career crippling

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

This can be a great company to work for if you get in a well run department.

Cons

Some - not all - of management is promoted based on social status and not on merit or education. Layoffs and job outsourcing make any position with this company feel unstable.

3.0
Dec 31, 2012
Recommend
CEO approval
Business Outlook

Pros

Ability to gain some experience, understand office culture, networking, company has deep pockets so if you land in the right department (anything corporate - not fund or service operations) there is chance for nice perks.

Cons

Sometimes the company is too big for its own good. If you want to do anything or change process, it takes forever and environment is highly bureaucratic. The industry is highly regulated, so preforming change management is sometimes implausible. Many people that work here are "sticks in the mud" no matter what department you work for, they are all over the place. People tend to ‘pass the buck’ here, blame others for problems or would rather claim ‘it’s not my problem’ than actually sitting down and solving anything. This place needs a serious culture change.

1.0
Dec 30, 2012
Recommend
CEO approval
Business Outlook

Pros

You'll get a few skills to add to your resume If you're married with a family then you will connect better and have an overall better experience

Cons

compensation is a joke for entry level micromanaged by the minute too much work in too little time, overtime is viewed a a performance issue management will fight tooth and nail to prevent overtime high stress, low pay, few career growth opportunities

Viewing 547 - 549 of 10,489 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.